News - Aspenda Strengthens Cooperation with MNC Asset Management, Optimizing Investment and IJP Management

Aspenda Strengthens Cooperation with MNC Asset Management, Optimizing Investment and IJP Management

Aug, 07 2024

The Association of Regional Guarantee Companies (Aspenda) strengthens business cooperation with PT MNC Asset Management. It is also one of the steps to optimize investment fund management. Including the management of Guarantee Service Fees (IJP).

Aspenda Chairman Agus Subrata explained, MNC Asset Management is a company that is quite skilled in fund management and investment. The investment management instrument is very much needed for guarantee companies. That experience and expertise is what underlies Aspenda to be able to establish a partnership with MNC Asset.

"From the cooperation, we get a lot of direction or input in terms of fund management instruments. That is the field of MNC Asset Management. So we are quite helped," he explained, Thursday (1/8).

The man who is also Plt. The President Director of Jamkrida Jabar continued, Jamkrida or companies under Aspenda are indeed companies engaged in guaranteeing. Companies in Aspenda manage public funds, especially from the Guarantee Service Fee (IJP).

Therefore, Aspenda needs a strategy so that fund management can be efficient and effective. Input from MNC Asset Management is certainly needed.

"We also manage public funds, especially from IJP income in terms of guarantee services. Each company is quite large so we must manage these funds as efficiently and effectively as possible to make income for the company," he continued.

It was recorded that the IJP of Jamkrida throughout Indonesia in 2023 was recorded at Rp 1.48 trillion. That figure increased when compared to 2022 which was at Rp 855 billion.

As for West Java, the IJP of Jamkrida Jabar in 2023 was recorded at Rp 250 billion. With guaranteed MSMEs at 1.2 million.

The number of MSMEs is only in West Java, not in other regions throughout Indonesia. If calculated with other Jamkrida throughout Indonesia, of course the amount is quite large. The Financial Services Authority (OJK) itself reported that the number of MSMEs in Indonesia reached 64 million. MSMEs are also the driving force of a region's economy.

SOURCE

Successfully Attracting Foreign Investment, Central Java Learns from West Java

Bisnis.com, BANDUNG — Central Java Province has learned a lot from West Java's success in attracting foreign investment (PMA). Head of the West Java Province One Stop Integrated Investment and Licensing Service (DPMPTSP) Nining Yuliastiani said he was sharing the success story of how West Java Province has always excelled in realizing investment in Indonesia. According to him, the story was conveyed during the Central Java Keris High Level Meeting activity which was initiated by Bank Indonesia Central Java Representative Office in the P0.11 Hotel Ballroom. Youth No. I 18 Semarang, last Thursday (7/3/2024). West Java Province is still the main destination for investors investing in Indonesia, this is shown by the investment realization value of West Java which is always ranked first nationally. "In 2023, the realization of foreign investment in West Java will reach IDR 122.6 trillion or around 16.5% of the realization of national FDI," he said, quoted Monday (11/3/2024). In 2023, FDI investment in West Java will amount to IDR 122.6 trillion, where Japan will be the country with the highest investment in West Java with an investment value of IDR 26.65 trillion. "Japan is the country with the most investment projects in West Java with a total of 6,908 projects," he said. Apart from Central Java, West Java last week also visited the East Java Province PMPTSP Service, this visit was in the context of exchanging ideas and discussions regarding licensing and investment. "We believe that in this process we need to learn many things so that in the future we don't take the wrong steps, so this discussion will certainly provide new insights for both West Java and East Java Provinces," he said. (SOURCE)

Mar, 14 2024

SEVERAL Projects in Rebana Metropolitan West Java Region to be Offered at WJIS 2024

The development of the West Java Metropolitan Rebana area continues to be encouraged. A number of projects will even be offered to investors at the West Java Investment Summit or WJIS 2024 which is planned to take place on September 19, 2024 in Bandung. Some of the Rebana Metropolitan area projects that will be offered to investors are the development of the Kertajati Airport area in Majalengka, including Kertajati Aerocity, the Green Airport City. WJIS is an annual event aimed at promoting investment opportunities in West Java to domestic and foreign investors. The event offers projects that are ready for bidding, and focuses on key issues such as downstream, new renewable energy, vocational education, and new investment areas. WJIS also aims to improve the quality of investments that have a broad impact on society. WJIS is an annual event organized by the West Java Investment and One-Stop Integrated Service Office (DPMPTSP) with the West Java Representative Office of Bank Indonesia. This activity has been held since 2019, with different themes in accordance with the direction of West Java's development. WJIS activities also feature various projects that are ready to be offered to domestic and foreign investors, from various leading sectors in West Java. Metropolitan Tambourine Project Offered at WJIS Quoting from the official website of dpmptsp.jabarprov.go.id, WJIS 2024 will be held on September 19, 2024 at the Trans Convention Center, Bandung. Also mentioned at the event will be presented 27 projects that are ready to be offered to investors both domestically and abroad. Among the projects that will be presented are projects located in the Rebana Metropilitan area of West Java. The projects in the Rebana Metropolitan area that will be sold are: 1.Clean water services for the Patimban Port area, Subang. Investment value of IDR 134.2 billion Project owner: Perumda Air Minum Tirta Rangga Subang Project land area : 542 hectares Business scheme : BOT 2.Indonesia E-Commerce CenterLocation : Kertajati Airport Area, Majalengka Investment value : IDR 1.31 trillion Project owner : PT BIJB Land area : 68.4 Ha Business scheme: Land Rent & Concession 3.Grand Kertajati Aerocity Location: Kertajati Airport area, Majalengka Investment value : IDR 5.5 trillion Project owner : BIJB Aerocity Development, PP Property, Manakib Realty Land area: 300 Ha Business scheme : Right Issue, Joint Venture, Joint Operation 4.Jatigede water supply system Location : Sumedang, Majalengka, Indramayu, Cirebon Investment value : IDR 4.3 trillion Project owner : West Java Provincial Government Land area : 3.2 Ha Business scheme: PPP Solicited-BOT 5. Kertajati Aerocity Hub 1 Cluster Location: Kertajati, Majalengka Investment value : IDR 9.1 trillion Project owner : PT BIJB Aerocity Development Land area : 375 Ha Business scheme : Joint Venture & Astate Management Agreement 6.Kertajati Aerocity Main Infrastructure Location: Kertajati Majalengka Investment value : IDR 1.2 trillion Project owner : Pt BIJB Aerocity Development Land area : 140 Ha Business scheme : land investment, joint venture, joint operation, BOT 7.Kertajati Aircraft Maintenance Center Location: Bandra Kertajari Majalengka Investment value : Rp 2.55 trillion Project owner : PT BIJB Land area : 84.2 Ha Business scheme: land rent & consession 8.Kertajati Airport Commercial Area Location : Kertajati Airport area Majalengka Investment value : IDR 1.5 trillion Project owner: PT BIJB Land area : 22.5 Ha Business scheme: land rent &consession 9.Sumedang Industrialpolis Location: Buahdua Sumedang Investment value: Rp 4.3 trillion Project owner : PT Sukses Perdana Andalan Land area : 912 Ha Business scheme: strategic partnertship or land selling That is the list of projects in the West Java Metropolitan Rebana area that will be sold at the WJIS 2024 activity on September 19. SOURCE

Aug, 27 2024

2 New Oil and Gas Contracts Officially Signed, Initial Investment IDR 246 Billion

Jakarta, CNBC Indonesia - Two upstream oil and gas (oil and gas) contracts, namely for the Working Area (WK) or Amanah Block and Melati Block, were officially signed on Monday (14/10/2024). The two oil and gas block contracts have an initial investment value in the form of a Firm Commitment from the Cooperation Contract Contractor (KKKS) reaching US$ 15.85 million or around Rp. 246.5 billion (assuming an exchange rate of Rp. 15,555 per US$). The signing of the Cooperation Contract (PSC) was carried out by the Head of SKK Migas Dwi Soetjipto and each KKKS at the Indonesia Exploration Forum 2024 in Surabaya, East Java, Monday (14/10/2024). This event was also witnessed by the Acting Director General of Oil and Gas, Ministry of Energy and Mineral Resources, Dadan Kusdiana. "This signing adds to the government's achievements in getting investors in upstream oil and gas business activities to encourage oil and gas exploration activities in Indonesia," said Dadan. Dadan said that the investment value of the Definite Commitment in WK Amanah was US$ 3,150,000 and WK Melati was worth US$ 12,700,000, so that the two WKs received a total definite commitment of up to US$ 15,850,000, with signature bonuses for each. US$ 300,000 and US$ 200,000 respectively. Amanah and Melati WKs are the results of the 2024 Phase I Oil and Gas WK Auction which was offered through a Direct Bidding Auction mechanism. The operator or manager of WK Amanah is PT Medco Energi Amanah (Operator), and other participating rights holders are PT Sele Raya Sejati and KUFPEC Indonesia (Amanah) B.V. Meanwhile, the manager of the Melati WK is PT Pertamina Hulu Energi Sulawesi Melati (Operator), and other participating rights holders are SIEI Melati Limited and KUFPEC Indonesia (Amanah) B.V. From the signing of this Cooperation Contract, WK Amanah took the form of a geological and geophysical (G&G) study activity as well as acquisition and processing of 50 km2 of 3D seismic data. Meanwhile, for WK Melati, the definite commitment is in the form of two G&G studies, acquisition and processing of 200 km2 of 3D seismic data, as well as acquisition and processing of 250 km2 of 2D seismic data. "This shows that the upstream oil and gas industry in Indonesia still has great opportunities, and remains attractive for investment. Improvements in regulations carried out by the Government also support a better investment climate for investors, including tax facilities, incentives or terms and conditions in offers," added Dadan . Dadan hopes that the signing of 2 Oil and Gas Cooperation Contracts with the Cost Recovery scheme will have a positive impact on the oil and gas exploration climate in Indonesia. Also, adding Cooperation Contracts from 2020 to 2024 to a total of 23 New Cooperation Contracts. (SOURCE)

Oct, 17 2024

Realization of Investment in West Java in the Third Quarter of 2023 Soars 19.4%

Bisnis.com, BANDUNG-- Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yulistiani, said that West Java is ready to maintain its position as the province with the highest investment realization in Indonesia next year. "We continue to build closer communication, offering various investment potentials and sustainable project opportunities. "So, the attractiveness of every project in West Java can be seen and even attracted by investors," he explained, quoted on Wednesday (8/11/2023). Nining noted that investment realization in West Java up to the third quarter of 2023 had reached 81.5% of the target set by the Indonesian Ministry of Investment/BKPM of IDR 188.03 trillion. According to him, from July to September, West Java investment realization reached IDR 49.5 trillion. Cumulatively from January to September 2023, it reaches IDR 153.2 trillion. "Which means that 81.5% of the investment target imposed on West Java of IDR 188.03 trillion has been achieved," said Nining. Nining said that investment realization up to the third quarter of 2023 amounted to IDR 153.2 trillion, up to 19.4% higher than in 2022 in the same period which reached IDR 128.3 trillion. With Kertajati fully operational, he is optimistic that West Java will become increasingly sexy in the eyes of investors. According to him, for investors, one of the most important reasons to invest capital is good connectivity. "In West Java, there are the most toll road routes, then supported by accessibility which has quite high stability, basic infrastructure for providing energy, (availability of) raw materials and water, West Java is also one of the locations with the most choices," he concluded. (SOURCE)

Nov, 20 2023

Ministry of Communication and Information Facilitates Indonesian Startups To Achieve Investment of IDR 2.6 Trillion

Jakarta (ANTARA) - The Ministry of Communication and Information (Kemenkominfo) continues to strive to grow startup capacity in Indonesia, including by bridging Indonesian startups to be able to obtain funding from venture capitalists both at home and abroad with total funding received reaching 172.3 million US or the equivalent of IDR 2.6 trillion. "This is quite large, because compared to our spending, the impact felt is six times greater and this is what startup friends feel," said Director of the Digital Economy of the Ministry of Communication and Information Bonifasius W Pudjianto at the Ministry of Communication and Information Technology Office, Central Jakarta, Friday . Boni said that the Ministry of Communication and Information, in terms of facilitating startup development in Indonesia, also pays attention to network expansion and also opens up opportunities for investors from within the country and abroad to see the potential of local startups. The program focused on this activity is called HUB.ID, a program released in 2021 and there are two activities in it, namely HUB.ID Accelerator and HUB.ID Summit. The HUB.ID Accelerator program focuses on opening networks for startups, while the HUB.ID Summit is a matchmaking event between startups and potential investors who are venture capital to explore investment potential. The Ministry of Communication and Information noted that by 2023 there will be 63 startups facilitated through HUB.ID activities. In 2024, HUB.ID will again hold the HUB.ID Summit event, but in collaboration with the Nexticorn foundation, the event is designed to be the NextHub Global Summit. This event will take place on 23-25 September 2024 in Nusa Dua, Bali with the theme "Defrosting the Tech Winter". Even though there was a "Tech Winter" condition in the startup ecosystem in Indonesia which caused many startups to close down, the Ministry of Communication and Information remains optimistic that in the post-pandemic period, the investment climate in the startup ecosystem is starting to improve. Boni said the Ministry of Communication and Information continues to be committed to providing support for the growth of digital startups in Indonesia through many programs. "This cannot be stopped, we must continue to encourage young colleagues to develop their businesses in a digital direction. Because digitalization can expand to many things, starting from MSMEs to downstreaming to strategic sectors," said Boni. He further added, "We at the Ministry of Communication and Information even oversee the agriculture, fisheries, education, health, logistics and tourism sectors so that these sectors can further grow, develop and have an economic impact on society." (SOURCE)

Oct, 01 2024

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