Chairman of Indonesian Coordinating Investment Board (BKPM) Muhammad Lutfi said the biggest investors in Indonesia in 2005 predominantly hailed from Asian countries such as South Korea, Malaysia, Singapore, China and Japan.

"Such a big investment of those Asian countries is expected to contribute to a faster growth of Indonesian economy, hopefully much better than what has been predicted," Antara news agency quoted the BKPM chairman as saying here on Sunday.

South Korea was one of the biggest foreign investors in Indonesia with its machinery components and textile product, he cited.

However, he said the investment has yet to be followed by European investors, whose investment tends to decline.

He added BKPM would keep on improving its service and facility to attract more foreign investment, which might contribute to the create of new job opportunities.

The facility and security of investment are the main factor for investors to make new investment, and BKPM will continue to provide access to foreign investors, he said.

Source: Xinhua