The Head of the Investment and Integrated One-Stop Service Agency (DPMPTSP) of Bengkulu City, has reported that the investment realization for the second quarter of 2023 has reached IDR 1.4 trillion and been verified by the Indonesian Investment Ministry, out of the central government's year-end target of IDR 2 trillion. This investment realization came from new business entities that submitted their Investment Activity Reports (LKPM) to the Investment Coordinating Board (BKPM). The trade and repair sector is the largest contributor to investments in Bengkulu City, which is quite common as the city relies heavily on the trade sector.
Here is the breakdown of the investment realization: Trade and repair sector for IDR 891 billion; transportation, warehousing, and telecommunications sector for IDR 186 billion; non-metallic mineral industry sector for IDR 140 billion; wood industry sector for IDR 70 billion; construction sector for IDR 37 billion; mining sector for IDR 301 billion; hotel and restaurant sector for IDR 24 billion; other services sector for IDR 17 billion; housing, industrial areas, and office sector for IDR 17 billion; motor vehicle and other transportation equipment industry sector for IDR 4.8 billion; electricity, gas, and water sector for IDR 1.7 billion; food industry sector for IDR 298 million; and fisheries sector for IDR 140 million. Bengkulu City is known for its trade and service industries, primarily due to limited land availability. It is reasonable the our investments to be dominated by the trade sector, and the government are optimistic and hopeful of achieving the investment target.
Source:
https://www.isbcenter.com/capaian-investasi-di-kota-bengkulu-sebesar-rp14-triliun/