Deputy Investment Minister Visits Central Sulawesi to Review Investment Targets
Jakarta — Deputy Minister of Investment and Downstream Industries/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu conducted a working visit to Palu, Central Sulawesi, on Thursday (17/4) to review regional investment realisation achievements.
During the visit, Todotua met with Central Sulawesi Governor Anwar Hafid to discuss the development of investment potential in the province. He also held a Consolidation Meeting on 2025 Investment Realisation Targets with regional government officials and heads of the One-Stop Investment and Integrated Services Offices (DPMPTSP) across Central Sulawesi.
He stated that President Prabowo Subianto's administration has set a national economic growth target of 8 per cent, requiring investment of Rp 13,032.8 trillion through to 2029. Of this amount, 86.65 per cent is expected to come from private investment.
On this basis, Todotua said regional governments play a crucial role in attracting direct investment, particularly for the development of their respective regions and economies.
"Central Sulawesi province has demonstrated outstanding performance with investment realisation of Rp 139.88 trillion in 2024, exceeding its target by 128.27 per cent and ranking second nationally in Foreign Direct Investment (FDI)," Todotua said in an official statement on Friday (18/4/2025).
He noted that the largest investment contributions have come from the base metals, chemicals, pharmaceuticals, mining, and industrial estate sectors. For 2025, Central Sulawesi is targeted to absorb investment of up to Rp 162.57 trillion, equivalent to 8.53 per cent of the national target.
Todotua also visited the Palu Special Economic Zone (SEZ) as part of an evaluation of infrastructure readiness and sustainable investment development potential in the area. During the visit, he inspected several companies operating in the downstream processing sector, particularly those in the mining minerals sector handling Buton Asphalt and copper commodities, as well as the plantation sector for pine resin commodities.
The companies visited 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, operating in pine resin processing with an investment value of Rp 26.15 billion; and PT Wanhong Nonferrous Recycling Utilization, a company running a copper smelter with an investment value of Rp 296.2 billion.
"Investment is not merely about figures, but about real impact on communities, such as employment, economic equity, and welfare," he concluded.
During the visit, Todotua met with Central Sulawesi Governor Anwar Hafid to discuss the development of investment potential in the province. He also held a Consolidation Meeting on 2025 Investment Realisation Targets with regional government officials and heads of the One-Stop Investment and Integrated Services Offices (DPMPTSP) across Central Sulawesi.
He stated that President Prabowo Subianto's administration has set a national economic growth target of 8 per cent, requiring investment of Rp 13,032.8 trillion through to 2029. Of this amount, 86.65 per cent is expected to come from private investment.
On this basis, Todotua said regional governments play a crucial role in attracting direct investment, particularly for the development of their respective regions and economies.
"Central Sulawesi province has demonstrated outstanding performance with investment realisation of Rp 139.88 trillion in 2024, exceeding its target by 128.27 per cent and ranking second nationally in Foreign Direct Investment (FDI)," Todotua said in an official statement on Friday (18/4/2025).
He noted that the largest investment contributions have come from the base metals, chemicals, pharmaceuticals, mining, and industrial estate sectors. For 2025, Central Sulawesi is targeted to absorb investment of up to Rp 162.57 trillion, equivalent to 8.53 per cent of the national target.
Todotua also visited the Palu Special Economic Zone (SEZ) as part of an evaluation of infrastructure readiness and sustainable investment development potential in the area. During the visit, he inspected several companies operating in the downstream processing sector, particularly those in the mining minerals sector handling Buton Asphalt and copper commodities, as well as the plantation sector for pine resin commodities.
The companies visited 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, operating in pine resin processing with an investment value of Rp 26.15 billion; and PT Wanhong Nonferrous Recycling Utilization, a company running a copper smelter with an investment value of Rp 296.2 billion.
"Investment is not merely about figures, but about real impact on communities, such as employment, economic equity, and welfare," he concluded.