Investments to Central Kalimantan in 2024 exceeds BKPM target by 114.48 percent

Central Kalimantan Province Investment and One-Stop Integrated Services Office (DPMPTSP) Head Sutoyo revealed that realized investments to Central Kalimantan reached Rp21 trillion in 2024, exceeding the Rp18.96 trillion target set by the Investment and Downstream Ministry/Investment Coordinating Board (BKPM) by 114.48 percent.

"Alhamdulillah, Central Kalimantan has been able to exceed the target set by BKPM once again," said Sutoyo when met in his office on Feb. 25, 2025.

Investment realization in Central Kalimantan in the fourth quarter of 2024 reached 4.98 trillion rupiah, consisting of Domestic Investment (PMDN) of 3.48 trillion rupiah (69.88 percent) and Foreign Investment (PMA) of 1.50 trillion rupiah (30.12 percent). Despite a 33.82 percent decline compared to the previous quarter, this achievement still shows positive results with total investment figures throughout 2024 reaching 21.52 trillion rupiah.

In the fourth quarter, the primary sector became the dominant sector with an achievement of 3.85 trillion rupiah. The mining sector is the main favorite for both foreign and domestic investors, followed by the food crops, plantations, livestock, and food industry sector. This trend shows that Central Kalimantan remains an attractive investment destination, despite several global challenges.

When compared to the same period the previous year, investment realization experienced a significant increase, namely 30.54 percent. Sutoyo also added that although there was a prediction of a slowdown in investment due to national political dynamics in 2024, this did not happen in Central Kalimantan. Investors are still optimistic about investing in this province. "We have anticipated the potential for a slowdown due to the political transition, but in reality, Central Kalimantan remains the main choice for investors," said Sutoyo.

In closing, Sutoyo appealed to business actors to always be on time in submitting the Investment Activity Report (LKPM) every quarter through the oss.go.id page. If they experience obstacles in reporting, business actors can consult at the LKPM clinic available at the Provincial and Regency/City PMPTSP Offices.

With this achievement, Central Kalimantan shows increasing potential to become a region that continues to develop in the investment sector.