Penajam Paser Utara Exceeds Investment Target by 145 Per Cent Amid New Capital Development
Penajam — Amid growing attention to investment activity following the relocation of the national capital to East Kalimantan, the Penajam Paser Utara (PPU) regency government has recorded achievements beyond expectations. The investment target set by the central government through the Ministry of Investment/BKPM was not only met but exceeded by more than 100 per cent.
"Our target is actually set by the BKPM Ministry for all of Indonesia. They assign investment targets to provinces, and each province then splits those targets among the regencies and cities within it," said Nurlaila, Head of PPU's One-Stop Integrated Services and Investment Agency (DPMPTSP), during a meeting at her office this week.
She explained that the target was not set directly by the regency government but rather resulted from a national distribution channelled from the central to regional level. For 2024, PPU was allocated an investment target of Rp2.5 trillion. However, actual achievement on the ground far surpassed that figure.
"Thank God, by the end of 2024 through to December, our realised achievement reached Rp3.7 trillion. So we reached 145 per cent," she said.
This surge in achievement places PPU in a considerably strategic position, particularly in the context of developing the buffer zone for the Nusantara Capital City (IKN). Nevertheless, DPMPTSP was taken aback by the sharp increase in the target imposed for the following year.
"In 2025, we were given quite a large investment target of Rp4.7 trillion. In 2024, our investment target was still at Rp2.5 trillion," Nurlaila revealed.
She admitted she had not yet received a detailed explanation from the ministry regarding the reasons behind the near-doubling of PPU's investment target compared to the previous year. In the context of a region still largely dominated by primary sector and infrastructure investment, this target increase presents a considerable challenge.
"I also do not know what prompted them to raise PPU's investment target to Rp4.7 trillion, nearly double," she said.
"Our target is actually set by the BKPM Ministry for all of Indonesia. They assign investment targets to provinces, and each province then splits those targets among the regencies and cities within it," said Nurlaila, Head of PPU's One-Stop Integrated Services and Investment Agency (DPMPTSP), during a meeting at her office this week.
She explained that the target was not set directly by the regency government but rather resulted from a national distribution channelled from the central to regional level. For 2024, PPU was allocated an investment target of Rp2.5 trillion. However, actual achievement on the ground far surpassed that figure.
"Thank God, by the end of 2024 through to December, our realised achievement reached Rp3.7 trillion. So we reached 145 per cent," she said.
This surge in achievement places PPU in a considerably strategic position, particularly in the context of developing the buffer zone for the Nusantara Capital City (IKN). Nevertheless, DPMPTSP was taken aback by the sharp increase in the target imposed for the following year.
"In 2025, we were given quite a large investment target of Rp4.7 trillion. In 2024, our investment target was still at Rp2.5 trillion," Nurlaila revealed.
She admitted she had not yet received a detailed explanation from the ministry regarding the reasons behind the near-doubling of PPU's investment target compared to the previous year. In the context of a region still largely dominated by primary sector and infrastructure investment, this target increase presents a considerable challenge.
"I also do not know what prompted them to raise PPU's investment target to Rp4.7 trillion, nearly double," she said.