Bengkulu

Economic landscape

Agriculture is the main engine of Bengkulu's economy, with key crops including coffee, palm oil, and rubber. The province is also well-known for its gold and coal mining sectors, which add to Indonesia's vast natural resources.

In 2023, the province’s economy generated a Gross Regional Domestic Product (GRDP) of Rp 53 trillion. The agriculture, forestry, and fishery sector led the GRDP with a contribution of Rp 13.9 trillion, followed by the wholesale and retail trade sector, including car and motorcycle repairs, which contributed Rp 8.1 trillion, and the government administration sector with Rp 4.5 trillion.

Notably, investment realization contributes to Bengkulu’s economic landscape. For instance, in the second quarter of 2023, the province saw an investment realization of Rp 4.7 trillion, attributed to investments managed by both large and micro, small, and medium-sized enterprises (MSMEs).

Furthermore, South Korean businesses have shown interest in investing in Bengkulu, particularly in shrimp farming and other potential seafood products due to high domestic demand. Apart from that, South Korean investors are also exploring other ventures in tourism, hotels, golf, and cosmetics. Besides South Korea, foreign investments in Bengkulu also mainly originate from Malaysia, Hong Kong, Japan, China, and Singapore.

To further develop economic centers in Bengkulu province, the central government plans to build a Special Economic Zone around the province’s Baai Island, aimed at bolstering industrial and fishery activities. Additionally, the development of Baai Island is meant to improve the connectivity between Bengkulu and other provinces in Sumatra. This initiative is complemented by the existence of the Fatmawati Soekarno Airport, which has been undergoing efforts to expand and renovate its facilities.