Investments in the mining sector in Bandar Lampung have yielded profits of IDR 75.627 billion as of the third quarter of 2023. The breakdown reveals earnings of IDR 3.3 billion in the first quarter, IDR 139.5 million in the second quarter, and a significant rise to IDR 72.187 billion in the third quarter. Muhtadi Arsyad Temenggung, the Head of the Investment and Integrated One-Stop Services Agency (DPMPTSP), shared this data, specifying that the information is current up to the third quarter. He mentioned that the fourth-quarter data is pending release from the Investment Coordinating Board (BKPM). The primary mining sector has attracted substantial domestic (PMDN) and foreign (PMA) investments, totaling IDR 75 billion. Additionally, the fisheries sector received a PMDN injection of IDR 100 million. Muhtadi emphasized the vital role of PMDN and PMA in the mining sector for regional development. PMDN contributes to local economic growth, job creation, and the strengthening of the local business sector. On the other hand, PMA plays a crucial role in fostering international collaborations, aiding technology and knowledge transfer, thereby supporting the development of infrastructure and industries in Bandar Lampung.
The disclosed profits underscore the attractiveness of Bandar Lampung's mining sector to both domestic and foreign investors. The infusion of capital not only contributes significantly to the local economy but also aligns with sustainable development goals. As the mining sector continues to thrive, it serves as a catalyst for broader socio-economic advancement, creating a positive impact on job markets and local businesses. Investors are anticipated to keep a close eye on the forthcoming BKPM data release for the final quarter, providing a comprehensive view of the mining sector's performance in Bandar Lampung for the entirety of 2023.
