News - Minister of Youth and Sports Erick Thohir Prepares Sports Industry and Sports Tourism as New Centers for Economic Growth

Minister of Youth and Sports Erick Thohir Prepares Sports Industry and Sports Tourism as New Centers for Economic Growth

Jan, 13 2026

Bandung: The Minister of Youth and Sports of the Republic of Indonesia (Menpora RI), Erick Thohir, stated that the Ministry of Youth and Sports, along with other ministries, has agreed to strengthen the national sports ecosystem and make the sports and sports tourism industries part of the new economy.

Menpora Erick made this statement while attending the Satria Muda Pertamina Bandung Official Team and Jersey Launch 2026 at the C-Tra Arena Sports Hall in Bandung, West Java, on Monday (January 5). "My presence here aligns with the Ministry's policy direction, which currently has a Deputy for Sports Tourism and International Relations," he said.

According to him, the Deputy for Sports Tourism and International Relations was only established a few months ago, with the goal of making the sports and sports tourism industries centers of new economic growth. This idea was also agreed upon across ministries during the previous Indonesia Sport Summit.

"Yesterday, when I held the Indonesia Sport Summit, I hoped that all stakeholders in the sports and sports tourism industries could become centers of new economic growth," explained Menpora Erick.

"And thank God, yesterday, Minister Abdul Mu'ti from the Ministry of Finance, the Ministry of Home Affairs, and the Ministry of Elementary and Secondary Education and Training, all attended. We agreed that the sports industry could be a centerpiece of the new economy, including sports tourism," he added.

Minister of Youth and Sports Erick also opened up the possibility of collaboration with local governments, particularly the city of Bandung, which he believes has great potential to be developed as a sports tourism city. He assessed that the local government also has a strong commitment to supporting this development.

"Thank God, Mr. Farhan (Mayor of Bandung) is committed, and Bandung itself has great potential to become a sports tourism city, and the Ministry of Youth and Sports can collaborate on this. I also support several local brands, and I will visit their factories because it creates jobs," he explained.

"So, I'm doing this, just like in North Sumatra, East Java, and Jakarta. This is because there is new economic growth in the sports industry, not just the creative industry. Because sports are closely related to the creative industry," the Minister concluded.

Meanwhile, Bandung Mayor Farhan expressed his gratitude for the Minister's trust and hoped that West Java would be able to contribute more internationally successful athletes in the future. "We ask for your prayers and support. West Java will also build a sports school like the one in Ragunan (Jakarta)," added Bandung Mayor Farhan.

[SOURCE]

Pegadaian Gold Investments in West Java Soar 295 Percent, with Millennials and Gen Z the Main Drivers

PT Pegadaian Regional Office (Kanwil) X West Java reported a significant increase in gold investment throughout 2025. This growth reached 295.51 percent year-on-year (yoy), demonstrating the strong appeal of gold as an investment instrument. This surge was largely driven by the active participation of millennials and Gen Z, who are increasingly aware of the importance of securing future assets. The Regional Head of PT Pegadaian Regional Office X West Java, Dede Kurniawan, revealed on Tuesday in Bandung that this growth figure exceeded the company's initial expectations. This phenomenon reflects a shift in behavior among West Java residents, who are now more oriented towards long-term investments. Gold remains a favorite choice amidst global economic uncertainty, affirming its position as a safe haven asset. The largest contribution to this massive growth comes from the Gold Savings sector, which is highly sought after by young people. Furthermore, the Gold Installment program is also a popular option for workers and business owners in West Java for more targeted financial planning. Value stability and high liquidity are key reasons why gold remains relevant as a safe investment instrument. The Appeal of Gold Amidst Economic Dynamics Pegadaian's gold investments demonstrated exceptional performance in 2025, with growth reaching 295.51 percent in West Java. This figure demonstrates that gold remains a highly sought-after investment instrument, especially amidst the constantly changing global economic fluctuations. Millennials and Gen Z are the main drivers behind this surge, demonstrating increased financial awareness among young people. Dede Kurniawan explained that this nearly threefold growth is not merely a statistic, but rather an indicator of a shift in societal mindset. West Javanese people are now more focused on long-term investments to maintain their financial stability. Gold is considered a safe option due to its stable value and ease of liquidation. Gold's characteristics as a safe haven asset make it a primary choice during times of economic uncertainty. Its stable value and high liquidity provide a sense of security for investors. Therefore, it is not surprising that Pegadaian gold investments continue to attract interest from various groups, especially the younger generation seeking financial security. Pegadaian's Flagship Program Attracts Young Investors A significant contribution to Pegadaian's gold investment growth comes from its highly popular Gold Savings program. This program is designed to make it easier for people, especially millennials and Gen Z, to start investing in gold with affordable capital. Easy access and flexibility are key attractions for this digitally savvy generation. In addition to Gold Savings, the Gold Installment program is also a favorite among workers and business owners in West Java. This program allows them to acquire gold in installments, according to their individual financial capabilities. This option is very helpful in long-term financial planning without burdening monthly cash flow. These two programs demonstrate Pegadaian's commitment to providing innovative and inclusive gold investment solutions. With the various options offered, Pegadaian has successfully reached a wider market segment. This strengthens Pegadaian's position as a market leader in pawn-based financial solutions and gold investment in the West Java region. Pegadaian's Strategy to Strengthen Digital Financial Literacy Facing the 2026 financial year, PT Pegadaian Regional Office X West Java plans to strengthen its service reach. This strategy involves optimizing the role of Pegadaian agents and collaborating closely with local communities. The goal is to ensure easy access to gold investment for all levels of society, including those in remote areas. The company's primary focus going forward is strengthening digital financial literacy. Dede Kurniawan emphasized that this effort is crucial to ensuring information and access to gold investment can reach all villages in West Java. Pegadaian aims to make gold investment part of a healthy financial lifestyle for everyone. By strengthening digital literacy and reach, Pegadaian hopes to maintain its position as a market leader. This initiative also aligns with the government's efforts to increase financial inclusion in Indonesia. Through innovation and education, Pegadaian hopes to increase demand for gold investment and provide sustainable financial benefits. [SOURCE]

Jan, 07 2026

Investment in West Java Must Have an Impact on Community Welfare

Bisnis.com, BANDUNG -- West Java Provincial Secretary Herman Suryatman encourages investment in West Java to have a direct impact on the welfare of residents. West Java Province has become a favorite destination for both Foreign Direct Investment (FDI) and Domestic Investment (DDI) companies, consistently ranking first nationally because West Java's investment realization consistently exceeds the targets set by the Investment Coordinating Board (BKPM). Herman also hopes that investment absorption in West Java can improve human development indicators in the province. For example, unemployment rates, social inequality (Gini ratio), and poverty alleviation. “This morning, we are consolidating ourselves so that the performance of the West Java Provincial Investment and Integrated Services Agency (DPMPTSP), which is already excellent, can be even better. One thing we will create is how investment can have an impact on improving the welfare of the community,” he said on Tuesday (11/6/2024). Basically, Herman acknowledged that West Java's licensing and investment services are among the best in the country. Therefore, he reiterated that this should have a direct impact on community welfare. “We can reduce unemployment, the Gini index, and poverty through licensing and investment tools,” said Herman. Another thing Herman aims to achieve is to facilitate business permits for West Java residents with micro or super-micro businesses. "Stay tuned for the date. We will help, of course together with the regencies and cities,“ he said. Head of the West Java DPMPTSP Nining Yuliastiani stated that her office is ready to respond to this challenge. She is also committed to realizing the community welfare that Herman is targeting through inclusive and sustainable investment. ”We will realize community welfare through inclusive and sustainable investment," said Nining. [Source]

Oct, 30 2025

Jotun Inaugurates Water-Based Paint Factory in Cikarang, Investing Rp1 Trillion to Strengthen Manufacturing Industry

Global paint and coatings company Jotun has officially inaugurated its newest water-based paint factory in Cikarang, West Java, with an investment of IDR 1 trillion. This step is a key strategy to strengthen production capacity and support the growth of the manufacturing industry in Indonesia. Jotun Indonesia President Director, Arun Kumar, stated that Indonesia is one of Jotun's key markets globally. Of the company's more than 100 operating countries, Indonesia is among the company's 10 largest contributors. "The inauguration of this facility reflects our confidence in the potential of the Indonesian market, as well as our commitment to strengthening local manufacturing and bringing global quality closer to consumers," he said at the factory inauguration in Cikarang on Wednesday (April 15, 2026). The new factory is projected to increase Jotun's production capacity to 100 million liters per year. The facility is expected to ensure more stable product availability, faster distribution, and consistent quality for construction and residential projects. Furthermore, the facility is equipped with modern, integrated manufacturing technology to increase production efficiency and support sustainable business growth. The growth of the construction sector and the increasing demand for high-quality products suited to tropical climates make Indonesia a strategic market for Jotun. This investment also aligns with the government's target, set by the Ministry of Industry of the Republic of Indonesia, of 5.51% manufacturing industry growth by 2026, with a contribution to the national Gross Domestic Product (GDP) of 18.56%.[Source]

May, 29 2026

Dedi Mulyadi Reveals Strategic Plan to Build West Java Economy Post-Eid, Encourages Accelerated Investment

STRATEGINEWS.id, Jakarta – West Java Governor, Dedi Mulyadi, has shown a quick step or “step on the gas” in revealing a strategic plan to build the West Java economy after Lebaran 2025. Through his social media uploads, Dedi emphasized the importance of encouraging investment and accelerating the licensing process. “One is to encourage investment to run quickly. The licensing process should not be convoluted, I prove it today that I always provide advocacy,” said Dedi Dedi gave an example of the advocacy carried out in the construction process of the BYD company in Subang, which is expected to absorb between 16,000 and 18,000 workers. As a regional head who has a vision for the future of developing West Java, Dedi is committed to resolving issues related to land acquisition in the Subang industrial area which is hampered by brokering practices "There are only a few issues such as land acquisition in the industrial area in Subang which is still hampered by brokering practices, people enjoy huge profits from land brokering. I will handle and complete that in April," he said. In addition to investment, Dedi also emphasized the importance of post-Eid infrastructure development, which includes roads, irrigation, schools, electricity networks for the poor, and houses for the poor. The total funds needed for this development are estimated to be more than IDR 5 trillion. "This development will certainly have an impact on increasing opportunities for people to work, especially informal sector workers who dominate the economic management system in West Java," he explained. Regarding the recruitment of workers in West Java, Dedi encouraged an online-based job application system so that there would be no more queues of job applicants. According to him, companies that need workers can directly access the job fair prepared by the West Java Provincial Government. "Later, those who have the skills will be called. Then after being accepted, they will take care of the requirements, not taking care of the application requirements that may not be accepted. So that everything will run smoothly," he added. Dedi reminded the importance of creating a conducive environment for entrepreneurs by reducing interference from officials, mass organizations, NGOs, or thugs. To attract investment, he is also committed to providing various investment relief so that investors feel appreciated when investing in West Java. "Because they provide jobs," he said. Take firm action in various sectors Dedi Mulyadi, who was inaugurated on February 20, 2025, immediately took firm action in various sectors. One of his focuses is budget efficiency, such as cutting West Java's APBD spending by IDR 6 trillion the day after his inauguration. The funds from this efficiency were diverted to more useful programs, such as the construction of high school classrooms, the budget for which was increased from IDR 60 billion to IDR 1.2 trillion. This step shows his commitment to strengthening basic infrastructure, which is an important foundation for economic growth. Some of the initial policies and visions that he has conveyed provide an overview of the direction that will be taken to drive the West Java economy. In addition, Dedi emphasized the importance of the agricultural sector as the backbone of the West Java economy. He once expressed his desire for farmers to get decent profits, by encouraging Bulog to buy grain directly from farmers at an ideal price, around IDR 900 thousand per quintal, and building standard warehouses to maintain the quality of rice. After Eid, which is usually a transition period after a long holiday, Dedi seems to be taking advantage of this momentum to strengthen food security and support the productivity of the agricultural sector, which is crucial for the local economy. In terms of spatial planning and environment, Dedi also plans to reorganize areas such as Puncak Bogor to prevent disasters and support sustainable tourism. Policies such as giving public transportation on the Puncak route a holiday during the Eid holiday and evaluating tourism projects such as Eiger Camp show his concern for traffic management and ecosystem preservation, which indirectly impacts investment attractiveness and the regional economy. With the "step on the gas" approach that he has shown since he took office, he is trying to make West Java the locomotive of the Indonesian economy, in line with the support that was conveyed by local entrepreneurs such as TB Nasrul Ibnu HR in September 2024. The next concrete steps are expected to be clearer after he holds a strategic meeting with the ranks of the West Java Provincial Government and his advisors, such as Ignasius Jonan and Susi Pudjiastuti, whom he has collaborated with to accelerate development. [SOURCE]

Apr, 10 2025

Subang Industrial Region: A New Economic Growth Hub in West Java

The Subang Industrial Region is rapidly gaining attention from both domestic and international investors. Located in West Java, this area has been strategically developed as one of Indonesia’s key industrial zones, supported by modern infrastructure and a highly advantageous location. Situated near Patimban Port, the Trans-Java Toll Road, and Kertajati International Airport, the Subang industrial area offers high operational efficiency for businesses, particularly in the automotive, logistics, manufacturing, and agro-industrial sectors. It is therefore widely projected to become one of Indonesia’s major investment hubs in the near future. Strategic Location Advantages The Subang Industrial Region possesses geographical advantages that are difficult to match: Close to Patimban Port (± 40 km) → This proximity significantly facilitates export and import activities, especially for automotive, electronics, and logistics industries.Connected to the Trans-Java Toll Road → The region serves as an economic gateway connecting Jakarta, Bandung, and Central Java, enabling efficient land transportation across major industrial corridors.Access to Kertajati International Airport → Air connectivity supports cargo distribution needs and international business mobility. With these strategic advantages, investment in the Subang Industrial Region becomes an attractive option for companies seeking to enhance global competitiveness. Infrastructure and Supporting Facilities As a modern industrial zone, Subang offers world-class infrastructure designed to meet industrial demands: Reliable Power and Energy Supply → Stable electricity provided by the national grid, along with environmentally friendly energy options, supports sustainable industrial operations.Clean Water Treatment Systems → A dependable water supply infrastructure ensures operational continuity for large-scale manufacturing industries.Integrated Logistics Connectivity → Access to land, sea, and air transportation positions Subang as an emerging logistics hub in West Java.Supporting Ecosystem Facilities → Warehousing, commercial areas, and worker residential facilities are available to create a productive industrial ecosystem. High-Potential Industrial Sectors The Subang Industrial Region is designed to accommodate a diverse range of priority industries: Automotive and component manufacturing → leveraging proximity to Patimban PortLogistics and warehousing → for domestic distribution and export activitiesChemical and pharmaceutical industries → supported by reliable infrastructureAgro-industry and food processing → utilizing Subang’s agricultural potentialElectronics and technology industries → aligned with Indonesia’s growing digital economy This sector diversification strengthens the resilience of the Subang industrial region against global economic fluctuations. Investment Advantages There are several key reasons why this area is becoming a preferred investment destination: Government Incentives → Simplified licensing procedures and potential tax benefits enhance investment attractiveness.Competitive Workforce → Subang offers a productive labor force with relatively efficient labor costs.Local Economic Growth Opportunities → Industrial development stimulates SMEs and business opportunities around the region.Green Industry Concept → Sustainability principles and environmentally responsible practices align with global industry standards. Positive Impact on the Community Beyond investment benefits, the development of the Subang Industrial Region also provides direct advantages to surrounding communities: Creation of thousands of new job opportunities.Improvement of regional infrastructure quality.New business opportunities for local SMEs.Positioning Subang as a competitive investment center in West Java. With its strategic location, modern facilities, and strong government support, the Subang Industrial Region has emerged as one of Indonesia’s most promising industrial zones. Its presence not only attracts investors but also delivers meaningful economic benefits to local communities. This is why the Patimban region is increasingly recognized as one of Indonesia’s future investment centers. [Source]

Mar, 09 2026

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