News - Cirebon City Records 14,892 Investors Submitting Investment Plans

Cirebon City Records 14,892 Investors Submitting Investment Plans

Jul, 03 2026

The Cirebon City Government in West Java has recorded a total of 14,892 investors submitting investment plans worth approximately Rp3.23 trillion during the January–June 2026 period, according to data from the Online Single Submission Risk-Based Approach (OSS RBA) system.

Cirebon Regional Secretary Iing Daiman said on Friday that the figures demonstrate the city's continued appeal to investors despite its relatively limited land area and population.

"Despite these limitations, we continue to optimize our existing potential and encourage investors to invest in Cirebon City," he said.

Of the total submissions, domestic investment (PMDN) accounted for the majority, with 14,811 investors planning investments worth approximately Rp2.45 trillion.

Meanwhile, foreign direct investment (PMA) came from 81 investors, with planned investments totaling around Rp783.43 billion.

"The OSS RBA data reflects the latest investment plan submissions compiled as of July 1, 2026, covering the January–June 2026 period," Iing explained.

He noted that optimizing the city's economic potential has become one of the local government's key strategies to sustain investor interest, particularly in supporting the development of the Rebana Metropolitan Area.

According to him, although Cirebon City has limited territorial resources, it still possesses considerable opportunities to attract investment by leveraging its existing strengths.

These strengths include areas under the authority of the central government, which are considered capable of supporting investment growth in the city.

In addition, the city government continues to actively promote the trade, services, and tourism sectors as promising investment opportunities in Cirebon.

"We will continue to maximize our existing potential to ensure that investor interest in Cirebon City remains strong," he said.

He further added that the city government is maintaining close coordination with the central government to support the development of strategic areas that can contribute to regional investment growth.

According to him, such coordination is necessary because the development of strategic areas does not fall entirely under the authority of local governments, making collaboration with the central government essential.

"We hope this collaboration will strengthen Cirebon City's position as one of the supporting regions of the Rebana Metropolitan Area while enhancing its investment competitiveness," he said.

The Cirebon City Government also affirmed its commitment to facilitating all submitted investment proposals to ensure that the planned investment value recorded in the OSS RBA system can be fully realized.

[SOURCE]

Ahead of National Customer Day, PLN Invests Rp335 Billion for Infrastructure in West Java

Warta Ekonomi, Cirebon - PT PLN (Persero) Central Java Development Unit (UIP JBT) has successfully completed three electricity infrastructure development projects in West Java. This success was marked by the completion of the process of providing the first voltage (energize) on the three infrastructures. The three projects are SUTT Reconductoring 150 kV Rancaekek - Sunyaragi (Section 3), SUTT 150 kV Jatigede Incomer Line 1 Towards 150 kV New Kadipaten Substation and SUTT 150 kV Jatigede Incomer Line 2 Towards 150 kV New Sunyaragi Substation. All three will certainly strengthen the electricity system in West Java in supplying customers' electricity needs. Plh General Manager of PLN UIP JBT, Achmad Ismail said that along with the increasing growth in electricity consumption, PLN also continues to strive to maintain the quality and reliability of the electricity system. The construction of the 150 kV Rancaekek - Sunyaragi SUTT (Section 3) is an effort to improve the reliability of the electricity system in Cirebon, Majalengka and surrounding areas. In addition, the addition of new power plants in West Java also has an impact on the provision of new electricity system networks. “Currently, as we know that customers' electricity needs continue to increase, therefore it is an obligation for PLN to also strengthen the electricity network so that the electricity consumed by customers is quality electricity. In addition, the existence of new power plants such as Jatigede Hydroelectric Power Plant also requires transmission to evacuate its power,” Ismail explained in Cirebon Regency, Saturday (31/8/2024). Ismail added, the construction of new plants carried out by PLN at this time was due to the energy transition towards new renewable energy (EBT). “Jatigede Hydroelectric Power Plant is a manifestation of the commitment of the Government and PLN in realizing the energy transition in order to reduce the emission rate,” he said. PLN invested no less than Rp 335 billion to build the three projects. In the construction of this project, PLN also managed to accelerate the construction which was originally targeted to be completed in November 2024, but was successfully completed today. “All of this work also has a positive direct impact on the surrounding area with the success in absorbing local labor reaching 300 people,” he said. Ismail also expressed his gratitude to all parties who struggled and contributed to this great success. According to him, each party has an important role in its position and it has also been carried out well so that the project can be completed well and even faster than the predetermined target time. “We really appreciate the efforts that have been exerted by all parties involved in this development, starting from the Government, Contractors, PLN Group and of course all the teams in the field who struggled hard to complete this project. Hopefully this infrastructure can operate reliably and provide quality electricity for our customers,” he concluded. SOURCE

Sep, 02 2024

West Java Confirms Itself as the Locomotive of the National Economy

RRI.CO.ID, Bandung - West Java has once again asserted itself as the national economic powerhouse. Throughout 2025, investment realization in the province reached IDR 296.8 trillion, or 109.9 percent of the government's target. This achievement demonstrates the business world's confidence in West Java's investment climate. Data from the Ministry of Investment shows that West Java holds the highest national position in investment realization. Jakarta is in second place with IDR 270.9 trillion, followed by East Java with IDR 145 trillion, Banten with IDR 139.2 trillion, and Central Sulawesi with IDR 127 trillion. This figure confirms West Java's dominance as a center of economic growth. West Java Governor Dedi Mulyadi believes this achievement is the result of continuously maintaining a conducive, inclusive, and sustainable investment climate. "This achievement demonstrates that the business community's trust in West Java, both domestic and international, remains strong. The provincial government is committed to creating certainty, convenience, and a sense of security for investors," he said in a written statement on Friday, January 16, 2026. On an annual basis, West Java's investment realization in 2025 experienced a significant surge, rising 18.21 percent compared to 2024, which reached IDR 251.14 trillion. This surge reflects increased economic activity and investment interest in various strategic sectors. Of this total realization, Foreign Direct Investment (PMA) reached IDR 147.02 trillion, while Domestic Direct Investment (PMDN) was IDR 149.8 trillion. This composition demonstrates a relatively balanced contribution between domestic and foreign investors in driving regional economic growth. According to Dedi, the balance between PMA and PMDN is an important indicator that West Java's economic development does not solely depend on foreign capital but is also strengthened by national business actors. "We want incoming investment to truly impact the welfare of the community. This shouldn't just be a large investment, but also about creating jobs, stimulating MSMEs, and encouraging equitable development across various regions," he explained. Going forward, the West Java Provincial Government is committed to reforming the bureaucracy, simplifying permits, and strengthening infrastructure supporting investment. These steps include developing industrial estates and improving interregional connectivity to ensure investment is more targeted and effective. This investment realization, which exceeded the target, is considered a positive signal for the West Java economy amidst challenging global dynamics. With this achievement, West Java is expected to remain a prime national investment destination and contribute significantly to Indonesia's economic growth. "Going forward, investment must be aligned with the values of sustainability, environmental preservation, and local wisdom. West Java is open to investment, but remains grounded in the interests of the people," concluded Dedi Mulyadi. [SOURCE]

Jan, 20 2026

Entering the Top 5, Garut is Ready to Welcome Investment Through West Java Investment Challenge 2024

GARUT, INDOMETRO .ID - Deputy Head of Bank Indonesia (BI) Representative of West Java Province, Muslimin Anwar, together with representatives of the West Java Province Investment and One-Stop Integrated Service (DPMPTSP), visited Garut Regency on Tuesday (13/8/2024). This visit was related to the inclusion of Garut Regency in the top five finalists of the West Java Investment Challenge 2024. The group was received by the Acting Head of DPMPTSP of Garut Regency, Budi Gan Gan Gumilar, in the Situ Bagendit tourist area, Banyuresmi District. Situ Bagendit itself is one of Garut Regency's flagship projects offered to investors in the West Java Invesment Challenge 2024. The results of the visit were then discussed at the Public Service Mall (MPP) regarding the follow-up of the West Java Invesment Challange 2024. The discussion was attended by the Regional Secretary of Garut Regency, Nurdin Yana, and several heads of Regional Work Units (SKPD) within the Garut Regency Government. Garut's Commitment to Attract Investors Muslimin Anwar explained that this visit aims to assess the potential of Garut Regency to win an award in the West Java Investment Challenge 2024, directly assess the potential of Situ Bagendit, and evaluate the Garut Regency Government's commitment to the development of the area. According to Muslimin, the readiness and support of the local government are the main keys to attracting investment. The projects offered must be ready, both in terms of infrastructure and the commitment of the local government. "Because the commitment to support the readiness of the district government is one of the key factors for investment to enter the region, and the projects offered can find their partners, in this case related investors," added Muslimin. He assessed the strength of Situ Bagendit, which has a long history and interesting legendary elements, with the number of visitors reaching 180 thousand in 2023. In addition, post-revitalization, the area has been equipped with adequate infrastructure, including an amphitheater, floating mosque, pedestrian and jogging track. "This is one of the strengths that can be continued with investors, because the accessibility has been fulfilled, then the amenities are also already there, we just need to strengthen it, then the attractions need to be increased so that the number of visits will increase," he said. However, Muslimin also emphasized the need to improve facilities, such as handling water hyacinth problems, supporting MSMEs, and expanding parking capacity to accommodate more visitors. Muslimin advised the Garut Regency Government to always continue to synergize with the West Java Provincial Government and Bank Indonesia, where openness and optimism are needed that can be synergized together. "When investors ask for more details about things that are currently on the surface, but surely they will be more detailed, and when that happens hopefully they can be more reluctant, and prepare as detailed information as possible," he said. Collaboration to Increase PAD The Secretary of Garut Regency, Nurdin Yana, expressed his appreciation for the visit of BI and DPMPTSP of West Java Province. He emphasized that although fiscal limitations are a challenge, collaboration with various parties, including investors, is a solution to increase Garut Regency's Original Revenue (PAD). His party, said Nurdin, will immediately fulfill the prerequisites requested by BI and DPMPTSP of West Java Province, so it is hoped that in the near future BI can pair Garut Regency with third parties who can invest in Garut Regency. "Hopefully by being matched with him (Head of the West Java Province BI Representative), there will be one investor entering us, so that it will be valuable, which can provide or boost our PAD in Garut Regency, so that it will provide welfare to the community accumulatively," Nurdin said. Nurdin hopes that through the West Java Investment Challenge 2024, Garut Regency can attract investors who are able to develop tourist areas, such as Situ Bagendit, to have a significant economic impact on the region. Meanwhile, the Head of Bappeda of Garut Regency, Didit Fajar Putradi, added that Garut Regency's participation in this event aims to open up space for investors, both from within and outside the country. He is optimistic that with the support of BI and DPMPTSP of West Java Province, investments that enter Garut Regency will make a major contribution in increasing PAD and community welfare. "The revenue will also increase if it is managed better, if it is managed with more complete facilities, which are more attractive for people to visit more Situ Bagendit," Didit said. Didit revealed that through the West Java Investment Challenge 2024, Garut Regency and its Situ Bagendit were introduced to various layers of domestic and foreign investors. He hopes that after this, other areas in Garut can also attract investors. "It gives us hope that investment will really enter Garut Regency, at this time we (offer) Situ Bagendit, the day after tomorrow we will try others, not just Bagendit," he concluded. SOURCE

Aug, 14 2024

Bank Indonesia is Optimistic That West Java's Economic Growth will be On Target

jabar.jpnn.com, BANDUNG CITY - Bank Indonesia is optimistic that West Java's economic growth will still be on target in the range of 4.6% to 5.4% in 2024. Global geopolitical challenges and declining purchasing power are the main concerns by encouraging the investment, export, and economic sectors. and digitalization. Deputy Head of the West Java Bank Indonesia Representative Office, Muslimin Anwar, said that West Java's economic growth in the second quarter of 2024 was recorded as growing by 4.95% (year on year/yoy), higher than the previous quarter which grew 4.93% (yoy ). This growth was driven by increased domestic consumption, improved export activity and increased investment. Sectors that contribute greatly to economic growth include the agricultural sector, processing industry, transportation, warehousing and trade. "West Java's economy is expected to continue to grow positively in the range of 4.6% to 5.4%, driven by strong domestic demand, increased community mobility, and infrastructure support that continues to develop," said Muslimin, quoted on Tuesday (8/10 /2024). However, Anwar explained, there are several challenges that must be anticipated, including global uncertainty which has an impact on export demand, as well as potential disruption in the agricultural sector due to the El Nino phenomenon. Bank Indonesia is optimistic that the policies implemented, such as industrial downstreaming and accelerated digitalization, will have a positive impact on the economy of West Java. One positive indicator of the West Java economy is controlled inflation. Until September 2024, West Java recorded inflation of 2.09% (yoy). West Java's annual inflation target of 2.5% is still on track. "Bank Indonesia will continue to strengthen synergies with various parties to maintain economic stability and support sustainable growth in West Java, one of which is maximizing the role of the TPID (regional inflation control team)," he said. From the investment sector, Anwar revealed that West Java investment realization in the second quarter of 2024 reached IDR 63.7 trillion. This achievement makes West Java the province with the highest investment realization in Indonesia. The processing industry, information communications and real estate sectors are the sectors most popular with investors, with Japan, South Korea and Singapore as the main investor countries. Muslimin explained that digitalization and infrastructure are also the keys to encouraging West Java's economy to continue to grow and develop. "Digitalization has created huge opportunities for economic growth. "Currently, West Java has the most QRIS users nationally, which shows that digital transformation is underway," said Muslimin. In August 2024, there will be more than 11 million QRIS users in West Java. Meanwhile, the number of registered merchants will reach 7.3 million, the majority of which come from from micro businesses. He added that digitalization of payments not only encourages transaction efficiency, but also empowers micro and small businesses. In line with digitalization, BI West Java also emphasizes the importance of infrastructure development to support sustainable economic growth. Infrastructure such as toll roads and connectivity in the northern and southern regions of West Java, especially the Cisumdawu and Bocimi toll roads, make a significant contribution to increasing community mobility and distribution of goods. "This infrastructure project will continue to be pushed so that it can have maximum impact on the regional economy," said Anwar. The political year 2024, said Muslimin, will also encourage an increase in domestic consumption driven by political activities. It is hoped that the momentum of the election will be able to support people's purchasing power, as well as strengthen the optimism of business actors after the election. "New economic development in the tourism, agricultural and other sectors is one way to face future global challenges," he said. Meanwhile, academic from the Faculty of Economics and Business (FEB) at Padjadjaran University (Unpad) Ari Tjahajawandita said that synergy between parties is one of the keys so that the West Java economy can continue to grow to face various challenges in the future. Ari proposed that the government can encourage and stabilize the economic sector which is already growing. Second, the government must improve the economic sector which is currently sluggish. "So what came down was to boost West Java's economic growth," said Ari. Even though West Java's economic condition is quite good, Ari believes that the government must put itself in a pessimistic position as an anticipatory step if it does not meet the target. "If we are optimistic, the fear is that we want to improve but it turns out the achievements are low," he said. Therefore, the government must be able to increase household consumption through government spending and investment. "If we want to encourage consumption, of course it must be supported by purchasing power. So the key is that purchasing power must be encouraged. There is also government spending, company investment and exports," he said. (SOURCE)

Oct, 08 2024

Entrepreneurs Owning 50 Ha of Land Are Encouraged to Build Industrial Estates

Purwakarta: The Ministry of Investment and Downstream Development/Investment Coordinating Board (BKPM) is encouraging businesses with 50 hectares (ha) of land available and close to toll road access to develop industrial estates. "If the land is sufficient, not far from the toll road and with an area of more than 50 hectares, entrepreneurs in that area can be directed to establish industrial estates," said Abdul Qodir, Director of Region III of the Ministry of Investment and Downstream Development/BKPM, at the inauguration of Tata Metal Lestari's Kirin Project in Purwakarta, as quoted by Antara, Monday, January 26, 2026. The development of the 50-hectare industrial estate is based on the National Industrial Development Master Plan (RIPIN) until 2035 through the establishment of Industrial Growth Center Areas (WPPI), Industrial Designation Areas (KPI), and the development of Industrial Estates and Small and Medium Industry (SMI) Centers. Several conditions allow for the development of a 50-hectare industrial estate, including the need for thematic development areas, such as tobacco, marine and fisheries products, textiles, and digital industries, which are divided according to the development areas of the Java and non-Java WPPI (Indonesian Investment Coordinating Board) (WPPI). In addition, due to the limited land available for KPIs within a single district/city, as well as the policy of accelerating industrial development in strategic areas such as Special Economic Zones (KEK) or Free Port and Free Trade Zones (KPBPB), He stated that the government is actively facilitating and overseeing the resolution of various problems and obstacles faced by business actors, particularly in the licensing and investment project implementation stages. According to him, this support is provided from the time business actors submit permit applications through the Online Single Submission (OSS) system, especially for projects with large investment values, which generally exceed hundreds of billions of rupiah, even reaching trillions of rupiah. Encouraging Accelerated Investment Realization Abdul Qodir said that the Investment Coordinating Board (BKPM) proactively contacts company managers via email and instant messaging to ensure the progress and timeliness of investment realization. He emphasized that accelerating investment realization will have a direct impact on the accelerated completion of development projects. This will ultimately create a significant multiplier effect on the economy surrounding the project sites, from job creation to growth in local economic activity. Abdul Qodir also revealed that the achievement of national investment realization in 2025 showed very positive performance. Based on his office's records, investment realization in 2025 reached IDR 1,931.2 trillion, equivalent to 101.3 percent of the target of IDR 1,905.6 trillion. At the regional level, West Java Province has again recorded the highest investment realization for three consecutive years. Despite often being cited for having relatively high regional minimum wages (UMR), Bekasi, Bogor, and Karawang regencies consistently rank among the top three investment contributors in West Java. [SOURCE]

Jan, 28 2026

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