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Downstream marine product company Oceva Indonesia Nusantara is targeting investment in South Sulawesi Province within the next six months.
The South Sulawesi Provincial Government reported that investments to South Sulawesi soared by 56.84 percent year-on-year (yoy) Rp3.93 trillion in the first quarter (Q1) of 2025. Domestic investments dominated, reaching Rp2.42 trillion, while foreign investments reached Rp1.51 trillion.
Honda Makassar Culinary Night (MCN) 2025 was successfully held on Apr. 25-27, 2025 at the Mandala Monument in Makassar City, South Sulawesi Province, attracting more than 15,000 visitors per day. With "Taste of Home - 10 Years, 10 Stories" as its theme, MCN 2025 invited visitors to commemorate the event's 10th anniversary.
South Sulawesi Governor Andi Sudirman Sulaiman launched the South Sulawesi Investment Challenge (SSIC) 2025 event, on Apr. 22, 2025, while also announcing the formation of a special team for investment promotion. Those actions are part of South Sulawesi's efforts to encourage the creation of local conglomerates that could drive regional economic growth.
House of Representatives Commission XII member Andi "ARW" Ridwan Wittiri stated during a work visit to Makassar City, South Sulawesi Province that he will encourage Petroliam Nasional Berhad (PETRONAS), Shell plc, and PT Vivo Energy Indonesia (VIVO), a subsidiary of Vitol Holding II S.A. unit Vitol Netherlands Coöperatief U.A. (Vitol Group), to invest in the oil fuel industry of Sulawesi Island.
Bantaeng Regent Uji Nurdin conveyed after holding a meeting with investors from PT UPC Renewables Indonesia at the JHL Solitaire Building in the Gading Serpong area of Tangerang Regency, Banten Province on Mar. 16, 2025 that Bantaeng Regency, South Sulawesi, will soon have a solar power plant (SPP) with an investment value reaching tens of trillions of rupiah.
Citaglobal Berhad subsidiary PT Citaglobal Environment is exploring investment in the construction of a green energy power plant in South Sulawesi Province. The power plant is planned to utilize local raw materials such as waste, rice husks, coconut shells, and palm dregs. Citaglobal Environment also opens up opportunities for collaboration with all stakeholders, including region-owned enterprises.