News - Investment Growth Trend Relatively Stable, Majalengka Regency a Promising Area in East Java

Investment Growth Trend Relatively Stable, Majalengka Regency a Promising Area in East Java

Mar, 20 2025

TRIBUNJABAR.ID, MAJALENGKA - The Majalengka Regency Investment and One-Stop Integrated Service Office (DPMPTSP) noted that investment growth in Majalengka Regency is relatively stable every year.

Senior Expert in Investment Management of DPMPTSP Majalengka Regency, Tatang Gustawan, said that during the 2019-2024 period, the investment trend in Majalengka Regency increased every year.

However, he admitted that during that period in 2021, the investment realization in Majalengka Regency had decreased due to the impact of the Covid-19 pandemic.

"Investment growth during 2019-2024 was relatively stable, only in 2021 it decreased due to the pandemic (Covid-19)," said Tatang Gustawan when met at the DPMPTSP Majalengka Regency, Jalan KH Abdul Halim, Majalengka District/Regency, Saturday (15/2/2025).

In 2019, investment realization in Majalengka Regency reached IDR 2.09 trillion, then increased to IDR 2.39 trillion in 2020.

While in 2021, investment realization in Majalengka Regency decreased to IDR 1.19 trillion due to the Covid-19 pandemic.

However, investment in Majalengka Regency increased again to IDR 2.66 trillion in 2022, then reached IDR 3.12 trillion in 2023.

Meanwhile, in 2024, investment realization in Majalengka Regency reached IDR 3.595 trillion, and became the highest in Region III Cirebon.

"This investment growth trend indicates that Majalengka Regency is increasingly attractive to both domestic and foreign investors," said Tatang Gustawan.

Tatang said that the investment growth also showed the superiority of Majalengka Regency in attracting investors to invest their funds.

In addition, the position of Majalengka Regency is also increasingly solid as a new center of economic growth, especially in the eastern region of West Java. (*)

(SOURCE)

WEST JAVA ENERGY FORUM 2024, Bey Machmudin: West Java Pioneer in Sustainable Use of EBT

PORTALJABAR, KOTA BANDUNG - Acting Governor of West Java Bey Machmudin hopes that the implementation of the 2024 West Java Energy Forum (WJEF) can make West Java province a pioneer in presenting new renewable energy (EBT) innovations that are environmentally friendly and sustainable. This was stated by Bey Machmudin when opening the WJEF 2024 event at the Pullman Hotel, Bandung City, Thursday (21/11/2024). Bey revealed that in the forum the West Java Provincial Government is committed to aligning green development to support Golden Indonesia 2045 and collaborating with cross-stakeholders, regional, central and global. "We are also preparing potential green projects that meet technical and administrative readiness criteria, so that we can accelerate the implementation of the energy transition in West Java," said Bey Machmudin. With NRE potential reaching 192 GW, consisting of wind, water, geothermal, solar, biomass or biogas energy, according to Bey, West Java has a great opportunity to become a pioneer of the energy transition in Indonesia. "We hope that West Java will be a pioneer in this energy situation because we have the potential and it should be the biggest potential in the next few years," said Bey. As a concrete step in developing EBT, WJES 2024 provides assistance to seven SMA/SMK for the construction of rooftop solar power plants (PLTS). Bey stated that the aim of rooftop PLTS is to reduce the burden on school operational costs. "Only seven schools, the potential is very good, they themselves said earlier that reducing operational costs, including paying for electricity and so on, also increases and definitely increases students' knowledge that can really be used and reduces operational costs," explained Bey. It is also hoped that rooftop solar PV at schools will attract investors to invest in West Java with the aim of building a friendly and sustainable environment in the future. "Of course, with this rooftop PLTS, we hope that there will be companies who will contribute to CSR. This is very good, it can reduce pollution," stressed Bey. Meanwhile, West Java DPRD Chairman Buky Wibawa welcomed the implementation of rooftop PLTS which will be implemented in seven schools. The DPRD supports it in terms of policy and supervision, because it is hoped that West Java will become a pioneer province in the EBT sector "The DPRD welcomes the EBT program, and we need to support it in terms of budget policy and monitoring later," he said. The amount of costs that must be incurred in building rooftop PLTS at SMK/SMA starts from IDR 700 million to IDR 1 billion. The following are seven schools that received assistance for rooftop PLTSA: 1. SMAN 1 Cianjur2. SMKN 2 Bogor3. SMKN 1 Purwakarta4. SMKN 1 Cimahi5. SMKN 1 Garut6. SMKN 2 Tasikmalaya7. SMKN 1 Cirebon (SOURCE)

Nov, 28 2024

Head of DPMTSP West Java Dedi Taufik Prepares Strategy to Maintain Investment Climate in West Java

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. 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 industrial manufacturing, electronic textiles, automotive. Then, the tourism industry, creative economy, agriculture, plantations and fisheries to 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. "Ownership of industrial land 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 will be even more 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 encourage 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. Labor absorption 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 that is in accordance with 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. [SOURCE]

Apr, 08 2025

Flooded with Investment Worth IDR 10.6 Trillion, This Toll Road in West Java Becomes a Connector for Industrial Areas

LENGKONG, AYOBANDUNG.COM -- West Java has another new toll road. This time, the toll road owned by West Java has a fairly high investment value. It is known that the investment value of the toll road present in West Java is IDR 10.6 trillion. The toll road in West Java has now been inaugurated and is already operating. The presence of this toll road makes two vital areas in West Java connected. The toll road in West Java that has an investment value of IDR 10.6 trillion is the Cimanggis-Cibitung Toll Road. The Cimanggis-Cibitung Toll Road connects Depok City and Bekasi Regency. The two areas connected by this toll road are vital areas in West Java. This is because the two areas are industrial areas in West Java. The presence of the Cimanggis-Cibitung Toll Road certainly increases mobility and connectivity between the two areas. Economic growth in this industrial area is certainly also getting better thanks to the Cimanggis-Cibitung Toll Road. This toll road can also facilitate the flow of logistics in industrial areas in Bogor and Bekasi Regencies. The Cimanggis-Cibitung Toll Road stretches 26.18 kilometers and consists of two toll road sections. Although part of West Java, this toll road is part of the Jakarta Outer Ring Road (JORR) 2 Toll Road. The Cimanggis-Cibitung Toll Road is also part of the Trans Java Toll Road which is connected to the Cikampek Toll Road. This toll road functions to reduce vehicle congestion on the Cikampek Toll Road. That is the toll road in West Java that was showered with Investa worth IDR 10.6 trillion which is a connecting industrial area.*** (SOURCE)

Mar, 19 2025

Investment realization in Karawang in 2024 reaches IDR 68.5 trillion

Karawang (ANTARA) - The Investment and Integrated One-Stop Service Office of Karawang Regency, West Java, stated that the realization of investment entering the Karawang area throughout January-December 2024 reached IDR68.5 trillion. Head of Economic Services of the Investment and Integrated One-Stop Service Office of Karawang, Didin Bihlaludin when contacted in Karawang, Tuesday said that the achievement was the achievement of foreign investment and domestic investment. For investment from domestic investment, it reached IDR10.2 trillion and foreign investment was IDR58.5 trillion. He said that the investment realization in Karawang in 2024 which reached IDR68.5 trillion had reached 160 percent of the target set by the central government of IDR42.7 trillion. Then from the achievement of quite high investment realization, the number of workforce absorption reached 21,344 people. Meanwhile, the details are, the absorption of labor from foreign investment is 13,253 workers and 8,091 workers from the absorption of domestic investment. Didin said, with an investment achievement of Rp68.5 trillion, in 2024, Karawang will be ranked second in the region with the highest investment in West Java. The region that is in first place with the highest investment in West Java is Bekasi Regency with a realization of IDR 71.8 trillion. Then in third place is Bogor Regency with an investment realization of IDR 22.9 trillion. Next in fourth place is Bekasi City with an investment realization of around IDR 13.7 trillion and in fifth place is Bandung City with an investment realization in 2024 reaching IDR 10.7 trillion. (KR-MAK) [SOURCE]

Mar, 17 2025

Taufiq Budi Santoso Appreciates Bank Indonesia's Collective Work 2023 West Java Economy Increases, Unemployment Falls

PORTALJABAR, KOTA BANDUNG - Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, appreciated the collective work of Bank Indonesia West Java Representatives which has encouraged West Java's economy to remain stable during 2023. Taufiq said this when giving a speech at the launch of the 2023 Indonesian Economic Report with the theme 'Synergy to Strengthen National Economic Resilience and Revival' at the West Java Representative Office of Bank Indonesia, Wednesday (31/1/2024). "I think this theme is very relevant to what is happening in West Java. The human development index is increasing, thank God we can reduce the unemployment rate," said Taufiq. Not only that, during 2023 people who fall into the underprivileged category in West Java will decrease accompanied by incomes that continue to increase slowly. "The poor population in West Java may decrease, per capita income will also increase," he said. For investment matters, West Java is at the forefront with a realization achievement of IDR 210.6 trillion during 2023 or reaching 112 percent. "Investment in West Java recorded investment realization reaching IDR 210.6 trillion, reaching 112 percent," he said. Entering 2024, Taufiq said that the West Java Provincial Government is determined to strengthen several strategic sectors to bring prosperity to the people of West Java. "In 2024 the provincial government will strengthen strategic sectors, education, infrastructure and human resources, so that economic growth can be achieved with the quality of life of the community," he said. Taufiq expressed his gratitude to Bank Indonesia West Java Representatives who have helped the West Java Provincial Government and 27 districts/cities with the aim of welfare for the community. "Hopefully this will continue. We can develop a more evenly prosperous society that we can achieve together," concluded Taufiq. Meanwhile, Head of Bank Indonesia West Java Representative Erwin Gunawan Hutapea said that economic growth in West Java in 2024 would reach 4.9 percent - 5.7 percent year on year. This must be immediately addressed with optimism. However, Erwin invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," he said. For this reason, he asked all parties to continue to work together in various ways to realize West Java's economic growth in 2024. "Hopefully with synergistic collaborative efforts together we can realize economic growth in the range of 4.9 - 5.7 percent year on year," concluded Erwin. (SOURCE)

Feb, 02 2024

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