JAKARTA, April 28 (Reuters) - Indonesia's foreign direct
investment (FDI) rose 20.2% annually in the January-March period
in rupiah terms, investment ministry data showed on Friday, with
the base metal industry the biggest recipient.
The first quarter FDI, which excludes investment in the
banking and oil and gas sectors, was worth 177 trillion rupiah,
ministry data showed. Based on the ministry's rupiah-dollar
conversion, it was equivalent to about $11.96 billion. FDI rose
43.3% in the previous quarter.
(Reporting by Stefanno Sulaiman, Fransiska Nangoy; Editing by
Martin Petty)
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