News - Dedi Mulyadi Revises West Java's 2026 Regional Budget Deficit, Decreasing to IDR 3.4 Trillion

Dedi Mulyadi Revises West Java's 2026 Regional Budget Deficit, Decreasing to IDR 3.4 Trillion

Sep, 18 2026

PenaKu.ID – West Java Governor Dedi Mulyadi has revised the initial projection of the 2026 West Java Regional Budget (APBD) deficit. After reconciliation, the potential deficit, which was previously estimated at IDR 5.7 trillion, has now decreased to IDR 3.4 trillion.

Dedi said the reduction in the deficit was achieved after the West Java Provincial Government conducted a reconciliation of the regional financial condition.

"Finally, the deficit was reduced from Rp5.7 trillion to Rp3.4 trillion," said Dedi Mulyadi, Friday (September 11, 2026).

Dedi Mulyadi: Tax Revenue Sharing Funds Not Yet Paid

According to Dedi, the potential deficit in the 2026 West Java Regional Budget is influenced by several factors. One of these is the unpaid tax revenue sharing from the central government to the West Java Provincial Government from 2023 to 2026.

Apart from the issue of tax revenue sharing, cigarette excise revenue this year also did not reach the set target.

Another factor comes from electric vehicles which are not subject to motor vehicle tax.

Massive Development Contributes to the Deficit

Dedi also stated that the massive development implementation in various regions of West Java was one of the factors contributing to the potential 2026 regional budget deficit.

This development was carried out to reach remote areas in West Java.

Given these conditions, the West Java Provincial Government estimates that there is still a potential deficit of IDR 3.4 trillion.

Dedi Mulyadi Considers Loan to PT SMI

To address the potential deficit, the West Java Provincial Government is considering applying for a loan from PT Sarana Multi Infrastruktur (SMI), a financial management company under the Ministry of Finance.

Dedi explained that the loan repayment will use revenue sharing funds from the central government which are still receivables of the West Java Provincial Government.

"We applied for a loan from PT SMI, and the Ministry of Finance paid because we have outstanding receivables," said Dedi.

However, the loan application plan has not yet been finalized. The West Java Provincial Government will first assess the region's financial capacity.

If the West Java Provincial Government's cash flow is still sufficient to meet budget needs, a loan to PT SMI will not necessarily be requested.

[Source]

Luhut Inaugurates Athletics Training Center in Pangalengan Bandung, Focuses on Creating World Class Athletes

JABAR EKSPRES – General Chairman of the Executive Board of the Indonesian Athletics Association (PB PASI) who is also the Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut Binsar Pandjaitan, inaugurated the new athletic training center in Banjarsari Village, Pangalengan District, Bandung Regency, Thursday (10 /10/2024). Present at the event were the Minister of Youth and Sports (Menpora) Dito Ariotedjo, the Acting (Pj) Governor of West Java Bey Machmudin, and the West Java Regional Police Chief Inspector General Pol Akhmad Wiyagus as well as several related stakeholders. This facility was built on 10 hectares of land in collaboration with BUMN and various other parties, and is intended as a training facility for national athletes with the aim of producing world-class athletes. According to Luhut, the establishment of this athletic facility has been a dream of PB PASI for decades, because they often use the Madya Stadium as a training ground. “Yes, I think this is PB Pasi's dream for decades. So, we have been depending on training at the Madya Stadium. "Moreover, the air pollution is very bad there," he said when met. According to him, this development plan was carried out three years ago and was even approved by President Jokowi. "And the President agrees, President Jokowi. We will do this, we got 10 hectares of this land from BUMN too," he said. Luhut added that the construction of this training was carried out at an international standard, from stadiums to training grounds. “I think the standards are international standards. There are 90 people from national housing for rooms for athletes. The gym is also good, there is hot water, the kitchen is also very good. "There is also a place to wash clothes, use coins, the water is also good," he said. This training center is also planned as a competition venue which can function as a "training center" for national athletes. According to Luhut, quality training facilities and housing are the keys to developing athletes who are able to excel. “Good athletes are born from good training and facilities too. The hostel must have hot water, good food, a good place to rest. We must appreciate those who excel and give bonuses. "Don't let our athletes die of cold," stressed Luhut. Luhut also considers that Pangalengan is an ideal location for athletics because it has fresh air and a supportive atmosphere, different from big cities which are full of activity. He called West Java a repository for potential athletes and hoped that this training center would become the birthplace of world-class athletes. "West Java is a warehouse for athletes, there is no reason we cannot create world-class athletes," he said. Based on field observations, the training center facilities in Pangalengan are projected to be able to accommodate up to 100 athletes and are equipped with facilities and infrastructure for all athletics events such as an 8 track running track, 100 meter extra sprint track, long and triple jump, javelin throw. Apart from that, there are also steeplech tracks, discus throw, hammer throw, pole vault, shot put, high jump, hill run facilities and spectator stands. There are even several other supporting facilities also prepared, such as a gym, athlete changing rooms, classrooms, dormitory buildings and large vehicle parking. (SOURCE)

Oct, 10 2024

West Java Regional House of Representatives Urges PT Sangga Buana to Become an Investment Holding Company to Boost Locally-Generated Revenue

INILAHKORAN.ID – The West Java Regional House of Representatives (DPRD) holds high hopes for the establishment of PT Sangga Buana (Perseroda), a regional investment holding company currently being deliberated by Special Committee (Pansus) XVIII on the Draft Regional Regulation (Ranperda). West Java DPRD Member Daddy Rohanady expressed that the parent company must prove itself as a new instrument to boost investment and increase Regional Original Revenue (PAD). According to Daddy, the initiative launched by West Java Governor Dedi Mulyadi aligns with efforts to strengthen the region's economic competitiveness through broader investment networks. “When KDM (Dedi Mulyadi) launched the discourse of creating Sangga Buana as an investment holding company, I truly placed high hopes on it. After all, Danantara at the national level has proven that such models can indeed generate revenue,” Daddy stated when contacted by INILAHKORAN.ID on Wednesday (Aug 26, 2026). However, he reminded that the success of PT Sangga Buana will ultimately be measured by tangible results rather than mere concepts or discourse. “If people express skepticism, that is normal. Indonesians need proof, not just ideas. So now we wait to see what results Sangga Buana will deliver,” he said. Daddy believes the holding company could open wider doors for collaboration, including with international investors, while showcasing West Java's economic potential. “I agree with the spirit behind it. It serves as a way to build networks, hopefully international ones so people pay attention to West Java. We hope this exposes available opportunities and generates additional revenue streams for PAD,” he added. 26 BUMDs Will Not Be DissolvedRegarding the integration of 26 regional state-owned enterprises (BUMDs) into PT Sangga Buana, Daddy emphasized that this move does not mean liquidating or dissolving existing companies. He noted that the integration process must begin with a comprehensive due diligence audit of all BUMDs slated to fall under the holding umbrella. “We hope that prior to December (2026), they will complete due diligence on the 26 companies set to be consolidated under Sangga Buana. But that does not mean the current boards of directors will be dismissed. This is a holding structure think of it as establishing a corporate headquarters at the top,” he clarified. According to him, the holding entity focuses on strengthening governance and business development rather than completely replacing existing operational management. “Just as electing a president does not mean firing all governors, the same logic applies here. While strict evaluations will certainly take place, it does not imply wiping entities out,” he noted. Initial Capital of IDR 125 Billion to Attract InvestmentPT Sangga Buana is projected to receive a total regional capital injection of IDR 500 billion, disbursed incrementally through 2031. For the initial phase, the West Java Provincial Government plans to allocate IDR 125 billion via the 2027 Regional Budget (APBD). Daddy explained that this capital is intended to strengthen the parent entity so it can attract new investment, rather than being disbursed directly to individual BUMDs. “Aside from the IDR 125 billion, we are not allocating extra funds. We expect the holding company to leverage this initial capital to attract external investments both foreign direct investment (PMA) and domestic capital (PMDN),” he said. He hopes the incoming investments will rehabilitate underperforming BUMDs, enabling them to make a larger contribution to the local economy. “If the injected companies recover and turn healthy shifting from a struggling state to financial health across the 26 entities—it will circulate capital within West Java and expand profit margins,” he said.Multi-Term Capital InjectionsRegarding the capital injection scheme extending through 2031 across future gubernatorial terms, Daddy stated that multi-year financing is a standard practice in regional development.He cited capital injections for Kertajati West Java International Airport (BIJB) as an example, which continued across multiple administration changes. “Multi-year capital injections are common. Look at Kertajati BIJB since the era of Governor Aher it has continued across several governors, provided statutory conditions and financial capacity allow it,” he stated. Daddy concluded that sustained capital funding must be accompanied by continuous performance improvements to ensure regional revenue goals are met. “Logically, when capital injections proceed according to plan, we expect Regional Original Revenue to increase accordingly,” he concluded. [Source]

Aug, 26 2026

West Java Governor: Investment Must Benefit Communities and the Environment

Bandung (ANTARA) – West Java Governor Dedi Mulyadi reminded that investment should bring benefits to both the environment and local communities, not the opposite—such as causing water shortages, damaged roads, environmental degradation, or poor access to education and healthcare. “Investment should provide benefits to its surroundings, from the environment to the people,” Dedi said on the sidelines of the 34th Apindo National Working Conference (Rakerkonas) in Bandung, Tuesday (Aug 5). He pointed out that in many cases, companies’ operations have polluted their surroundings, but the compensation provided is often irrelevant or inadequate. “When pollution occurs, it’s the community that suffers first. But in the end, companies only offer compensation in the form of groceries or milk. I reject that. Pollution has nothing to do with giving away food packages,” he stressed. Dedi highlighted the large number of industrial companies producing air, noise, and liquid waste that directly affect residents. According to him, long-term solutions must focus on improving environmental infrastructure. “Fix the waste management system. Don’t just hand out food packages. This has to be corrected immediately,” he said. He also underlined that investment should create employment opportunities for local residents. However, he received reports of HR officers demanding illegal fees during recruitment processes. “There are HR personnel who exploit local people—charging money for jobs. This is a serious issue. Starting August, I will take action in coordination with the police,” Dedi warned. Dedi also vowed to crack down not only on internal corruption within companies, but also on external extortion from irresponsible groups that demand money through proposals or donation requests. “Companies are being taxed twice. After paying official taxes, they are still pressured to contribute to certain events. If they refuse, they are threatened or boycotted. We will put this in order,” he said. From the government side, Dedi reminded local administrations that industrial tax revenues must be used to improve the lives of surrounding communities. “Too often, when tax revenue is distributed, it isn’t used for the benefit of the nearby villages. Instead, the funds go to official trips, not development,” he criticized. To address this, the West Java Provincial Government will re-prioritize development programs in industrial-area villages so that no community feels left behind or is forced to seek unofficial support from companies. “If the village is industry-based, then our focus must be on clean water, road infrastructure, housing for the poor, and schools. Everything must be well provided,” Dedi concluded. [SOURCE]

Nov, 26 2025

To Expedite Investment and Agriculture, West Java Governor Dedi Mulyadi is Ready to Create 600 Hectares of Rice Fields, Located Here

RADAR BOGOR - During a meeting with Minister of Agriculture Andi Amran Sulaiman, West Java Governor Dedi Mulyadi stated that the meeting was a collaboration. “This is part of the collaboration between the central government and regional governments to encourage agricultural growth, downstreaming, and economic growth,” said Dedi Mulyadi. Additionally, the West Java Governor noted the availability of job opportunities. “Approximately 23,000 skilled workers will be hired,” he said. Dedi Mulyadi elaborated that there are investments in Subang Regency, namely VinFast and BYD. “Earlier, it was mentioned that there is an LP2B area, but in fact, the rice fields no longer exist, yet the LP2B designation still appears on the spatial planning map,” he explained. Therefore, the West Java Governor stated that he wants to make adjustments so that investments can proceed and agriculture can be replaced. “I have received a strategic recommendation to replace it threefold. So, if there is an LP2B area called LP2B 200, then 600 hectares of new rice fields will be prepared,” he explained. Dedi Mulyadi emphasized that his party will act quickly and that everything will be located in the West Java region, possibly in the Indramayu region because it is closer to Subang Regency," he stressed. To a number of media crews, the Governor of West Java explained that he would prioritize opening new land in Indramayu. “In Indramayu, there are many areas that have been planted with rice but have not yet been formed into rice fields, still relying on rainwater and the like,” he explained. Dedi Mulyadi also revealed plans to restore the function of vacant PTPN areas. "We will restore their function to agricultural use. Tea will return to tea, coffee to coffee. Rubber will return to rubber, but integrated with agricultural interests," the West Java Governor stated. [SOURCE]

Nov, 26 2025

Here are 5 provinces that have promising investment potential in 2024, which ones are they?

Jakarta – Grant Thornton Indonesia in its report Unraveling Indonesia Prospects in 2024 stated that there are five provinces that will be the center of attention in 2024. The five provinces include North Maluku, Central Sulawesi, East Kalimantan, West Java and Riau. Grant Thornton Indonesia CEO Johanna Gani said that each province has a unique and promising economic landscape, and offers a variety of investment opportunities in the country. Joanna added that this report also provides an in-depth picture of economic conditions amidst global uncertainty and highlights the promising investment potential in the five leading provinces above. "Even though President Joko Widodo's change of leadership has created a wait-and-see attitude among some investors, Indonesia is still able to attract the interest of foreign investors. "Government infrastructure projects, development of the Indonesian Capital City (IKN) and consistent business-friendly policies," said Johanna in a press conference, Wednesday 27 March 2024. In the report, North Maluku was named as the province with the largest investment interest. The reason is, North Maluku is the largest nickel producer in Indonesia. North Maluku also recorded the fastest growth in Indonesia boasting gross domestic product (GDP) growth of 20.5 percent in 2023 driven by the nickel industry. “Investment in nickel mining and related manufacturing offers access to a rapidly growing market driven by global EV (electric vehicle) demand. Coupled with green initiatives, the market also offers a long-term sustainability commitment,” he explained. Then, Central Sulawesi is also another source of nickel. As the highest recipient of FDI in Indonesia, Central Sulawesi offers attractive opportunities for sustainable growth for investors seeking exposure to Indonesia's dynamic nickel landscape. East Kalimantan, is said to be a province that can offer double profits for investors in 2024. Its economy is strong, driven by mining, manufacturing and natural resources. "Now, transformational IKN projects add unprecedented potential, attracting investment in infrastructure, environmentally friendly technology and others," he said. Meanwhile, West Java, which is the manufacturing center in Indonesia, offers investors a proven track record and extraordinary electric vehicle potential. "West Java has become a major competitor and a manufacturing center accounting for 42.9 percent of GDP. West Java now also has rapidly growing electric vehicle battery production," added Johanna. Finally, Riau offers fertile ground for investors looking for sustainable profits in the agribusiness sector. As the largest CPO producer in the country, producing 20 percent of national production, Riau presents unique opportunities in processing palm oil and downstreaming its derivative products. “This growing sector, as well as a diversified economy in the fields of agriculture and mining. "Riau promises stable growth with projected GDP growth of 4.0-4.8 percent in 2024," he concluded. (*) (SOURCE)

Apr, 01 2024

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