News - Great Potential of Cirebon Regency as an Investment Magnet

Great Potential of Cirebon Regency as an Investment Magnet

Oct, 30 2025

Cirebon - Cirebon Regency is increasingly showing signs as one of the strategic regions in West Java. Cirebon is also becoming a magnet for investment.

Located in the Rebana Area (Cirebon-Patimban-Kertajati), the regency spans 1,070.29 km² consisting of 40 districts, 412 villages, and 12 urban villages, with a population of 2,489,046 people.

Not only is it geographically advantageous, Cirebon Regency also has a coastline of 77.97 kilometers with coastal waters covering an area of 399.6 km². It borders directly with Cirebon City, Indramayu Regency, the Java Sea to the north, Kuningan Regency to the south, Majalengka Regency to the west, and Central Java Province to the east, making it a strategic point for economic development and investment.

Deputy Regent of Cirebon, Agus Kurniawan Budiman, stated that the great potential owned by Cirebon Regency has attracted the attention of several investors, both domestic and foreign.

"Based on the Investment Activity Report (LKPM) for the first quarter of 2025, foreign investment realization (PMA) reached Rp 347.5 billion. Meanwhile, domestic investment realization (PMDN) reached Rp 530.7 billion," Agus revealed during an interview on Thursday (22/5/2025).

The leading sectors dominating investment in Cirebon include the Leather Goods and Footwear Industry with Rp 193.4 billion, Other Industries Rp 109.6 billion, Trade and Repairs Rp 98.5 billion, Motor Vehicle and Other Transportation Equipment Industry Rp 95.5 billion, and Other Services Rp 93.1 billion.

"With these various potentials, Cirebon Regency continues to strengthen its position as one of the new economic growth centers in the Rebana area and also as a driving force for investment in West Java," he concluded.

[SOURCE]

Investment Costs Reach Rp43.2 Trillion, This Port Project will be Completed Until 2027, Anyone Know?

Built since 2018, this National Strategic Project during the reign of President Joko Widodo (Jokowi) reached an investment cost of around IDR 43.2 trillion. Indonesia is indeed one of the countries that has many ports, one of which is Tanjung Priok, Tanjung Perak and Soekarno-Hatta. Now this time there is one port that is classified as having a very large land area of up to hundreds of hectares. The port is the Patimban port located in Subang, West Java. With a budget investment of Rp43.2 trillion. The urgency of the construction of Patimban port is to reduce the volume of shipments to Tanjung Priok port. Because the Tanjung Priok port location is already difficult to expand again, so that with the Patimban port it is expected to reduce logistics costs between Banten, DKI Jakarta, West Java and Central Java. It is known that the Patimban port development project, Subang, West Java phase 1-2 with an investment value of up to IDR 9.5 trillion. Phase 1 (packages 1-4) is 35 hectares, a Container Terminal with a capacity of 250,000 TEUs. And 25 hectares of Vehicle Terminal with a capacity of 218,000 CBUs. The target has been achieved one hundred percent. The advanced phase of Patimban port development is carried out in phases 1 and 2 from 2022 to 2024 with an investment value of Rp9.5 trillion. This phase is divided into two packages, namely packages 5 and 6. Package 5 will build a vehicle terminal and package 6 will build a container terminal. The port with an area of 639 hectares and a capacity of 2.74 million TEUs makes Patimban port one of the largest ports in Indonesia. It is estimated that the construction of Patimban port will be fully completed by 2027 and its capacity will increase to 7.5 million TEUs. This is the information about Patimban port, one of the National Strategic Projects (PSN) with an investment cost of Rp43.2 trillion. SOURCE

Aug, 01 2024

New Rp10.629 Trillion SPAM to Supply Drinking Water to the Public, but Not for Free!

Capable of supplying water to the community, the Drinking Water Supply System (SPAM) was built for IDR 10.629 trillion in West Java. This infrastructure was built because the availability of ready-to-drink water in West Java has become difficult to obtain. This is because the available water has difficulty keeping up with the population growth in it. Therefore, this SPAM infrastructure needs to be built to supply the need for ready-to-consume water in this area. Currently, the West Java Provincial Government is planning to build a SPAM to increase the availability of clean water. The water to be produced by this SPAM is planned to be taken from the Cimanuk River with a capacity of 1,500 liters/second. 5 regions in West Java will benefit from the presence of this SPAM including Sumedang Regency 100 1pd, Indramayu Regency 450 1pd, Majalengka Regency 300 1pd, Cirebon Regency 150 1pd, and Cirebon City 500 1pd so that the total reaches 1,500 1pd. To realize its development, this infrastructure in West Java requires an investment cost of Rp.10.639 trillion. This budget will later return to the government through a 30-year tariff recovery scheme. Communities in the 5 regions that use SPAM water facilities in West Java will be charged a tariff of IDR 3,390 per cubic meter. The infrastructure supplying clean water needs in West Java in question is Jatigede SPAM. If according to the plan, SPAM Jatigede will be completed in 2029 with the application of the water purchase price after construction is completed. The Jatigede SPAM project received a PDF facility from the Ministry of Finance with PT SMI assisting the West Java Provincial Government in the preparation stage until the transaction. Currently, the Jatigede SPAM project is in the Final Business Case (FBC) document evaluation stage and the first phase of construction is ready to be carried out. SOURCE

Aug, 30 2024

Dedi Mulyadi, Operation Manunggal Expected to Protect West Java's Investment Climate from Mass Organization Disturbances

PIKIRAN RAKYAT - After being inaugurated along with hundreds of regional heads elected in the 2024 Regional Head Elections (Pilkada), the Governor of West Java (Jabar) Dedi Mulyadi immediately stepped on the gas. Dedi immediately issued a policy called Operation Jabar Manunggal to maintain the investment climate in West Java. Through the ifi operation, it is hoped that it can overcome the disturbances of community organizations (ormas) which have been widely complained about. "We read the phenomenon of certain mass organizations disrupting investment. We are preparing funding to protect entrepreneurs, to prepare security costs with the term Operation Jabar Manunggal," he said at the Presidential Palace complex, Jakarta, Thursday, February 20, 2025 after the inauguration. He admitted to paying special attention to the investment climate in West Java, which is said to often face disruptions from certain mass organizations. The disruptions felt include illegal levies in the land acquisition process, labor recruitment, to waste management. "We encourage companies to be assisted so that they are not disturbed by certain mass organizations, from land acquisition, asking for development quotas, asking for quotas when recruiting workers, asking for waste production quotas during production. This often becomes a conflict in the industrial area of West Java,' he said as reported by Antara. With the implementation of Operation Jabar Manunggal, the former Purwakarta Regent hopes that it can add a positive direction to the investment climate in West Java. Later, the 2025 West Java Regional Original Income (PAD) can increase. In 2025, West Java's PAD is targeted to increase from IDR 19 trillion to IDR 21 trillion, with total regional spending reaching IDR 33 trillion. Furthermore, regencies/cities in West Java are certain to receive an allocation of IDR 6 trillion. The allocation will be used entirely to build road infrastructure. In general, he hopes that all levels of West Java society can feel the positive benefits of every policy made. The quality of education, health, infrastructure, and the creation of a conducive and safe investment climate are West Java's new hopes. [SOURCE]

Mar, 18 2025

Treasury Plants 266 Jackfruit Trees in Barengkok Village, Bogor

This activity continues the Green Gold program initiative launched in April 2024 which aims to provide benefits to the environment and economic benefits to local farmers. The hundreds of jackfruit trees were collected thanks to the contributions of more than 5,000 digital gold investors during Buy Gold transactions on Treasury Apps. "The tree planting activity is Treasury's commitment as an environmentally sound digital gold investment platform," said Treasury CEO Andreas Santoso. Moreover, he added, this activity aims to promote sustainable and environmentally friendly digital gold investment to gold investors in Indonesia. "With the active participation of digital gold investors, we believe the Green Gold program can absorb more than 191 tons of carbon emissions in the next eight years," Andreas said in a press statement received by the editor, Thursday (1/8), in Jakarta. Another surprising aspect of the Green Gold program is the number of young investors taking part to support the initiative, with an average age of 28. Reflecting that Indonesia's younger generation has a high concern for environmental sustainability. According to Sudono Salim, Chief Growth Officer of Jejakin, Bogor was chosen as the planting area based on the topography and climate in the Bogor area which can support the growth of jackfruit trees optimally so that it is expected to provide economic benefits to the surrounding farmers. In addition, jackfruit trees have the ability to absorb more carbon than mangrove trees. Jackfruit trees also have many properties. Its leaves have antimicrobial activity that is useful as traditional medicine for anti-inflammatory, antioxidant, antidiabetes mellitus, antimelenogenesis, and anti-cancer. Jackfruit leaves can also be extracted into herbal medicine as a breast milk facilitator. Jackfruit is effective in increasing white blood cells to strengthen the immune system. Jackfruit seeds are high in carbohydrates, potassium, protein, calories, and phosphorus, and can be consumed by frying, boiling, or making chips. The trunk is hard, durable, and resistant to termite or fungal attack. It is often used to make household furniture, construction materials, and musical instruments. Andreas admitted that he will continue to promote sustainable digital gold investment to expand its benefits for Indonesia, encouraging more investors to contribute to environmental conservation efforts. This first phase of tree planting is just the beginning of many other goodwill initiatives that Treasury will undertake in the future. "We hope that more Green Gold Investors will participate in this program so that we can contribute and support Indonesia's efforts to fight climate change," said Andreas. SOURCE

Aug, 02 2024

West Java Provincial Government Records Revenue of IDR 36.68 Trillion, 2024 Regional Budget Surplus of IDR 1.75 Trillion

SUKABUMIUPDATE.com – The West Java Provincial Government has recorded positive performance in managing the 2024 Regional Budget (APBD). During the plenary session of the West Java Provincial Legislative Council on Thursday (June 12, 2025), West Java Deputy Governor Erwan Setiawan delivered a memorandum on the accountability of the implementation of the 2024 APBD. Erwan revealed that as of December 31, 2024, total regional revenue reached Rp36.68 trillion, or 101.08 percent of the target of Rp36.29 trillion. Thus, the budget surplus (SiLPA) for 2024 reached more than Rp1.75 trillion. This revenue consisted of Regional Original Revenue (PAD) of Rp25.31 trillion (101.72 percent of the target), transfer revenue of Rp11.35 trillion (99.69 percent), and other legitimate regional revenue of Rp23.19 billion (100 percent). Meanwhile, regional expenditure realization was recorded at Rp35.54 trillion or 96.31 percent of the budget ceiling of Rp36.91 trillion. “Alhamdulillah, from the overall budget transactions and realization of the 2024 APBD, we have managed to record a SiLPA of more than Rp1.75 trillion. This shows the efficiency and accountability that we continue to maintain in regional financial management,” said Deputy Governor Erwan. The regional expenditure includes operational expenditure of Rp19.98 trillion, capital expenditure of Rp2.11 trillion, unexpected expenditure of Rp784.11 million, and transfer expenditure of Rp13.44 trillion. The financial report also shows that the financial balance sheet as of December 31, 2024, recorded total assets of Rp46.14 trillion. These assets consist of fixed assets amounting to Rp28.97 trillion, long-term investments of Rp12.92 trillion, current assets of Rp2.52 trillion, and other assets and investment properties worth more than Rp1.7 trillion. On the other hand, total regional liabilities reached Rp2.95 trillion, while equity was recorded at Rp43.18 trillion. In its operational report, the West Java Provincial Government posted an operational surplus of IDR 813.64 billion and a non-operational surplus of IDR 22.99 billion. The total operational report (LO) surplus reached IDR 836.63 billion. "All of these achievements are the result of close cooperation between the local government, the Regional Representative Council, and all stakeholders. We should be grateful that we have been able to maintain an unqualified opinion from the Indonesian Audit Board for 14 consecutive years," said Erwan. In terms of cash management, the regional cash balance at the end of 2024 was recorded at Rp1.75 trillion, a significant increase compared to the initial balance of Rp800.40 billion. This increase came from a surplus of cash flow from operating activities of Rp3.25 trillion, a deficit of cash flow from non-financial asset investment activities of Rp1.73 trillion, and a deficit of cash flow from financing activities of Rp566.12 billion. The financial report also noted an increase in equity, from Rp42.29 trillion to Rp43.18 trillion, in line with the surplus generated from government activities throughout the year. [Source]