In a notable development, the investment in the fisheries sector experienced a significant surge last year. Indonesia's Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, revealed that the investment in the country's maritime and fisheries sector skyrocketed by 49.52% to reach IDR 9.56 trillion by the fourth quarter of 2023. Notably, foreign direct investment (FDI) played a substantial role, with China leading the way with the highest realization of IDR 370.74 billion, followed by Malaysia with IDR 240.47 billion and Switzerland with IDR 152 billion, as highlighted by Trenggono during the 'Indonesia Marine and Fisheries Business Forum 2024' on Monday. Breaking down the investment across various sectors within fisheries, Trenggono disclosed that fish processing claimed the top spot with a substantial investment of IDR 3.65 trillion. Following closely were fish cultivation with IDR 2.6 trillion, marketing with IDR 1.95 trillion, fish capture with IDR 1.18 trillion, and fisheries services with IDR 186.51 billion. This diversified investment approach underscores the breadth of opportunities within Indonesia's maritime and fisheries sector.

Emphasizing the immense potential for investment in the fisheries domain, Trenggono urged investors to explore the abundant opportunities within Indonesia's maritime and fisheries sector. The Minister highlighted that Indonesia's maritime and fisheries sector is one that invites thorough exploration, calling upon investors to actively participate and contribute to the sector's growth. The surge in investment in Indonesia's fisheries sector, particularly with significant FDI contributions, not only reflects the sector's economic importance but also presents a promising landscape for investors. Minister Trenggono's invitation to investors signals the government's commitment to fostering partnerships and driving sustainable growth within the country's vibrant maritime and fisheries industry.

Source: https://amp.kontan.co.id/news/investasi-sektor-perikanan-capai-rp-95-triliun