Tidore Kepulauan

Tidore Kepulauan –  A gem of investment and cultural diversity

Nestled in the Maluku Islands, Tidore Kepulauan boasts stunning natural landscapes, including lush hills cascading to pristine beaches and the imposing Mount Kie Matubu. Beyond its scenic beauty, the city's cultural diversity, blending indigenous and Indonesian influences, enriches its social fabric. This vibrant mix fosters a welcoming environment for tourists and investors, offering both historical intrigue and promising economic prospects.

In terms of investment climate, Tidore Kepulauan holds immense promise. The local government has implemented measures to facilitate business growth and attract investment across various sectors. Strategic location, abundant natural resources, and supportive policies make it an attractive destination for both local and international investors. Tourism remains a cornerstone of the city’s economy, with investments in infrastructure and hospitality sector continuously improving the visitor experience. Moreover, efforts to promote sustainable tourism ensure the preservation of the city's natural beauty for generations to come.

The economy of Tidore Kepulauan is steadily growing, with Gross Regional Domestic Product (GRDP) reflecting this positive trajectory. Key sectors driving this growth include tourism, agriculture, and fisheries. The city's stunning landscapes and rich cultural heritage draw tourists from far and wide, contributing significantly to its economy. Additionally, fertile lands and favorable climate support thriving agriculture and fisheries industries, providing employment opportunities and bolstering the economy further.

In 2023, the city’s Gross Regional Domestic Product (GRDP), at current prices, stood at 3.51 trillion rupiah, marking an increase of 214.9 billion rupiah compared to 2022, when it was 3.29 trillion rupiah. This growth in GRDP was driven by heightened production and inflation. At constant 2010 market prices, the GRDP rose from 2.12 trillion rupiah in 2022 to 2.18 trillion rupiah in 2023, indicating an economic growth rate of approximately 2.48 percent, surpassing the previous year's pace. Notably, the Administration and Defense; Compulsory Social Security industry maintained its prominent role in 2023, accounting for 37.13 percent of the business sector's contribution, followed by Agriculture, Forestry, and Fishery at 23.25 percent. Wholesale and Retail Trade, Repair of Vehicles and Motorcycles emerged as the third largest contributor, contributing 11.92 percent of the total.