News

Investments to Papua Province reached Rp680.6b in Q1 2025

WINDONESIA April 15, 2025 A fisherman near Hamadi Fish Market in Jayapura City, Papua Province on Mar. 18, 2025. (Cenderawasih Pos/Elfiana)

The Papua Provincial Government stated that Papua Province has continued to show its appeal as a target for investment amid Indonesia's national economic downturn and budget austerity policy. Papua Communication and Informatics (Kominfo) Office Head Jeri Agus Yudianto stated that investments to Papua Province remained stable in the first quarter (Q1) of 2025.

Data from the Papua Energy and Mineral Resources (ESDM) Office and Papua Investment and One-Stop Integrated Services (PTSP) Office collected through the province's online single submission (OSS) application showed that domestic and foreign investments to Papua Province reached more than Rp640 billion and more than Rp40.6 billion, respectively.

"The sectors which are most in demand by investors include fisheries and marine affairs, tourism, as well as forestry and plantations," Jeri informed on Apr. 10, 2025.

"The related offices [Papua Province ESDM Office and PTSP Office] are focused on and are encouraging the development of the tourism sector so that it can open more opportunities for new investment to enter Papua," he said.

The Papua Province Kominfo Office is also encouraging the people of Papua Provinces' nine regencies and one city to jointly maintain security of their respective regions so that investors feel safe and comfortable in investing there.

"Let's create a sense of security and comfort so that people who want to invest in Papua do not hesitate [to do so]," he concluded.

Source: cenderawasihpos.jawapos.com

Related Articles