News - Bandung City Prepared to Host the 2026 Selangor International Business Summit

Bandung City Prepared to Host the 2026 Selangor International Business Summit

Jan, 21 2026

The Bandung City Government has begun finalizing preparations to host the Selangor International Business Summit, a business and investment forum bringing together businesspeople and governments from Malaysia and Indonesia, particularly West Java Province.

Bandung City Regional Secretary, Iskandar Zulkarnain, stated that the meeting with the Selangor delegation was the first step in exploring more concrete investment cooperation between Bandung City, West Java, and Selangor, Malaysia.

"This meeting serves as an initial gathering and discussion of potential collaboration between the Bandung City Government and Selangor, particularly in the areas of investment and economic development," Zulkarnain said at City Hall on Tuesday, January 20, 2026.

He explained that the SIBS will involve not only the Bandung City Government but also the West Java Provincial Government and various strategic stakeholders, including state-owned enterprises (SOEs) and business players.

"The scale is not just the city, but also West Java. Therefore, the opportunities for collaboration are also broad, including involving SOEs in the manufacturing sector and strategic industries," he said.

Citing the Selangor Delegation's presentation, the economic relationship between Malaysia and Indonesia is considered to have a strong foundation. Indonesia is listed as one of Malaysia's main export destinations, while Malaysian investment in Indonesia also ranks among the highest in the region.

The presentation also stated that Selangor is the largest contributor to the Malaysian economy, with key strengths in the services and manufacturing sectors, as well as strategic and emerging clusters such as technology, logistics, halal, and life sciences.

Meanwhile, West Java is one of Indonesia's national economic drivers, with leading sectors in manufacturing, transportation, logistics, and trade and services.

The SIBS forum plans to focus on several potential sectors for cooperation, including aerospace, rail, automotive, creative industries, technology, health tourism, waste-to-energy, urban mobility, and property and construction development.

SIBS is designed not only as a discussion forum but also includes business matching, sectoral meetings, site visits for potential projects, and investment and tourism exhibitions.

The Bandung City Government welcomes this plan as an opportunity to expand investment networks and strengthen Bandung's position as a center of economic growth in the ASEAN region.

"We are open to opportunities for mutually beneficial collaboration, while adhering to the policies of the central and provincial governments," said Zulkarnain.

The Selangor International Business Summit is planned to be held in Bandung in July 2026, involving governments, businesses, and stakeholders from both countries.

[SOURCE]

Renewable Energy and Eco-Friendly Investments Set to Arrive in Sukabumi City

The Sukabumi City Government continues to show its commitment to creating an open and sustainable investment climate. One concrete manifestation of this effort was a meeting held on Wednesday, May 28, 2025, with investors from Japan and Korea. The meeting discussed various potential collaborations, including the development of renewable energy technology and urban waste management. One of the investors present, Digi Capital Grid from Japan, shared plans to implement renewable energy projects in Sukabumi City aimed at reducing pollution and making the city more environmentally friendly. Although no government-owned land is yet available for use, the investor expressed full readiness to invest if all requirements, including signing nine memorandums of understanding (MoUs) with the Sukabumi City Government, can be fulfilled. The points in the MoUs include promoting regional development, developing renewable energy, increasing job opportunities, strengthening tourism, and strategies to make the area a strategic national investment zone. In the same meeting, PT Royal Puspita, a company producing export-standard dolls that has operated since 1992 in Sukabumi Regency, conveyed plans to expand into Sukabumi City. The company has absorbed more than 1,800 workers and conducts production processes that generate minimal waste. However, they also revealed field challenges related to premanism interfering in employee recruitment processes. The company hopes the city government can provide legal protection and ease permitting so business activities can run smoothly. Responding to this, Deputy Mayor of Sukabumi, Bobby Maulana, stated that the city government is very open to investors who bring economic and environmental benefits. He emphasized the importance of creating new jobs, especially amid infrastructure development like the toll road project connecting Sukabumi with other major cities. “We are ready to facilitate and ease processes for investors aligned with the city’s development vision, including addressing security issues wisely to keep investments conducive,” said Bobby. With collaboration between the local government and international partners, Sukabumi City is expected to strengthen its economic foundation through green and sustainable investment. Renewable energy projects and environmentally friendly industrial expansions are significant opportunities to realize a city that is not only economically advanced but also healthy and comfortable to live in. [Source]

Oct, 30 2025

Ministry of Agriculture to Spread 75 Thousand Water Pumps to Chase Rice Production Target

Agriculture Minister Andi Amran Sulaiman said the government will distribute 75,000 water pumps in West Java, Central Java and East Java provinces. The pumps will channel river water to farmlands. Amran explained that this effort was made in order to boost agricultural productivity, especially rice commodities, to anticipate the dry season which is prone to drought. “In total, we are planning 75 thousand pumping units throughout Indonesia, the goal is to pump water in rivers that do not dry out during the dry season,” Amran said when met in Jakarta, Sunday (28/7/2024). Furthermore, according to him, through the pumping program, it is expected that rice productivity in Indonesia can be boosted to five million tons in one harvest season. The presence of the pump will at least contribute to irrigating 500 thousand hectares of rice fields in the three provinces. Mentan hopes that the increase in rice productivity can reduce the number of imports that are currently still being carried out by the government in order to maintain food security. Even this year alone, the government's rice import target has reached 3.6 million tons. “This pumping is located in West, Central, and East Java, there are about 500 thousand hectares of rice fields, imagine if we pump it all, it can produce about 5 million tons, which means what, we can reduce imports,” Amran said. Amran explained that currently there are 63 thousand water pumps that have been installed in West Java, Central Java, and East Java. According to him, this has a direct impact on rice productivity. In fact, according to him, based on data from the Central Statistics Agency (BPS), the total rice that will be harvested in the next two months will increase by around 700 thousand tons. “Through the pump, those who previously only planted once became three times, meaning that production has increased, the results are already there, up to 700 thousand tons,” he said. (Wahyu Dwi Anggoro) SOURCE

Jul, 29 2024

VinFast explores investment in building solar and wind power plants in Indonesia

Jakarta (ANTARA) - Vietnamese automotive company VinFast has conveyed its desire to President Prabowo Subianto to explore investment in building solar power plants (PLTS) and wind power plants (PLTB) in Indonesia. Minister of Investment and Downstream/Head of BKPM Rosan Perkasa Roeslani said VinFast is interested in building PLTB in Sulawesi, while PLTS in the West Nusa Tenggara (NTB) region. "Still exploring," said Rosan answering journalists' questions when he was met at the Presidential Palace Complex, Jakarta, Tuesday. Rosan accompanied Indonesian President Prabowo Subianto to meet with VinFast CEO Pham Nhat Vuong. VinFast conveyed several of its investment plans in Indonesia, including building an electric car factory in Subang, West Java, then building SPKLU up to 100,000 points in various regions of Indonesia, especially Java Island, and investment in power plants from new and renewable energy (EBT). "The point today is to focus on automotive. That was the discussion with the President and us," said Rosan. VinFast has purchased 120 hectares of land in Subang, West Java. The car factory is planned to be built after the fasting month, while production is expected to start in 2026. [SOURCE]

Mar, 17 2025

Majalengka Regency Will Re-evaluate Investment in BIJB Reaching IDR 158 Billion

MAJALENGKA, TINTAHIJAU.COM- Continuing the matter of Investment in West Java International Airport (BIJB), the Majalengka Regency Government admitted that it would conduct an in-depth study. In the meantime, according to Majalengka Regent Eman Suherman, the Regency Government admitted that it would re-examine the funds that were still stored in the Bank in the form of demand deposits for the needs currently being faced by the Majalengka Regency Government. "I just came in, only 18 days. Later we will communicate with the Council members how to proceed, whether it should be taken, should be revoked," said Majalengka Regent Eman Suherman, Wednesday (03/19/2025). Eman Suherman also reminded that in the midst of Presidential Instruction Number 01 of 2025 concerning the Efficiency of spending funds from the 2025 APBN and APBD. So it is considered very important to have investment funds that are still stored in the Bank for development acceleration. "Of course we are waiting for the Council's decision because we need the funds, especially in the midst of efficiency like this. There are many development activities that we have not been able to cover from the APBD," he explained. Considering this, the Regent of Majalengka hopes that the DPRD will immediately hold discussions with the Majalengka Regency Government in overcoming various problems faced. "And hopefully the budget can have an agreement from the Council, Direction also from the Council to be together Whether to later resolve social problems, for economic development as well or capital participation as well," he said. When asked about communication with the Majalengka DPRD, the Regent explained that until now there has been no communication built. "With the Council itself, not yet," he concluded (Defri). [SOURCE]

Mar, 21 2025

Apple reportedly proposed an investment of IDR 158 billion in Bandung

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. 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)

Nov, 12 2024

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