Latest News
Some Chinese investors met with South Buton Regent Muhammad Adios at the regent's office in South Buton, Southeast Sulawesi Province on July 25, 2025. They plan to build a smelter for bitumen or asphalt in Sampolawa District, South Buton Regency.
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.
Investment and Downstream Minister/Investment Coordinating Board (BKPM) Head Rosan Roeslani stated that Huayou Indonesia is continuing the integrated electric vehicle (EV) battery supply chain ecosystem investment project abandoned by LG Energy Solution. Rosan said that the subsidiary of Zhejiang Huayou Cobalt Co., Ltd, is also exploring potential investments in the country.
Russian state-owned enterprise (SOE) State Atomic Energy Corporation Rosatom plans to invest in Indonesia's nuclear industry by building a nuclear power plant (NPP) in Southeast Sulawesi Province. Rosatom is the largest company in the world which is engaged as a vendor in the nuclear industry, especially NPPs.
The Industry Ministry is encouraging the optimization of the utilization ashpalt from Buton Island, Southeast Sulawesi Province to support the achievement of national asphalt self-sufficiency. That encouragement was followed up with the Industry Ministry Chemical, Pharmaceutical, and Textile Industry Directorate-General's Cement, Ceramics, and Non-metallic Mining Materials Manufacturing Industry Directorate issuing he 2024 Buton Asphalt Downstream Industry Roadmap.
The Bombana Regency Government of Southeast Sulawesi Province is opening investment opportunities for local and foreign entrepreneurs to build shipyards, as there are many ships that need routine repairs and maintenance in the area.
The Southeast Sulawesi Province Investment and One-Stop Integrated Services Office (DPMPTSP) noted that investment to Southeast Sulawesi dropped to Rp11.05 trillion in 2024.