Gorontalo's economy rose 6.07 percent yoy in Q1 2025

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.

The economic and investment performance of the Gorontalo Provincial Government in the first quarter (Q1) of 2025 showed encouraging achievements. During that period, the Gorontalo economy grew by 6.07 percent year-on-year (yoy), higher than the national economic growth of 4.97 percent. This growth was mainly driven by the manufacturing, construction, and agricultural sectors.

Furthermore, the investment realization value in Gorontalo Province reached Rp1.29 trillion in Q1 2025, or 25.58 percent of the Rp5.03 trillion annual target. This achievement also had a positive impact on job creation, which reached 2,368 new jobs. The basic metal manufacturing, non-machine metal goods, and its equipment contributed the most to said achievements.

"Currently, we have several large companies that have big investment plans for carrying out their business activities in Gorontalo Province. We will continue to encourage these companies to be able to realize their investment plans so Gorontalo's economic growth target could be achieved," said Sultan.

In addition, the regional government continues to strive to maintain certainty and clarity of regulations so that business actors, both from within and outside the country, can carry out their investments in a more measured and optimal manner.

"The government will continue to be committed to deregulation to improve the investment climate and ultimately increase economic growth in Gorontalo," concluded Sultan.