Indonesian Political, Business & Finance News

Ministry of Marine Affairs Strengthens Investment Promotion in Fisheries Sector

| Source: GALERT
Jakarta - The Directorate General for Strengthening the Competitiveness of Marine and Fisheries Products (PDS) at the Ministry of Marine Affairs and Fisheries (KKP) continues to strengthen its synergy with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) and regional Marine and Fisheries Agencies to promote investment in the marine and fisheries sector.

"Synergy between Ministries, Institutions and Regional Governments is one of the keys to increasing investment in the marine and fisheries sector," said Director General of PDS, Tornanda Syaifullah, in a statement on Sunday (13/7/2025).

Tornanda explained that the central-regional synergy is focused on mapping business and investment opportunities, preparing promotional materials, facilitating permits, assisting in resolving obstacles, and facilitating partnerships with prospective investors, thereby creating a conducive and sustainable investment ecosystem.

Of the total investment received, domestic investment (PMDN) accounted for Rp1.46 trillion (61%) and foreign investment (PMA) for Rp0.92 trillion (39%).

By business sector, fisheries product processing was the largest investment contributor at Rp1.01 trillion (42.3%), followed by aquaculture at Rp0.55 trillion (23.0%), capture fisheries at Rp0.40 trillion (17.0%), trade at Rp0.36 trillion (15.1%), and fisheries services at Rp0.06 trillion (2.5%).

The provinces with the highest investment realisation during this period were East Java at Rp548 billion (23.1%), followed by Central Java at Rp546 billion (22.9%), and DKI Jakarta at Rp230 billion (9.6%).

By country of origin, South Korea ranked first with Rp370 billion (40.7%), followed by China at Rp170 billion (18.6%), and Malaysia at Rp130 billion (14.1%).

Investment realisation trends over the 2021-2025 period showed positive growth of 66.04% per annum.

As part of efforts to strengthen investment literacy and promotion, the Directorate General of PDS together with BKPM held an online socialisation event on Investment Procedures for the Marine and Fisheries Processing and Marketing Sub-Sector on 3 July 2025. The event was attended by 777 participants comprising business operators (both domestic and foreign), representatives of regional Marine and Fisheries Agencies, regional Investment and One-Stop Integrated Services Agencies, as well as technical units of KKP and BKPM.

"The socialisation aimed to improve stakeholders' understanding of investment procedures, particularly within the framework of Technical Cooperation Guidelines (TCG) between Indonesia and China in the fisheries sector," Tornanda explained.

BKPM data showed that the marine and fisheries sector's contribution to total national investment still needs to be increased given its enormous potential. Foreign investment in the fisheries sector ranked 23rd (0.15%), whilst domestic investment ranked 22nd (0.26%). Meanwhile, investment from China ranked 21st (0.1%), indicating the need for improvement given that the two countries already have a marine and fisheries cooperation framework in place.
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