Indonesian Political, Business & Finance News

Investment Target Reduction in North Kalimantan: DPMPTSP Claims Still Highest in Region 5

| | Source: BENUANTA.CO.ID Translated from Indonesian | Investment
Investment Target Reduction in North Kalimantan: DPMPTSP Claims Still Highest in Region 5
Image: BENUANTA.CO.ID

The North Kalimantan provincial government projects a decline in its 2026 investment target. This adjustment takes into account the economic conditions and regional dynamics. Secretary of the Investment and One-Stop Integrated Services Agency (DPMPTSP) for North Kalimantan, Rahman Putrayani, stated that the investment target set by the central government through the Investment Coordinating Board (BKPM) is around Rp 30.55 trillion. “From BKPM, it’s about Rp 30.55 trillion, slightly down. This is adjusted to the conditions of Region 5. North Kalimantan is indeed in that region, but our target is among the highest,” she said on Thursday (26/3/2026). According to her, this youngest province’s share of the national investment target is around 1.5%. Even though it has decreased, the figure is still considered substantial compared to other provinces in the same regional area. The local government continues to prioritise investments in industrial downstreaming, manufacturing, and renewable energy sectors. Additionally, several National Strategic Projects (PSN) are being pushed forward for realisation. To achieve the target, DPMPTSP will strengthen supervision of companies, particularly regarding the obligation to submit Investment Activity Reports (LKPM). Rahman acknowledged that there are still companies that have not submitted these reports. This situation is seen as one of the factors hindering the optimal realisation of investments. “There are still companies that haven’t submitted LKPM; that’s one of the reasons why investment realisation isn’t maximal yet,” she said. In the future, supervision will be carried out more intensively, especially for large-scale companies, to ensure reporting is done on time as required. Besides supervision, the local government is also striving to increase investment attractiveness through licensing service facilitation. The licensing system is now online-based, making the process faster and more transparent. The North Kalimantan provincial government, according to Rahman, is also committed to providing maximum service to investors, including assistance and provision of required data. “The governor’s directive is that every incoming investment must be served maximally. We assist and provide easy access to data,” she concluded.

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