News - Coming Soon to West Java, This Toll Road Has an Investment Value of IDR 4 Trillion, and is a Continuation of the Bocimi Toll Road

Coming Soon to West Java, This Toll Road Has an Investment Value of IDR 4 Trillion, and is a Continuation of the Bocimi Toll Road

Mar, 20 2025

LENGKONG, AYOBANDUNG.COM — West Java will soon have a new toll road that is planned to be included in the 2025 budget.

The toll road that will soon be present in West Java will later become the Bocimi or Bogor-Sukabumi Toll Road project.

This toll road in West Java has an investment value of IDR 4 trillion.

The toll road that will soon be built in West Java connects Ciranjang-Padalarang.

This toll road is 24 km long and has a number of lanes of 4 lanes x 2 directions (initial stage) 6 lanes x 2 directions (final stage).

In addition, this toll road is also built with Lane width: 3.6 meters Outer shoulder width: 3 meters Inner shoulder width: 1.5 meters Median width: 3.8 meters.

This toll road also has an investment value of IDR 4 trillion with functions other than connecting Ciranjang-Padalarang and connecting to the Bocimi 1 and 2 toll roads.

This toll road is also connected to the West-East Sukabumi and Cianjur-Bandung toll roads, which are also often called BoSuCiBa: Bogor-Sukabumi-Cianjur-Bandung.

Later, this toll road will be built through the Padaleunyi Toll exiting network.

The construction of this 24 km toll road will begin in 2025 and is targeted to be completed in 2029.

The scheme for the construction of this toll road is government and business entity cooperation (KPBU) funding.

Currently, the progress of the construction of the Ciranjang-Padalarang Toll Road has reached the land acquisition stage.

The presence of this toll road is also expected to improve the community's economy and reduce congestion in the Padalarang, Citatah, and Cipatat areas.***

(SOURCE)

West Java DPMPTSP Predicts This Year's Investment Target to Reach IDR 250 Trillion

INILAHKORAN, Bandung - Head of the West Java Investment and One-Stop Integrated Services (DPMPTSP) Department, Nining Yuliastiani, predicts that the investment realization target in 2024 could reach IDR 250 trillion. Nining said that in fact the central government had not yet conveyed the targets for each province for 2024 regarding investment realization. However, Nining said, if you look at 2023. Where it is possible that West Java will be charged with the same percentage target, then the figure will clearly increase from IDR 188 trillion in 2023, to IDR 250 trillion this year. "We haven't (received the target). In 2023, the (national) target was IDR 1,400 trillion, we got a share of IDR 188 trillion. Around 14 percent. This year (the central government is targeting) IDR 1,650 trillion. If positioned the same, around IDR 250 trillion (target "West Java investment realization will be in 2024). But we don't have the predictions yet," said Nining in Bandung City recently. In 2023, from January to September investment in West Java was dominated by foreign investment (PMA) around 60 percent and domestic investment (PMDN) around 39 percent. The largest investment point is Bekasi Regency amounting to IDR 41.5 trillion, then Karawang Regency IDR 35.1 trillion, Bogor Regency IDR 12 trillion, Purwakarta Regency IDR 10.7 trillion and Bekasi City IDR 8.6 trillion. There are five sectors that investors are interested in, namely transportation, warehouse and communications worth IDR 28.8 trillion. The investment sector for housing, industrial areas and offices is IDR 19.5 trillion. Metal machinery and electronics industry sector IDR 16.2 trillion. Motor vehicle and other means of transportation industry with an investment value of IDR 15.8 trillion. With this achievement, labor absorption from January-September 2023 was 192,414 people, with details of 96,680 workers absorbed in PMA investment and 95,734 workers absorbed in PMDN investment. It is possible that in 2024, dominance will not be much different with the addition of several channels that can be offered, namely the Rebana Triangle Area, South West Java and Ciayumajakuning. (Yuliantono) (SOURCE)

Jan, 15 2024

West Java DPMPTSP Selects Potential Investors Through Investment Challenge

The Department of Investment and One Stop Integrated Services (DPMPTSP) together with Bank Indonesia are collaborating to encourage economic growth in West Java through the investment side. In 2024, DPMPTSP and BI in the Regional Investor Relations Unit (RIRU), collaborate to organize an Investment Challenge. The Investment Challenge is an innovation from both of them in the form of holding a competition as part of an effort to increase the number of Investment Projects Ready to Offer in West Java. In this first event, the competition focused on exploring the potential of districts/cities throughout West Java. The series of activities include capacity building, preparing a business model canvas, preparing a pitch deck and pitch presentation. Head of DPMPTSP Nining Yuliastiani said that all Investment Challenge events will produce 2 (two) superior investment projects from Regencies/Cities which will have the opportunity to receive assistance facilities for preparing Feasibility Studies and Business Cases. Furthermore, this facility also has the potential to continue to provide opportunities to participate in investment promotion activities with potential foreign investors, as well as assistance in carrying out business matching. In this Investment Challenge there are 3 selection stages, namely the top 10 best Business Model Canvas (BMC), the 5 best BMC and finally the 2 best BMC will be produced. The Investment Challenge event, Investment Roadshow is part of a series of road to West Java Investment Summit (WJIS) 2024 as a form of innovation and sustainable efforts from RIRU BI West Java together with the West Java Provincial Government to encourage the realization of West Java investment thematically to support sustainable economic growth. "We have carried out the 2024 Investment Challenge together with the West Java Provincial Government starting in early 2024 with the number of participants / curated investment projects reaching 26 investment projects," said Kpw BI West Java Muhamad Nur. WJIS 2024 will be held in September or October 2024 with the theme "Unlock West Java Potential." (rep guh) (Source)

Jun, 26 2024

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

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

IDR 14 Trillion Investment Liquid, This Toll Road in West Java Will Start Construction in 2025, Cuts Travel Time to 3 Cities by 2 Hours

LENGKONG, AYOBANDUNG.COM - President Prabowo Subianto has again instructed the construction of the newest toll road in West Java. The infrastructure development which is included in the seven priority toll road projects is a National Strategic Project. The Ministry of Public Development in coordination with the Toll Road Supervisory Agency (BPJT) will immediately realize the construction of this toll road in West Java in 2025. For information, West Java is one of the provinces that is the main target of the government's long-term development. Considering that the province is 35,377.76 square kilometers with a population of 50,489,208, it requires accelerated development of infrastructure and facilities that continue to develop. The 45-kilometer toll road is one of the mega projects that supports smooth connectivity for residents. The construction of the Sukabumi-Ciranjang-Padalarang toll road is one of the work programs of the PU Ministry which will be realized until the target completion in 2029. The toll road with an investment value of Rp14 trillion is the government's effort to improve transportation infrastructure. The construction of the Sukabumi-Ciranjang-Padalarang Toll Road will use the Government and Business Entity Cooperation (KBPU) scheme. The construction of this toll road consists of two stages: 1. The first stage of construction of the Sukabumi to Ciranjang route is 21 kilometers long. 2. The second stage of construction of the Ciranjang to Padalarang route is 25 kilometers long. Until now, the land acquisition process continues as an initial step in the construction of this toll road. Some of the objectives of the Sukabumi-Ciranjang-Padalarang Toll Road are as follows: 1. Reducing congestion This toll road will be an alternative for road users with high mobility so that they can avoid congestion that often occurs in the Bandung, Sukabumi, and Cianjur areas. 2. Facilitating the distribution of goods In the field of trade, the operation of the Sukabumi-Ciranjang-Padalarang toll road can facilitate the flow of distribution of goods being traded. 3. Improving the local economy If this toll road can be used efficiently, then the economic activities of the community will be smoother and have an impact on improving the local economy. 4. Facilitate mobility If the distance between cities is quite far and takes a lot of time, then the use of this toll road can be very effective. It is estimated that road users can cut the travel time from Sukabumi to Padalarang which is usually 2 hours 28 minutes to only 30 minutes. 5. Increase tourism potential If people's mobility is smoother, then traveling if you want to travel in Sukabumi or Ciranjang and Padalarang will be more affordable and easier. This will certainly have an impact on increasing tourism potential in the area.*** (SOURCE)

Mar, 14 2025

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