BI South Sulawesi Promotes Four Investment Projects with a Total Investment Value of Rp2.216 Trillion During 2023

SULSELSATU.com, MAKASSAR – Bank Indonesia (BI), in active collaboration with the South Sulawesi Provincial Government, is actively driving the acceleration of investment and trade. Various efforts in promoting investment and trade can be observed through the website www.investinsouthsulawesi.com.

Throughout 2022, Bank Indonesia has promoted nine Investment Project Ready to Offer (IPRO) initiatives, generating an investment interest of Rp8.79 trillion from 22 potential investors.

The Head Representative of Bank Indonesia, Causa Iman Karana, conveyed that the economic growth of South Sulawesi should not rely solely on consumer spending or government consumption, but rather must be driven through investments.

"Up until mid-2023, Bank Indonesia has promoted four IPROs, garnering an investment interest of Rp 2,216 trillion from nine potential investors through the Indonesia Investment Forum Dubai and various bilateral meetings," stated Causa.

The investment achievement was conveyed by Cik - a name we used to call him, Head of BI Sulawesi Selatan, during the Dedicated Team Meeting (DTM) of the South Sulawesi Investment Acceleration, Industry, Trade, and Tourism Forum (Pinisi Sultan) at The Rinra Hotel Makassar on Thursday, (8/6/2023).

Not only investments, Cik also mentioned that BI Sulawesi Selatan is also driving export enhancement through facilitating the participation of assisted SMEs and partners in various global trade fairs/expos. BI hopes that the synergy between the Head Representative of BI Sulawesi Selatan and relevant stakeholders in the PINISI SULTAN Forum can continue to be optimized.

Governor of South Sulawesi, Andi Sudirman Sulaiman, represented by the Assistant for Economic Affairs and Development of the South Sulawesi Provincial Secretariat, Ichsan Mustari, conveyed his appreciation for the excellent collaboration between the South Sulawesi Provincial Government and BI Sulawesi Selatan over the past three years in the fields of investment and trade.

The Governor of South Sulawesi also provided four strategic directives. Firstly, South Sulawesi needs to have infrastructure projects that are capable of delivering a multiplier effect to the economy. Secondly, local governments need to support the realization of new sources of economic growth, including through expediting the establishment of Special Economic Zones.

"Thirdly, SMEs, which have been the backbone of the South Sulawesi economy, need to be continually encouraged and developed, enabling them to upscale and engage in export activities. Lastly, local governments need to ensure the availability of a one-stop investment service to support ease of doing business, both in terms of investments and trade partnerships," explained Ichsan.

Source: https://www.sulselsatu.com/2023/06/16/economy/bi-south- sulawesi-promotes-four-ipros-with-investment-value-of-rp2.216-trillion-in- 2023.html