Realized investments to North Maluku at 53.39 percent of annual target

Realized investments to North Maluku the current fiscal year has reached Rp 44.67 trillion as of the first half (H1) of 2025, or about 53.39 percent of the target for the province set by the Indonesian government. The data was conveyed directly by Acting North Maluku Investment and One-Stop Integrated Services Office (DPMPTSP) Head Yuni Marlina Soamole when contacted by reporters on Aug. 21, 2025.

"The national target, in this case from the Investment Ministry/BKPM (Investment Coordinating Board), is Rp 83.36 trillion," she explained.

Of the total investment value, the largest contribution came from foreign investment, which Yuni detailed to have reached Rp 40.23 trillion in H1 2025 or about 90.07 percent of the total investment value during the period. Meanwhile, domestic investments only contributed around Rp 4.43 trillion or 9.93 percent.

"Foreign investment is still very dominant, especially in the mining and nickel processing sectors which have long been the main targets for investment to North Maluku," Yuni added.

The investment trend in North Maluku showed significant improvement on an annual basis. Total realized investments to the province reached Rp 75.02 trillion in 2024, or 80.91 percent of the Rp 92.72 trillion target. Of that figure, Rp 65.89 trillion came from foreign investments while domestic investments contributed Rp 9.13 trillion.

According to Yuni, the dominance of foreign investments in North Maluku is not without reason. The province is rich in mineral resources, particularly nickel and other base metals which have become the focus for foreign investors. In addition, foreign investments are also flowing into the development of industrial estates, smelters, and renewable energy projects in regions such as the regencies of East Halmahera, Central Halmahera, and North Halmahera.

"North Maluku is now one of the provinces with the highest investment growth in Indonesia. The mining sector and the downstream nickel industry remain the mainstay, although the regional government will also encourage investment diversification to other sectors," she noted.

The North Maluku Provincial Government also recognizes the need to increase the contribution of domestic investments. Yuni stated that the local administration continues to strive to encourage domestic investors to go beyond supporting roles and become key players in strategic sectors.

"We will open wider opportunities for local and national entrepreneurs to get involved. Not just in the mining sector, but also in other sectors such as fisheries, plantations, tourism, and services," she explained.

The North Maluku Provincial Government promises to facilitate licensing, assistance, and legal certainty for investors through the province's DPMPTSP, thereby ensuring a welcoming business climate. The provincial government is also quite optimistic that North Maluku could achieve its investment target by the end of 2025.

"Given this trend, we are confident that [investment] realization by the end of 2025 will be higher than in 2024," Yuni concluded.