News - Metland Kertajati Strengthens Development of the Rebana Metropolitan Area

Metland Kertajati Strengthens Development of the Rebana Metropolitan Area

Dec, 30 2025

The Cirebon-Patimban-Kertajati (Rebana) Metropolitan Area is now emerging as a new center of economic growth in West Java, marked by accelerated infrastructure development, the growth of industrial estates, and increased investor interest due to its strategic location. The presence of the West Java International Airport (BIJB) in Kertajati, the expansion of toll road connectivity, and integrated government planning strengthen Rebana's projection as a future economic and industrial hub. There are 36 industrial tenants in the Rebana Area, with an investment value of over IDR 25 trillion by the third quarter of 2025, exceeding the figure for 2024*.

Helmi Yahya, Chief Executive of the Rebana Area Management Agency, stated in a presentation at the Metland Kertajati Media Gathering (13/12) that the Rebana Area recorded economic growth higher than both West Java and the national average. In the third quarter of 2025, Rebana's economic growth reached 5.53%*. "Majalengka is one of the fastest-growing regions in terms of development. Its economic growth rate in the third quarter of 2025 (YoY) reached 8.07%, the second highest in Rebana*, and it absorbed 18,933 workers by the third quarter of 2025, the highest in Rebana*," explained Helmi Yahya.

In line with this development, at the end of 2024, Metland introduced Metland Kertajati as a modern residential and commercial area to support the growing industry in the Rebana area. "A growing industrial area certainly requires housing facilities, both residential and hotels for long-stay guests in the surrounding area, and Metland Kertajati addresses this need," said Anhar Sudradjat, President Director of PT Metropolitan Land Tbk, in his remarks at a media gathering.

The Rebana area requires facilities that not only support mobility and industrial activity but also revitalize the area. The presence of Metland Kertajati provides new energy for the growth of the Rebana area and is a vital part of the region's transformation into a modern economic center of West Java.

Nitik Hening, Director of PT Metropolitan Land Tbk, explained the development concept for Metland Kertajati, which will be developed under the New City concept, combining residential areas, commercial centers, public facilities such as hotels, educational facilities, healthcare facilities, green open spaces, and an integrated business network.

In the first phase of development, Metland Kertajati opened a four-hectare plot of land under the name Sava Terra, offering a range of homes, shophouses, and boarding houses (rukos), all of which are currently sold out. Currently, the Dharmawangsa Shophouses are being marketed to revitalize the commercial area, and the Tanasultan Cluster, a premium residential complex, is being prepared. Land sizes range from 160 to 256 m2, priced starting at IDR 2.7 billion, targeting local residents seeking an improved quality of life through more upscale housing without having to move far from their familiar surroundings.

Metland Smara Hotel

On the same occasion, Wahyu Sulistio, Director of PT Metropolitan Land Tbk, conveyed Metland's strategic move to develop a hotel business network under the Metland Hotel Group (MHG) by using the Metland name for the hotels it develops. This step was taken with the aim of ensuring quality and excellent service and building loyalty to the Metland brand.

The nomenclature is based on star ratings, ranging from three-star, four-star, and four-star plus, and is categorized as a business hotel, resort, or boutique. Metland Smara is the name for a four-star business hotel (city hotel). "Smara" is derived from the Sanskrit word for love, which translates to a warm, friendly, and comfortable stay. "The name Smara is chosen in the same way as Venya, the previously operating Metland Venya, which is also derived from the Sanskrit word "Venya," meaning "loved," Wahyu explained.

Metland Smara Hotel Kertajati, which has been operating since 2021, is part of the Metland Kertajati development. In keeping with its category, Metland Smara Hotel Kertajati targets MICE events and the growing demand for modern accommodations for corporate businesses and industry in the Rebana area. The Metland Smara name will be used for other four-star Metland hotels, including its planned presence in Bekasi.

"Currently, MHG manages six hotels owned by Metland and will soon have eight hotels along with the development process of Metland Smara Bekasi and Metland Marron Tomohon," Wahyu concluded.

About PT Metropolitan Land Tbk (Metland)

PT Metropolitan Land Tbk (Metland) was founded in 1994 and has been listed on the Indonesia Stock Exchange (IDX) since June 2011. Metland is a leading and trusted property developer with over 30 years of experience in Indonesia. Metland's current portfolio comprises 21 projects, including nine residential and commercial projects, including four shopping centers, six star-rated hotels, two apartment buildings, and an office building.

Metland's residential projects include Metland Menteng, Metland Puri, Metland Cyber Puri, Metland Tambun Bekasi, Metland Transyogi, Metland Cileungsi, Metland Cibitung, Metland Cikarang, and the newest project, Metland Kertajati. Shopping centers include Metropolitan Mall Bekasi, Grand Metropolitan, Metropolitan Mall Cileungsi, and the One District at Puri commercial block, as well as hotel units including Hotel Horison Ultima Bekasi, Hotel Horison Ultima Seminyak Bali, Metland Smara Kertajati, Metland Hotel Bekasi, Metland Hotel Cirebon, and Metland Venya Ubud in Bali. Metland also owns commercial office properties and apartments, including the M Gold Tower and Kaliana apartments.

[SOURCE]

West Java Investment Reaches Rp50 Trillion in Q1 2026

Investment realization in West Java in the first quarter of 2026 has reached Rp50 trillion out of a target of Rp80 trillion. The government is now pursuing the remaining target by relying on Investment Activity Report (LKPM) submissions. Head of the Investment and One-Stop Integrated Service Office (DPMPTSP) of West Java, Dedi Taufik, stated that the provisional figure still has the potential to increase as more reports from business actors are submitted. Dedi explained that the government has extended the LKPM reporting deadline until April 15, 2026. The results of these reports will serve as the basis for determining the final investment realization in West Java. "On April 15, we will finalize the LKPM results, while also assessing the investment outlook going forward—whether the current geopolitical situation affects investment interest in West Java or not," he said. He emphasized that compliance of business actors in submitting LKPM reports is a key factor in ensuring comprehensive investment data. To boost investment realization, DPMPTSP West Java encourages all industrial estates and regency/city governments to actively ensure optimal reporting. "We urge industrial estates to promptly submit LKPM reports, and we also encourage regencies/cities not to focus solely on foreign direct investment (FDI), but to consider the significant potential of domestic investment (DDI)," he explained. This step is taken to ensure that investment contributions do not rely solely on foreign investment, but also optimize domestic potential. In addition to being an obligation, Dedi noted that LKPM also provides direct benefits to business actors, particularly in terms of guidance and ease of licensing. "Their reports also serve as the basis for evaluation and formulation of regional investment policies, and business actors receive support in the form of easier business licensing processes," he said. DPMPTSP West Java also provides technical assistance services for business actors facing difficulties in LKPM reporting. This service is designed to ensure that all business actors can fulfill their obligations on time. "Once again, LKPM is mandatory for all business actors," he concluded. [Source]

Apr, 13 2026

Indonesia's Giant Floating PLTS IDR 1.7 Trillion, Operating October 2023

Bisnis.com, JAKARTA — President Director of State Electricity Company (Persero) or PLN Darmawan Prasodjo inspected the Cirata Floating Solar Power Plant (PLTS) which is planned for commercial operation at the end of October 2023. The project has an investment of IDR 1.7 trillion. Darmawan said that currently his company is carrying out a number of trials to ensure that the electricity distributed from the PLTS with a capacity of 145 MWac or the equivalent of 192 MWp can be distributed properly. "I want to ensure the readiness of the Cirata floating PLTS to be operational. Currently we are carrying out various trials and ensuring that electricity from PLTS can be distributed properly. "We are optimistic that by the end of October 2023, this PLTS can be inaugurated," said Darmawan as quoted in a press release, Saturday (9/9/2023). Darmawan explained that the Cirata floating PLTS was the result of collaboration between the PLN Nusantara Power subholding and the energy company from the United Arab Emirates (UAE), Masdar. Through collaboration, this project is able to absorb more than 1,400 local workers. By applying sophisticated technology, this PLTS also creates new competencies for PLN. “Earlier I met several personnel, graduates of the best universities in this country. I asked a year ago whether they understood how to build and operate this floating PLTS? They know nothing about this. There are many challenges that must be resolved. "However, we managed to map these challenges," said Darmawan. He said the floating PLTS was located above the Cirata Reservoir, West Bandung, West Java. Spread across an area of 200 hectares built in 13 blocks with more than 340,000 solar panels, this PLTS is capable of producing 245 million kWh of clean energy per year and is capable of electrifying the equivalent of more than 50,000 houses, and will reduce carbon emissions by more than 200,000 tons per year. Meanwhile, with an investment value of IDR 1.7 trillion, this project is able to produce attractive investment returns, increase investor confidence and at the same time answer the challenge of clean energy. "This is also proof that PLN is able to present an attractive investment cooperation scheme so that it has succeeded in encouraging investor interest in developing renewable energy projects in other regions," he said. On the other hand, he ensured that PLN would continue to develop clean energy-based power plants. With clean energy potential reaching 360 GW, PLN is opening a space for investment cooperation for the development of clean energy in the country in realizing the 2060 Net Zero Emissions (NZE) target. On this occasion, Darmawan also launched the use of an electric boat called Nusantara e-Boat. The electric boat is used as an operational vehicle for Cirata floating PLTS officers. The floating PLTS, which is considered the largest in the Southeast Asia region, is supported by syndicated financing from three international banks, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale and Standard Chatered with a value of around US$140 million. The plan is that the floating PLTS will supply around 245 million kWh of electricity every year. Meanwhile, the electricity tariff set from this solar plant is quite competitive at US$5.8 cents per kilowatt hour (kWh). "This floating PLTS only uses around 25 percent of capacity, meaning we can still add up to 1 gigawatt," he said. The Cirata Floating PLTS will be run by Pembangkitan Jawa Bali Masdar Solar Energi or PMSE, which is a joint venture formed by a consortium of PLN's subsidiary, PT PJB Investasi (PJBI) with a share share of 51 percent with a company from the United Arab Emirates, Masdar with a share share of 49 percent. Previously, President Joko Widodo or Jokowi pushed for a sustainable and mutually beneficial financing scheme to accelerate the energy transition in the Southeast Asia or ASEAN region. Jokowi conveyed this initiative in front of the leaders of Asean member countries and other delegates when opening the Asean Indo-Pacific Forum in Jakarta, Tuesday (5/9/2023). "Sustainable and innovative financing, Asean needs US$29.4 trillion for the energy transition," said Jokowi. This projection comes from research by the International Renewable Energy Agency (IRENA) for the period up to 2050. By then, countries in the Southeast Asia region are expected to have switched 100 percent to renewable electricity generation. Jokowi hopes that each ASEAN country can initiate innovative financing schemes through sustainable and mutually beneficial partnerships to carry out the transition program. (SOURCE)

Oct, 03 2023

Bank Indonesia West Java Encourages Economic Growth Through Investment and New Economy

TRIBUNJABAR.ID, BANDUNG - Global geopolitical challenges and declining purchasing power are the main concerns by encouraging the investment, export and digitalization sectors. Bank Indonesia is optimistic that West Java's economic growth will still meet the target in the range of 4.6 percent to 5.4% in 2024. Deputy Head of the West Java Bank Indonesia Representative Office, Muslimin Anwar, said that West Java's economic growth in the second quarter of 2024 was recorded as growing at 4.95% (year on year/yoy), higher than the previous quarter which grew at 4.93% (yoy). This growth was driven by increased domestic consumption, improved export activity and increased investment. Sectors that contribute greatly to economic growth include the agricultural sector, processing industry, transportation, warehousing and trade. "West Java's economy is expected to continue to grow positively in the range of 4.6% to 5.4%, driven by strong domestic demand, increased community mobility, and infrastructure support that continues to develop," said Anwar, at the Road to West Java event Journalist Competition, Friday (4/10/2024) Anwar explained that there are several challenges that must be anticipated, including global uncertainty which has an impact on export demand, as well as potential disruption in the agricultural sector due to the El Nino phenomenon. However, Bank Indonesia is optimistic that the policies implemented, such as industrial downstreaming and accelerated digitalization, will have a positive impact on the West Java economy. One positive indicator of the West Java economy is controlled inflation. Until September 2024, West Java recorded inflation of 2.09% (yoy). West Java's annual inflation target of 2.5% is still on track. "Bank Indonesia will continue to strengthen synergies with various parties to maintain economic stability and support sustainable growth in West Java, one of which is maximizing the role of the TPID (regional inflation control team)," he said. Anwar explained that digitalization and infrastructure are also the keys to encouraging West Java's economy to continue to grow and develop. “Digitalization has created great opportunities for economic growth. "Currently, West Java has the most QRIS users nationally, which shows that digital transformation is underway," he said. In August 2024, there will be more than 11 million QRIS users in West Java. Meanwhile, the number of registered merchants reached 7.3 million, the majority of which came from micro businesses. He added that digitalization of payments not only encourages transaction efficiency, but also empowers micro and small businesses. The political year 2024, said Anwar, will also encourage an increase in domestic consumption driven by political activities. It is hoped that the momentum of the election will be able to support people's purchasing power, as well as strengthen the optimism of business actors after the election. "New economic development in the tourism, agricultural and other sectors is one way to face future global challenges," he said. Meanwhile, academic from the Faculty of Economics and Business (FEB) at Padjadjaran University (Unpad) Ari Tjahajawandita said that synergy between parties is one of the keys so that the West Java economy can continue to grow to face various challenges in the future. Ari proposed that the government can encourage and stabilize the economic sector which is already growing. Second, the government must improve the economic sector which is currently sluggish. "So what came down was to boost West Java's economic growth," said Ari. (SOURCE)

Oct, 07 2024

Bey Hopes Investment in West Java Will Bring Positive Impact

KBRN, Bandung: Acting Governor of West Java Bey Triadi Machmudin hopes that the realization of investment in West Java in 2025 can have a full positive impact on the community. He also hopes that investment in West Java will remain the highest from before. However, investment must still have an impact on the community, especially solving the current unemployment problem. "Hopefully it will remain the highest in 2025, but it is how this investment impacts the community. So don't just invest," said Bey on the sidelines of Bewara Jawa Barat (BEJA) entitled Realization of West Java Investment 2024 and Economic Prospects in Supporting Investment in West Java in 2025, in the East Hall of Gedung Sate, Bandung City, Tuesday, (11/2/2025). He explained that the pattern that must be carried out is how to encourage the absorption of labor. For example, said Bey, by synchronizing graduates with industry needs. "First, the problem of vocational schools, link and match must be maintained. So all workers should be able to come from West Java, that will reduce," he said. Not only that, synchronization between the investment industry and business actors such as MSMEs, in providing supporting spare parts needs must also be in line. "Link and match, for example, this investment requires a supply chain company. The supply chain must also be from West Java, so that it can build MSMEs around it," he said. He hopes that with the completeness of industrial needs starting from Human Resources (HR), to others, it will not only be able to attract more investors. But also able to absorb labor, in a joint effort to reduce unemployment and social inequality in society. [SOURCE]

Mar, 17 2025

The Right Steps for Long-Term Stock Investment for Beginners

The ever-changing dynamics of the global economy require individuals to develop a deeper understanding of asset management. Amid rising inflation that can gradually erode the value of conventional currencies, investment instruments become a crucial solution for preserving purchasing power in the future. Long-term stock investment stands out as one of the most rational choices for individuals who aim to build sustainable wealth by participating in the ownership of productive and innovative companies. Understanding the mechanisms of the capital market is a fundamental first step before allocating funds to risk-bearing assets. In principle, the growth of stock prices is driven by the performance of companies and macroeconomic conditions that support overall business stability. Beginner investors must recognize that daily price fluctuations are a natural part of the market ecosystem. However, over a longer time horizon, economic growth trends are generally reflected in the appreciation of high-quality stocks. One of the greatest advantages of long-term investing lies in the concept of compound interest, which allows profits to be reinvested and generate even greater returns over time. In today's digital economy, access to information and the convenience of trading through online brokerage platforms have significantly lowered the barriers to entry for the general public. This development enables investors to diversify their portfolios more efficiently while mitigating potential risks in both global and domestic capital markets. Selecting stocks with strong fundamentals is a key pillar in building a resilient investment portfolio. Investors are encouraged to focus on companies with consistent earnings records, professional management, and business models that remain relevant to modern economic developments. By carefully analyzing financial statements, investors can identify a company's intrinsic value and avoid speculative traps that often lead to short-term losses. Sector diversification is another smart strategy to protect investment value from shocks affecting a particular industry. Allocating capital across various sectors such as banking, consumer goods, and technology can provide balance when one sector experiences contraction due to fiscal or monetary policy changes. This approach ensures that the overall growth of a portfolio does not rely solely on a single entity but is supported by multiple engines of economic growth. Maintaining discipline through regular investment, commonly known as the dollar cost averaging method, is highly effective in dealing with volatile market conditions. By setting aside a portion of income periodically without being influenced by emotional market sentiment, investors can obtain a more competitive average purchase price over time. This method is particularly suitable for beginners because it helps minimize the risk of mistiming market entry during periods of uncertainty.[source]

Mar, 04 2026

Navigation