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Investment and Downstream Deputy Minister/Investment Coordinating Board (BKPM) Deputy Head Todotua Pasaribu conducted a work visit to Palu City, Central Sulawesi Province on Apr. 17, 2025 for a meeting with Central Sulawesi Governor Anwar Hafid that has 'Developing Investment Potential in Central Sulawesi,' as its agenda.
PT Vale Indonesia, a unit of Vale S.A. subsidiary Vale Canada, is targeting the completion of two smelter construction projects in Morowali Regency, Central Sulawesi Province and Pomalaa District, Southeast Sulawesi Province to be completed in 2026.
Central Sulawesi Deputy Governor Reny A. Lamadjido went to a meeting at the Investment and Downstream Industry Ministry/Investment Coordinating Board (BKPM) Office in Jakarta Special Capital Region (DKI) on Mar. 18, 2025. She was welcomed by the Investment and Downstream Industry Minister/BKPM Head Rosan Perkasa Roeslani along with officials from the Finance Ministry.
Financial Services Authority (OJK) Central Sulawesi Province assessed that the condition of Central Sulawesi's financial services sector remained stable as of Dec. 31, 2024. Positive performance, adequate liquidity, and maintained risk profiles encouraged the growth of the local financial industry.
Banggai Islands Regency Investment and One-Stop Integrated Services Office (DPMPTSP) Head Din L. Lamasada, confirmed that the FreeNow Food Co., Ltd company has obtained an official permit to operate in Indonesia. The company has representatives in Jakarta, Pekanbaru City, Riau Province, and Manado City, North Sulawesi Province.
Central Sulawesi Province's economic growth reached 9.08 percent (yoy) in the third quarter (Q3) of 2024. The main sectors driving said growth was exports and the manufacturing industry.
PT PLN (Persero), through its PLN Sulawesi Main Development Unit (UIP) and PT Prima Layanan Nasional (PLN) Enjiniring subsidiary has completed the construction of the 40 megawatt (MW) Luwuk gas turbine power plant (GTPP) in Batui District, Banggai Regency, Central Sulawesi Province. The plant is capable of supplying electricity to more than 30,000 homes and 30 MW of industry in the area.