The local government of Belitung Regency, Bangka Belitung Islands Province, has reported an increase in investment value throughout 2023, stimulating economic growth in the region. During the plenary session for the presentation of the Belitung Regency Head's Accountability Report for the 2024 fiscal year, Acting Regent Yuspian stated that although the investment growth in 2023 was not significantly high, it was positive. Domestic investment (PMDN) in 2023 amounted to IDR 985.5 billion, up by 1.74% from the previous year's IDR 968.6 billion. Meanwhile, foreign direct investment (PMA) in 2023 reached USD 3,184 million, increasing by 0.34% from the previous year's USD 3,173 million.

Yuspian emphasized that increased investment could drive business development and job opportunities, ultimately enhancing the region's capacity to produce goods and services, leading to growth in sectors like industry, trade, and tourism. Belitung's investment trend has been consistently rising in recent years, particularly after the COVID-19 pandemic altered the existing economic landscape and caused economic sectors, including tourism, to contract. The enactment of the Bangka Belitung Islands Province Regulation No. 3 of 2020 on Coastal and Small Island Spatial Zoning has also played a role in driving investment, particularly in the tourism sector. Additionally, the Belitung Regent Regulation No. 35 of 2019 on the Procedures for Providing Investment Incentives and Facilities has further facilitated investment in the region. The authorities hope for continued investment growth in Belitung in 2024, contributing positively to the economic growth and development of the local community.

Source: https://www.antaranews.com/berita/4027707/nilai-investasi-di-belitung-naik-sepanjang-2023