North Sumatra Investment Book

B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA REMARKS BY HEAD OF BANK INDONESIA REPRESENTATIVE OFFICE OF NORTH SUMATRA PROVINCE Investment is one of the most important channels to support regional and national economic growth. Mature investment could highly impact on new job opportunities and create a multiplier effect for the economy, explicitly supporting economic growth and improving people's welfare by reducing unemployment. In the midst of increasingly real and progressive economic improvements, one of them is driven by the investment sector which contributed 29.03% and also makes investment sector as one of the largest economic drivers of North Sumatra in quarter II of 2023. Supporting infrastructures for the improvement aspect of doing business is also continuously developed by the Central and Regional Government. Recently, North Sumatra has 7 (seven) clear and clean investment projects, which 3 (three) of them are National Strategic Projects. Those 7 (seven) projects are Toba Caldera Resort, Sei Mangkei Special Economic Zone (SEZ), Kuala Tanjung Industrial Estate, Medan Industrial Estate, Commercial Area of Sport Center, Airport City, and last but not least Bus Rapid Transit (BRT) Mebidang development. These projects are the focus of the government that continues to be promoted and developed intensively. At the regional level, we continue to strive and support economic growth through investment. The North Sumatra Invest continues to explore many potentials that exists in the region and puts it into an integrated database through North Sumatra Invest Mapping Project. It aims making easier for investors to choose projects that suit their respective business profiles. Thus, North Sumatra Invest also held North Sumatra Invest Promotion Forum which consists of masterclass for preparing investment project ready to offer and business forum. At the end, as a pick of investment program we held North Sumatra Invest Day as an annual investment flagship program to promote investment projects in North Sumatra and also attract many potential investors. On the other hand, we are striving to make it simpler for investors in terms of online business licensing. All of these efforts, working closely with our endeavor to advance the regional economy for the welfare of North Sumatra citizens. So, let's come and explore North Sumatra closer. We are ready to facilitate you because we are your investment partner to provide better tomorrow. Medan, August 2023 IGP Wira Kusuma Head of Bank Indonesia Representative Office of North Sumatra IGP Wira Kusuma Head of Bank Indonesia Representative Office of North Sumatra North Sumatra Investment Book 3

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