News - 73 Rp298.6 Trillion Investment in West Java: Bank bjb's Momentum to Increase Profits

73 Rp298.6 Trillion Investment in West Java: Bank bjb's Momentum to Increase Profits

Jan, 26 2026

RMOLJABAR Investment realization reaching IDR 298.6 trillion in West Java throughout 2025 opens up opportunities for bank bjb to increase profits and strengthen its contribution to regional economic growth.

West Java Governor Dedi Mulyadi emphasized that significant profits will enable the regional development bank to distribute dividends of up to IDR 400 billion to the provincial government.

"It's non-negotiable; the profit figure must reach IDR 2.2 trillion if you want to become president director," Dedi stated to Acting President Director of bank bjb, Ayi Subarna, at the Business Review for Semester II 2025 & Executive Workshop for 2026 event at Bale Gede Pakuan, Bandung, on Friday, January 23, 2026.

If some investors obtain funding from bank bjb, Dedi believes the company's performance will be significantly boosted. Furthermore, West Java's infrastructure projects in 2026, valued at over IDR 7 trillion, should also be utilized as a strategic opportunity by bank bjb.

The Governor emphasized that the board of directors and commissioners must possess a sharp business acumen, be able to maintain a neutral stance when assessing credit applications, and resist the influence of external pressure.

"We must hone these instincts so we can identify honest borrowers and those who are not. When banking institutions are neutral and maintain integrity, they will increasingly gain public trust," he added.

He added that companies investing in West Java can also be offered bank bjb customer service, including employee wage payments through the bank's services.

"A Chinese businessman wants to open a factory in West Java. I offered 3,000 skilled workers, and they will have to save at bjb. But bjb must also have a strong IT division, so we can prevent slow electronic transactions and slow ATMs," Dedi emphasized.

Besides the industrial sector, Dedi encouraged bank bjb to be involved in social development, including providing housing for the underprivileged, establishing new schools, providing scholarships for orphans, and mentoring MSMEs.

In the same location, Acting. Bank bjb President Director, Ayi Subarna, noted that as of December 31, 2025, the company's net profit reached IDR 1.09 trillion with assets of IDR 181 trillion.

"Bjb remains committed to supporting West Java's economic growth and regional programs, while adhering to prudent principles," said Ayi.

Ayi also commended the governor for continuing to promote Bank bjb beyond West Java. Currently, Bank bjb's network has expanded to Bali, Padang, Medan, and Aceh.

Meanwhile, the Head of the West Java Financial Services Authority (OJK), Darwisman, added that to achieve its dividend target of IDR 400 billion, Bank bjb needs to achieve a net profit of more than IDR 2.2 trillion by 2026.

"In 2023, Bank bjb's profit reached IDR 1.8 trillion, but it has declined again. This means there is a significant opportunity to achieve the Governor's target," said Darwisman.

He recommended that Bank bjb streamline costs, expand credit penetration, and monitor implementation to prevent fraud. With 12 percent credit growth and Rp1.4 trillion in efficiency, the projected profit could reach Rp2.58 trillion.

[SUMBER]

Investment Realization in Cianjur Third Quarter Reaches IDR 1.3 Trillion

Cianjur (ANTARA) - The Department of Investment and One Stop Integrated Services (DPMPTSP) of Cianjur Regency, West Java, recorded investment realization for the third quarter of August 2024 reaching IDR 1,309,799,410,996 or 71.96 percent of the target of IDR 1,820,061,327,000. Head of DPMPTSP Cianjur Dadan Ginanjar in Cianjur Friday, said that Micro and Small Business Licenses (IUMK) contributed the largest investment in Cianjur from 11 sectors in the Implementation of Risk-Based Business Licensing through the Online Single Submission System (OSS RBA). "IUMK was recorded with a realization of IDR 324,550,630,875 or 17.83 percent, the trade and services sector with a realization of IDR 321,053,985,154 or 17.64 percent," he said. Continuing with foreign investment (PMA), the realization reached IDR 185,521,000,439 or 10.19 percent, while the Investment Activity Report (LKPM) from the 10 largest sectors of trade and services amounted to IDR 15,254,500,000 or 0.84 percent, followed by industrial sector IDR 9,689,700,000 or 0.53 percent. Looking at the investment figures that have been recorded as of August, the party is optimistic that it can achieve the investment target throughout 2024 of IDR 1,820,061,327,000 before the end of the year or even have an excess or surplus. "The high achievement figures throughout 2024 are a result of joint hard work across departments and the trust of investors to invest their capital in various business fields in Cianjur," he said. In fact, to attract as many investors as possible to invest in Cianjur, the Cianjur Regency Government provides various programs and facilities including issuing Regional Regulation Number 13 of 2023 concerning Providing Incentives and Ease of Investment. As well as all levels of the Cianjur Regional Leadership Communication Forum (Forkopimda) guarantee the ease of safe and comfortable investment, so that investors can choose the location they want to go to through the Regional Spatial Plan which will soon have regional regulations issued. "Various investment fields are wide open in Cianjur, especially now that the RTRW has been issued and will soon be legalized, so that investors can choose the appropriate location without hesitation because it has already been mapped," he said. (SOURCE)

Sep, 10 2024

Patimban Port Becomes a Magnet for Hong Kong Investors Targeting Subang

Investors from Hong Kong, one of the world’s major global financial hubs, have begun turning their attention to a strategic location in West Java: Subang. During the business forum “Indonesia Infrastructure Transformation - Unlocking Cross Border Investment Opportunities” held on Wednesday, PT Suryacipta Swadaya presented the reasons why Subang has become a strategic answer to the evolving dynamics of the global supply chain. Capital flows from Hong Kong to Indonesia represent the second largest source of Foreign Direct Investment (FDI) for Indonesia, reaching a value of USD 35.5 billion. Investors are increasingly seeking industrial ecosystems that are ready to operate quickly and efficiently. This trend has been captured by Suryacipta through the development of the Subang Smartpolitan industrial area. Suryacipta’s Chief Commercial Officer, Abednego Purnomo, emphasized that Indonesia’s industrial transformation has entered a new phase where speed has become a key currency in investment decisions. Modern industrial estates no longer simply provide land but also offer full integration between logistics, digital infrastructure, and energy transition. With strong regulatory synergy and well-prepared infrastructure, the time required to realize investments can now be significantly shortened. One of Subang’s strongest attractions is its proximity to Patimban Port, which is projected to become one of the largest automotive ports in Indonesia. The port is expected to serve as a key catalyst for the metal and automotive industries, two sectors that dominate investment interest from Hong Kong. This development aligns with Indonesia’s national ambition to reduce logistics costs from 23 percent of GDP to only 8 percent by 2045. In this context, Subang Smartpolitan is positioned as the heart of connectivity, linking manufacturing activities directly to international trade gateways. For multinational companies based in Hong Kong, Environmental, Social, and Governance (ESG) standards are essential. Subang Smartpolitan addresses this demand through the concept of a “Green, Smart, and Sustainable City.” Selecting industrial partners with strong supply chain networks is also a crucial factor in optimizing long-term operational efficiency. Through the implementation of Internet of Things (IoT) technologies, businesses in the area can monitor sustainability commitments and track net-zero emission targets more effectively. Hong Kong also acts as a Super-Connector for mainland Chinese companies seeking to diversify their production bases to Southeast Asia. Amid intense competition with neighboring countries for foreign investment, Indonesia—through Subang—offers a compelling combination of operational certainty, logistics proximity, and future-ready infrastructure. With major companies such as BYD establishing operations in Subang, the relocation trend is expected to accelerate further, positioning the Subang industrial corridor as a new symbol of Indonesia’s industrial strength on the global stage. [Source]

Mar, 11 2026

Danantara and INA Sign Investment Agreement in Prajogo’s Listed Company Project

JAKARTA, investor.id – Danantara Indonesia, Indonesia Investment Authority (INA), and Chandra Asri Group (TPIA)—the listed company of Prajogo Pangestu—have officially signed a Conditional Share Subscription Agreement (CSSA) to strengthen domestic production capacity of Caustic Soda and Ethylene Dichloride (EDC) and enhance national supply resilience. This agreement follows the Memorandum of Understanding (MoU) previously signed by Danantara Indonesia, INA, and PT Chandra Asri Pacific Tbk (Chandra Asri Group), under which Danantara Indonesia and INA act as strategic investors in the project. The agreement marks the capital commitment phase supporting the construction of the Chlor Alkali – Ethylene Dichloride (CA-EDC) plant in Cilegon, Banten, developed and operated by Chandra Asri Group. The project aims to reduce dependence on imports of critical raw materials used across various industries, while advancing the downstream industrialization agenda as part of Indonesia’s long-term economic transformation. The establishment of domestic Caustic Soda production capacity is expected to significantly strengthen import substitution and improve domestic supply resilience. Meanwhile, EDC production will not only support domestic industrial needs but also has the potential to increase exports and contribute to foreign exchange earnings, alongside strengthening the competitiveness of Indonesia’s national chemical industry. The CA-EDC plant development is valued at US$800 million and forms part of the National Strategic Projects (PSN), focusing on the production of essential raw materials for both upstream and downstream industries. Caustic Soda is used as a key raw material in the production of soap and detergents, alumina refining, and paper manufacturing processes. EDC, on the other hand, is a primary raw material supporting the construction and packaging industries. Under the agreed investment structure, Danantara Indonesia and INA will jointly invest a total of US$200 million. The funding will be allocated to develop the strategic CA-EDC industrial facility managed by PT Chandra Asri Alkali (CAA), a subsidiary of Chandra Asri Group, which is scheduled to commence operations in 2027. Pandu Sjahrir, Chief Investment Officer of Danantara Indonesia, stated that the agreement reaffirms Danantara Indonesia’s commitment to strengthening high value-added strategic national industries, creating jobs, and accelerating Indonesia’s economic growth. This collaboration is not only a response to import dependency challenges but also a concrete step toward accelerating downstream industrialization, a key driver of Indonesia’s economic development. [Source]

Mar, 03 2026

Bekasi Regency Investment Realization in 2024 Reaches IDR 71.8 Trillion, Highest in West Java

PORTALJABAR, BEKASI REGENCY - Bekasi Regency has again recorded the highest investment realization in West Java with a value reaching IDR 71.8 trillion throughout 2024. This figure contributed around 28.6 percent of the total investment in West Java and exceeded the target set by the West Java Provincial Government of IDR 64 trillion. Acting Regent of Bekasi, Dedy Supriyadi, said that this achievement shows investor confidence in Bekasi Regency as a profitable and lucrative investment location. "We are still the highest, still above the Karawang Regency figure," he said at the Cikarang Pusat Regency Government Complex, Friday (7/2/2025). In an effort to maintain the investment climate, the Bekasi Regency Government has ratified the Regional Regulation on the Provision of Investment Incentives and Facilities at the end of 2024. This regulation aims to provide legal certainty and convenience for investors in investing their capital. Acting Head of the Bekasi Regency Investment and One-Stop Integrated Service Agency (DPMPTSP), Juanda Rahmat, estimated that of the total investment in 2024, Foreign Investment (PMA) would reach IDR 50.62 trillion or 70.47 percent, while Domestic Investment (PMDN) would amount to IDR 21.21 trillion or 29.53 percent. The business sectors with the largest investments include Other Services (Rp15.57 trillion), Metal, Machinery and Electronics Industry (Rp9.9 trillion), Motor Vehicle and Transportation Equipment Industry (Rp7.79 trillion), and Transportation, Warehouse, and Telecommunications (Rp6 trillion). In terms of the country of origin of investment, Singapore was the largest contributor at IDR 13.34 trillion, followed by Japan (IDR 12.46 trillion), the Netherlands (IDR 4.63 trillion), and South Korea (IDR 4.34 trillion). In addition, Bekasi Regency is also the area with the highest labor absorption in West Java, reaching 63,148 workers. In detail, PMDN absorbed 35,137 workers (55.64 percent) and PMA absorbed 28,011 workers (44.36 percent). The five business sectors with the largest labor absorption are the Motor Vehicle and Transportation Equipment Industry (9,000 workers), Metal, Machinery and Electronics Industry (8,000 workers), Trade and Repair (6,000 workers), Non-Metallic Mineral Industry (6,000 workers), and Other Services (6,000 workers). Juanda added that the investment trend in Bekasi Regency continues to show an increase from year to year. "In 2021, investment realization was recorded at IDR 43.2 trillion, increasing to IDR 47 trillion in 2022, then IDR 61.2 trillion in 2023, and reaching IDR 71.8 trillion in 2024," he concluded. (Diskominfosantik Kab. Bekasi/Fauziah) (SOURCE)

Mar, 17 2025

Regarding the 2024 UMP, West Java APINDO says PP 51/2023 will encourage investment in West Java

Warta Ekonomi, Bandung - Acting (Pj) Governor of West Java, Bey Machmudin, has stipulated Governor Decree No. 561/Kep/768-Kesra/2023 concerning the Minimum Wage for West Java Province in 2024. Responding to the issuance of the Governor's Decree, APINDO West Java appreciated the Acting Governor of West Java for adhering to legal certainty, namely PP No. 51 of 2023 concerning Wages in determining the amount of the West Java Provincial Minimum Wage (UMP) for 2024. With regard to workers' wishes regarding demonstrations or work strikes, West Java APINDO considers this to be workers' rights and is guaranteed by Law no. 13 of 2003 concerning Employment. "However, it would be better to prioritize social dialogue and deliberation to reach a consensus, both bipartitely between employers and workers and tripartitely between employers, government and workers, so that there is no longer a need to lose productivity due to work strikes or demonstrations," explained Chairman of West Java APINDO, Ning Wahyu Astutik, to journalists in Bandung, Tuesday (21/11/2023) evening. Ning revealed that it is known that currently West Java is intensively carrying out promotions to attract investment, such as in the REBANA area. "Of course we hope that the investment climate will remain well maintained," he stressed. When asked about Labor's statement that before 2015 wage increases could reach 2 digits, he said that the types of investment then and now are different. In the past, there were still many labor-intensive investments that could absorb a lot of labor. Meanwhile, investment is now increasing in value, but it is dominated by capital-intensive ones and prioritization of automation, so that workers who lose jobs in labor-intensive ones and do not have adequate qualifications in capital-intensive ones will find it difficult to get work. Ning reiterated that currently, West Java still needs labor-intensive investment. And with West Java dominated by capital-intensive investment, many factories have closed and many factories have relocated to other provinces. "So PP No. 51 of 2023 is the best for now. So with this legal certainty it is hoped that it can trigger an increase in investment in West Java, especially labor-intensive investment, because we know that of the total national unemployment, West Java contributes 25%, " he explained. After the West Java Governor's Decree regarding the determination of the 2024 UMP, there will then be a discussion about the Regency/City Minimum Wage (UMK). APINDO West Java really hopes that the discussion on UMK can run smoothly and in accordance with applicable regulations, namely PP No. 51 of 2023, and remembering that this is a political year. "I also hope that all parties do not politicize this wage determination process,". (SOURCE)

Nov, 27 2023

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