2015: Marine and Fisheries Sector Investment Grew by 38 Percent

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19/10/2016 08:24 WIB

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Realization of Investment in the Marine and Fisheries Sector 2010-2015

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2015: Marine and Fisheries Sector Investment Grew by 38 Percent

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Realization of Investment in the Marine and Fisheries Sector 2010-2015

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Investment in the marine and fisheries sector grew by 37.5 percent in 2015, reaching Rp 4.43 trillion from Rp 3.22 trillion the previous year. Amidst the slowdown of the domestic economy, investment in the marine and fisheries sector actually showed an increase. The period 2011-2015 showed an upward trend in investment value.

The maritime sector is a priority for development during the Jokowi-JK administration, with its "tol laut" (sea toll road) project. Indonesia's archipelagic nature, stretching from Sabang to Merauke, requires an integrated sea transportation network for logistics distribution.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."