Indonesia's Q1 investment tops target, jobs rise
Jakarta, April 22 -- President Prabowo Subianto received a report showing Indonesia's first quarter investment reached Rp498.79 trillion or US$30.4 billion, exceeded the quarterly target of Rp497 trillion and signaled sustained investor confidence in Southeast Asia's largest economy.
Investment Minister Rosan Perkasa Roeslani said the total marked a 7.22 percent year on year increase.
The realized projects generated 706,569 jobs which represents an 18.93 percent increase from the previous year.
This performance underscores the government's push to link capital inflows with employment growth, he told reporters after meeting with President Prabowo in Jakarta on Tuesday evening,.
Roeslani said domestic and foreign investment contribution...
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