News - During 2018-2023, West Java Investment Realization Reaches IDR 838.81 Trillion Absorbing 856.3 thousand workers

During 2018-2023, West Java Investment Realization Reaches IDR 838.81 Trillion Absorbing 856.3 thousand workers

Jan, 12 2024

PORTALJABAR, KOTA BANDUNG - Investment realization in West Java Province continues to show a positive trend. Total investment realization from 2018 to 2023 reached IDR 838.81 trillion, and absorbed 856.3 thousand new workers.

Head of the West Java Investment and One Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, said that investment is the key to development.

"We have seen various achievements and developments carried out by the government in 2023 regarding inclusive, quality development. It can be concluded that investment is the key to development," said Nining in Bewara Jawa Barat (BEJA) Vol. 1 at Gedung Sate, Bandung City, Tuesday (9/1/2024).

“Investment is the most important driver for development. "So, investment development must continue to be carried out," he added.

West Java Province has excelled in achieving investment realization in Indonesia for six consecutive years. Nevertheless, West Java Province continues to explore its potential to create new sectors.

"Looking at what happens in 2023, there are many things to evaluate in developing the investment ecosystem in West Java," said Nining. According to Nining, his party has taken a stance to provide solutions to the challenges that will be faced in the following year, such as geopolitical tensions, climate change, future pandemics, and digitalization.

“I see that the way forward is not easy in terms of increasing investment. "Geopolitical challenges, climate change, pandemics and digitalization are challenges that we (the government) must overcome," he said.

"In 2024, West Java will focus on encouraging the development of renewable-based downstream industries in West Java and encouraging the implementation of the Green Economy in West Java," he added. Apart from that, Nining also said that West Java is not enough just to promote existing potential, but also to create quality human resources. This is the key to investment development.

"The quality of human resources is an asset that becomes an investment, good human resource positions will become a component of economic activity in West Java, and become promotional material for investment assets. "Let's work together to support quality investment," said Nining.

Nining added that West Java's major investment achievements in 2023, both the realization of foreign investment and domestic investment, will continue to be encouraged in 2024, especially if supported by infrastructure and ease of licensing services.

"This will certainly have an impact on better labor absorption," said Nining.

(SOURCE)

Starting in Bandung, Expanding to Bandung Barat, Yanproland: New Magnet for Property Investment

TIMES JABAR, BANDUNG – Bandung Barat is increasingly attracting attention as a promising property investment destination. This area not only offers beautiful natural scenery but is also preparing to become a strategic region with a series of major infrastructure projects that will transform its landscape over the next few years. Behind this development boom is Yana Triana, founder and CEO of Yanproland, who is now actively working on the exclusive Emerald Resort project in the sunrise area of Bandung Barat. Yana sees a golden opportunity here due to relatively affordable land prices, availability of large land areas, and spatial planning that is not as chaotic as in East or South Bandung. He emphasizes that the western region holds extraordinary potential as it will be connected with various new access points, from the Cianjur toll road, Padalarang-Lembang toll road, to Bogor–Cianjur–Bandung (Bicak 2) toll road, which shortens travel time from Bogor to Bandung to about one hour. With this infrastructure, land values are predicted to soar, opening wider economic opportunities. However, Yana stresses that property business cannot run recklessly. Fundamental principles must be followed. The developed land must have clear status, not be in green zones, and free of disputes. Legalities and permits must be clean and clear to ensure project sustainability. Also, good relations with surrounding communities are key. For Yana, property development is not just about building houses but also about driving the local economy and creating comfort for residents around the project. "Emerald Resort is developed with that vision. This project is not only aimed to be an exclusive residential area but also a growth engine for the community's economy. Many jobs are created, from construction workers, security personnel, to daily laborers. New business opportunities also arise, such as convenience stores, restaurants, and supporting service providers. This social impact is what I believe can strengthen the bond between the developer and the community, while improving their living standards," said Yana, a property entrepreneur based in Bandung, Friday (September 12, 2025). "From the market side, the majority of Yanproland’s consumers currently come from Greater Bandung, especially Bandung and Cimahi. But I am optimistic that soon the market will expand to Jabodetabek. The reason is clear, the purchasing power in the metropolitan area is much higher and less price-sensitive. If 80 percent of buyers have been local, going forward, it targets a composition of 50 percent from Greater Bandung and 50 percent from Jabodetabek, accompanied by promotional roadshows to major cities," he explained. Interestingly, Yana does not only focus on physical development. He also pays great attention to human resource development, especially marketing and sales teams. For him, marketers should not remain mere staff but be nurtured into entrepreneurial mindsets. Through various training, he encourages his team to have a big vision, high initiative, and leadership courage. He believes the company’s biggest investment is in its people’s quality. According to him, the training budget should equal the promotional budget. This approach will produce a generation of creative, proactive workers capable of taking the company to the next level. This commitment also responds to concerns from some parties who worry that training might create new competitors. Yana dismisses this notion. For him, the more educated and trained people, the healthier the property industry ecosystem. If some choose to leave and start their own business, it is a success story of mentoring. Those who stay progress to supervisors, managers, or directors, while those who leave can become equal partners. Furthermore, Yana shares a broad view on the nation’s development direction. He believes Indonesia is currently stable and needs to refocus on economic strengthening. He urges society to increase literacy and enrich knowledge with useful content, not just shallow entertainment. With high learning culture and a spirit of building, he believes Indonesia can match developed countries and even compete with Singapore and China in the long term. "Emerald Resort and Yanproland are just small examples of a big dream. In Bandung Barat, an area once overlooked, a new hope is growing. Land that used to cost hundreds of thousands of rupiah per square meter is gradually increasing to millions with incoming investment and development. The presence of exclusive projects not only benefits investors but also opens a better future for surrounding communities," he said. "Ultimately, what I share is a portrait of how vision, discipline, and courage to seize opportunities can create real change. Bandung Barat is no longer just the city’s backyard but a new magnet for investment and a symbol of the rising middle-class craving quality housing. From cheap land and wide areas, a new civilization is born that will help determine West Java’s, even Indonesia’s, economic direction," Yana concluded. [SOURCE]

Dec, 10 2025

Measuring the Attractiveness of Karawang Whoosh Station as an Investment Magnet

Tuesday (24/12/2024) was the first day of operation of Karawang Station which serves passengers on the Whoosh high-speed train operated by PT Kereta Cepat Indonesia China or KCIC. Of the 48 Whoosh train schedules operating during Christmas 2024 and New Year 2025, there are 20 Whoosh trips that stop at Karawang Station. The high-speed train route from Halim Station to Karawang Station located in Wanakerta Village, Telukjambe Barat District, Karawang Regency, West Java, and vice versa, takes 15 minutes. Meanwhile, the route from Padalarang Station in West Bandung Regency to Karawang Station takes 20 minutes. The time for passengers to get on and off at Whoosh Karawang Station is only 2 minutes. In total, the Whoosh trip that serves passengers getting on and off at Karawang Station will experience an additional seven minutes of travel time. When attending the inauguration of Karawang Station, Tuesday, Chinese Ambassador to Indonesia Wang Lutong said that the operation of this station shortens the distance between Jakarta and the Karawang industrial center area, West Java. This condition can increase the attractiveness of Karawang as an investment magnet in the eyes of international investors. Lutong said that Karawang is home to the manufacturing industry, especially the automotive, electronics, and household appliances industries. He added that currently there are at least 50 international companies in the industrial center which is 10 kilometers from Karawang Station. "Going to Jakarta from this area (Karawang) now only takes 15 minutes. Karawang Station presents a new landscape for connectivity between the industrial area, Jakarta, the International Port (Tanjung Priok), and the International Airport (Soekarno-Hatta). In substance, this reduces operational costs so that it will be attractive in the eyes of investors," he said. Talking about investment in Karawang, capital owned by foreign investors has so far dominated the flow of direct investment entering the district with the second largest gross regional domestic product (GRDP) in West Java. Based on data from the Investment and Integrated One-Stop Service Office of Karawang Regency, West Java, investment realization in Karawang until the third quarter of 2024 reached IDR 48.6 trillion. This figure has also exceeded the target set by the Investment Coordinating Board (BKPM) for 2024 of IDR 42.7 trillion. Foreign investment (PMA) dominates the total investment realization, which is IDR 42.05 trillion. The remaining IDR 6.55 trillion comes from domestic investment (PMDN). AllureInfrastructure and urban planning observer from Trisakti University, Yayat Supriatna, said that several years ago he conducted research on the interrelationship of industrial areas in Java and outside Java. The results showed that most industrial areas outside Java only produce semi-finished products. The majority of these semi-finished products are sent to Java, one of which is to the Karawang industrial area. The existence of industry increases the potential for regional growth. "The existence of industrial areas is believed to encourage the growth of Karawang and its surrounding areas," he said. Without the presence of the Karawang KCIC Station, the allure of Karawang Regency as an investment center is already very large. This is considering that Karawang is flanked by three growth centers, namely Jabodetabek, Greater Bandung, and Greater Cirebon, with reliable connectivity in the form of the Trans-Java Toll Road. Karawang is also supported by Tanjung Priok Port in North Jakarta and Patimban Port in Subang. To support transportation hubs in this area, the Jakarta-Cikampek toll road has been developed with the widening of the lanes from West Karawang to East Karawang. "Karawang is like just turning a blind eye, the money comes by itself. When compared to the IKN (national capital), we need an investment of IDR 400 trillion. If the need is IDR 10 trillion per year, that means we need 40 years. Meanwhile, Karawang can approach IDR 29 trillion in one year. This is a big market power," explained Yayat. So cosmeticsThe presence of Karawang Station which is crossed by the Whoosh train is considered only as additional cosmetics to attract investors which can shorten the travel time for individuals from Karawang to Jakarta which is currently still the center of the Indonesian government. The ticket price for the Whoosh train on the Halim-Karawang route and vice versa is IDR 125,000, while for the Karawang-Padalarang/Tegalluar-Summarecon route and vice versa it is priced at IDR 175,000 for premium economy class. As for the business class and first class fares, they are at IDR 450,000 and IDR 600,000. For executive level officials (c-level) in international companies operating in Karawang, the ticket price is certainly very affordable. This is considering that the travel time to Jakarta from Karawang can be shortened to only 15 minutes. Currently, the travel time to KCIC Karawang Station from the economic center of this region in Karawang International Industrial City is around 30 minutes using a four-wheeled vehicle. To access KCIC Karawang Station, passengers using private vehicles from the West Karawang Toll Gate can go via Jalan Badami then enter Jalan Pasar Jati and Jalan Raya Pangkalan. KCIC Karawang Station is connected to the toll road via the West Karawang Toll Gate Kilometer 47 Jakarta-Cikampek. Supporting infrastructureCoordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono when inaugurating the operation of Karawang Station ensured that the government will provide full support to improve connectivity between KCIC Karawang Station and the industrial area in Karawang. The commitment is intended to maximize the economic impact of the station's existence. "The existence of KCIC Karawang Station can increase economic value, community welfare, and expand economic investment not only for Karawang, but also nationally," he said. President Director of PT KCIC Dwiyana Slamet Riyadi said that gradually, the number of train departures will be increased to 62 departures in February 2025. The increase in the number of train departures will be carried out in line with improvements in access and supporting infrastructure connecting the station with the industrial activity center in Karawang. According to Dwiyana, the increase in passengers will be supported by connectivity services, one of which is a free shuttle bus for Whoosh fast train passengers, which connects KCIC Karawang Station with the Summarecon Villagio Outlet shopping center to facilitate passenger mobility. "With complete access improvements, KCIC Karawang Station is targeted to be able to transport 14,000 passengers per day. It is targeted that various infrastructure and supporting facilities for the station to facilitate passenger access can be completed in July 2025," he said. (SOURCE)

Mar, 12 2025

The Threat of Layoffs in Manufacturing Industry Remains High Despite the Flowing Investment

The country's manufacturing industry is not in good shape. Although the flow of investment in the manufacturing industry is relatively heavy, the trend of layoffs in this sector is also relatively large. Referring to the report of the Ministry of Investment / Investment Coordinating Board (BKPM), manufacturing investment realization grew 24.68% year on year (yoy) to IDR 337 trillion in the first semester of 2024. The manufacturing industry contributed 40.6% of the total national investment realization. However, the wave of layoffs continues to occur in the manufacturing industry, especially in the textile and textile products (TPT) sector, which is a labor-intensive sector. The Confederation of Workers Unions of the Archipelago (KSPN) stated that there were 14,500 textile workers who were laid off from the beginning of the year to July 2024. This number has the potential to increase to 15,000 workers given the planned closure of a textile factory in Bandung, West Java in August. Chairperson of the Indonesian Employers Association (Apindo) Shinta W. Kamdani stated that the potential for layoffs in the manufacturing industry still exists, especially in labor-intensive export-oriented sectors such as TPT. This sector has experienced tremendous pressure both in terms of market and business cost inflation. “Other manufacturing subsectors have a less risk of layoffs, but there is potential for a prolonged hiring freeze,” he said on Tuesday (30/7). In general, Apindo estimates that the condition of the manufacturing industry will be more challenging until the end of the year. Apart from being triggered by an increase in business operating costs as a side effect of the rupiah exchange rate correction, people's purchasing power has also not stabilized so that market demand has decreased. Not only that, some businesses are also still waiting and seeing for business expansion due to the government transition. SOURCE

Jul, 31 2024

Investment Needs to be Encouraged to South West Java

PORTALJABAR, BANDUNG CITY - The West Java Provincial Government continues to strive to increase economic growth in all sectors through increasing the investment sector. However, investment growth in West Java is currently not evenly distributed throughout the region. This is the case with investment growth in East Priangan which is considered to be lagging behind growth in other West Java regions. Therefore, West Java DPRD member Yod Mintaraga asked the West Java Provincial Government to encourage investment in the southern part of West Java. "Now investment is still juxtaposed, economic growth in southern West Java is still low, people's purchasing power is still low. Therefore, investment must be encouraged to South West Java," said Yod, last weekend. Yod said that one of the things that must be encouraged in East Priangan is the issue of connectivity or infrastructure. Infrastructure will be able to encourage and facilitate investors to invest well and easily. and easy. "If investment is encouraged to South West Java, the risk is that infrastructure development must also be encouraged to South West Java," concluded Yod. (SOURCE)

Jul, 12 2024

West Java Provincial Government Wins Best P2DN Award 2024

Denpasar City -- The Regional Government of West Java Province (Pemdaprov Jabar) succeeded in winning the 2024 Best Use of Domestic Products (P2DN) Award in the Provincial Government Category together with the Provincial Governments of DKI Jakarta and Lampung. The award was handed over directly by the Indonesian Minister of Industry Agus Gumiwang Kartasasmita to the Head of the Goods and Services Procurement Bureau Gandjar Yudniarsa representing the Acting Governor of West Java Bey Machmudin, witnessed by the Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan and the Indonesian Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno, Thursday (7/3/2024). "Thank God, thanks to our efforts and hard work towards the Use of Domestic Products, this year West Java succeeded in getting the P2DN Award for the achievement of domestic product spending in the 2023 budget year. Thank you to all regional officials who have committed and realized government spending on domestic products. country," said Gandjar. The P2DN Award Awarding Activity was the end of a series of events as well as the closing of the 2024 Business Matching Activity for Shopping for Domestic Products organized by the Indonesian Ministry of Industry in collaboration with the Indonesian Ministry of Education, Culture, Research and Technology which took place at The Meru Sanur, Bali on Monday-Thursday (4- 7/3/2024). (SOURCE)

Mar, 14 2024

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