Cooperation possibility between Gorontalo Government and Foreign Investors regarding the leasing of Saronde Island in North Gorontalo: A public discourse on social media

Ismail Tahir () and Siti Nurindah Mointi ()
Additional contact information
Ismail Tahir: Universitas Bina Mandiri Gorontalo & Beihang University
Siti Nurindah Mointi: Universitas Bina Mandiri Gorontalo

Priviet Social Sciences Journal, 2025, vol. 5, issue 5, 25-41

Abstract: Foreign investment has the potential to develop infrastructure and strengthen local economies. However, clear transparency in governance, environmental sustainability, and equitable benefits for such communities are still questioned. Previous research that examines foreign investment in Indonesian tourism has mainly focused on more established destinations, such as Bali and Lombok whilst only a few is identified about how emerging areas like Saronde Island in Gorontalo could design sustainable investment contracts. This study uses a qualitative analysis from the collected data in social media (Facebook, X, and Instagram) to examine the feasibility and challenges of foreign investment in Saronde Island, Gorontalo. The results indicate that, though foreign investment can boost tourism growth, fragile regulatory and environmental protection frameworks may threaten its sustainability in the longer term period. In comparison with other island tourism destinations, policy innovations, transparent governance, and inclusive stakeholder engagement are decisive factors. Furthermore, this study provides a way forward to the literature of mining investment governance for sustainable investment growth in Indonesia. It also points to significant regulatory and institutional developments necessary to balance economic, environmental, and social accountability. Future studies are encouraged to include primary stakeholder perspectives and investigate hybrid investment models that combine local and foreign investments to guarantee sustainable tourism development in Gorontalo.

Keywords: Cooperation possibility; Gorontalo government; foreign investors; Saronde island; tourism (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journal.privietlab.org/download.php?id=9882 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prv:pssjpv:354

Ordering information: This journal article can be ordered from
https://journal.priv ... SSJ/article/view/354

DOI: 10.55942/pssj.v5i5.354

Access Statistics for this article

More articles in Priviet Social Sciences Journal from Privietlab Research Center
Bibliographic data for series maintained by Mochammad Fahlevi ().