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South Tapanuli Regency and Medan Municipality are the Most Attracted by Investors

South Tapanuli Regency and Medan Municipality are the Most Attracted by Investors


May 10th, 2020

By : Antara

02 June 2020 10:49 PM


Medan Municipality, South Tapanuli Regency, and Deli Serdang Regency were recorded as the areas that were the most interested in foreign direct investment (FDI) and domestic direct investment (DDI) investment in the quarter I of 2020.


"The three regions were equally interested by FDI and DDI investors in the quarter I of 2020," said Tasks Executor of the Head of Investment and Integrated Services Office North Sumatra Province (DPMPTSP), Arief S Trinugroho, quoted from Antara, Sunday, May 10, 2020 .


According to him, the biggest foreign direct investment in the quarter I of 2020 was in South Tapanuli by IDR 4.984 trillion. Then the second largest was in Medan which amounted to IDR 130.320 billion and Deli Serdang by IDR 15.225 billion. The largest domestic investment in Medan was IDR 2,490 trillion and South Tapanuli was IDR 370,328 billion and Deli Serdang IDR 197,440 billion.


He mentioned the biggest contribution of foreign direct investment and domestic direct investment in this three regions or North Sumatra as a whole came from the electricity, gas and water, housing, mining, food, service, metal industry, and plantation sectors.


"Hopefully all regency / city governments in North Sumatra can explore and promote the potentials of their regions so that investors are interested in investing," he said.

Of course, said Arief, investors also need commitment from the respective regional governments regarding the legal certainty of business.

Arief explained the total investment in North Sumatra in quarter I of 2020 reached IDR 9,185 trillion with the largest contribution from FDI by IDR 5,219 trillion. DDI investment by IDR 3,966 trillion.

"There was an increase in the realization of North Sumatra's investment in the quarter I of 2020 compared to the same period in 2019 which amounted to IDR 5.553 trillion," he said.


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