The biggest beneficiaries of FDI in January-March were the base metal industry, the power, gas and water utility sector, and the transportation, warehousing and telecommunication sector.
JAKARTA: Indonesia’s investment board chief on Monday warned of delays in investment due to the coronavirus pandemic, as first quarter foreign direct investment (FDI) shrank at its fastest pace in five quarters.
FDI in January-March contracted 9.2% on-year in rupiah terms to 98 trillion rupiah (US$6.4bil), according to data from the investment board, which excludes banking and oil and gas sectors.
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