PT Freeport Indonesia (PTFI) deposited around Rp7.73 trillion in the central and local government for the company's net profit in 2024.
The regional section was received by the Central Papua Provincial Government, Mimika Regency as a producing area, and other districts in Central Papua Province.
"Companies are always transparent and accountable in carrying out their obligations. Payment of part of the region from net profit is clear evidence of the company's commitment to contributing to regional economic development," said PTFI President Director Tony Wenas in a statement to the media, Monday, April 21.
Tony detailed that the funds of around Rp7.73 trillion were divided into the central government of Rp3.1 trillion and the regional government of Rp4.63 trillion. Meanwhile, funds to the regions were divided for the Central Papua Provincial Government of around Rp1.16 trillion and the Mimika Regency Government around Rp1.92 trillion.
Meanwhile, other districts in Central Papua Province are Nabire, Paniai, Puncak, Puncak Jaya, Dogiyai, Deiyai, and Intan Jaya Regencies with IDR 221.2 billion each, bringing the total to seven other districts in Central Papua Province receiving around IDR 1.55 trillion.
In 2024, overall state revenues in the form of taxes, royalties, dividends, and other levies will reach more than US$4.6 billion or equivalent to Rp79 trillion.
This figure includes contributions to regions reaching more than IDR 11.5 trillion.
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Tony added, PTFI also continues to be committed to providing benefits to the community around the operational area through various social investment programs.
In 2024, the value of PTFI's social investment will reach more than IDR 2 trillion and will continue to increase by around 100 million US dollars or IDR 1.5 trillion per year until 2041.
PTFI's success as a company is when people in the environment around the operational area increase their standard of living and welfare. We believe that no company has succeeded in the community failing. We will continue to grow and develop with the community until mining operations are completed," said Tony.
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