Sulawesi Utara Needs Sustainable Investment to Utilize Natural Resources
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Sulawesi Utara's Vice Governor Victor Mailangkay stated the province needs sustainable investment and markets to utilize its abundant natural resources.
- The province's strategic location as Indonesia's northern gateway to the Asia-Pacific offers advantages for trade, investment, logistics, and exports, particularly in fisheries.
- Mailangkay highlighted the potential in agriculture, plantations, and tourism, emphasizing the need for broader markets, sustainable investment, and strong business partnerships to maximize community benefits.
Sulawesi Utara's Vice Governor J. Victor Mailangkay is urging for sustainable investment and broader markets to harness the province's rich natural resources. He emphasized that the region's abundant natural wealth is a significant draw for trade and investment partnerships with other areas.
Mailangkay highlighted the province's strategic position as Indonesia's northern gateway to the Asia-Pacific. This location, he explained, provides significant advantages for developing trade, investment, logistics, and export sectors. He pointed to the fisheries and marine sector as a prime example, noting that Sulawesi Utara boasts some of the largest potential in eastern Indonesia, with high-quality tuna, skipjack, and other seafood products in demand both domestically and internationally.
Beyond marine resources, the province also possesses substantial potential in its plantation and agricultural sectors, with key commodities like cloves, nutmeg, and various horticultural products showing promising market prospects. The tourism sector is also experiencing rapid growth, attracting international visitors to its well-known destinations. Mailangkay stressed that realizing the full value of these potentials requires expanded market access, consistent investment, and robust business collaborations.
As a concrete step, Mailangkay praised the recent trade and investment mission with East Java Province. He viewed this initiative as a valuable opportunity to connect the potential and needs of both regions, fostering stronger inter-provincial economic ties.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.