Investment Ministry Stresses Project Clarity and Regional Commitment to Attract Investors in South Sulawesi
MAKASSAR — Gatot Subyargo Wijayadi of the Ministry of Investment/BKPM has once again emphasised the importance of project clarity and regional government commitment in attracting investment, particularly in South Sulawesi. He made the remarks when met at the South Sulawesi Governor's office on Friday, 25 April 2025.
Gatot highlighted the need for supportive regulations and South Sulawesi's significant potential as a draw for private investors. He explained that beyond project clarity and government commitment, transparent and supportive regulations are also a crucial factor for the private sector to invest.
"As regional leaders, we must recognise that investment is linked to the development objectives of the area. So if an investment is rejected, it means it does not align with regional development interests, but if it does align, it will certainly be supported by many people," he said.
According to Gatot, the regulations prepared must align with regional interests and provide certainty for investors. Investment often occurs when regions begin reducing their dependence on the Regional Revenue and Expenditure Budget (APBD), which indicates readiness and the need to involve the private sector in development.
"So when we talk about the regulations being prepared, they must align with our interests. Many investments occur because the region is not yet ready — because of dependence on the APBD. Now the government has begun reducing the APBD share, and that is when investment comes in," he explained.
Responding to South Sulawesi's significant potential, Gatot acknowledged that the region holds considerable appeal for investors. However, the decline in investment in 2024 remains an important concern.
Gatot highlighted the need for supportive regulations and South Sulawesi's significant potential as a draw for private investors. He explained that beyond project clarity and government commitment, transparent and supportive regulations are also a crucial factor for the private sector to invest.
"As regional leaders, we must recognise that investment is linked to the development objectives of the area. So if an investment is rejected, it means it does not align with regional development interests, but if it does align, it will certainly be supported by many people," he said.
According to Gatot, the regulations prepared must align with regional interests and provide certainty for investors. Investment often occurs when regions begin reducing their dependence on the Regional Revenue and Expenditure Budget (APBD), which indicates readiness and the need to involve the private sector in development.
"So when we talk about the regulations being prepared, they must align with our interests. Many investments occur because the region is not yet ready — because of dependence on the APBD. Now the government has begun reducing the APBD share, and that is when investment comes in," he explained.
Responding to South Sulawesi's significant potential, Gatot acknowledged that the region holds considerable appeal for investors. However, the decline in investment in 2024 remains an important concern.