North Sumatra Investment Book
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
Nias
Barat
North Sumatra GRDP in Q2 2023
5.19% (yoy)
The biggest contributors by economic
comparison in Sumatra Island
Population (2022)
15.12 million
The 4th most populous province in
Indonesia
Sibolga
Binjai
Tebing
Medan
Tinggi
Langkat
Serdan
Deli Bedagai
Serdang
Karo
B
tubara
Dairi Simalungun Asahan
Pakpak
Bharat Samosir
Humbang
Hasundutan
Labuhan
Batu
Toba
panuli Tapanuli
Utara
Pematang
siantar
Utara Labuhan
Batu
Labuhan
Batu
Tanjungbalai
Selatan
Tapanuli Padang Lawas
Gunungsitoli
Selatan
Nias
Utara
Nias
Padang
sidimpuan
Utara,
Padang
Mandailing awas
Natal
Nias
Selatan
HDI 2022
72.71
Categorized as high
Employment Rate
70.60% (Feb 2023)
Adequate human resources for
supporting new business
NORTH SUMATRA PROFILE
Inflation
2.54% (yoy)
May 2023
0000
Export (June 2023)
USD 900.36 million
Increased 7.53% than previous month
due to global demand shortage
North Sumatra Province
is geographically positioned between 1°-4°
North and 98°-100° East.
GOVERNOR: H. Edy Rahmayadi
VICE GOVERNOR: Musa Rajekshah
CAPITAL CITY: Medan
REGENCIES/ CITIES: 25 Regencies & 8 Cities
Located at the vast and
prosperous area of Sumatra
island, with total area of
182,414.25 km2.
Strategically positioned
along Malacca Strait, it has
been a major trade center in
west Indonesia.
Millennial Province
because almost a half
of North Sumatra
population is under
25 years old
Low Minimum
Wage Rate
At USD177 per month
our wage rate is
cheaper than several
countries in ASEAN.
6 Ports are available
to facilitate new
business in North
Sumatra.
AIRPORT
7 Airports which are
consisting of 2
international airports
& the rest service for
domestic flights.
Source: BPS
BPS, processed
North Sumatra Investment Book 17View entire presentation