Investments to Bulungan exceeds target to reach Rp11 trillion in 2024

Bulungan Regent Syarwani explained that Bulungan Regency has exceeded the Rp11 trillion investment target set by the North Kalimantan Provincial Government for 2024.

"The report from the Head of the PMPTSP Office, Investment realization has reached Rp13 trillion [according to the report from] the Bulungan Regency DPMPTSP (Investment and One-Stop Integrated Services Office)," revealed Syarwani on the sidelines of the signing of the memorandum of understanding (MoU) with tenants at the Bulungan Public Service Office (MPP) on Apr. 21, 2025.

However, he added that the Bulungan Regency Government will adjust the additional investment target for 2025 based on the regency's capabilities. Nevertheless, Syarwani is optimistic that the MPP will provide investors with convenience in the licensing process, which is expected encourage investment growth in the region.

"Just imagine, before the MPP or DPMPTSP Bulungan, investors had to come to offices across the regency to take care of licensing. Now it could be done more efficiently in one place," he explained.

Syarwini divulged there are several investor activities that contribute to investment in the region, including to the Tanah Kuning-Mangkupadi green industrial area or the Indonesia Green Industrial Park (KIHI) in Tanjung Palas Timur District, Bulungan Regency managed by PT Kalimantan Industrial Park Indonesia (KIPI).

"The KIHI is national strategic project (PSN) has contributed Rp2 trillion [towards overall investments to Bulungan Regency]," he said.

In addition to large-scale investors, several small and medium enterprises (SMEs) also contribute to the realization of the region's investment targets.

"For example [of a major domestic investor, there is] PT KIPI. There are also several [KIHI] tenants that come from abroad, such as from China," said Syarwani.