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Gorontalo’s Investments Expected to Reach Rp3,5 Trillion in 2006 February 17, 2006

Posted by ekon in investasi.
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ANTARA News – 2006-02-17 09:45:35

February 16, 2006

Gorontalo (ANTARA News) – Governor of Gorontalo Fadel Muhammad has expected that his province would reach total investments worth Rp3.5 trillion (around US$360 billion) and an economic growth rate at more than 7.3 percent in 2006.

“Initially we predicted to receive total investments worth Rp2.5 trillion consisting of government s investments totaling at Rp1.6 trillion and private investments at Rp900 billion, said Fadel in his remarks during the celebration of the Fifth Anniversary of Gorontalo Province here Thursday.

However, the Province has received a total budget amounting to Rp2.6 trillion for the 2006 year, which is much higher that its earlier estimation, he said.

“With private investments predicted at Rp900, so we expect to get total investments amounting to Rp3.6 trillion in 2006, said Governor Fadel, who is also a businessman.

The new province, which was formerly part of North Sulawesi Province, celebrated this year s anniversary under a theme of We Strengthen Unity in Peaceful Atmosphere .

To highlight the anniversary, the Gorontalo Administration organizes a number of activities such as an international seminar and workshop on maize, the 2006 Scout Camping event being participated in by around 3,000 scouts from all over Indonesia and several neighboring countries, a signing of memorandum of understanding (MOU) with ANTARA News Agency, and the inauguration of ANTARA bureau office.

Gorontalo, located in the northern part of Sulawesi, has targeted to produce maize at least one million tons in 2007. (*)

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