Domestic Investment In Batam Reaches IDR 5.9 Trillion

Head of Batam City DPMPTSP Reza Gaddafi (ANTARA)

BATAM - The Department of Investment and One Stop Integrated Services (DPMPTSP) Batam City, Riau Islands, noted that the realization of investment or Domestic Investment (PMDN) in the local area reached Rp5.9 trillion.

Head of Batam City DPMPTSP Reza Gaddafi in Batam, Saturday, said the achievement was calculated for the third quarter of 2024, namely January-September.

"Currently we are still waiting for data from the ministry for PMDN achievements throughout 2024. The current data is for the third quarter of 2024," said Reza.

By sector, investment is divided, such as the machine, electronics, medical instruments, electrical equipment, precision, optics and clock industries.

In addition, housing, area, industry and offices. Then other services as well as trade and repair.

According to Reza, the sector is a combination of foreign investment (PMA) and PMDN.

"For the industrial sector, machinery and others, IDR 1.9 trillion, the housing sector and the like IDR 1.4 trillion, other service sectors IDR 695 billion, then the trade sector IDR 428 billion," he said.

He conveyed that the DPMPTSP also recorded an expansion of service hours on Saturday, in order to facilitate the needs of people who find it difficult to take care of administration during working hours.

"Starting at this time, services will be open on Saturday, in collaboration with BP Batam to provide half-day services," said Reza.

The move was taken after receiving complaints from many workers who had to sacrifice their working hours for administrative affairs.

"With these steps, the Batam PTSP Service hopes to simplify the licensing process and support investment growth in the city of Batam," he said.