The effect of the earthquake and tsunami Japan for the Indonesian economy
Monday, March 14th, 2011An earthquake shook part of Tokyo, Japan, followed by the arrival of tsunami waves. Waves as high as six to ten feet it hit northeastern Japan. As a result, ports and airports were forced on the lid. Parts of Japan complete darkness due to power plants flooded by the Tsunami.
The earthquake and tsunami that struck Japan is expected to correct the economic growth in Indonesia to 0.8%, because Japan is the country’s biggest export destination of Indonesia. Juniman, Chief Economist of PT Bank Internasional Indonesia Tbk, said that in addition to the export destination countries, Japanese investment in Indonesia is also quite large. However, this should be resolved as soon as possible by the government. With bail bonds phoenix az, then the world economic growth will be more secure.
The second is the influence of foreign direct investment side, for Japan, including one of the largest five countries to invest in Indonesia. Investment Coordinating Board data show, the realization of Japan’s direct investment last year to U.S. $ 700 million with 394 projects. Japan ranks third, under the Singapore and UK. While Japanese investment in the fourth quarter 2010 reached U.S. $ 100 million.