The South Sulawesi Provincial Government reported a significant increase in investment performance for Q1 2025, reaching IDR 3.93 trillion, a 56.84% growth compared to the same period last year. Domestic Investment (PMDN) remains the dominant contributor, with IDR 2.42 trillion, followed by Foreign Investment (PMA) at IDR 1.51 trillion. The surge in investment is primarily driven by the mining sector, which accounted for IDR 919 billion, approximately 25% of the total investment. Other notable sectors include the food industry (IDR 701 billion or 18%), trade and repairs (IDR 534 billion or 14%), and transportation, warehousing, and communications (IDR 438 billion or 11%).
The provincial government has set an investment target of IDR 16.6 trillion for 2025, with the current achievement at 23.67%. The provincial investment is expected to continue growing, with Makassar leading in investment realization at IDR 1.4 trillion, followed by East Luwu Regency (IDR 585 billion) and Gowa Regency (IDR 816 billion). Notably, the top five foreign investors in South Sulawesi are Canada (IDR 435 billion), Australia (IDR 329 billion), China (IDR 300 billion), Malaysia (IDR 470 billion), and Hong Kong (IDR 108 billion).
Tuesday, 13 May 2025 13:15
South Sulawesi Investment in Q1/2025 Reaches IDR 3.93 Trillion, Dominated by the Mining Sector
