Most of the PMA PMDN investment projects are also located in the northern part of West Java.
DARA | The West Java Provincial Government through the Investment and One-Stop Integrated Service Office (DPMPTSP) has important notes so that the investment climate can remain healthy.
The Head of DPMPTSP West Java, Dedi Taufik said, since being inaugurated at the end of March, he has conducted analysis and mapping of investment potential.
The leading sectors are still in the manufacturing industry, textiles, electronics, automotive. Then, the tourism industry, creative economy, agriculture, plantations and fisheries to new renewable energy.
Infrastructure and property are also included in this category. Then, there is also a mapping of strategic areas such as special economic zones and priority areas.
"The results of the analysis that has been carried out, investment regulations and incentives are needed, such as the ease of licensing that already exists, but must be made better. Then, tax incentives for strategic industries," explained Dedi.
"Industrial land ownership must also be facilitated so as not to violate applicable regulations, including the development of supporting infrastructure. Digitalization and smart investment in big cities must be sharpened," he continued.
The next job is to create a marketing strategy and investment promotion so that West Java is increasingly superior. Efforts to build the image of West Java as a potential area for investment require partnerships and collaboration.
Dedi Taufik said that the West Java Provincial Government is targeting investment to reach IDR 270 trillion in order to drive provincial economic growth of 5.6 percent in 2025.
West Java's investment achievement in 2024 amounted to IDR 251.14 trillion, successfully absorbing around 383,000 workers. For this reason, efforts are needed to increase human resource capacity to meet investor needs.
West Java's 2024 investment is still the highest nationally. With a total investment of IDR 251.14 trillion, the achievement increased by 19.24 percent from the previous year. Investment realization consists of foreign investment (PMA) of IDR 149.5 trillion and domestic investment (PMDN) of IDR 101.54 trillion.
Investment is centered in five districts/cities, four of which are in the northern region with an investment portion of 75 percent of the total investment in West Java.
The absorption of workers from PMA PMDN investment is relatively spread out. Most PMA PMDN investment projects are also in northern West Java.
Another thing that must be the focus is improving the quality of the workforce to meet the needs of the world of work in various sectors, such as the automotive industry.
"Educational syllabus such as in vocational schools must be directed towards the development and needs of industry. So, they are ready to be absorbed, because the needs (of the workforce) requested by investors are also specific," explained Dedi.
"PMDN (Domestic Investment) must also be maintained, including those that are already running," said Dedi Taufik.
The Ciayumajakuning area will also continue to be boosted to become a favorite investment destination in West Java because it has extensive land and complete infrastructure support.