In recent years, the economy of North Maluku Province has grown rapidly. According to data from Bank Indonesia, the province's economy grew by 32.09% year-on-year in the second quarter of 2025, making it the fastest-growing province in Indonesia. This growth is not only reflected in large industries but also benefits grassroots communities. In Central Halmahera, micro and small enterprises around industrial parks are thriving, with thousands of workers and large-scale production activities creating new economic opportunities. Many small traders report significant daily revenues.
For example, a food stall owner can achieve daily revenues of up to IDR 10 million, employing 8 staff working in two shifts. Another employee's restaurant also records substantial daily revenues. The General Manager of External Relations at Weda Industrial Park (IWIP) stated that as of the end of 2024, the company had partnered with 323 local suppliers, driving local economic growth in employment, supply chains, and local enterprises, creating a multiplier effect that strengthens the economic cycle in Central Halmahera and surrounding areas.
Additionally, IWIP and Weda Bay Nickel are implementing various social development programs to support community economic independence. For example, in Kulo Jaya Village, a freshwater fish farming project operates 31 ponds, involving 30 local fish farmers. This not only creates jobs but also generates spin-off business opportunities in the food industry. He emphasized that industrial development must go hand in hand with improving community welfare, and the project focuses on cultivating long-term economic capacity and potential for local communities.
In recent years, the economy of North Maluku Province has grown rapidly. According to data from Bank Indonesia, the province's economy grew by 32.09% year-on-year in the second quarter of 2025, making it the fastest-growing province in Indonesia. This growth is not only reflected in large industries but also benefits grassroots communities. In Central Halmahera, micro and small enterprises around industrial parks are thriving, with thousands of workers and large-scale production activities creating new economic opportunities. Many small traders report significant daily revenues.
For example, a food stall owner can achieve daily revenues of up to IDR 10 million, employing 8 staff working in two shifts. Another employee's restaurant also records substantial daily revenues. The General Manager of External Relations at Weda Industrial Park (IWIP) stated that as of the end of 2024, the company had partnered with 323 local suppliers, driving local economic growth in employment, supply chains, and local enterprises, creating a multiplier effect that strengthens the economic cycle in Central Halmahera and surrounding areas.
Additionally, IWIP and Weda Bay Nickel are implementing various social development programs to support community economic independence. For example, in Kulo Jaya Village, a freshwater fish farming project operates 31 ponds, involving 30 local fish farmers. This not only creates jobs but also generates spin-off business opportunities in the food industry. He emphasized that industrial development must go hand in hand with improving community welfare, and the project focuses on cultivating long-term economic capacity and potential for local communities.