Investment in South Sumatra throughout 2024 was recorded at IDR 70.92 trillion. The investment came from domestic investment (PMDN) and foreign investment (PMA). From the available data, it is known that the largest foreign investor in South Sumatra is Singapore with a total of IDR 26.9 trillion. The Young Investment Manager, Middle Expert of the South Sumatra DPMPTSP Eko Agusrianto said that the investment realization achievement in South Sumatra in 2024 exceeded the target of 170.89% or IDR 41.5 trillion from the South Sumatra regional medium-term development plan (RPJMD). The realization also exceeded the target of 109.41% or IDR 64.82 trillion from the Investment Coordinating Board (BKPM). The data was submitted by the South Sumatra One-Stop Integrated Investment Service Office (DPMPTSP).
From the realization figure of IDR 70.92 trillion, the portion of PMDN was higher than PMA. It was detailed that the value of PMDN reached IDR 36.67 trillion or 51.71%. That figure increased by 42.37% year on year (yoy). While PMA reached IDR 34.52 trillion or 48.29%. That figure experienced a growth of 56.53% yoy," he said. Eko said that there were 5 sub-sectors with the highest PMA and PMDN realization in 2024. The paper and printing industry sector was the largest investment in South Sumatra, reaching IDR 25.02 trillion. The next contribution from the mining sector is IDR 9.64 trillion, electricity, gas and water IDR 8.22 trillion, the food industry IDR 5.81 trillion, and finally food crops, plantations, and livestock IDR 5.52 trillion. South Sumatra Province in the fourth quarter entered the top 5 nationally for national PMA realization. Eko said that the highest PMA investment came from Singapore which reached IDR 26.98 trillion, China IDR 4.12 trillion, Malaysia IDR 1.28 trillion. The number of workers absorbed from the investment value was recorded at 47,792 people.
