News - Managers Call Rebana Area a New Economic Driver in West Java

Managers Call Rebana Area a New Economic Driver in West Java

Aug, 22 2024

Majalengka (ANTARA) -
Bernardus Djonoputro, Managing Head of the Rebana Area Management Agency, said that the Rebana Metropolitan agglomeration area, which covers seven cities/regencies in West Java, is a new economic driver in the industrial sector for the province.

“The Rebana area covering Cirebon City, Cirebon Regency, Indramayu Regency, Majalengka Regency, Kuningan Regency, Subang Regency and Sumedang Regency is a new meeting pole for the economy in West Java,” Bernardus said in Majalengka, West Java, Wednesday.

He explained that of the 13 industrial estates covering 43 thousand hectares that are being developed in Rebana Metropolitan, seven of them have shown significant progress, especially in the East Cipali and Kertajati-Jatitujuh areas in the last two years.

According to him, investment activities in this area have also been going well and are expected to increase in the coming years.

Based on the latest data collection in 2024, his party noted that investment realization in Rebana Metropolitan increased by around 8.5 percent compared to 2023.

In addition, he said that the region's economic growth was already at 5.8 percent and this achievement was in accordance with the set target.

“We estimate the rapid growth of industrial estates in 13 industrial estates in the Rebana region. With an average area of 200 hectares per area, it is estimated that it can create 40 thousand new jobs,” he said.

Bernardus said that the development of industrial estates in the region can be accelerated because it is supported by infrastructure such as Kertajati Airport and Patimban Port, which are part of the National Strategic Project according to Perpres 87/2021.

In addition, he revealed that the industrial estate only occupies around 5 percent of the total land area in Rebana, so the rest can be allocated for green open space (RTH) and other needs to maintain the feasibility of housing in the area.

He added that each local government in the region acts as the Supervisory Board of the Rebana Area Management Agency, so that the development of industrial sites can be carried out properly.

“We strive for the Rebana area to become a new inclusive growth center, with integrated housing designed to meet the needs of the workforce,” he said.

SOURCE

West Java BI Predicts Economic Growth to Reach 4.9%

Warta Ekonomi, Bandung - Bank Indonesia West Java Provincial Representative Office predicts that economic growth in West Java in 2024 will reach 4.9 percent - 5.7 percent year on year. Head of West Java BI Representative Erwin Gunawan said this must be immediately responded to with optimism. However, he also invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," said Erwin to journalists after attending the launch of the 2023 Indonesian Economic Report (LPI) in Bandung, Wednesday (31/1/2024). Erwin also appealed to 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," he said Erwin said that the 2024 political year would increase consumption so that it would have a positive impact on West Java's economic growth. "Historically, election activities will have a positive impact on the economy. Moreover, in West Java, apart from the presidential election in February, it will also be followed by regional elections in November. Of course it will increase consumption in society," he explained. Erwin added that increasing consumption and demand in society must be balanced with controlling inflation through synergy and collaboration with related parties, including the West Java Provincial Government. "Increased consumption will also occur as the celebration of religious holidays approaches which coincides with the presidential and gubernatorial elections," he said. Meanwhile, 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. "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. Apart from that, during 2023 the number of people in 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 With regard to investment, 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, he 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 concluded. (SOURCE)

Feb, 02 2024

The Regional Secretary is committed to making Bogor Regency an attractive investment destination

Kabupaten Bogor (ANTARA) - Regional Secretary of Bogor Regency, West Java, Ajat Rochmat Jatnika is committed to making his region an attractive destination for investment. "We are committed to making Bogor Regency an attractive investment destination," said Ajat at the Investment Forum in Sentul, Wednesday. According to him, to achieve sustainable economic growth, investment oriented towards innovation and high technology needs to continue to be encouraged. This will strengthen the manufacturing base and create a resilient industrial ecosystem. Ajat explained, to achieve this goal, various efforts have been made, such as improving policies and regulations, accelerating the licensing process, improving the quality of human resources through training, and building infrastructure that supports industrial activities. Meanwhile, the Bogor Regency Investment and One-Stop Integrated Services Service (DPMPTSP) Irwan Purnawan noted that the investment value in the area reached IDR 12 trillion during 2023. He explained that the investment consisted of Domestic Investment (PMDN) worth IDR 8.8 trillion and Foreign Investment (PMA) of around IDR 3.16 trillion. The investment value, he said, exceeded the target set by the Bogor Regency Government, namely IDR 9 trillion. "This achievement is an achievement because it succeeded in placing Bogor Regency with the third highest investment realization in West Java Province in 2023," said Irwan. The highest realization was achieved by Bekasi Regency with total incoming investment of IDR 41.5 trillion and secondly Karawang Regency IDR 35.1 trillion. (SOURCE)

Oct, 29 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. SOURCE

Aug, 13 2024

Kuningan Regent Confirms Rp1.2 Trillion South Korean Investment to Advance Industrial Development

Kuningan Regent Dian Rachmat Yanuar has confirmed that a planned Rp1.2 trillion investment by a South Korean company will soon be realized in Kuningan Regency, West Java, as part of the region's industrial estate development. Speaking in Kuningan on Monday, Dian said the regional government is currently facilitating various preparatory stages to ensure the project can move into the construction phase as soon as possible. He explained that the investor plans to build a footwear manufacturing plant in the districts of Jalaksana and Japara, requiring approximately 22 hectares of land. "Our priority is to ensure that this investment stimulates the local economy and creates broader employment opportunities for the community," he said. According to Dian, the establishment of a new manufacturing industry will add significant value to Kuningan Regency's economic structure, which has long been dominated by the agricultural, trade, and service sectors. He noted that manufacturing activities would generate demand across a wide range of supporting industries, allowing the economic benefits to extend beyond the company itself to local businesses. "We hope this project will create new business opportunities and enable more residents to enter the workforce," he added. The regional government, Dian said, remains committed to fostering a conducive investment climate by accelerating licensing services and providing the necessary infrastructure support. In addition, the regency administration continues to maintain close communication with the investor to ensure the investment is implemented according to schedule while providing greater certainty for the business community. Dian expressed confidence that the arrival of this large-scale investment would strengthen investor confidence and encourage other businesses to invest in Kuningan Regency. He added that the new industrial facility is expected to stimulate the growth of supporting businesses in logistics, transportation, raw material supply, accommodation, and the micro, small, and medium-sized enterprise (MSME) sector. "This investment is expected to become one of the key drivers of new economic growth while strengthening Kuningan Regency's competitiveness as an investment destination in eastern West Java," he said. [SOURCE]

Jun, 30 2026

To Strengthen Regional Investment, the Subang Investment Forum Will Present Helmy Yahya

Helmy Yahya, Head of the Rebana Metropolitan Area Management Agency, will be a keynote speaker at the 2026 Subang Investment Forum (SIF), which will take place on June 24, 2026, at the Oman Sahroni Hall, Subang Regency Government Office. At the forum, themed "Connecting Investment, Empowering the Local Economy," Helmy Yahya is scheduled to deliver a keynote speech in the Economic and Business Talk session, the main agenda item. Helmy Yahya's presence is considered strategic given his role in overseeing the development of the Rebana Area, a new metropolitan area in West Java projected to become a center of national economic growth based on industry, logistics, investment, and connectivity. Subang itself is a key area in the development of Rebana. Strategic infrastructure support, such as Patimban Port, Cipali Toll Road access, railway networks, and industrial estate development, make Subang Regency an increasingly popular investment destination. Helmy Yahya will discuss investment opportunities, the direction of the Rebana Area's development, and strategies for making the northern region of West Java a new engine of economic growth in Indonesia. In addition to Helmy Yahya, SIF 2026 will also be attended by Subang Regent Reynaldy Putra Andita BR, Subang Deputy Regent Agus Masykur, local government officials, investors, banks, business actors, academics, and various other stakeholders. The Head of the Subang Regency DPMPTSP, H. Dikdik Solihin, stated that this forum is a crucial opportunity to connect investors with various business and investment opportunities available in Subang Regency. In addition to economic and business discussion sessions, the event will also feature business networking, the signing of a memorandum of understanding (MoU), and awards for companies that consistently submit their Investment Activity Reports (LKPM). By featuring Helmy Yahya as the keynote speaker, the Subang Regency Government hopes that SIF 2026 will strengthen investor confidence and accelerate investment realization, which will impact job creation and regional economic growth. [SOURCE]

Jun, 12 2026

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