Indonesia booked 196.2 trillion rupiah (RM58.9 billion) worth of foreign direct investment in the third quarter, up 16.2% from a year earlier, according to data on Friday from its investment ministry, which kept records in rupiah terms.
Using the ministry's official conversion, the third-quarter FDI was equivalent to US$13.3 billon. The data excludes investment in banking and the oil and gas sectors.
Southeast Asia's largest economy has seen a jump in FDI in recent years as it attracts investment in the mineral processing industry, though authorities have cautioned that elections in February may put a pause on companies' investment decisions.
The ministry's Friday data showed an acceleration in the third quarter FDI growth. FDI rose 14.2% on a yearly basis in the second quarter.
There was US$3.3 billion of investment in the base metals industry in the third quarter, the biggest recipient of FDI, followed by chemical and pharmaceutical industry and mining.
