Indonesia's FDI Rises 17% in Q2, Propped Up by Smelter Investment

INVESMENT - Foreign direct investment into Indonesia rose 16.6% on a yearly basis in the second quarter to 217.3 trillion rupiah ($13.35 billion), bolstered by investment in the metal refining industry, the investment ministry said on Monday.

That rate was slightly faster than the annual FDI growth of 15.5% in the first three months of 2024. The data excludes investment in the financial and oil and gas sectors.