Investment Realization Of The Marine And Fisheries Sector Reaches IDR 5.15 Trillion Until Semester I-2024

Fisheries (photo: dock. Antara)

JAKARTA - The Ministry of Maritime Affairs and Fisheries (KKP) said that the realization of investment in the KP sector had reached IDR 5.15 trillion by the first semester of 2024. The target given by the government this year reached IDR 9 trillion.

"The achievement in the first semester was Rp5.15 trillion or almost 57.22 percent. So, this semester we have passed 50 percent of what we are targeting," said Director General of Strengthening Competitiveness for Marine Products and Fisheries Budi Sulistyo at a press conference. KKP performance Semester I in Jakarta, Friday, July 26.

Budi said that there are the top three countries that invest in the KP sector, namely Hong Kong, China and Malaysia. In detail, the investment value of Hong Kong is IDR 758.34 billion or 54 percent.

Followed by China at IDR 164.99 billion (12 percent). Then, investment from Malaysia amounted to IDR 148.75 billion or the equivalent of 11 percent.

It is known that the investment sources of the KP sector until the first semester of 2024 were dominated by PMDN and followed by PMA and investment loans. For PMA itself, the value reached IDR 771.7 billion. Then, PMDN amounted to IDR 2.45 trillion and investment loans reached IDR 1.93 trillion.

Furthermore, Budi said that there were three top provinces that were the investment destinations for the KP sector, namely Maluku, DKI Jakarta and East Java.

For Maluku, the investment value reached Rp777 billion, then DKI Jakarta amounted to Rp501.10 billion and East Java which was at Rp415.47 billion.

"This is a temporary recap record that we got from the Ministry of Investment/BKPM," he said.