News - Minister Bahlil Showcases Indonesia's Investment Realization

Minister Bahlil Showcases Indonesia's Investment Realization

Jul, 31 2024

Minister of Investment or Head of the Investment Coordinating Board
Investment Coordinating Board (BKPM) Bahlil Lahadalia proudly
revealed that during the second quarter period.

In the latest data, foreign investment (FDI) in Indonesia managed to score Rp 428.4 trillion. In his statement, a mentioned that the figure rose 6.3 Percent from the previous quarter and up 16.6 Percent from the second quarter of 2023.

Bahlil added that Indonesia's success in bringing in mask investors into the country is something to be proud of considering that currently there are 95 countries that have applied for loan assistance to the International Monetary Fund (IMF) due to uncertain global economic conditions.

“We all know that currently the global economy is
is still in a concerning condition.
In fact, there are already a total of 95 countries that have become patients of the IMF,” Bahlil said in a press conference held at the Ministry of Finance in a press conference held at the Ministry of
Investment on Monday, July 29, 2024.

Referring to data from the Ministry of Investment, it was also mentioned that there were five countries with the largest investment in Indonesia during the first period of 2024. Among these countries, Singapore managed to occupy the first position and was followed by China in the second position.

According to Bahlil's statement, Singapore has invested in
Indonesia amounting to 8.9 billion US dollars until the first semester period of 2024.
2024. Then. China also followed by investing
3.9 billion US dollars.

The five largest investment recipient regions are West Java
with a nominal value of Rp 63.7 Trillion, DI Jakarta with Rp 62 Trillion,
East Java Rp 35.6 Trillion, and Banten Rp 33 Trillion, and Central Sulawesi Rp 32.8 Trillion. Central Sulawesi Rp 32.8 trillion.
“This shows that industrialization is running massively. Behind
uncertainty of the global economy, we are grateful that the global public still trust our country to be one of the investment destinations,” Bahlil explained.

“This shows that industrialization is running massively. Despite the global economic uncertainty, we are grateful that the global public still trusts our country to be one of the investment destinations,” Bahlil explained.

SOURCE

All About Tofu Culinary Festival Brings High Turnover for MSMEs

A total of 18 tofu culinary MSME actors showed off their creations at the All About Tofu Culinary Festival at Cihampelas Walk. Taking place on 2-7 July 2024. This activity is part of the Industrial Center Festival. Based on the monitoring of Bandung City Public Relations, the third day of the All About Tofu Culinary Festival presented a variety of new innovations in the food ingredient tofu. Starting from mochi to donuts made from tofu. Not only that, the turnover of the All About Tahu Culinary Festival is also reported to have increased compared to last year's event. When confirmed, the Bandung City Trade and Industry Service (Disdagin) Industrial Center Planning Sub-Coordinator, Rina Shanti, said that this activity provided a large turnover for MSME players. "Individually, the report we received was that one tenant earned around IDR 2.5 million - IDR 4.5 million per day. However, we will check the final results on the last day of the event," said Rina, Thursday (4/7/2024 ). He also said that this activity was support for the Industrial Center Festival, which featured dozens of Bandung City MSME products. "This activity is as support. Because we have a tofu center. We want to increase their turnover with innovation. So that tofu is not only fried, but still tastes delicious," he said. Head of the Industrial Planning and Development Division of the Bandung City Disdagin, Galih Praasih, hopes that this activity will be able to improve the tofu centers and culinary business actors fostered by the Bandung City Government. Participants who take part in this event have been previously curated by the Bandung City Disdagin. There were as many as 60 business actors who took part in the curation. "We raised this theme because as a coach, there is a Cibuntu Tofu Center, there is also coffee," he said. SOURCE

Jul, 09 2024

Ministry of Communication and Information Facilitates Indonesian Startups To Achieve Investment of IDR 2.6 Trillion

Jakarta (ANTARA) - The Ministry of Communication and Information (Kemenkominfo) continues to strive to grow startup capacity in Indonesia, including by bridging Indonesian startups to be able to obtain funding from venture capitalists both at home and abroad with total funding received reaching 172.3 million US or the equivalent of IDR 2.6 trillion. "This is quite large, because compared to our spending, the impact felt is six times greater and this is what startup friends feel," said Director of the Digital Economy of the Ministry of Communication and Information Bonifasius W Pudjianto at the Ministry of Communication and Information Technology Office, Central Jakarta, Friday . Boni said that the Ministry of Communication and Information, in terms of facilitating startup development in Indonesia, also pays attention to network expansion and also opens up opportunities for investors from within the country and abroad to see the potential of local startups. The program focused on this activity is called HUB.ID, a program released in 2021 and there are two activities in it, namely HUB.ID Accelerator and HUB.ID Summit. The HUB.ID Accelerator program focuses on opening networks for startups, while the HUB.ID Summit is a matchmaking event between startups and potential investors who are venture capital to explore investment potential. The Ministry of Communication and Information noted that by 2023 there will be 63 startups facilitated through HUB.ID activities. In 2024, HUB.ID will again hold the HUB.ID Summit event, but in collaboration with the Nexticorn foundation, the event is designed to be the NextHub Global Summit. This event will take place on 23-25 September 2024 in Nusa Dua, Bali with the theme "Defrosting the Tech Winter". Even though there was a "Tech Winter" condition in the startup ecosystem in Indonesia which caused many startups to close down, the Ministry of Communication and Information remains optimistic that in the post-pandemic period, the investment climate in the startup ecosystem is starting to improve. Boni said the Ministry of Communication and Information continues to be committed to providing support for the growth of digital startups in Indonesia through many programs. "This cannot be stopped, we must continue to encourage young colleagues to develop their businesses in a digital direction. Because digitalization can expand to many things, starting from MSMEs to downstreaming to strategic sectors," said Boni. He further added, "We at the Ministry of Communication and Information even oversee the agriculture, fisheries, education, health, logistics and tourism sectors so that these sectors can further grow, develop and have an economic impact on society." (SOURCE)

Oct, 01 2024

South Korean Investment Dominates Foreign Direct Investment in Purwakarta in 2025

South Korean investment became the main highlight in foreign direct investment in Purwakarta throughout 2025, reflecting strong investor confidence in the region’s economic potential. Purwakarta recorded a significant increase in investment realization during 2025. The latest data shows the dominance of foreign investors from South Korea. This achievement confirms Purwakarta’s position as an attractive investment destination in West Java. The Investment and One-Stop Integrated Service Agency (DPMPTSP) of Purwakarta Regency reported that the total investment realization reached IDR 12.47 trillion. This figure exceeded the target of IDR 11.20 trillion. This success was supported by a conducive business climate. Purwakarta Regent Saepul Bahri Binzein highlighted the strategic role of industrial areas in the region. These industrial zones have become the main attraction for global investors, including those from South Korea who contributed the largest share of foreign investment. Purwakarta Investment Realization Exceeds the 2025 Target From January to December 2025, Purwakarta successfully recorded a very encouraging investment realization. The total investment reached IDR 12.47 trillion. This amount exceeded the initial target of IDR 11.20 trillion, or 111.36 percent of the target. This achievement indicates a positive trend and increasing investor confidence in Purwakarta’s economic potential. The investment consisted of foreign direct investment (FDI) and domestic investment (DDI). Domestic investment contributed approximately IDR 9.58 trillion. Meanwhile, foreign direct investment (FDI) contributed IDR 2.89 trillion. This strong investment realization serves as a key indicator of regional economic growth and demonstrates the effectiveness of local government policies. Dominance of South Korean Investment in Purwakarta In addition to South Korea, several other countries also invested in Purwakarta. Japan contributed IDR 435.36 billion, Singapore IDR 383.85 billion, and the Netherlands IDR 295.85 billion. The diversity of foreign investors strengthens the region’s industrial ecosystem. The dominance of South Korean investment is closely related to the attractiveness of Purwakarta’s industrial areas. Many South Korean companies see significant opportunities in the manufacturing sector and other industries, while also benefiting from the region’s strategic location. Purwakarta Becomes an Investment Magnet in West Java This impressive investment achievement places Purwakarta in fifth position among the most attractive regencies or cities for investors in West Java during the January–December 2025 period. This represents a significant improvement for the region. Regent Saepul Bahri Binzein aims for Purwakarta to rise to fourth place this year. This target is supported by the presence of several strategic industrial zones, including Jatiluhur Industrial Smart City and Purwakarta Integrated Industrial Park (PIIP). In addition, the Megatama and Cikao Park industrial areas also serve as major attractions for investors. The availability of adequate industrial infrastructure further strengthens investor confidence and demonstrates the potential for sustainable economic growth in Purwakarta. [Source]

Mar, 09 2026

Bay Machmudin Gives Awards to Champion Mosques, Islamic Boarding Schools and Ulama, Becoming Sustainable Investments

TRIBUNJABAR.ID,BANDUNG - Acting Governor of West Java Bey Machmudin gave award to mosques, Islamic boarding schools and ulama in West Java who are considered to play an important role as the front guard in implementing the religious and moral values of society. The awarding of the award entitled Appreciation of West Java Mosques, Islamic Boarding Schools and Ulama (AMPU Jabar) was held at the West Java International Airport (BIJB) Kertajati, Majalengka Regency, Friday (1/12/2023). "I would like to thank the leaders of Islamic boarding schools, mosques and ulama who have been at the forefront in implementing the religious and moral values of society in West Java. Through Islamic boarding schools and mosques, education or development of our human resources is carried out not only through formal education and school," he said. The awarding which was held at BIJB Kertajati as the second largest airport in Indonesia was classified into three main categories, namely Champion Islamic Boarding Schools (298 Islamic boarding schools), Champion Mosques (117 mosques), and Champion Ulama (206 people) with predetermined Sub Categories. On this occasion, Bey expressed the commitment of the West Java Provincial Government to not only provide ceremonial awards, but also support it with real action. "The West Java Provincial Government is committed to not only providing ceremonial awards, but also real support in the form of facilities, development programs and strengthening religious institutions. This appreciation will be a sustainable investment in the spiritual and social development of the people of West Java," explained Bey. Apart from that, on the same occasion, Bey gave his appreciation to athletes and coaches who have made West Java proud in terms of sporting achievements at national and international events. "Of course this is a source of pride for all of us West Javanese who excel and of course they will be an inspiration for the younger generation to continue to excel in sports," he said. He hopes that the athletes who will compete at the XXI/2024 National Sports Week (PON) in Aceh and North Sumatra will make good achievements and be able to achieve a hat trick for West Java as overall champion. "The target of the General Chairperson of the West Java KONI is the overall champion (PON 2024). Please pray, ladies and gentlemen, (West Java) will become the overall champion for the third time," he said. Closing his remarks, he hoped that an increasingly advanced and superior West Java could be realized with the awarding of these appreciations. "Hopefully this appreciation will be a good start for our journey together in realizing an increasingly advanced and superior West Java," concluded Bey. The awards for outstanding athletes and coaches in West Java Province were given to 153 participants in the 2022 Vietnam Sea Games, 74 people in the 2022 Surakarta Asean Para Games, and hundreds of other athletes and coaches. (SOURCE)

Dec, 08 2023

West Java Provincial Government is Looking for Investments That Can Have a Direct Impact on Reducing Unemployment and Poverty

PRFMNEWS - The West Java Provincial Government (Pemprov Jabar) has stated its commitment to continue looking for investments that can have a direct impact on reducing unemployment and poverty. West Java Regional Secretary, Herman Suryatman stated that investment in West Java must be inclusive. This means that it has a direct impact on society, especially to overcome the problems of unemployment and poverty. Herman explained that currently West Java is the province with the highest investment in Indonesia, reaching IDR 210.6 trillion. This figure is the investment realization in 2023 last year. "Of course we hope that we will continue to maintain this investment, especially not exclusive, but inclusive investment, which has a direct impact on reducing unemployment and poverty," he explained at the Coordination Meeting for the Preparation of the 2024 Strategic Investment Downstream Study in West Java Province, which was held in Bandung City , Thursday 4 July 2024. Herman continued, one of the West Java Provincial Government's strategic steps to make this happen is by downstreaming existing investments in West Java. "One of the strategies in this investment is to carry out downstream strategic investments, one of which is in the oil and gas sector," he said. Herman added, the investment downstream strategy has been implemented long ago by the central government, and the West Java Provincial Government itself will follow these steps and is committed to becoming the leading province in carrying out downstreaming. "The end is how the people of West Java prosper. Because investment is really only a target, the main target is making our country strong, making West Java strong, advanced, branched, which is marked by a prosperous society," he concluded. (SOURCE)

Jul, 08 2024

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