IDX Targets 20 Thousand New Investors In Papua

Photo: Antara

JAKARTA - The Indonesia Stock Exchange (IDX) Papua is targeting the growth of the number of investors in 2024 as many as 20,000 new investors. To make it happen, the IDX will expand the distribution of information regarding the capital market.

Head of the Papua Representative Office of the Indonesia Stock Exchange (IDX) Kresna A. Payokwa said this year it will add four new IDX Investment Gallerys (GI).

"Four GIs, namely schools and villages in Jayapura, then Merauke and Biak, while for mountainous areas we are still communicating with one of the universities there including public schools there," Kresna said, quoted from Antara, Sunday, March 17.

According to Kresna, after the opening of GI, educational activities related to the capital market became more massive.

"Like the opening of GI in the village, we want the level of grass takar to be able to gain knowledge related to financial literacy," he said.

He explained that the purpose of opening GI was indeed to further increase community literacy in the village regarding the capital market, then his party also wanted community empowerment.

"If there is an advantage in his income, it is not used consumptively but can invest in the future," he said.

He added that the presence of GI has also now seen an impact in which the Papuan people have now started to actively transact as seen throughout the first quarter of 2024, the total transaction value year to date reached IDR 515 billion with a total number of investors reaching 86,827 investors.