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Gorontalo Province Investment and One-Stop Integrated Services Office (DPMPTSP) Head Sultan Kalupe stated that the most important factor in the economy is not consumption, but the multiplier effect resulting from investment activities. Therefore, Gorontalo's economic strategies and policies will be directed at increasing investment as an effort to drive long-term economic growth.
Realized investments to Gorontalo Province in the first quarter (Q1) of 2025 recorded encouraging performance in terms of both realized capital, employment, and contribution of local investors. Investment and One-Stop Integrated Service Office (DPMPTSP) Gorontalo Head Sultan Kalupe stated that realized investments to Gorontalo soared 78.11 percent year-on-year (yoy) to Rp1.28 trillion in Q1 2025.
During a meeting between the Gorontalo Provincial Government with PT Sorbu Agro Energi and PT Pertamina subsidiary PT Pertamina Gas Nasional (PGN) at the Gorontalo Agriculture Office's building, Gorontalo Governor Gusnar Ismail welcomed their investment plan to develop sorghum cultivation and biomass-based energy in Gorontalo Province.
Transportation Ministry Air Transportation Directorate General gave its support to he Gorontalo Provincial Government proposal for Djalaluddin Gorontalo Airport to be designated as a hajj embarkation by the Religious Affairs Ministry to improve services and comfort for hajj pilgrims from Gorontalo Province and its surrounding regions.
Indonesia Quarantine Agency Gorontalo (Gorontalo Quarantine) supports PT Trans Continent Hub Gorontalo's major investment plan in the field of cattle fattening and the construction of a Bonded Logistics Center (PLB) in Gorontalo Province.
Bank Indonesia (BI) is optimistic that the Gorontalo Province will experience positive economic growth in the first quarter (Q1) of 2025. The agricultural, construction, household consumption, and investment sectors as well as realized government spending are the mainstays of the province's economic growth.
The Gorontalo Province was recorded growing 4.13 percent in 2024. The sectors that contributed the most to this growth was wholesale and retail trade. Although it experienced a decline in growth rate compared to the previous year, Gorontalo's macroeconomic performance in 2024 still showed several positive achievements.