Central Sulawesi Ranks Second Nationally for Foreign Investment as Government Sets Ambitious 2025 Targets
Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu has affirmed that regional governments play a strategic role in attracting direct investment, particularly in accelerating economic growth across their respective territories.
During a working visit to Palu on Thursday (17/4), Todotua praised the performance of Central Sulawesi Province, which recorded investment realisation of Rp 139.88 trillion in 2024, surpassing its target by 128.27 per cent. This achievement placed Central Sulawesi second nationally in the Foreign Direct Investment (FDI) category.
"This is an extraordinary achievement. I see Central Sulawesi as an example of how synergy between regional governments and investors can drive the local economy," he said.
Todotua also held an Investment Target Consolidation Meeting for 2025 with Governor Anwar Hafid and the One-Stop Integrated Investment and Licensing Services (DPMPTSP) officials across Central Sulawesi. He reminded attendees that President Prabowo's administration is targeting eight per cent economic growth, requiring national investment of Rp 13,032.8 trillion through to 2029. Of that figure, 86.65 per cent is expected to come from the private sector, making the role of regional governments increasingly vital.
The largest investment-contributing sectors in Central Sulawesi include base metals, chemicals, pharmaceuticals, mining, and industrial estates. For 2025, the province is targeted to absorb Rp 162.57 trillion in investment, equivalent to 8.53 per cent of the national target.
"Investment is not merely about figures; it must deliver tangible impact, such as job creation and economic equity," he stressed.
During his visit, Todotua directly inspected several companies operating in the downstreaming sector, particularly those in mineral mining for Buton asphalt and copper commodities, as well as the plantation sector for pine resin.
The companies included PT Asbuton Jaya Abadi, engaged in wholesale trade of solid, liquid, and gas fuels with an investment value of Rp 55.7 billion; PT Hong Thai Internasional, which processes pine resin with an investment of Rp 26.15 billion; and PT Wanhong Nonferrous Recycling Utilization, a company operating a copper smelter with an investment reaching Rp 296.2 billion.
Todotua expressed his hope that these companies would not only continue developing their potential but also deliver tangible benefits to local communities, including job creation, economic circulation, and equitable development.
"Investment is not just about numbers, but about real impact for communities — jobs, economic equity, and prosperity," he concluded.
During a working visit to Palu on Thursday (17/4), Todotua praised the performance of Central Sulawesi Province, which recorded investment realisation of Rp 139.88 trillion in 2024, surpassing its target by 128.27 per cent. This achievement placed Central Sulawesi second nationally in the Foreign Direct Investment (FDI) category.
"This is an extraordinary achievement. I see Central Sulawesi as an example of how synergy between regional governments and investors can drive the local economy," he said.
Todotua also held an Investment Target Consolidation Meeting for 2025 with Governor Anwar Hafid and the One-Stop Integrated Investment and Licensing Services (DPMPTSP) officials across Central Sulawesi. He reminded attendees that President Prabowo's administration is targeting eight per cent economic growth, requiring national investment of Rp 13,032.8 trillion through to 2029. Of that figure, 86.65 per cent is expected to come from the private sector, making the role of regional governments increasingly vital.
The largest investment-contributing sectors in Central Sulawesi include base metals, chemicals, pharmaceuticals, mining, and industrial estates. For 2025, the province is targeted to absorb Rp 162.57 trillion in investment, equivalent to 8.53 per cent of the national target.
"Investment is not merely about figures; it must deliver tangible impact, such as job creation and economic equity," he stressed.
During his visit, Todotua directly inspected several companies operating in the downstreaming sector, particularly those in mineral mining for Buton asphalt and copper commodities, as well as the plantation sector for pine resin.
The companies included PT Asbuton Jaya Abadi, engaged in wholesale trade of solid, liquid, and gas fuels with an investment value of Rp 55.7 billion; PT Hong Thai Internasional, which processes pine resin with an investment of Rp 26.15 billion; and PT Wanhong Nonferrous Recycling Utilization, a company operating a copper smelter with an investment reaching Rp 296.2 billion.
Todotua expressed his hope that these companies would not only continue developing their potential but also deliver tangible benefits to local communities, including job creation, economic circulation, and equitable development.
"Investment is not just about numbers, but about real impact for communities — jobs, economic equity, and prosperity," he concluded.