News
Investments to East Kalimantan rose 15.57 percent yoy in Q1 2025
WINDONESIA July 2, 2025
The total realized investment value to in East Kalimantan Province rose by 15.57 percent year-on-year (yoy) from Rp16.73 trillion in the first quarter (Q1) of 2024 to Rp19.82 trillion in Q1 2025. East Kalimantan Investment and One-Stop Integrated Services Office (DPMPTSP) Head Fahmi Prima Laksana stated that the growth reflects a positive trend for the province's investment climate, especially amid the ongoing Nusantara Capital City (IKN) project.
"When compared to the Rp79.86 trillion investment realization target for this year, we have only reached 24.82 percent [of said target]," he revealed on June 26, 2025.
Fahmi added that the provincial government and all stakeholders need to collaborate and work hard to realize the remaining targets in the next three quarters. Domestic investment dominated the realized investment, contributing Rp12.6 trillion from 7,458 projects.
"That confirms the confidence of domestic investors in our economic potential, which continues to grow," he said.
Meanwhile, foreign investments contributed US$450.82 million (about Rp7.21 trillion at Rp16,000 per US$1) from 875 projects. Foreign investors' involvement signaled the attractiveness of East Kalimantan as an investment destination, including its strategic position as the gateway to the IKN.
"Of course, we are optimistic that the positive trend will continue. Moreover, [we] also continue to provide ease of permitting and a welcoming investment climate so investors do not hesitate to invest their capital," concluded Fahmi.