News - It is hoped that the West Java-Heilongjiang Business Meeting will increase investment realization

It is hoped that the West Java-Heilongjiang Business Meeting will increase investment realization

Nov, 07 2024

Bandung (ANTARA) - The West Java Provincial Government hopes that a business meeting between West Java business actors and a delegation from Heilongjiang Province, China, in Bandung, Tuesday, will increase the opportunity for investment realization in the Bamboo Curtain Country in West Java.

Head of the West Java Industry and Trade Service (Disperindag), Noneng Komara Nengsih, revealed that during the activity at one of the hotels there were members of the delegation who were interested in investing in West Java.

"There are those who express interest. West Java itself always opens its doors as wide as possible for investors to enter and open a business. From anywhere, as long as it meets the permits, it is very possible to invest," said Noneng in Bandung.

Some of West Java's potential that is a factor in attracting investors to enter, he said, is related to high technology, both electronic equipment and food technology.

"Because it is already advanced there. Maybe we should study the technology," he said.

In this business meeting, 40 business actors from West Java met together with 34 delegates from Heliongjiang Province, with several processed food products, agricultural commodities such as coffee and herbs, as well as handicrafts being offered.

It is hoped that from this event investors will be interested in buying, thereby increasing the number of West Java exports abroad.

It is known that in 2023 it is targeted that investment realization in West Java will reach IDR 188.03 trillion and will reach around IDR 210.6 trillion.

The West Java Provincial Government is optimistic that the 2024 investment target of up to IDR 250 trillion can be achieved by reflecting on West Java investment realization in 2023.

(SOURCE)

Ridwan Kamil Received an award from the Digitalized Village

JAKARTA--Governor of West Java Ridwan Kamil received the award ' Recognition of Excellence 2019 ' for the category of Digitalized Village from OpenGov organization. The awards are given in Indonesia OpenGov Leadership Forum 2019 at the JW Marriot Hotel, Kuningan, Jakarta, Thursday (18/7/19).Is an international organization of OpenGov that provide assessment of the performance of the Government, particularly for innovation, the Government conducted in various parts of the world. Ridwan Kamil received the award thanks to his efforts to develop the digitaizedl villages in West Java province."Our innovation get appreciated, about Digitalized Village," said Emil--greetings Ridwan Kamil--after receiving the award.According to Emil, the digital revolution needs to be done in an inclusive by engaging different sectors which are not touched by the digital ecosystem, including by providing free wifi to various facilities of the village, as did the Government Provinces In West Java."The digital revolution must be inclusive, includes sectors that had not yet reached by the digital ecosystem," said Emil.This time, villages in West Java already implemented a digital system in a variety of economic activity and coordination between the Government with its citizens. The target in this year, there will be 600 villages in West Java with free wifi."Hundreds of free wifi in hundreds of villages, such as in Indramayu feeding fish with (application) Cellular Phone, fishermen in Sukabumi looking for fish with a fish finder, performing socializing with social media, then we socializing with citizent association, and others," said Emil."Including e-commerce, agriculture in the Ciwidey by online shop," he added.Emil confirms the application of digital technology in the villages become attractive and unique in this moment. not all places in the world do it. "said EmilHe hopes the Digitalized Village in West Java can become an example on how a digital ecosystem is able to improve the economy of the villagers, so that the urbanization of the city is no longer the only option to improve life degree"Digitalized Village in West Java is a great innovation that not all places in the world to do, so I guess this example. Just starting out but've appreciated, hopefully the crop would be amazing," lid.-------------------------------HUMAS JABARHead of the Public Relations and Protocol Bureau of the Regional Secretariat of West Java Province Hermansyah

Aug, 20 2019

Subang Strengthens Its Role in the Rebana Area, Boosting Investment, Employment, and Patimban Connectivity

The Regent of Kabupaten Subang, Reynaldy Putra Andita, received an audience from the Rebana Area Management Agency of West Java Province to support the transformation of Subang into an industrial hub within the Rebana area. The meeting took place at the Regent’s official residence on Wednesday (April 8, 2026). The development of the Rebana area, which includes seven industrial estates and dozens of tenants, presents a strategic opportunity to drive regional economic growth, increase investment, and expand employment opportunities in Subang Regency. Head of the Rebana Area Management Agency, Helmy Yahya, stated that the management of the Rebana economic corridor is an innovation by West Java in developing a metropolitan area based on integrated planning. “This innovation in managing a new economic corridor has made West Java the first province in Indonesia to have a metropolitan area management agency,” he said. He emphasized that area development must be structured and well-designed. “The development of Subang Regency as part of West Java’s future economic corridor must be built by design, not merely in a conventional manner,” he explained. Helmy Yahya also highlighted the high level of investor interest in Subang Regency. “Among the seven regencies/cities, Subang attracts the most investor interest,” he noted. In addition, he stressed the importance of human resource readiness in supporting industrial growth. The Regent, commonly known as Kang Rey, expressed the local government’s commitment to supporting the development of the Rebana area through cross-sector collaboration. “In principle, the Subang Regency Government fully supports and is always ready to ensure the success of the Rebana program,” he stated. He further explained that the Subang Government continues to maintain regional stability to foster a healthy investment climate and expand job opportunities. Moreover, the local government continues to coordinate with provincial and central governments in supporting the supply chain of materials for National Strategic Projects (PSN), including accelerating the construction of toll road access to Pelabuhan Patimban to strengthen connectivity in the Rebana area. He also expressed hope that the Rebana Area Management Agency will continue facilitating programs aimed at improving human resource quality to meet industrial demands, particularly in Subang Regency. “We are truly looking forward to seeing Rebana develop quickly and bring positive impacts to Subang,” he concluded. On the same occasion, the Regent of Subang also signed a joint declaration for the development of the Rebana Area. The meeting was also attended by several regional officials, including the Assistant for Regional Administration II, Head of BP4D, Head of DPMPTSP, Head of Public Works and Spatial Planning Office, Head of Transportation Office, Head of Cooperation Division, and Head of Economic Affairs Division of the Subang Secretariat. [Source]

Apr, 13 2026

This year, West Java targets the value of incoming investment to reach IDR 250 trillion

REJABAR.CO.ID, BANDUNG --- The West Java Provincial Government (Pemprov) continues to boost investment targets. In 2024, the West Java Provincial Government targets the investment value to exceed last year's realization. According to the Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, by 2024 the national investment target will reach IDR 1,650 trillion. Specifically for West Java, the investment value is targeted at around 14-15 percent of the national level. "And that is nominally around IDR 247 trillion to IDR 250 trillion for the 2024 target, even though this has not been released by BKPM," said Nining at the Bewara Jabar (Beja) event with the theme West Java Investment Report 2023 And Economic Outlook 2024 at Gedung Sate, Tuesday (30/1/2024). For investment achievements in 2023, said Nining, from the BKPM target of IDR 188.03 trillion, West Java managed to pocket an investment value of IDR 210.6 trillion. This figure is the highest achievement. "This means 112 percent of the existing target. And this is the highest achievement in West Java," he said. When asked whether the 2024 target would be achieved under the conditions of the 2024 elections, Nining felt optimistic that he could meet the target by collaborating with various parties in West Java. "We remain optimistic about the efforts that have been made in synergy and collaboration. It will not be possible for us to complete whatever the target is if there is no collaboration and communication with various parties," he explained. Nining explained that there are several sectors that the West Java Provincial Government will focus on to attract investors to invest their capital in West Java. Namely, starting from the infrastructure sector, tourism, to technology. "For West Java there are four things that will be the focus of increasing investment, infrastructure, downstream tourism and technology and there are also many things that come to us that are capital intensive," he said. In the same place, Deputy Chief Representative of Bank Indonesia for West Java Province, Bambang Pramono, said that success in creating a harmonious investment climate is the key to the realization of West Java investment which will accelerate in 2023. This is a necessary condition in creating a conducive and trustworthy investment climate for investors. Apart from that, he said, high investment realization also plays an important role in driving West Java's economic growth along with the value of the Incremental Capital Output Ratio (ICOR) which is relatively stable from year to year. Therefore, all stakeholders related to investment in West Java must actively carry out various proactive and innovative efforts in identifying potential projects that are of interest to foreign investors. "Especially for potential investors who are looking for safe and comfortable investment fund placement options," he said. Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, investment is one of the driving forces of the economy in West Java. However, in the future, efforts must still be made for equality throughout the West Java region. This is in line with the investment distribution map in West Java which is concentrated in the northern part, such as Bekasi District (25) to Karawang District (22). (SOURCE)

Jan, 31 2024

VinFast Builds Rp. 3.23 T Factory in Subang, Moeldoko Says This

Vietnamese electric car manufacturer VinFast Auto officially started construction of its first electric vehicle assembly plant in Indonesia, marked by the laying of the first stone in Subang, West Java, Monday (15/7/2024), directly by the Chief of Presidential Staff, Moeldoko. VinFast assesses that RI is one of the most promising electric vehicle markets in Southeast Asia. The factory, which is located in a developing industrial area in Subang, was built with an initial investment of around US$ 200 million or IDR 3.23 trillion (exchange rate IDR 16,160). This factory will operate with an annual production capacity of 50,000 vehicle units and includes several main production areas such as the Body Shop, General Assembly Shop, Paint Shop and testing area, etc. VinFast schedules this factory to start operating in Q4 2025 and will produce right-hand drive versions of e-SUV models, including the VF 3, VF 5, VF 6 and VF 7 series for the Indonesian market. This project is expected to create thousands of local jobs, increase the number of skilled workers, and make a significant contribution to the economic and social development of local communities. Presidential Chief of Staff Moeldoko assesses that this project is also ready to have a big impact in encouraging environmentally friendly transportation in Indonesia. "The presence of VinFast will not only have a positive impact on the regional economy, but will also open up new job opportunities and improve the welfare of the surrounding community," he said. "The Indonesian government strongly encourages foreign investment into our country, especially in the automotive industry sector. We believe that the presence of VinFast will bring technological innovation and knowledge transfer that is much needed to increase the competitiveness of the national automotive industry," said Moeldoko. Currently, Vinfast has launched two right-hand drive electric SUV models, the VF 5 and VF e34, opened a dealer store, and implemented a flexible sales policy including a pioneering battery subscription program. VinFast Indonesia CEO Temmy Wiradjaja stated, VinFast strives to be a pioneer of the high-tech industry in Southeast Asia with global influence. "We are holding this groundbreaking event just a few months after VinFast officially arrived in Indonesia, this confirms VinFast's strategic expansion and competitiveness in Southeast Asia, as well as marking an important milestone in our strategy to become a leading player in one of the most promising electric vehicle markets in this region," he said. "This project shows VinFast's long-term commitment to Indonesia, boosting the electric vehicle sector, supporting economic growth and improving the quality of life of Indonesian people," said Tommy. SOURCE

Jul, 15 2024

With Just Rp 5,000, Everyone Can Become an Investor in the Capital Market

KABAR TASIKMALAYA - The investment business utilizing the capital market is showing a fairly positive trend in society, including among students to Gen Z. Realizing that there are great opportunities in the investment business, especially the capital market, the Investment Gallery of the Faculty of Economics, Siliwangi University (Unsil) continues to encourage students to take the opportunity to invest. So in order to educate and stimulate student interest in investing, the FEB Investment Gallery held a capital market school for around 200 students taking capital market courses at the FEB Unsil Auditorium Building on Wednesday, August 14, 2024. In the Investment Gallery's routine activities, they were provided with materials including stock application guides and Analysis for Investment Plans and initial strategies for maximum results in the capital market. The two materials were discussed quite in depth by two speakers, namely Tine Badriatin, S.Sos., M.Si., M.M (Lecturer FEB Unsil - KKP Tasikmalaya PT. Reliance Sekuritas Indonesia, Tbk) and Errin Nur Rahmayanti (KP BEI West Java). The event was also filled by the Coordinator of the capital market course Wilman San Marino, S.E., M.M who gave introductory material to the capital market. Head of the Banking and Finance Study Program of FEB Hj Noneng Masitoh MM when opening the event was grateful because with this event, students can get to know better about what investment is and how to make good and correct investments. “This activity is very good because it will play a role in encouraging students to have additional skills so that they are better prepared to work after college. Because they can find out the actual implementation and management of the capital market,” said Noneng. This can also encourage the Main Performance Index (IKU). The management of the Indonesia Stock Exchange Investment Gallery (GIBEI) FEB UNSIL - RELI Rd.Lucky Radi Rinandiyana SE, M.S said that investing in the capital market is now an attractive alternative to filling other income niches. Because currently the public is still quite unfamiliar with investing in the capital market line. Because usually most forms of investment are physical in nature such as land or buildings. Meanwhile, the times have progressed, so that investment instruments are now more diverse. “Of course, there is a little concern if students who have their own income, purchasing power and want to invest are confused. Because most students are oriented towards holding companies, organizations or others,” said Lucky. So they often forget not to complete an understanding of financial literacy for themselves. Now Lucky, who is completing his doctoral program at Unpas, said that this should not be forgotten. Regarding the image of the capital market industry that must require large capital, he emphasized that investing in the capital market can start with a capital of Rp 5 thousand. “The cheapest share price, for example, is Rp 50 rupiah. If you buy one lot of one hundred shares, it's only Rp 5,000. So with a capital of Rp 5 thousand, you have become an investor,” he said. Only, he said, don't forget the big risks that always have the potential to get in the way. The profit in the capital market can be obtained from the difference in buying and selling prices. “In addition, there are also benefits in the form of dividends where every company that is active in the capital market, holds an AGM every year to determine the profits given to investors,” he said. Only before deciding to invest, it is important to recognize the product and the risks. “Of course potential investors need to have a strategy when it's time to buy, hold or release. Moreover, behind investment there is a twin brother, namely high risk,” said Lucky, who is also the head of the FEB Unsil management study program. Gibei itself is an organization that is a means of interaction for students of the faculty of economics as a forum for developing students' abilities and abilities about investing in the world of capital markets. GIBEI FEB Unsil has a WPPEP capital market license. SOURCE

Aug, 15 2024

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