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Labor absorption in West Java reaches 99 thousand people in Q2 2024

Aug, 13 2024

Labor absorption in West Java reaches 99 thousand people in Q2 2024

Investment realization in West Java in Q2 or the second quarter of 2024 is in high condition. It was recorded that the combined investment value of foreign investment (PMA) and domestic investment (PMDN) reached Rp63.66 trillion.

 

Head of the West Java Province Investment and One-Stop Integrated Service (DPMPTSP) Office, Nining Yuliastiani said, with the total investment of Rp63,669,605,226,118, it has absorbed a workforce of 99,687 people.

 

"This figure comes from 38,110 LKPM projects in the second quarter of 2024," said Nining in Bandung, Monday (12/8/2024).

 

1. There are five regions with high work absorption

Nining explained that there were five regions that were able to absorb a large number of workers in the second quarter. First, Bekasi Regency with a total workforce of 15,622 people, followed by Bogor Regency with 10,967 people.

 

"Then there is Bandung Regency which absorbed 9,397 people, then Subang with 8,515 workers, and finally Bekasi City with 7,602 people," she said.

 

2. Labor absorption is in various sectors

In addition, Nining noted that the realization of PMA and PMDN investments in the second quarter amounted to Rp63,669,605,226,118, an increase of Rp10,004,755,846,196 or an increase of 18.64 percent when compared to the same period in 2023 whose figure was Rp53,664,849,379,99.

 

Meanwhile, the number of labor absorption in 2024 has increased by 104.36 percent or increased by 50,908 people from the same period in 2023 of 48,779 people.

 

Then, in terms of the largest labor-absorbing sectors, Nining said there were five mainstay sectors.

 

"First, the processing industry which is able to absorb 61,976 workers, followed by wholesale, retail and repair trade which reached 14,488 people," she said.

 

3. West Java still highest in investment sector

Nining added that other workers were absorbed in the corporate health sector and food and beverage accommodation providers. The number of new workers is relatively large.

 

"Then there are health services and social activities that are able to absorb 6,102 workers, corporate services 3,942 people, finally there is the provision of accommodation and eating and drinking with 3,135 workers absorbed," he said.

 

Previously, Minister of Investment/Head of BPKM, Bahlil Lahadalia, at a press conference on Investment Realization for the Second Quarter of 2024 revealed five regions of FDI investment realization in the second quarter of 2024, with the first rank in West Java at USD2.5 billion (17.5 percent).

 

After that there was Central Sulawesi with USD2.1 billion (14.6 percent), DKI Jakarta with USD1.8 billion (12.9 percent), North Maluku with USD1.7 billion (12.4 percent), and Banten with USD1.3 billion (9.3 percent).

 

As for PMDN, the first location is DKI Jakarta with Rp33.1 trillion (16.1 percent), West Java with Rp25.6 trillion (12.1 percent), East Java with Rp25.1 trillion (10.3 percent), and West Nusa Tenggara with Rp25.2 trillion (7.2 percent). Bahlil also said that there are five major countries investing in Indonesia.

 

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