Indonesia's foreign direct investment (FDI) rose 20.2% annually in the January-March period in rupiah terms, with the base metal industry the biggest recipient amid efforts to boost investment in processed minerals. 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 US$11.96 billion. FDI rose 43.3% in the previous quarter. "FDI to the manufacturing sector, especially to the metal industry in Q1 ranked first .

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