Indonesian Political, Business & Finance News

Kolaka's Gamble for Over Rp 200 Trillion in Investment

| | Source: TERAS.ID Translated from Indonesian | Economy
Kolaka's Gamble for Over Rp 200 Trillion in Investment
Image: TERAS.ID

The Kolaka Regency government is positioning the National Strategic Projects (PSN) as a new engine for regional economic growth. Three major nickel processing projects are projected to absorb more than 34,000 workers with a total investment reaching approximately Rp 218.8 trillion. Muh. Sabar Lompi, Head of the Investment and One-Stop Integrated Services Office (DPMPTSP) of Kolaka Regency, stated that the local government is encouraging investment that adheres to the principles of Green Investment or sustainable investment. He said the development of the industrial estate in Kolaka is not only aimed at pursuing economic growth but must also consider environmental, social, and governance (governance) aspects.

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