Sultra Investment Summit targeted to raise investments to Southeast Sulawesi

Southeast Sulawesi Governor Andi Sumangerukka officially opened the 2025 Sultra Investment Summit organized by the Southeast Sulawesi Investment and One-Stop Integrated Services Office (DPMPTSP) on June 24, 2025. He emphasized the importance of investment as one of the main pillars in driving economic growth and improving the welfare of the local community.

"Our presence here is a form of joint commitment to support increased investment in the Southeast Sulawesi Province," stated Andi during his presentation.

He added that Southeast Sulawesi is known to have extraordinary natural wealth, but it is currently still very dependent on transfer payment of up to 65 percent from the Indonesian government.

"With these fiscal conditions, I will not be able to improve the welfare of the community alone. I need support from all business actors," Andi said.

He added that realized investments to Southeast Sulawesi has reached to Rp4.46 trillion in the first quarter (Q1) of 2025, or 34 percent of the Rp13.28 trillion annual investment target for the province. Therefore, strategic steps are needed so its potential in various sectors such as mining, agriculture, fisheries, tourism, and services could be maximized.

“I am not asking for more, I am only asking for the obligation to be fulfilled. Sometimes, entrepreneurs are committed at the beginning but are not consistent during the running [of their projects]. This is what we must change. Without investment, we will only rely on the regional budget, 35 percent of which is used for employee expenses. It is difficult to drive the micro economy if we do not prepare fiscal strength from now on,” Andi explained.

The governor also invited all Southeast Sulawesi regional offices to support the creation of a welcoming investment climate, and to not complicate the service process for investors. Andi said that the bureaucracy must be a facilitator that provides certainty, not become an obstacle.

“If it can be done quickly, why slow it down? If it can be made easier, why should it be made difficult? We are all responsible for creating a healthy investment climate because the benefits will be felt by the entire community,” he added.

At the same occasion, Andi reminded business actors to submit their Investment Activity Reports (LKPM) for the second quarter (Q2) or first semester (H1) of 2025 through the LKPM Online application by July 10-17, 2025.