News - Selangor to Bring 150 Delegates to West Java to Explore Investment Cooperation Opportunities

Selangor to Bring 150 Delegates to West Java to Explore Investment Cooperation Opportunities

Jun, 22 2026

Invest Selangor Berhad will bring approximately 150 delegates to Bandung, West Java, on July 9–10, 2026, to explore trade and investment cooperation opportunities with the provincial government and local business communities.

The visit forms part of SIBS@ASEAN: Bandung Edition, marking the first time the business forum has been held outside Malaysia since its inception nearly a decade ago.

Chief Executive Officer of Invest Selangor Berhad, Dato' Hasan Azhari Hj. Idris, stated that the Bandung edition aims to strengthen Selangor’s economic ties with countries across Southeast Asia, particularly Indonesia.

"The Bandung Edition marks a new chapter for the Selangor International Business Summit, as it expands beyond Malaysia’s borders for the very first time," Hasan Azhari said in an official statement on Saturday (June 20, 2026).

He added that the delegation will be led by Selangor Menteri Besar Dato' Seri Amirudin bin Shari and will comprise government representatives, business leaders, industry associations, and investors from various sectors.

According to Hasan, the forum is expected to create new avenues for collaboration and investment between Selangor and West Java.

Bandung was selected as the host city due to its similarities with Selangor, particularly in the development of the manufacturing sector, digital technology ecosystem, and micro, small, and medium-sized enterprises (MSMEs).

"As we celebrate a decade of SIBS' success, we believe this is the right time to bring Selangor directly to our ASEAN neighbors," he said.

The two-day event will feature business exhibitions, investment forums, and industrial site visits.

The exhibition, organized in collaboration with Tourism Selangor and Education Malaysia Global Services (EMGS), will involve around 60 Selangor-based entities showcasing collaboration opportunities in the medical tourism and education sectors.

Meanwhile, the investment forum scheduled for July 9 will focus on trade and investment opportunities between Selangor and West Java in key sectors, including digital technology, property, manufacturing, and logistics.

The forum is expected to be officially opened by Selangor Menteri Besar Dato' Seri Amirudin bin Shari and West Java Governor Dedi Mulyadi.

In addition to discussions on Malaysia–Indonesia supply chains and investment prospects, the agenda will include the signing of several Memoranda of Understanding (MoUs) involving government institutions, industry players, tourism stakeholders, and educational institutions from both regions.

On the second day, the Selangor delegation will visit several strategic industrial sectors in West Java to assess investment potential and explore cooperation opportunities with local businesses.

Invest Selangor stated that the initiative forms part of its broader efforts to strengthen economic relations between Selangor and West Java through enhanced trade and investment collaboration.

[SOURCE]

Impacting the Investment Climate, West Java Boosts IPKN Increase

Bisnis.com, BANDUNG — The West Java Provincial Tourism and Culture Office is boosting the National Tourism Development Index (IPKN), which has plummeted over the past two years. Head of the West Java Culture and Tourism Office, Iendra Sofyan, stated that the IPKN is crucial for revitalizing it as a strategic step to strengthen the competitiveness of the regional tourism ecosystem, as it is a national instrument used to measure the readiness and competitiveness of regional tourism development through various cross-sectoral indicators. "Furthermore, the IPKN also serves as a barometer for the investment climate and the region's image in tourism development," he said, as quoted on Tuesday (August 17, 2026). West Java Province's IPKN in 2022 ranked 7th nationally out of 34 provinces. However, in 2024, West Java's ranking dropped to 21st nationally. In response, the Head of the West Java Tourism and Culture Office emphasized the importance of strengthening synergy and collaboration between Regional Apparatus Organizations (OPDs). "Improving IPKN achievements requires cross-sector collaboration, from providing accurate data, integrated program planning, to implementing policies that have a direct impact on improving the quality and competitiveness of regional tourism," he said. His office is currently encouraging all stakeholders, consisting of 29 relevant agencies/OPDs within the West Java Provincial Government and the West Java tourism industry, to strengthen their shared commitment to supporting sustainable and competitive tourism development, in order to improve West Java's position at the national level. Previously, the Statistics Indonesia (BPS) recorded a drastic increase in tourist visits to West Java Province in December 2025, a 4.89 percent increase in domestic tourist arrivals compared to the previous month. In December 2025, there were 18.53 million domestic tourist trips. Meanwhile, in November 2025, the number reached only 17.66 million trips. Accumulatedly, the number of domestic tourist trips to West Java also experienced a drastic increase. From January to December 2025, it was recorded at 211.76 million trips. This figure increased by 26.50 percent compared to the total of 167.40 million trips from January to December 2024. Throughout 2025, the highest number of trips occurred in April, with 22.52 million trips. This was due to the Eid al-Fitr holiday of 1446 Hijri. By destination, Bodebek Regency/City and Greater Bandung remain the favorites for domestic tourists. In the January-December 2025 period, Statistics Indonesia (BPS) recorded 31.85 million domestic tourist trips to Bogor Regency, 24.26 million trips to Bandung City, 14.44 million trips to Bekasi City, 14.24 million trips to Bandung Regency, 13.29 million trips to Bekasi Regency, and 12.16 million trips to Depok City. Furthermore, the Room Occupancy Rate (TPK) of both Star-rated and Non-Star-rated Hotels in West Java also increased in December 2025. Data shows that the ROR for December 2025 reached 45.75 percent, a 4.35-point increase compared to the previous month. Iendra revealed that his office is also collaborating with the Statistics Indonesia (BPS) to collect tourism data, which still faces several challenges. Accurate data can serve as a basis for formulating and evaluating policies. "West Java has 1,741 tourist attractions, consisting of natural attractions, man-made attractions, and cultural attractions. However, the management and recording of tourist visitation data still faces various challenges, particularly in consistent reporting and responsiveness from destination managers, particularly during major holiday periods such as Eid al-Fitr and Christmas-New Year," he concluded. [SOURCE]

Feb, 19 2026

Acting Governor of West Java: Investment Efforts Play a Role in Economic Growth

Bandung (ANTARA) - Acting Governor of West Java Bey Machmudin emphasized that efforts to boost investment have yielded sweet results in West Java's economic growth rate, which remains stable. Bey said, in terms of economic growth, West Java's economy remained stable in the second quarter of 2024, with an annual growth rate of 4.95 percent. "This stability is largely driven by the investment sector, which grew by 1.40 percent," he said at the 2024 West Java Investment Summit (WJIS) in Bandung, Thursday. This surge in investment has had a significant impact on labor absorption from 119,866 workers in the first half of 2023 to 185,967 workers in the first half of 2024. "These figures clearly show a direct relationship between investment realization and job creation," he said. Bey pointed out that investment realization in West Java jumped from IDR 103.6 trillion in the first semester of 2023 to IDR 128.32 trillion in the first semester of 2024. This increase shows the attractiveness of this province and its success in creating a good investment climate. "More importantly, this increase in investment has a direct impact on job creation," he said. In the first semester of 2023, as many as 119,866 people were absorbed into the world of work, and this number increased sharply to 185,967 people in the first semester of 2024. Because of this, Bey ensures that there is a direct relationship between investment and employment, showing the important role of investment in West Java's economic growth. According to him, West Java's economic development is not just about numbers, but also about improving the quality of life, opening up opportunities and building a better future. Since 2010, economic growth has been stable at 5-6 percent with per capita income ranging from 2,300 US dollars to 2,500 US dollars. "This progress continues, building a strong foundation for future development," he said. (SOURCE)

Sep, 23 2024

Banjar City Government Recorded Investment Value for the First Semester of 2024 Reached Rp68 Billion.

The Banjar City Government, through the Investment and One-Stop Integrated Service Office (DPMPTSP), reported that investment realization for the first semester of 2024 has reached Rp68 billion. Head of DPMPTSP Kota Banjar, Mamat Rahmat, through Dewi Ambarwati from the Investment sector, revealed that the figure is based on data from the Investment Activity Report (LKPM) on the Online Single Submission (OSS) system. “During the first semester, investment realization reached Rp68 billion, which came from labor-intensive and capital-intensive investments mainly in the trade and services sectors,” Dewi explained on Wednesday (14/8/2024). Dewi detailed that of the total investment realization, the first quarter contributed Rp3,931,500,119, while the second quarter reached Rp64,733,833,119, bringing the total to Rp68,655,333,541. This figure is equivalent to 13.73 percent of the Banjar City Regional Development Plan (RPD) target for 2024, which is Rp500 billion. “This achievement has exceeded the West Java Province DPMPTSP target of Rp110 billion, showing a very good achievement,” he added. This investment realization also had a positive impact on employment. In the second quarter of 2023, employment reached 748 people. While in the second semester of 2024 it increased to 989 people, or an increase of 32.22 percent. The sectors that dominate investment in Kota Banjar include trade, repair, wood industry, services, hotels, restaurants, and textiles. This investment involves both domestic investment (PMDN) and foreign investment (PMA), although the contribution of PMA is relatively small. In addition, the number of micro and small businesses registering a Business Identification Number (NIB) has also increased significantly. As of June 2024, there were 6,637 business actors who had obtained NIBs through the OSS system. “Although online LKPM preparation is not required for micro businesses, we still urge them to apply,” said Dewi. Dewi also mentioned that the business sector that received the most NIBs was the cracker, peyek, and similar industries. “This shows that investment and compliance with licensing are growing in Kota Banjar,” she concluded. SOURCE

Aug, 15 2024

The Threat of Layoffs in Manufacturing Industry Remains High Despite the Flowing Investment

The country's manufacturing industry is not in good shape. Although the flow of investment in the manufacturing industry is relatively heavy, the trend of layoffs in this sector is also relatively large. Referring to the report of the Ministry of Investment / Investment Coordinating Board (BKPM), manufacturing investment realization grew 24.68% year on year (yoy) to IDR 337 trillion in the first semester of 2024. The manufacturing industry contributed 40.6% of the total national investment realization. However, the wave of layoffs continues to occur in the manufacturing industry, especially in the textile and textile products (TPT) sector, which is a labor-intensive sector. The Confederation of Workers Unions of the Archipelago (KSPN) stated that there were 14,500 textile workers who were laid off from the beginning of the year to July 2024. This number has the potential to increase to 15,000 workers given the planned closure of a textile factory in Bandung, West Java in August. Chairperson of the Indonesian Employers Association (Apindo) Shinta W. Kamdani stated that the potential for layoffs in the manufacturing industry still exists, especially in labor-intensive export-oriented sectors such as TPT. This sector has experienced tremendous pressure both in terms of market and business cost inflation. “Other manufacturing subsectors have a less risk of layoffs, but there is potential for a prolonged hiring freeze,” he said on Tuesday (30/7). In general, Apindo estimates that the condition of the manufacturing industry will be more challenging until the end of the year. Apart from being triggered by an increase in business operating costs as a side effect of the rupiah exchange rate correction, people's purchasing power has also not stabilized so that market demand has decreased. Not only that, some businesses are also still waiting and seeing for business expansion due to the government transition. SOURCE

Jul, 31 2024

West Java Targets 6% Economic Growth by 2026

BANDUNG, investor.id – The West Java Provincial Government is targeting economic growth of 5.5% to 6% by 2026. This optimistic target is driven by massive development activities, particularly infrastructure, which will have a significant impact on increasing labor absorption and industrial production capacity. The Regional Secretary (Sekda) of West Java Province, Herman Suryatman, explained that West Java's current economic growth rate is already above the national average of 5.2%. Herman is confident this positive trend will continue next year. "Next year, we are optimistic that we can reach 5.5% to 6%," Herman said in Bandung, Tuesday (December 9, 2025), as quoted by Antara. Referring to Statistics Indonesia (BPS) data, West Java's economy, based on Gross Regional Domestic Product (GRDP) at current prices in the third quarter of 2025, reached IDR 759.80 trillion and at constant 2010 prices reached IDR 461.90 trillion. West Java's economy grew 5.20% year-on-year (yoy) in the third quarter of 2025. From the production side, the Corporate Services Sector experienced the highest growth at 16.37%. From the expenditure side, the Gross Fixed Capital Formation (PMTB), or investment, experienced the highest growth at 5.27%. According to Herman, achieving the 2026 target requires solidity across all sectors and strong leadership to accelerate development in West Java. In addition to infrastructure and increased investment, West Java's economy will also be supported by strengthening industrial production activities. Herman added that the West Java Provincial Government's revenue realization has currently reached 85% to 90% of the target, and he is confident that this figure can reach above 95% by the end of 2025. West Java's economic optimism is also supported by its solid foreign trade performance. Herman stated that West Java's foreign trade surplus remains strong, as evidenced by the high value of exports. West Java's export performance from January to October 2025 reached US$32.25 billion, representing a 2.31% year-on-year increase. Meanwhile, imports reached US$9.98 billion, a 7.66% year-on-year decrease. Thus, West Java's foreign trade balance recorded a surplus of US$22.27 billion from January to October 2025, and a volume surplus of 3.47 million tons. West Java recorded the largest trade surpluses with the United States, the Philippines, Thailand, and Vietnam. [SOURCE]

Dec, 24 2025

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