Indonesia FDI commitment growth slowed last year, may pick up in 2015

Jakarta

GROWTH in foreign investment commitments in Indonesia slowed in 2014, an election year, but interest is expected to pick up this year with a push by the new administration to speed up infrastructure projects and reduce red tape.

Foreign direct investment (FDI) commitments to South-east Asia's largest economy rose 13.5 per cent for full-year 2014, the Investment Coordinating Board (BKPM) said on Wednesday, much slower than the 22.4 per cent increase in 2013.