Economy of Sulawesi

A growing population and abundant natural resources contribute to the wealth of the island of Sulawesi in Indonesia, while terrain and under-developed infrastructure limits economic growth.

[2] Efforts to improve the island's infrastructure are ongoing,[3] notably the construction of a new port and train line in Makassar in the late 2010s.

[3] Most agriculture on the island is done on a local scale on family-owned plots, though as of the early 2010s more farmers were beginning to grow cash crops in place of the traditional rice.

[2] Mining, quarrying, and other forms of mineral extraction contribute to economic activity in the island; as with other sectors of the economy, these industries are primarily concentrated in Northern and Southern Sulawesi.

[5] In the late 2010s and early 2020s, the international mining industry has taken an increasing interest the Morowali Regency (located in the province of Central Sulawesi) and the region's high-quality nickel reserves - vital for the production of lithium batteries.

[6] As of 2021, the largest foreign investors were American, Brazilian, Chinese, and Japanese companies, while the government of Indonesia is attempting to build a domestic battery industry.

Map of the six provinces constituting the island of Sulawesi. Of the provinces, South Sulawesi (pink) and North Sulawesi (green) are cited as the major economic hubs on the island.