News - Apple reportedly proposed an investment of IDR 158 billion in Bandung

Apple reportedly proposed an investment of IDR 158 billion in Bandung

Nov, 12 2024

Jakarta (ANTARA) - Apple Inc. reportedly proposing an investment of nearly IDR 158 billion to produce more products in Indonesia, as a step to lift the ban on sales of the latest iPhones in the country.

As quoted from the South China Morning Post, Tuesday (5/11), this plan involves establishing a factory in Bandung, West Java, in collaboration with a list of suppliers, according to a source who did not want to be named because he was not authorized to provide a public statement.

The facility is planned to produce accessories and components for Apple devices.

Apple has submitted its proposal to the Ministry of Industry, which last month blocked sales permits for the iPhone 16 on the grounds that the US company's local unit had not met the Domestic Component Level (TKDN) requirement of 40 percent for cellphones and tablets.

The ministry is currently considering the proposal, which is not yet final and subject to change, and is expected to provide a decision soon, the source said.

Neither Apple nor the Ministry of Industry responded to requests for comment.

It is known that the Ministry of Industry will deactivate the International Mobile Equipment Identity (IMEI) serial number for iPhone 16 products that are proven to be sold domestically.

This is because the latest series made by the giant company Apple has not been able to enter the domestic market, considering that there are investment commitments that have not been completed, so they have not yet obtained a Domestic Component Level (TKDN) certificate as an absolute requirement for selling in Indonesia.

To get this certificate, Apple must invest in three schemes, namely the creation of a manufacturing factory, innovation, or through an application creation scheme.

(SOURCE)

The Role of Investment is Considered Important for the West Java Economy, DPMPTSP Initiates Integrated Public Services

TRIBUNJABAR.ID, BANDUNG - The West Java Provincial Government is working to encourage inclusive investment and provide ease of doing business for the community. Acting Governor of West Java Bey Machmudin also appreciated the efforts made by the West Java Investment and One-Stop Integrated Service (DPMPTSP) Office. Earlier in the week, Bey said he had witnessed the service directly to the applicants. He also appreciated the services provided by the West Java DPMPTSP. West Java has received the first rank in public services from BKPM, for investment services West Java is already a champion compared to other provinces. This shows that the service in West Java is very good," he said at Gedung Sate, Wednesday (12/6/2024). Bey also asked that in providing excellent service, the quality of service continues to be improved with licensing services that are closer to the community. Responding to this, the Head of West Java DPMPTSP, Nining Yuliastiani, ensured that his party initiated the formation of a provincial integrated public service (P2TP). In addition, to all levels of DPMPTSP leaders and employees, his party is committed to encouraging the acceleration of realization for investments that will enter West Java. "As well as being a communication bridge for the acceleration of investment from the regions to the central government. We ensure that we are committed to continue to encourage the acceleration of investment realization in West Java and provide licensing services to all business actors," said Nining, Wednesday (12/6/2024). She realizes that this investment can create a huge multiplier effect that can improve the welfare of the community in the future and of course requires a very high commitment from the leadership and support from related stakeholders. According to him, P2TP integrates services for making intellectual property rights (HAKI) - Ministry of Law and Human Rights of the Republic of Indonesia, Indonesian Standard/SNI certificate services from the National Standardization Agency, halal certificates from the Halal Product Guarantee Agency of the Ministry of Religion, and Food and Drug Supervisory Agency services, all of which can be served at the West Java DPMPTSP Office. "In order to bring these services closer to umk business actors, there are direct services (on the spot) to the community through the Sakiceup Boss program and the SAMPERIN UMK car. With P2TP and the Sakiceup Boss program, it can provide many services in one place so that people can more easily access business services," said Nining. Meanwhile, West Java Secretary Herman Suryatman also said that the West Java DPMPTSP has a very vital role in encouraging a decrease in unemployment. This is through the creation of jobs sourced from investment and improving the welfare of the people of West Java. (SOURCE)

Jun, 13 2024

Garut noted that investment realization in 2023 will reach IDR 1.35 trillion

Garut (ANTARA) - The Garut Regency Government, West Java, recorded that the investment realization value in the region during 2023 reached IDR 1.35 trillion, exceeding the target figure of IDR 1.2 trillion from growth in domestic investment activity and foreign capital in the industrial and other sectors. "The investment realization target in 2023 is IDR 1,260,000,000,000, the investment realization in 2023 is IDR 1,356,704,352,791, the realization value is 107.67 percent," said the Head of the Garut Regency Investment and Integrated Services Service (DPMPT), Wahyudijaya in Garut, Monday. He said that investment achievements continued to increase every year, the investment target in 2022 was IDR 1.2 trillion, then in 2023 the target was still the same and the results turned out to exceed the target achievement. The total number of projects based on the Investment Activity Report (LKPM) in Garut, said Wahyudijaya, is 1,025 projects consisting of 97 foreign investment projects and 928 domestic investment projects. He said that of the total 1,025 investment projects, only half delivered value Investment realization was 510 projects, the remaining 515 projects had not yet submitted investment realization value. "The remaining 515 projects have not submitted their investment realization value in the year 2023," he said. He said that as many as 97 projects from foreign investment had an investment value of IDR 354,752,752,791 consisting of 12 countries, namely Singapore, Japan, the Netherlands, Hong Kong, Western Samoa, South Korea, Taiwan, France, China, Samoa, America, Qatar and the UK. The largest domestic investment is PT Jakarta Intiland with an investment value of IDR 68,230,900,000, namely building a hotel, parking facilities and shopping center in Garut City. "The largest number of projects came from Singapore with 18 projects, and the largest investment value came from Western Samoa," he said. He added that the investment achievement for 2024 is targeting IDR 1.5 trillion, a figure which is considered realistic given the start of economic growth and the interest of investors who are interested in investing in Garut. "We are optimistic about achieving this figure because last year (2023) we succeeded in exceeding the target by 7 percent," he said. (SOURCE)

Feb, 27 2024

OJK Cirebon Encourages Students to Love Saving and Investment

Growing awareness of saving and investing, the Cirebon Financial Services Authority (OJK) held an education for students and students in Ciayumajakuning at the peak of Indonesia Saving Day 2024. The activity was held at the Cirebon Representative Office of Bank Indonesia (KPw BI), Monday, August 12, 2024. This activity was attended by the Head of Bank Indonesia Cirebon Representative Anton Pitono, Head of the Indonesia Stock Exchange West Java Representative Office Achmad Dirgantara and Mandiri Sekuritas Cirebon Representative. The participants were more than 200 students who are members of the Management and Members of the Indonesia Stock Exchange Investment Gallery (GI BEI), the Indonesia Stock Exchange Sharia Investment Gallery (GIS BEI), Generasi Baru Indonesia (GenBI), and the Indonesia Stock Exchange Education Investment Gallery (GIE BEI) in Ciayumajakuning. Head of OJK Cirebon, Agus Muntholib said that the peak of Indonesia Saving Day (HIM) Year 2024 was held in conjunction with the National QRIS Week. The theme taken was Ngobrol Investasi yang Cuan, Aman, dan Damai (ROTI CANAI). Through this activity, OJK Cirebon together with all stakeholders continue to encourage increased financial literacy and inclusion, especially in the field of Capital Markets to groups of students and students to foster awareness of saving and investing for the future. "OJK Cirebon continues to educate to improve financial literacy or understanding of the younger generation of the benefits and risks of financial products and services." "So that they become capable consumers, feel the benefits of using financial products and services, and can use financial products and services to create added value," he said. From January to mid-August 2024, OJK Cirebon has conducted 57 financial education activities in Ciayumajakuning with a total of 20,114 participants. Financial inclusion in the form of opening Student Savings (SimPel) accounts for the Semester 2 period in 2024 amounted to 1,329,286 accounts with a nominal value of Rp294.54 billion. Currently, the younger generation is faced with financial digitalization that moves exponentially with very open information flows. For this reason, OJK will continue to educate the younger generation so that they are not easily trapped in schemes and various modes of illegal investment and online gambling. "We are committed to continuing to eradicate illegal entities such as illegal online loans, online gambling, illegal investments, and other illegal entities through synergy and collaboration with members of the PASTI Task Force and the Online Gambling Eradication Task Force," he explained. Meanwhile, Head of Bank Indonesia Cirebon Representative, Anton Pitono on the occasion said that synergy and collaboration like this is expected to increase financial literacy and inclusion in improving people's welfare and supporting regional economic growth. "Bank Indonesia always supports inclusive finance, economy and digital finance, one of which is through the innovation of the QRIS digital payment system," he said. SOURCE

Aug, 14 2024

Dedi Taufik Prepares Strategy to Maintain Investment Climate in West Java

The West Java Provincial Government through the Investment and One-Stop Integrated Service Office (DPMPTSP) has important notes so that the investment climate can remain healthy. Head of DPMPTSP West Java, Dedi Taufik said, since being inaugurated at the end of March, he has conducted analysis and mapping of investment potential. The leading sectors are still in the manufacturing industry, textile electronics, automotive. Then, the tourism industry, creative economy, agriculture, plantations and fisheries to new and renewable energy. Infrastructure and property are also included in this category. Then, there is also a mapping of strategic areas such as special economic zones and priority areas. "The results of the analysis that has been carried out, investment regulations and incentives are needed, such as the ease of licensing that already exists, but must be made better. Then, tax incentives for strategic industries," explained Dedi, in his written statement, Monday, April 7, 2025. "Industrial land ownership must also be facilitated so as not to violate applicable regulations, including the development of supporting infrastructure. Digitalization and smart investment in big cities must be sharpened," he continued. The next job is to create a marketing strategy and investment promotion so that West Java is increasingly superior. Efforts to build the image of West Java as a potential area for investment require partnerships and collaboration. Dedi Taufik said the West Java Provincial Government is targeting investment to reach IDR 270 trillion in order to encourage provincial economic growth of 5.6 percent in 2025. West Java's investment achievement in 2024 amounted to IDR 251.14 trillion, successfully absorbing around 383,000 workers. Therefore, efforts are needed to increase human resource capacity to meet investor needs. West Java's investment in 2024 is still the highest nationally. With a total investment of IDR 251.14 trillion, the achievement increased by 19.24 percent from the previous year. Investment realization consists of foreign investment (PMA) of IDR 149.5 trillion and domestic investment (PMDN) of IDR 101.54 trillion. Investment is centered in five districts/cities, four of which are in the northern region with an investment portion of 75 percent of the total investment in West Java. Labor absorption from PMA PMDN investment is relatively spread out. Most PMA PMDN investment projects are also in northern West Java. Another thing that must be the focus is improving the quality of the workforce that is in accordance with the needs of the world of work in various sectors, such as the automotive industry. "Educational syllabus such as in vocational schools must be directed towards the development and needs of industry. So, they are ready to be absorbed, because the needs (of the workforce) requested by investors are also specific," explained Dedi "Domestic Investment (PMDN) must also be maintained, including those that are already running," said Dedi Taufik. The Ciayumajakuning area will also continue to be boosted to become a favorite investment destination in West Java because it has extensive land and complete infrastructure support. [SOURCE]

Apr, 09 2025

andung City Advances New Investment Opportunities Through Public Lighting, Electric Public Transport, and Sports Tourism Projects

The Bandung City Government continues to strengthen investment as a key driver of regional economic growth. After recording approximately IDR 11 trillion in realized investment in 2025, the city is now preparing a series of strategic projects for potential investors, including public street lighting, electric public transportation, vertical housing developments, and the revitalization of sports facilities. Bandung Mayor Muhammad Farhan stated that these initiatives form part of the government's strategy to modernize public services while creating new investment opportunities for the private sector. "Investment realization in 2025 reached around IDR 11 trillion. We are now pursuing new investments related to public services and the continued development of Bandung," Farhan said at Bandung City Hall on June 18, 2026. One of the projects currently being prepared is the installation of approximately 850 new Public Street Lighting (PJU) units through an investment partnership scheme. Farhan explained that the project will not be financed entirely through the Regional Budget (APBD). Instead, it will utilize an investment model in which private investors fund and install the infrastructure upfront, while the government pays for the service after it becomes operational under a "buy-the-service" arrangement. "For example, with street lighting, investors procure and install the facilities first. Once the system is operational, the government pays for the service. This means the investment is not fully funded through the regional budget," he explained. According to Farhan, this approach enables the government to accelerate infrastructure development without being constrained by fiscal limitations. Beyond street lighting, the Bandung City Government is also preparing a major transformation of the public transportation sector through the development of electric public transport vehicles. Farhan described the electric minibus (angkot) project as one of the city's most attractive investment opportunities, with the potential to reshape public transportation in Bandung. "The most exciting project at the moment is electric angkot. We want residents to become interested in using public transportation again. That is why it must be attractive, comfortable, modern, and environmentally friendly," he said. He acknowledged that one of the current challenges facing public transportation is declining public interest in conventional angkot services. To address this issue, the government plans not only to improve operational systems but also to introduce more appealing vehicle designs to restore public confidence in mass transportation. The project is being developed through collaboration among the Bandung City Government, the Government of West Java Province, and private investors. "We want to showcase a new face of public transportation in Bandung. If people find it comfortable and attractive, public transport usage will naturally increase," Farhan added. The city government is also encouraging the development of vertical housing as a solution to limited land availability in urban areas. Farhan explained that the initiative aligns with a national policy introduced by the Ministry of Housing and Settlement Areas. Under the proposed scheme, government agencies provide the land, while private investors finance and construct the developments. "The concept is simple. The land comes from the government or state-owned enterprises, private investors carry out the construction, and the completed units are marketed to the public. It is a model that benefits all parties involved," he said. Several potential sites are currently being prepared, including land owned by PT Kereta Api Indonesia and other government-owned assets that have yet to be utilized optimally. According to Farhan, vertical housing offers an important solution for Bandung, where available land for new residential development is increasingly limited. The program is also expected to enhance the economic value of underutilized government assets. The Bandung City Government is also promoting investment opportunities in the sports sector. Farhan stated that plans are underway to revitalize several sports facilities through partnerships with private investors. Although the Gelora Bandung Lautan Api Stadium already has an operator, numerous other sports venues remain available for development. "We are preparing an investment concept for sports districts. Several locations can be developed in partnership with investors, including Bandung Arena, the hockey field, and the Lodaya area," he said. The initiative aims not only to improve facilities for athletes and the public but also to create new economic activity centers through a sports tourism development strategy. The city government also sees significant opportunities in the growing electric vehicle ecosystem in Bandung. The increasing adoption of electric vehicles has generated demand for additional Public Electric Vehicle Charging Stations (SPKLU), prompting the city to open new investment opportunities in this sector. "Even investment in fuel stations remains attractive. Two private fuel station permits are currently being processed, and I have required both projects to include EV charging facilities," Farhan revealed. He emphasized that EV charging infrastructure will play a crucial role in supporting Bandung's transition toward environmentally friendly transportation while demonstrating the city's readiness to embrace advancements in automotive technology. Farhan also noted that the city government is reorganizing outdoor advertising placements across Bandung as part of its broader effort to create a healthier investment environment. He explained that regulating billboard locations will help reduce oversupply, thereby increasing the economic value of available advertising spaces. "If there are too many advertising locations, their investment value declines. We are therefore reorganizing them to create a more orderly system with stronger economic value," he said. Farhan expressed optimism that the strategic projects currently under preparation will further strengthen Bandung's appeal to investors. He stressed that investment should not be measured solely by the total value of capital inflows, but also by the tangible benefits delivered to residents through improved public services, job creation, and sustainable infrastructure development. "We want incoming investments to generate real impacts. The goal is not merely to increase investment figures, but also to improve public services, enhance community mobility, and support the sustainable economic growth of Bandung," Farhan concluded. [SOURCE]

Jun, 23 2026

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