Lampung Misses 2024 Investment Target as BKPM Set Bar Too High
The Head of Lampung Province's Investment and One-Stop Integrated Services Agency (PMPTSP), Intizam, has revealed the reasons behind Lampung's failure to meet its 2024 investment target of 100 per cent. Investment realisation in Lampung in 2024 reached only 74.54 per cent, with Rp9.66 trillion achieved against a target of Rp12.96 trillion.
Speaking on Wednesday, 16 April 2025, Intizam said the main obstacle was that the Investment Coordinating Board (BKPM) had set the target too high.
"The 2024 target was not achieved because BKPM set the target too high," said Intizam.
As a result, Lampung's 2025 investment target has been lowered compared to 2024, now set at Rp10.86 trillion.
"The 2025 target has indeed been reduced by BKPM, adjusting to the current economic conditions of our country. Lampung's current investment target is Rp10.86 trillion," he said.
Intizam noted that Lampung's 2024 investment realisation was dominated by domestic investment (PMDN) amounting to Rp7.21 trillion, whilst foreign investment (PMA) accounted for Rp2.44 trillion.
"The total investment in Lampung in 2024 was Rp9.66 trillion, comprising Rp7.21 trillion in domestic investment and Rp2.44 trillion in foreign investment," said Intizam.
Speaking on Wednesday, 16 April 2025, Intizam said the main obstacle was that the Investment Coordinating Board (BKPM) had set the target too high.
"The 2024 target was not achieved because BKPM set the target too high," said Intizam.
As a result, Lampung's 2025 investment target has been lowered compared to 2024, now set at Rp10.86 trillion.
"The 2025 target has indeed been reduced by BKPM, adjusting to the current economic conditions of our country. Lampung's current investment target is Rp10.86 trillion," he said.
Intizam noted that Lampung's 2024 investment realisation was dominated by domestic investment (PMDN) amounting to Rp7.21 trillion, whilst foreign investment (PMA) accounted for Rp2.44 trillion.
"The total investment in Lampung in 2024 was Rp9.66 trillion, comprising Rp7.21 trillion in domestic investment and Rp2.44 trillion in foreign investment," said Intizam.