LEIF 2025 saw signing of 15 LoIs to invest in Lampung

A total of 15 investors have signed letters of intent (LoIs) to invest in various strategic projects in Lampung Province.

"Lampung Province is ready to become a hub for the downstream industry development of five strategic regional commodities, namely coconut, coffee, pepper, cassava, and shrimp. Therefore, efforts are being made to attract investors to Lampung," said Lampung Governor Rahmat Mirzani Djausal in Bandar Lampung City, Lampung.

He noted that the 2025 Lampung Economic and Investment Forum (LEIF) attracted dozens of foreign investors and achieved significant milestones with the signing of 15 LoIs for various strategic regional projects.

"The event, held in conjunction with the Lampung Investment Forum (FOILA), was a strategic platform to promote regional investment potential and strengthen the downstream industry development of leading commodities, while also promoting Lampung as a new national investment draw," Rahmat said.

He explained that the presence of investors from Japan, Belgium, the Philippines, Malaysia, and China demonstrated growing international confidence in Lampung's economic potential.

"With a gross domestic product (GDP) of Rp 483.8 trillion in 2024, Lampung was ranked fourth highest in Sumatra. This has also opened up significant opportunities for investment in the food, renewable energy, and sustainable tourism sectors," Rahmat added.

He stated that Lampung's economic development is now focused on increasing added value by strengthening regional manufacturing. The downstream industry development policy is a key step to ensure Lampung becomes not just a producer of raw materials, but also a center for high-value production.

"LEIF 2025 also features an exhibition of regional investment projects and one-on-one meetings between potential investors and project owners. This forum provides an interactive space to discuss collaboration opportunities, financing schemes, and investment models in priority sectors," Rahmat elaborated.

The Lampung Provincial Government offered 11 flagship projects with a total investment value of more than Rp 22 trillion at the forum. These projects include, among others, the Bakauheni Port City worth Rp 4.5 trillion, the Way Kanan Industrial Park worth Rp 3.5 trillion, the Port of Sebalang expansion worth Rp 3 trillion, and a floating solar power plant (SPP) worth Rp 2.1 trillion, the Kemiling Agripark Development Plan worth Rp 1.2 trillion, the New City Area worth Rp 1.7 trillion, the Subing Betan Terminal and double-track railway worth a combined Rp 2.4 trillion, the Gunung Tiga geothermal power plant worth Rp 1.8 trillion.

The investors and related parties who signed the investment agreement documents in Lampung Province include Nippon KOEI, PT Kobelco Trading Indonesia, the Embassy of the Kingdom of Belgium to Indonesia for the double-track railway project. Meanwhile, PT Tanyoe Sentosa, PT Bakrie Power, Xurya Daya, and PT Magical Crystal Indo will collaborate for the floating SPP project. Both PT Tanyoe Sentosa and PT Sinohydro Corp will carry out the New City Area project.

There is also PT Mitsui Indonesia for the Subing Betan Terminal project, Norwin Mark Castro from the Philippines for the Bakauheni Port City project, PT Bukit Kiara Lestari for the Port of Sebalang expansion project, and Azwan Omar from Malaysia for the Kemiling Agripark project.