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2 clusters · 2 sources · 22 days · First seen · Last updated
Sulawesi regional economic and infrastructure development
Overview
The Sulawesi region is experiencing growth in financial services and infrastructure development. In South Sulawesi and West Sulawesi, bank assets, deposits, and credit disbursements showed year-on-year growth through mid-2026, with significant credit expansion in the agriculture and fisheries sectors. There was also a substantial increase in the number of Single Investor Identification (SID) holders, driven largely by mutual fund investments.
Broader regional efforts are focusing on long-term economic stability. The South Sulawesi Regional House of Representatives approved a multi-year project valued at approximately Rp5 trillion to fund priority sectors such as roads, irrigation, and MSME development. Meanwhile, North Sulawesi has established a target to reach a 95.11 percent financial inclusion rate by 2030 through digital ecosystems and educational programs. Additionally, energy infrastructure development has progressed, with PLN UIP Sulawesi exceeding land acquisition targets for electricity projects.
Entities
Otoritas Jasa Keuangan (OJK) · Muchlasin · PLN UIP Sulawesi · Mutual funds · Sulawesi Utara Provincial Government
Timeline
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2 days ago
[BUSINESS] 2 sourcesSulawesi regions advance infrastructure and financial inclusion initiativesSulawesi regions are advancing development through Rp5 trillion infrastructure projects in South Sulawesi, a 95.11 percent financial inclusion target in North Sulawesi, and improved energy land acquisition.
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24 days ago
[BUSINESS] 2 sourcesSouth Sulawesi financial sector sees strong growth and investor surgeOJK reports South Sulawesi bank assets up 5.99%, credit growth, and a 79% jump in investors, with mutual funds leading the surge.
Sources
republika.co.id · sulselsatu.com