Read News

Cirebon Encourages Property Investment with BPHTB and PBG Tax Elimination

Mar, 18 2025

Cirebon Encourages Property Investment with BPHTB and PBG Tax Elimination

Bisnis.com, CIREBON - The Cirebon Regency Government (Pemkab) hopes that the elimination of Land and Building Acquisition Fees (BPHTB) and Building Approval (PBG) can encourage investment growth in the property sector.

This step is considered strategic to make it easier for people to own their first home while increasing Regional Original Income (PAD).

Acting Regent of Cirebon Wahyu Mijaya said that the policy is expected to attract investors to invest in Cirebon Regency. He believes that the growing property sector will have a positive impact on the regional economy.

 

"We really hope that the elimination of BPHTB and PBG can trigger investment in the property sector in Cireoon Regency. This is our effort to encourage investors to come and contribute to regional development," said Wahyu in Cirebon, Monday (13/1/2025).

 

In addition to encouraging investment, Wahyu explained that this policy will provide great benefits for the community, especially in making it easier for them to own their first home. By eliminating BPHTB, the community can reduce the burden of costs which are usually the main obstacle in the home buying process.

 

"This policy not only benefits investors, but also the general public, especially those who want to own their first home. With lower costs, we hope that more residents will be able to own decent housing," he said.

 

Positive Impact on Regional Income

 

Furthermore, Wahyu emphasized that this policy will also have a positive impact on regional original income (PAD). He is optimistic that increasing investment activities in the property sector will provide a significant contribution to regional income through various related sectors.

 

The elimination of BPHTB and PBG is a strategic step to increase the competitiveness of Cirebon Regency as an investment destination. He hopes that this policy can attract the attention of large property developers to make Cirebon Regency one of the development priorities.

 

"Cirebon Regency has great potential to become a new center of economic growth in West Java. With this policy, we want to show that Cirebon is an investment-friendly area, especially in the property sector," said Wahyu.

 

In addition, he hopes that this policy can be implemented optimally so that its benefits can be felt by the entire community. He also invited business actors in the property sector to take advantage of existing opportunities to support regional development.

 

"We invite all investors and property developers to come to Cirebon Regency. Together, creating an environment that supports economic growth, while providing decent housing for the community," concluded Wahyu.

 

[SOURCE]

Other News

West Java Regional Secretary Herman: Collaboration is the Key to the Success of Advanced West Java

West Java Regional Secretary Herman: Collaboration is the Key to the Success of Advanced West Java

BANDUNG - Collaboration between the Regional Government of West Java Province and the regional government of districts/cities in West Java is one of the keys to the success of developing West Java. "If the Provincial Government's performance is cool and the performance of the city districts is cool, then we can overcome problems such as poverty, unemployment and stunting. If we are consistent, united, there will definitely be a solution," said West Java Regional Secretary Herman Suryatman after being appointed as West Java Regional Secretary in the Gedung Sate Hall, Kota. Bandung, Monday, (1/4/2024).   Herman said that the position as West Java Regional Secretary entrusted to him was a mandate that must be maintained and carried out as well as possible. "This trust will be well maintained, solely for the Provincial Government and the people of West Java," he said.   Herman added that this must be undertaken by the governor together with all regional components in West Java. "I will identify and explore the directions for joint 'PR' with several SKPD regarding follow-up," said Herman.   He said that the Regional Secretary has a key performance indicator (KPI), namely General Bureaucratic Reform with a target of 80.75 points.in 2024, where in 2023 it will still be 79.26. "So we have to increase approximately 1.5 points. There is one KPI but in the sub-indicator breakdown there are 26 items. I will make an Action Plan in the shortest possible time," he said.   (SOURCE)

Apr, 04 2024
Recording Achievements, West Java Wins First Best Investment Services Award 2024

Recording Achievements, West Java Wins First Best Investment Services Award 2024

BANDUNG, PRFMNEWS - The West Java Provincial Government has once again recorded a brilliant achievement by winning the first best award in the 2024 Investment Services Award (ALI).   This award was given by the central government for the extraordinary performance of the West Java Provincial Government through the One Stop Integrated Services and Investment Service (DPMPTSP) in implementing One Stop Integrated Services (PTSP) and accelerating business implementation.   This recognition reflects West Java's strong commitment to creating a conducive and friendly investment climate for business actors.   In the 2024 Investment Services Award in the Provincial category, the West Java Provincial Government beat its two closest competitors, namely the Maluku Provincial Government as Second Best and the South Sumatra Provincial Government as Third Best.   The award was received directly by the Acting Governor of West Java Bey Machmudin from the Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani witnessed by the Minister of Home Affairs Tito Karnavian and the Minister for Administrative Reform and Bureaucratic Reform (PANRB) Abdullah Azwar Anas at Hotel Mulia, Jakarta, Monday 30 September 2024.   Bey said that DPMPTSP's hard work was not in vain and this award showed that their performance was very good and not in vain.   Bey hopes that investment can have a positive effect on alleviating a number of macro problems in West Java.   "With the influx of investment, hopefully more jobs will be available. "And of course the West Java Provincial Government must also prepare its link and match program," he said.   According to him, ALI 2024 should be a motivation to encourage continued innovation for better public services. "So the point is, don't just be satisfied with receiving this award, but you also have to continue to innovate. "The most important principle is that every West Java Provincial Government policy must be able to improve people's welfare," he said. The success and achievements of ALI 2024 cannot be separated from the various innovative programs carried out by the West Java DPMPTSP staff. Head of West Java DPMPTSP Nining Yuliastiani said these programs not only speed up the licensing process, but also facilitate access for business actors throughout the province.   Some of the superior programs that have contributed greatly include: Provincial Integrated Service Center (P2TP): 1) This program provides integrated services to make it easier for the public and business actors to obtain permits and other services quickly and precisely. 2) Sakiceup Bos (Facilities for Business Actors to Work On the Spot): This service allows business actors, especially MSMEs, to get direct assistance from the government in processing permits at their business location. 3) Sampeurin UMK Car: Service car facility that specifically reaches micro, small and medium enterprises (MSMEs) in various remote areas of West Java, bringing services directly to where they are. 4) Cinematography of Investment Festival (CIFEST): An event to introduce investment potential in West Java through videography, as well as promote local MSEs. 5) West Java Investment Summit (WJIS): The largest investment exhibition in Indonesia which brings together investors with the government and business actors, creating opportunities for cooperation and strategic investment. 6) Investment Roadshow: This program brings various investment opportunities in West Java to the national and international level, encouraging the entry of new investment into various potential sectors. 7) Investment Challenge: An innovation competition that invites districts and cities in West Java to be actively involved in developing and promoting investment opportunities in West Java.   This achievement is also reflected in West Java investment realization data which shows a positive trend. In 2023, West Java's total investment realization will reach IDR 210.6 trillion, with the largest contribution coming from the housing sector, industrial & office areas being the sectors with the largest investment realization.   "Meanwhile, in the first semester of 2024, investment realization reached IDR 128.3 trillion, showing stable growth and optimism for the future of investment in West Java province," he said.   Nining said this award further strengthens West Java's position as the main investment destination in Indonesia. According to him, the West Java Provincial Government, through DPMPTSP, is committed to continuing to improve service quality and opening up more opportunities for investors to contribute to regional economic development.   (SOURCE)

Oct, 01 2024
Karawang to Invest Rp2.3 Trillion in Absorption of 3,000 Vocational School Graduates

Karawang to Invest Rp2.3 Trillion in Absorption of 3,000 Vocational School Graduates

KARAWANG, TINTAHIJAU.COM – The West Java Provincial Government signed a memorandum of understanding (MoU) with PT Deli Indonesia Office Technology regarding cooperation to accelerate industrial development in West Java.   The signing was carried out by West Java Governor Dedi Mulyadi at SMKN 1 Karawang on Wednesday (January 28, 2026).   At the same location, the West Java Provincial Government also signed an MoU with PT CBL Solusi Logistik regarding the development of the Cikarang-Bekasi Laut Inland Waterways route, as part of a strategy to strengthen logistics connectivity and reduce industrial distribution costs.   The Governor, familiarly known as KDM, emphasized that the influx of large investments must have a direct impact on local employment and strengthening vocational education.   "Every new company in West Java must prioritize local residents for recruitment. Industry shouldn't just be established, it must also improve community welfare," he stressed.   KDM stated that vocational high school students are given the opportunity for three months of industrial work experience. Upon graduation, they can be recruited directly without additional selection if they meet company standards.   This step is seen as a concrete effort to align industry needs with the educational world (link and match), while simultaneously reducing the unemployment rate of vocational high school graduates, which has long been a structural problem in industrial areas.   Furthermore, the West Java Provincial Government is also preparing a program to improve human resource competitiveness through foreign language courses for 40 students from SMKN 1 Karawang.   "20 students are learning Mandarin and 20 students English. There's a lot of investment from China, and they need translators. Six months is enough to provide basic work communication," said KDM.   The training will be fully funded by the West Java Provincial Government and will last for six months.   Furthermore, KDM reminded investors to comply with labor regulations, including regarding wages. Karawang Regency currently has the highest minimum wage in West Java at IDR 5.88 million.   US$150 Million Investment, Absorbing 3,000 Workers   PT Deli Indonesia Office Technology is scheduled to begin construction of an office equipment factory in March 2026, producing attendance machines, paper shredders, and office stationery.   The President Director of PT Deli Indonesia, Huang Le, stated that the project is targeted for completion in 2027, with an investment of approximately US$150 million, equivalent to Rp2.3 trillion.   "We have been preparing recruitment efforts from the start to ensure that incoming human resources match industry needs. When fully operational, the factory will employ around 3,000 workers," he said.   The principal of SMKN 1 Karawang, H. Rosli, welcomed the policy connecting schools with the industrial world.   "Third-grade students will graduate in May, so we are starting to prepare them through internships. This includes alumni who are still looking for work," he said.   One student, Adam Gumelar, expressed optimism about the collaboration because it provides certainty about their career path after graduation.   In addition to the manufacturing sector, the West Java Provincial Government is also promoting the transformation of the logistics system through the construction of the Cikarang-Bekasi Laut Inland Waterways.   "This sea canal runs from Babelan to Tanjung Priok, and will eventually reach Patimban Port. This is a traffic-free and more efficient alternative for freight transportation," explained KDM.   According to him, this project is crucial for reducing dependence on land routes, which have been a source of congestion and high logistics costs in the Karawang-Bekasi industrial area.   The West Java Provincial Government is not allocating funds for this collaboration, but is providing licensing support to logistics companies.   KDM is also encouraging SMKN 1 Karawang to open a logistics or maritime major to create a local talent pipeline ready to meet the needs of the maritime transportation sector and supporting industries.   "Industry, education, and infrastructure must work together. If integrated, Karawang and West Java can become strong and sustainable industrial centers," he concluded.   [SOURCE]

Jan, 30 2026
From Plastic Waste to Economic Value: Creative Economy Seeks Trillion-Rupiah Investments

From Plastic Waste to Economic Value: Creative Economy Seeks Trillion-Rupiah Investments

Amid the growing challenge of plastic waste accumulation that continues to threaten the environment, a remarkable economic opportunity is emerging. In the hands of creative artisans, plastic waste that was once considered a burden is being transformed into high-value products capable of generating income and stimulating economic activity. This phenomenon demonstrates how innovation and creativity can turn environmental challenges into sustainable business opportunities.   At a production workshop in the Karasak area of Bandung, West Java, the process of converting plastic waste into marketable products is taking place on a daily basis. Skilled craftsmen produce a wide range of creative goods, from small keychains to functional furniture such as sturdy chairs. This process goes beyond conventional recycling; it represents the art of transforming discarded materials into valuable commodities. The conversion of plastic waste into finished products highlights the important role of the creative economy particularly the craft sector in creating added value from resources that are often overlooked.   Recognizing the sector’s potential, the Indonesian government has identified the creative economy as a strategic driver of future economic growth. The Ministry of Creative Economy projects significant investment inflows in the coming years. By 2027, leading creative economy subsectors including culinary arts, fashion, and crafts are expected to attract investments ranging from IDR 133.74 trillion to IDR 157.65 trillion. These ambitious targets reflect the sector’s ability to create jobs, improve community welfare, strengthen local potential, and promote more balanced regional development. As a result, investments in the creative economy are expected to generate substantial multiplier effects across the broader economy.   The successful transformation of plastic waste into valuable products extends beyond financial gains. It also promotes environmental awareness while empowering local communities. Behind every recycled-plastic keychain or chair lies a story of how waste can be given a second, more meaningful life. The process—from collection and sorting to cleaning, processing, and remanufacturing—requires expertise, precision, and dedication. This creates employment opportunities across the value chain, from waste collectors who supply raw materials to designers and artisans who turn them into aesthetically appealing and functional products.   The positive impact of such initiatives is particularly evident within local communities. Household incomes can increase significantly through the creation of new business opportunities. By leveraging local resources and creativity, the resulting products often reflect unique cultural identities and regional wisdom. This not only strengthens local branding but also opens access to wider domestic and international markets for Indonesian creative products. The presence of production houses such as Replast.Lab in Bandung serves as a compelling example of how creativity, technology, and economic vision can work together to deliver meaningful results.   The government understands that achieving these ambitious investment targets requires a supportive ecosystem. This includes favorable policies, improved access to financing, human resource development through training programs, and broader promotion of creative economy products. Investment in this sector will not only strengthen existing industries but also encourage the development of new innovations capable of addressing contemporary challenges, including environmental issues such as plastic waste management.   More importantly, a creative economy built around plastic waste management contributes to the development of a sustainable circular economy. Materials that once polluted the environment are transformed into valuable resources. Many of the products created are designed for durability and, in some cases, can be recycled again at the end of their life cycle. This represents a true circular economy model, where each stage of production adds value while minimizing environmental impact.   For this reason, increasing investment in the creative economy particularly in waste management and recycling-based industries is becoming increasingly important. With the right support, artisans and entrepreneurs in this sector can continue to grow, create employment opportunities, and make significant contributions to national economic development. The transformation of plastic waste into economic value is no longer merely an aspiration; it is an expanding reality driven by innovation, entrepreneurship, and a strong commitment to sustainability.   [SOURCE]

Jun, 18 2026
Bank Indonesia West Java Encourages Economic Growth Through Investment and New Economy

Bank Indonesia West Java Encourages Economic Growth Through Investment and New Economy

TRIBUNJABAR.ID, BANDUNG - Global geopolitical challenges and declining purchasing power are the main concerns by encouraging the investment, export and digitalization sectors. Bank Indonesia is optimistic that West Java's economic growth will still meet the target in the range of 4.6 percent to 5.4% in 2024.   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 at 4.95% (year on year/yoy), higher than the previous quarter which grew at 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 Anwar, at the Road to West Java event Journalist Competition, Friday (4/10/2024)   Anwar explained that 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.   However, Bank Indonesia is optimistic that the policies implemented, such as industrial downstreaming and accelerated digitalization, will have a positive impact on the West Java economy.   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. Anwar explained that digitalization and infrastructure are also the keys to encouraging West Java's economy to continue to grow and develop.   “Digitalization has created great opportunities for economic growth. "Currently, West Java has the most QRIS users nationally, which shows that digital transformation is underway," he said.   In August 2024, there will be more than 11 million QRIS users in West Java. Meanwhile, the number of registered merchants reached 7.3 million, the majority of which came from micro businesses. He added that digitalization of payments not only encourages transaction efficiency, but also empowers micro and small businesses.   The political year 2024, said Anwar, 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.   (SOURCE)

Oct, 07 2024

Get In Touch

Get in touch with us by filling out the form. Whether you expanding your business to West Java or buying goods from West Java, our team is ready to assist you every step of the way.

Go to Contact Form