Investment in Indonesia expected to grow 9% in 2010

Deputy Governor of Indonesian central bank Halim Alamsyah has said that the investment in the country in 2010 may grow by up to 9 percent, on the back of good economic prospects, local media reported Friday.

"We see the year 2010 as the awakening of investment sector. The investment seems to grow between 7 to 9 percent," he was quoted by detik online as saying.

Besides, Halim also said that the country's exports would also improve next year.

Indonesian Trade Ministry has predicted that the country's exports would continue to grow by 5 percent next year and has revised up this year export target from minus 30 percent to minus 20 percent.

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