News - Investment Realization in West Java reaches Rp 210.6 Trillion by 2023

Investment Realization in West Java reaches Rp 210.6 Trillion by 2023

Jul, 05 2024

PenaKu.ID - Regional Secretary of West Java Province Herman Suryatman said that investment must be inclusive. This means that investment must have a direct impact on society, especially in overcoming the problems of unemployment and poverty.

This was said by Herman after attending the Regional Coordination Meeting in the framework of the preparation of the 2024 Strategic Investment Downstreaming Study in West Java Province at Sheraton Bandung Hotel, Bandung City, Thursday (4/7/2024).

"We know that currently West Java is the province with the highest investment in Indonesia, which has reached Rp 210.6 trillion (investment realization in 2023). Of course we hope that we will continue to maintain this investment, especially not to be exclusive, but inclusive investment, which has a direct impact on reducing unemployment, poverty," he said.

According to Herman, one of the strategic steps of the West Java Provincial Government to realize this is by downstreaming investment in West Java.

"One of the strategies in this investment is to downstream strategic investment, one of which is in the oil and gas sector," Herman said.

Herman also said that the downstream investment strategy had been implemented long ago by the Central Government. The West Java Provincial Government itself will follow these steps and is committed to being a leading province that carries out downstreaming.

"The end is how the people of West Java prosper. Because planting is actually only a target, the main goal is to make our country strong, to make West Java strong, advanced, and prosperous," he said.

Meanwhile, Expert Staff for Macroeconomics of the Ministry of Investment / BKPM Imam Soejoedi explained the importance of downstream investment.

"Thank you Mr. Sekda. It's amazing the directions, the inputs that are down to earth. Earlier Pak Sekda had conveyed the importance of downstreaming, not only sustainable investment but investment that can generate economic growth to the lower levels," said Imam.

(SOURCE)

West Java Economic Growth Maintained, Investment Remains Strong

The West Java economy in Quarter ll/2024 grew positively by 4.95 percent (yoy). This figure increased from the first quarter of 2024 which grew by 4.93 percent (yoy). This trend was inseparable from high domestic demand, increased investment, and maintained exports. From the demand side, the main support for West Java's economic performance was household consumption which grew to 5.02 percent (yoy) in line with the momentum of HBKN Idulfitri, Iduladha, and public holiday activities. "Gross Fixed Capital Formation (PMTB) grew 6.13 percent (yoy) in line with the realization of West Java's investment which again ranked first nationally with a value of Rp 63.7 trillion or an increase of 18.8 percent (yoy) in the quarter under review," explained the Head of the West Java Representative Office of Bank Indonesia, M Nur in his statement, Tuesday, August 6, 2024. Meanwhile, in terms of exports, West Java managed to grow positively by 10.72 percent (yoy) in line with customs data showing that foreign export performance increased by 1.61 percent (yoy) in the first quarter of 2024. In terms of business fields, West Java's economic growth was contributed by the processing industry which grew positively by 2.81 percent (yoy). "The maintenance of this positive performance was also confirmed by the growth rate of SKDU Industry which grew to 10.79 percent. The warehousing transportation sector grew by 14.1 percent (yoy), followed by the trade sector which grew by 4.53 percent (yoy)," he explained. The growth of the two sectors was also in line with the expenditure side where there was an increase in community activity during the HBKN and holiday periods. SOURCE

Aug, 07 2024

West Java Secretary Encourages Optimization of Teaching Factory to Increase the Absorption of Vocational Graduates

JABARTRUST.COM, BANDUNG, -The Regional Secretary of West Java Province, Herman Suryatman, emphasized the importance of finalizing the teaching factory concept for graduates of Vocational High Schools (SMK) to be in line with industry needs. This statement was made during a meeting on Optimizing Manpower Absorption in the West Java Secretary's Office, Gedung Sate Bandung, Wednesday (12/6/2024). In the meeting which took place with the concept of coffee morning, Herman revealed data from the Central Statistics Agency (BPS) which showed a decrease in unemployment in West Java. As of February 2024, the unemployment rate decreased by 217,000 people compared to February 2023, to 1.79 million people. However, SMK graduates still top the open unemployment rate with a percentage of 12.33 percent, followed by high school graduates at 8.98 percent. "Seeing the authority of SMA / SMK which is at the provincial level, there needs to be special treatment so that the absorption of labor can be optimal," Herman said. He emphasized that the teaching factory concept must be more adapted to the industrial map in West Java. "The concept of teaching factory can be further finalized by matching the types of vocations in SMK with the industrial map in West Java," he added. West Java currently has two developing Special Economic Zones (SEZs), namely Rebana SEZ in North West Java and Lido SEZ in South West Java. Herman emphasized the importance of collaboration between the Education Office with the Industry and Trade Office and the One-Stop Integrated Service Investment Office (DPMPTSP) to strengthen teaching factories in vocational schools. "In this meeting, we are looking for the best ingredients for policies that we have to correct," Herman explained. With the Merdeka Belajar Curriculum, he is optimistic that the implementation of the teaching factory concept in SMK will be easier and more effective. "We need to provide support with breakthroughs or present policies that support the synergy between learning in vocational schools and industry," he added. The Head of West Java DPMPTSP, Nining Yuliastiani, stated that with the presence of the two SEZs, West Java has become a labor-intensive and high-tech investment destination. "West Java is a destination for capital-intensive and hi-tech industries, and the composition has already been formed. It is in that position that we prepare the quality of our human resources," she said. Nining also emphasized that investors are ready to accept high school/vocational school graduates from West Java as long as they meet the required qualifications. "They are ready to use West Java labor but it must be qualified, qualified, according to their needs," said Nining. With this strategy, it is expected that SMK graduates in West Java can be absorbed more optimally in the industry, so as to reduce unemployment and improve the welfare of the people in this province. (SOURCE)

Jun, 14 2024

Investment Regional Regulation Becomes an Urgent Need, Majalengka DPRD Requests Local Government to Immediately Submit Draft

TRIBUNJABAR.ID, MAJALENGKA – The Regional People's Representative Council (DPRD) of Majalengka Regency emphasizes the importance of having a regional regulation (perda) on investment. This regulation is considered urgent so that Majalengka can optimize its strategic potential while ensuring that the benefits of development are directly felt by the community. Deputy Chairperson of Majalengka DPRD, Asep Eka Mulyana, said the Investment Regional Regulation is no longer just a discourse but an urgent need. According to him, Majalengka holds a very strategic position in West Java due to the presence of West Java International Airport (BIJB) Kertajati, accessibility via Cipali and Cisumdawu Toll Roads, and the huge opportunities in the Rebana Metropolitan Area. “This investment Regional Regulation is important so investors have legal certainty, local government has guidelines, and the community obtains guarantees of protection. Without regulation, we are just spectators while other regions are racing ahead with new investments,” said Asep Eka Mulyana on Saturday, September 13, 2025. The Chairperson of Golkar Party Majalengka Regional Leadership Council (DPD) explained that this regulation will also serve as a controlling instrument. Incoming investments must be directed to provide multiplier effects, open job opportunities, strengthen MSMEs, and maintain environmental sustainability. “Investment should not just be seen from capital size but the extent of its impact on community welfare. This regulation will serve as a fence to ensure investments are safe for investors and do not harm society,” he explained. Considering this situation, DPRD urges the Majalengka Regency Government to immediately prepare the academic manuscript and draft of the Investment Regional Regulation to be included in the 2026 Regional Regulation Formation Program (Propemperda). “Investment must not remain a strategic issue without follow-up by preparing the software in the form of regional regulations. We ask the executive not to delay anymore. Immediately submit the draft Investment Regional Regulation to DPRD; we are ready to discuss it together,” the senior legislator emphasized. Meanwhile, Majalengka DPRD member M. Fajar Shidik believes the Investment Regional Regulation must be comprehensively prepared to be a fair governance instrument. According to the Chairperson of the Majalengka PPP DPC, investment should not only stop at numbers. The regulation must bind every investor to absorb Majalengka's workforce, partner with MSMEs, and implement measurable CSR programs. “In addition to investors being secure, the benefits can also be directly felt by the Majalengka people,” Fajar said separately. Fajar also stressed that the presence of the Investment Regional Regulation will be an important milestone to ensure that investments in Majalengka not only add to statistical numbers but truly bring tangible benefits to the people. “This regulation is not only for investors but also for the people. We want investments that create new jobs, strengthen MSMEs, increase regional revenue (PAD), and still side with environmental sustainability,” he said. Investment Value in Majalengka According to official data from West Java DPMPTSP, investment realization in Majalengka Regency in the first quarter of 2025 was recorded at IDR 699.57 billion. This year's target is IDR 3.4 trillion, with a realization of about 47 percent by mid-year. In 2024, Majalengka recorded an investment realization of IDR 3.59 trillion, exceeding the target of IDR 3.1 trillion. However, Majalengka has not yet made it into the top 10 regions with the highest investment realization in West Java. This condition shows that without strong regulation, Majalengka risks falling behind other more aggressively pro-investment regions. 6 Key Points on the Urgency of Investment Regional Regulation According to Asep and Fajar, there are several reasons why the Investment Regional Regulation must be immediately established. First, to provide legal certainty for investors so the investment climate is more conducive. Second, to regulate development directions by channeling investments toward priority sectors such as modern agriculture, agro-industry, tourism, and supporting services around BIJB Kertajati. Third, to protect local communities by ensuring local workforce absorption, MSME involvement, and reducing the potential for social inequality. Fourth, to control environmental impacts by ensuring every investment complies with Environmental Impact Analysis (AMDAL) and sustainable development principles. Fifth, to accelerate licensing through transparent, efficient, and integrated mechanisms. Sixth, to serve as a basis for monitoring and evaluation by DPRD and local government to oversee investment realization and impose strict sanctions in case of violations. [SOURCE]

Dec, 11 2025

Swallowing Rp18.3 Trillion Investment, West Java Has Unique Toll Road Like Hot Wheels Track That Was Just Completed After 12 Years

LENGKONG, AYOBANDUNG.COM – With an investment of IDR 18.3 trillion, West Java has a unique toll road like a hot wheels track that was just completed after 12 years. West Java has a unique toll road that connects the areas of Bandung, Sumedang, and Majalengka which is named the Cisumdawu Toll Road or the Cileunyi - Sumedang - Dawuan Toll Road. This 61.6 kilometer long toll road costs IDR 18.3 trillion, half of which comes from the APBN, while the rest comes from a cooperation scheme between the government and the private sector or business entities (KPBU). Interestingly, this toll road has a unique icon that is not owned by other toll roads, namely the twin tunnel (Twin Tunnel). This twin tunnel is located in Section 2 of the Cisumdawu Toll Road, 472 meters long, which is named the longest tunnel in Indonesia that is under a hill. The twin tunnels were built using the innovative New Austrian Tunneling Method (NATM) technology, which is useful for strengthening the soil before excavation. When viewed from above, the twin tunnels make the Cisumdawu Toll Road look like a hot wheels track. On the official bpjt.pu.go.id page, it is stated that the Cisumdawu Toll Road is the most beautiful toll road in Indonesia, one of the reasons being the unique twin tunnel icon. In addition to having a unique twin icon of 472 meters, this toll road also connects the city of Bandung via the Cipularang Toll Road to the Cipali Toll Road. The construction of the toll road which was inaugurated by the 7th President of Indonesia, Joko Widodo in July 2023, apparently started in 2011 during the leadership of President Susilo Bambang Yudhoyono (SBY). However, in the process of its construction, the Cisumdawu Toll Road was hampered by several problems, one of which was land acquisition. So it can be said that the construction of this 61.6 kilometer toll road was only completed after 12 years. With the presence of this toll road, several parties claim that the route from Bandung to Cirebon via arterial roads that previously took 6 hours can be shortened to just 75 minutes. In addition, this toll road also connects several areas in West Java, such as Bandung, Sumedang, Cirebon, to Majalengka which is the fastest access to Kertajati Airport.*** (SOURCE)

Mar, 17 2025

WJIS 2025. West Java Provincial Government Offers 104 Projects Worth 186 Trillion Rupiah

PORTALJABAR, BANDUNG CITY - The West Java Provincial Government, in collaboration with the West Java Representative Office of Bank Indonesia, is once again holding the West Java Investment Summit (WJIS) 2025. This seventh WJIS will be held at the Pullman Hotel, Bandung, on November 14, 2025. This year, the WJIS carries the theme "Strengthening Regional Resilience through Green Industry, Smart Investment, and Inclusive Growth." Head of the West Java Investment and One-Stop Integrated Services Agency (DPMPTSP), Dedi Taufik, stated that WJIS 2025 will be a medium for generating investment commitments for West Java. "WJIS strengthens West Java's position as the province with the highest investment in Indonesia," said Dedi, during a discussion at Gedung Sate on Monday (November 19, 2025). "From January to September 2025, the value of investment in West Java reached IDR 218.2 trillion, an 18% increase compared to the same period last year," he added. According to Dedi, this achievement demonstrates that West Java remains the most attractive region for investors, both domestic and foreign. "Our investment realization reached 80.5% of this year's target of IDR 271 trillion. Of this total investment, Domestic Investment (PMDN) was worth IDR 119.2 trillion, or 54.7%, while Foreign Investment (PMA) reached IDR 98.9 trillion, or 45.3%. This figure is capable of absorbing up to 303,469 workers," he explained. Dedi explained that investment is a crucial driver of West Java's economic growth, which in the third quarter of 2025 grew by 5.20%—higher than the national growth of 5.04%. "Investment's contribution to West Java's economic growth reached 24.6%, the second largest after household consumption," he said. In this year's WJIS, the West Java Provincial Government is offering 104 investment projects worth IDR 186.29 trillion. consisting of 41 ready-to-offer projects and 63 potential new investments. "We are targeting all investment interest generated at this forum to be realized within the next three to six months," said Dedi. Dedi stated that WJIS has become a global brand. Many investors view West Java as a strategic location with strong infrastructure, superior human resources, and strong policy certainty. He is optimistic that the presence of new investors such as VinFast and Great Giant Pineapple (GGP) in the Rebana Metropolitan area will further strengthen West Java's position as a center for green economic growth and future industries. "West Java is not only an investment gateway, but also a laboratory for sustainable economic growth," he said. More than 600 participants will attend the forum, including 25 embassies and 300 potential investors from various countries. Several major projects, such as waste management, industrial areas, downstream development, and infrastructure, will be the focus of the offerings. [SOURCE]

Dec, 23 2025

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