Indonesian Political, Business & Finance News

North Maluku Achieves Third Largest Investment Realisation in Indonesia

| | Source: PDIPERJUANGANBALI.ID Translated from Indonesian | Investment
North Maluku Achieves Third Largest Investment Realisation in Indonesia
Image: PDIPERJUANGANBALI.ID

North Maluku province recorded an investment realisation of Rp 40.2 trillion in the second quarter of 2026, making it the province with the third-largest investment volume in Indonesia, according to Detik Finance.

Nationally, investment realisation in the first half of 2026 reached Rp 1,010.6 trillion, or 49.5 per cent of this year’s target of Rp 2,041.3 trillion. These investments have absorbed more than 1.4 million Indonesian workers.

Sona Maesana, Special Staff to the Minister of Investment and Downstreaming and Head of BKPM for Downstreaming Acceleration and National Entrepreneurship Enhancement, stated that high investment activity should serve as an opportunity for local businesses to grow.

“This figure represents a very large opportunity. However, we must continue to oversee these commitments and agreements to ensure they result in real transactions and realised partnerships,” Sona said in a written statement on Wednesday, 2 September 2026.

Currently, there are 34 large-scale enterprises in North Maluku with a total partnership commitment of approximately Rp 7.89 trillion. Of that amount, around Rp 4.52 trillion has been formalised in partnership agreements, while the recorded realisation reached Rp 3.53 trillion between 2021 and 2026.

Sona explained that the scope for partnership between large enterprises and MSMEs is vast, covering food supply, raw materials, construction materials, logistics, machinery, personal protective equipment, accommodation, and other industrial operational needs.

He emphasised that partnerships must be built on mutually beneficial relationships, rather than mere one-off transactions.

“Large enterprises are encouraged to disclose procurement needs, provide standard certainty, mentor local suppliers, and implement transparent selection processes. MSMEs must improve product quality, production capacity, legality, governance, and business professionalism,” said Sona.

During the National Business Partnership Policy Dissemination event in Ternate, Sona expressed hope that the business matching session, which brought together 160 MSME players, would not stop at contract exchanges but continue with measurable follow-ups, from identifying needs to realising transactions.

Delfinur Rizky Novihamzah, Director of Business Empowerment at the Ministry of Investment and Downstreaming/BKPM, added that commitments alone are insufficient.

“The government is encouraging the alignment of large enterprise needs with local vendors who possess the necessary legality and business readiness. Both central and regional governments will ensure that the partnership process can be realised, monitored, and well-supervised,” explained Delfinur.

Sona asserted that North Maluku should not only serve as a site for downstreaming but must also become a hub for the growth of local suppliers, new entrepreneurs, skilled labour, and stronger MSMEs.

“Successful investment is investment that grows alongside the region where it is implemented,” Sona concluded.

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