Minister Trenggono: Maritime and Fisheries Investment Reaches IDR 9.56 Trillion

The Ministry of Maritime Affairs and Fisheries (KKP) recorded that investment realization in the marine and fisheries sector reached IDR 9.56 trillion by the third quarter of 2023. Minister of Maritime Affairs and Fisheries (KKP), Wahyu Sakti Trenggono, revealed that the total investment of IDR 9.56 consists of domestic investment (PMDN) of IDR 5.32 trillion, foreign investment (PMA) of IDR 1.4 trillion and investment credit of IDR 2.84 trillion. trillion. "The largest FDI realization from China reached IDR 370.74 billion, followed by Malaysia IDR 240.47 billion, and Switzerland IDR 152 billion," said Trenggono at the Indonesia Marine and Fisheries Business Forum 2024, Monday (5/2/2024).

Then according to business sector, fish processing is in first place with an investment value of IDR 3.65 trillion, fisheries cultivation IDR 2.6 trillion, marketing IDR 1.95 trillion, fishing IDR 1.18 trillion, and fisheries services IDR 186 billion. Meanwhile, the Ministry of Maritime Affairs and Fisheries, in ensuring sustainable development of the marine and fisheries sector, has implemented five blue economy policy directions including large marine conservation areas, quota-based measurable fishing, sustainable development of coastal and inland marine aquaculture, supervision and control of coasts and small islands, and cleaning up plastic waste in the sea. In order to meet the availability of protein without reducing fish stocks in the sea, KKP is committed to encouraging the aquaculture sector to become a prime mover to provide the need for consumption fish, namely through modeling development in 5 commodities with high commodity value, namely shrimp, seaweed, tilapia, lobster and crab. So far,

KKP has established area-based shrimp cultivation in Kebumen, saline tilapia cultivation in Karawang, seaweed cultivation in Wakatobi, and lobster cultivation in Batam. Trenggono also plans to build a modern shrimp pond in Waingapu, NTT with an investment value of IDR 7.8 trillion. Closing his remarks, Trenggono invited ambassador representatives to invest in Indonesia. He stated that the Indonesian government is committed to providing easy licensing, incentives, security and stability of the political climate, as well as connectivity for skilled human resources as workers. "We hope that this investment opportunity can be utilized as widely as possible by all investors to jointly contribute to realizing an advanced, resilient, sustainable and highly competitive Indonesian marine fisheries industry," he said.