Bank Sultra provides Rp20.55 billion for KNMP construction

Bank Sultra has allocated Rp20.55 billion in construction working capital credit to support the development of the Kampung Nelayan Merah Putih (KNMP) in Southeast Sulawesi. This financing is directed toward contractors implementing coastal infrastructure projects as part of a national strategic program overseen by the Ministry of Marine Affairs and Fisheries.

Of the total credit, Rp7.6 billion has already been distributed to five projects in North Buton, West Muna, Muna, Central Buton, and Buton. An additional Rp12.95 billion is currently being processed for four more projects covering Baubau, South Buton, Wakatobi, Muna, Konawe, Kolaka, and North Kolaka.

Nationally, the KNMP program has an allocation of approximately Rp4.946 trillion. In Southeast Sulawesi specifically, 19 project packages have been contracted with a total value of Rp203.77 billion. Bank Sultra's President Director, Andri Permana Diputra Abubakar, stated that the funding aims to ensure infrastructure work is completed on time and with high quality to support the economic activities of fishing communities.