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Indonesia investment board sees 14-15% increase in FDI in 2016

[JAKARTA] Indonesia is looking at a 14-15 per cent increase in foreign direct investment next year, an official with its investment board said on Friday.

Azhar Lubis, deputy head of the Indonesia Investment Coordinating Board, said 386.4 trillion rupiah (S$39.3 billion) of foreign investment was expected next year, mostly for infrastructure and manufacturing.