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Selasa, 03 Juni 2025

Vice Minister of Investment: Tourism is a Key Contributor to Investment Realization

Batam, 3 June 2025-Vice Minister of Investment and Downstream Industry/Vice Chairman of the Indonesia Investment Coordinating Board (BKPM) Todotua Pasaribu emphasized that national investment realization reached IDR465.2 trillion in the first quarter of 2025, with the services sector including tourism, emerging as one of the main contributors, amounting to IDR41 trillion. This statement was made during the inauguration of the Westin Nirup Island Resort and Spa on Nirup Island, Batam, Tuesday (3/6).

"Indonesia's investment realization data for the first quarter of this year shows an achievement of IDR465.2 trillion, or 24.4% of the President's annual target. The 'other services' sector ranks as the fourth-largest contributor, where tourism plays a significant role," stated Todotua.


On the same occasion, he highlighted that the Riau Islands Province demonstrates strong potential as an investment destination, having recorded an investment realization of IDR 148.65 trillion between 2020 and 2024. Batam City accounted for the largest share, contributing 61.99% of the province's total investment, equivalent to IDR92.15 trillion.


"While the technology industry remains dominant, the tourism sector in this region holds tremendous growth opportunities," he added.


Todotua reiterated the government's commitment to supporting tourism sector investments, which aligns with the country's long-term investment policy direction.


"We are confident that the Westin Nirup Island Resort and Spa will bring an integrated tourism concept to Batam and, more broadly, will attract further investment across the Riau Islands and Indonesia as a whole," he concluded.


In addition to the Vice Minister of Investment and Downstream Industry, the inauguration was attended by the Minister of Transmigration Muhammad Iftitah Sulaiman Suryanagara; Mayor of Batam Amsakar Achmad; Consul General of Singapore Gavin Ang; and representatives from Marriott International and PT Tritunas Sinar Benua. The resort is an investment project by PT Tritunas Sinar Benua, a Domestic Investment Company (PMDN) located on Nirup Island, Sekanak Raya Subdistrict, Belakang Padang, Batam City. According to the Investment Activity Report  (LKPM), the company has a total investment plan of IDR240.13 billion, with a realized investment of IDR7.68 billion as of Q1 2025.(*)


For further inquiries, contact:

Protocol and Public Relations Bureau

Ministry of Investment and Downstream Industry/BKPM

Email: humas@bkpm.go.id


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