News - Sukabumi DPMPTSP targets 2025 investment of over IDR 1.2 trillion

Sukabumi DPMPTSP targets 2025 investment of over IDR 1.2 trillion

Mar, 19 2025

Sukabumi, West Java (ANTARA) - The Sukabumi City Investment and One-Stop Integrated Service Agency (DPMPTSP), West Java, is targeting an investment value in Sukabumi City of over Rp1.2 trillion in 2025.

"We are optimistic that the investment achievement this year can reach Rp1.5 trillion. In order to achieve this target, we are opening the door as wide as possible for investors to come to Sukabumi City," said Sukabumi Deputy Mayor Bobby Maulana in Sukabumi, Tuesday.

According to Bobby, the area of Sukabumi City is not that large, but it is in a strategic location, where the city with an area of 48.31 square kilometers is flanked by two big cities, namely DKI Jakarta and Bandung City.

In addition, to boost revenue, his party has made it easier to obtain permits for investors who want to invest their capital. Moreover, the area nicknamed Mochi City is one of the areas in West Java as a center of trade and services, of course many investors want to invest their capital.

The increase in investment value is not only from the service and trade sectors, but the Sukabumi City Government has conducted data collection related to the potential for natural tourism that can be developed, one of which is rafting on the Cimandiri River.

Thus, investors will be interested in investing because they can utilize the existing potential from the trade, service and tourism sectors and others.

"We are optimistic that investment in Sukabumi City will increase, especially supported by adequate road access such as the Bocimi Toll Road, which is currently being built close to Sukabumi City, plus a double railway track," he added.

Bobby said that increasing investment could be a solution to answer the challenges faced by Sukabumi City, such as increasing the economy, economic inequality, sustainable development and reducing unemployment.

His party also asked large-scale investors to collaborate with investors engaged in the micro, small and medium enterprises (MSMEs) sector, local entrepreneurs and the surrounding community, so that a safe, comfortable and mutually beneficial investment climate is created.

Meanwhile, the Head of the Sukabumi City DPMPTSP, Iskandar Ifhan, said that in 2024 his party targeted an investment value of IDR 1 trillion and it turned out that by the end of the year the achievement exceeded the target of IDR 1.25 trillion.

Therefore, in 2025 his party is targeting an investment value of above IDR 1.2 trillion and is optimistic that the achievement at the end of the year can exceed the predetermined target or can reach above IDR 1.5 trillion.

With the increasing investment value, it is very helpful and fulfills the development program for the community designed by the Sukabumi City Government.

The more qualified, transparent and easy to obtain permits, of course the investors who come will increase so that they can finance development and programs to improve community welfare.

(SOURCE)

MG Invests IDR 110 Billion to Make Battery Assembly, Will Electric Car Prices Be Cheaper?

JAKARTA - MG Motor Indonesia emphasized its commitment to strengthening the electric vehicle market in Indonesia. This commitment was realized through the inauguration of the electric car battery assembly facility built with UABS Indonesia. The assembly facility is located in Greenland International Industrial City (GIIC), Kota Deltamas, Cikarang, Bekasi, West Java. To realize this assembly line, the two companies injected investment worth IDR 110 billion. "UABS investment reached 50 million yuan or around IDR 110.8 billion. We also see that President Prabowo really supports renewable energy. I am sure that Mr Prabowo can encourage the government to accelerate the development of energy and electric vehicle batteries in Indonesia," said Guo Junhua, Managing Director UABS Co. LTD, at the inauguration ceremony in Cikarang, West Java, Tuesday (4/11/2024). This collaboration gave birth to a battery pack factory called PT Unified Advanced Battery System Indonesia (UABS). The factory shares are controlled by SAIC-CATL with a composition of 67 percent (SAIC 51 percent and CATL 49 percent), while the other 33 percent is owned by the Kentjana Group. As an initial stage, the UABS factory will assemble batteries for Morris Garage (MG) vehicles which are under SAIC. This assembly process uses battery components supplied directly from CATL. Currently, the domestic content level (TKDN) for these batteries is still around 10 percent, but this will continue to be increased over time. MG Motor Indonesia hopes that battery assembly in Indonesia can provide great benefits for consumers, especially in after-sales service. The existence of this factory will speed up the repair process if damage occurs to the electric car battery. "The existence of this factory will be very helpful if the battery malfunctions or is damaged. Repairs will be much faster because the components are already available here," said He Guowei, CEO of MG Motor Indonesia. Will MG Electric Car Prices Decrease? With the battery assembly collaboration between MG Motor Indonesia and PT UABS Indonesia, the question arises as to whether this step will reduce the price of MG electric cars in Indonesia. Currently, MG offers two electric car models, namely the MG4 EV and MG ZS EV, each of which is priced at around IDR 400 million. He Guowei, CEO of MG Motor Indonesia, stated that this assembly facility will indeed simplify the production process and reduce operational costs. "There is a positive impact on production costs which can make our car prices more competitive than before," said Hu Gouwei in Cikarang, West Java. However, the man who is familiarly called Alec emphasized that despite cost efficiencies, MG will not reduce the prices of the MG4 EV and MG ZS EV in the near future. He explained that price reductions can affect the perception of product value in the eyes of consumers. "Consumers definitely like price wars, but all brands have their own calculations. If the price goes down, the value of the product could also decrease in the eyes of consumers. For now, we will not reduce prices, even though this is one of consumers' hopes," explained Alec. This locally assembled battery is planned to be used in the latest MG model which will be launched in Indonesia. This facility allows MG to offer electric cars at more competitive prices. "This factory will make our products more competitive. We will use these batteries for our new products, thereby increasing the value and competitiveness of products, not only in terms of price, but also quality," added Alec. MG also plans to launch a number of new electric car models in the near future. With this facility, MG is optimistic that it can reduce the overall selling price of their electric vehicles. (SOURCE)

Nov, 15 2024

Bandung Regency Partners with Chinese Investor to Accelerate Oxbow Cicukang Waste-to-Energy Project

The Bandung Regency Government in West Java has partnered with a Chinese investor to accelerate the development of the Oxbow Cicukang Waste-to-Energy (WtE) Plant in Margaasih, aiming to strengthen the region's waste management capacity by converting municipal waste into electricity. Bandung Regent Dadang Supriatna stated on Wednesday that representatives from the Chinese investor, accompanied by officials from Indonesia's Ministry of Home Affairs, had conducted a site visit as part of the project's acceleration process. "Representatives appointed directly by the Minister of Home Affairs were present. We are also grateful that the investor from China attended to assess the site's readiness firsthand," said Dadang Supriatna. According to the Regent, the development of the Waste-to-Energy facility has become an urgent priority, as Bandung Regency generates approximately 1,800 tons of waste per day. Meanwhile, the daily transportation quota to the Sarimukti Final Disposal Site (TPA Sarimukti) is limited to around 280 tons, representing only about 15 percent of the regency's total daily waste generation. To support the project's implementation, the Bandung Regency Government is preparing land acquisition, widening access roads, and drafting a Memorandum of Understanding (MoU) with the Chinese investor and the central government as part of the project's acceleration process. "The site has been cleared, the land is ready for acquisition, and the access road is prepared for expansion. There is no reason to delay the project any further," he said. The Oxbow Cicukang Integrated Waste Processing Facility (TPST) is designed to process between 600 and 800 tons of waste per day into electrical energy, equivalent to approximately 33–44 percent of Bandung Regency's daily waste generation. "We will immediately prepare a comprehensive timeline covering land acquisition, road expansion, and the construction process. God willing, construction will begin soon," Dadang Supriatna added. He explained that the facility will utilize a closed-system waste processing technology, allowing waste to be converted directly into electricity without producing unpleasant odors. The system is expected to significantly reduce the volume of waste transported to the Sarimukti landfill. The Bandung Regent expressed optimism that the Oxbow Cicukang Waste-to-Energy Plant will begin operations in 2027, substantially increasing the regency's waste processing capacity, reducing dependence on the Sarimukti landfill, and promoting the conversion of waste into renewable energy. He also noted that the local government continues to optimize waste management through existing integrated waste processing facilities (TPSTs), waste reduction initiatives at the source, and expanded community-based waste treatment programs to minimize the volume of waste sent to the Sarimukti landfill. [SOURCE]

Jul, 06 2026

Dedi: BJB has the biggest opportunity in Indonesia to develop West Java's investment ecosystem

Bandung (ANTARA) - West Java Governor Dedi Mulyadi believes that PT Bank Pembangunan Daerah Jawa Barat dan Banten (BJB) can become the largest and healthiest bank in Indonesia by optimizing the investment ecosystem in West Java, which is valued at over Rp 296.8 trillion. Dedi believes that BJB's status as a Regional Development Bank (BPD) should not limit its scope for movement, so he is pushing for expansion, the key to which lies in having the courage to partner directly with industrial companies that are the main pillars of investment realization in the Land of Pasundan. "Bank BJB must enter the industrial sector, which currently generates the highest investment in West Java in Indonesia. If everyone becomes a partner, BJB will become the largest and healthiest bank," Dedi said in a statement in Bandung on Saturday. Dedi's encouragement was based on data from the Indonesian Ministry of Investment/Investment Coordinating Board (BKPM), which ranked West Java as the national investment champion throughout 2025. Investment realization in this province reached IDR 296.8 trillion, a surplus of 109.9 percent of the set target. This investment mix is considered balanced and offers potential for the banking sector, with IDR 147.02 trillion in Foreign Direct Investment (PMA) and IDR 149.8 trillion in Domestic Direct Investment (PMDN). Dedi emphasized that the high level of confidence from both foreign and domestic investors should be seized as a captive market opportunity by BJB, rather than simply remaining a spectator at home. In addition to targeting the corporate and industrial sectors, Dedi also challenged BJB to strengthen its strategic partnership with the government in addressing basic social issues. He requested BJB's active involvement in housing development programs for the poor, the establishment of new schools, financing the education of orphans, and accelerating capital for Micro, Small, and Medium Enterprises (MSMEs). According to Dedi, a healthy and visionary bank is not only seen from its financial balance sheet, but is born from management, the board of commissioners, and a banking environment that has integrity and a strong social vision. [SOURCE]

Jan, 26 2026

Opening of Purbaleunyi toll gate KM 149-151 accelerated

West Java Regional Secretary Herman Suryatman said the opening of the Purwakarta-Bandung-Cileunyi (Purbaleunyi) KM 149 and 151 toll gates in the Gedebage area, Bandung, will soon be accelerated. "We checked the field the other day with the Coordinating Ministry for Marves and the Ministry of Public Works, and we agreed to accelerate," Herman said in Bandung on Monday. As an acceleration step, Herman explained that he asked the Bandung City Government to conduct a traffic environmental impact assessment (EIA) study related to the opening of the toll gate. He asked that the EIA study be completed within a week, so that the Ministry of Transportation could immediately conduct a study to immediately decide, referring to the EIA results. "Hopefully with this careful study, with a feasibility study (FS) there will be a follow-up. Hopefully it can be accelerated, because our target is not to take long," he said. The road access is known to be strategic because it can be an important access to the GBLA Stadium, Al Jabbar Grand Mosque, Summarecon business and residential areas, to the Whoosh Tegalluar Fast Train Station, and to areas in eastern Bandung. Previously, the West Java Bina Marga Office said that the KM 149 Purbaleunyi toll gate still had to be repaired by involving the PUPR Ministry. Therefore, the KM 149 toll gate will be closed again starting in early 2024, after being functionally opened only during the day. "The target for the repair of exit 149 by the Ministry of PUPR is to complete construction in December 2024 and temporarily operate after a loading test," said Head of the West Java Bina Marga Spatial Planning Office Bambang Tirtoyuliono in the social media of the West Java Bina Marga Office about a month ago. (SOURCE)

Jul, 12 2024

Dedi Mulyadi and West Java's Commitment to Encouraging Investment: Quick Solution in 20 Minutes

In just 20 minutes, West Java Governor Dedi Mulyadi demonstrated fast, solution-oriented, and visionary leadership by resolving various investment issues faced by BYD, one of the world's largest electric car and battery manufacturers. His move emphasized that an efficient and responsive bureaucracy can be a major catalyst for regional economic growth. "We do not want investment to be hampered by complicated bureaucracy. Every problem must be resolved quickly and accurately," Dedi Mulyadi emphasized in the meeting. This statement strengthens the West Java Provincial Government's commitment to creating a stable and progressive investment climate through fast, responsive policies that favor the interests of the community and investors. Government Commitment to Ensuring Investment Security and Comfort In a meeting attended by regional officials and stakeholders, Dedi Mulyadi emphasized that the government will protect investment in West Java, not only in terms of security but also comfort. As concrete evidence, the West Java Provincial Government has prepared funds of IDR 40 billion to guarantee the security of investors. "We want to ensure that investment in West Java is not only safe, but also comfortable for local entrepreneurs and workers," said Dedi Mulyadi. In addition, the government also ensures the improvement of supporting infrastructure, including road networks to investment locations, for the smooth operation of the industry. Quick Solution to Infrastructure and Accessibility Constraints One of the main challenges in BYD's investment in Subang is the limited access of toll roads to the Subang Smartpolitan industrial area. Representatives from the area management proposed the construction of temporary access at KM 88 of the Cipali Toll Road to accelerate connectivity to Patimban Port. Dedi Mulyadi immediately took concrete steps by contacting the Ministry of Public Works (PU). In a short time, he requested direct approval from the ministry for the construction of temporary access. The Minister of PU responded positively, and a technical meeting between the local government and the ministry was scheduled for next Monday to accelerate the licensing process and project implementation. "We will ensure that this project runs smoothly, because good connectivity is crucial for industrial growth in West Java," said Dedi Mulyadi. This quick step shows the effectiveness of cross-sector coordination in supporting investment in West Java, proving that the government's commitment to infrastructure and connectivity is not just talk, but real action that can be executed efficiently. Job Opportunities for 18,000 Local Workers BYD's investment in Subang opens up job opportunities for 18,000 workers. To ensure the readiness of the workforce, the provincial and district governments will conduct digital-based workforce data collection in each village, especially around the investment location. In addition, prospective workers will be given military discipline-based training to improve work ethic and professionalism. Governor Dedi Mulyadi emphasized that all training costs will be borne by the provincial and district governments as a form of long-term investment in building a quality workforce. With this approach, it is hoped that the West Java workforce will be able to compete not only at the national level, but also in the global market. Effective Resolution of Land Acquisition Problems Land acquisition problems are often an obstacle in investment development. Dedi Mulyadi emphasized that land acquisition must be carried out directly between land owners and investors, without going through intermediaries or brokers who often cause land prices to skyrocket unreasonably. As a solution, the government offers several options, including relocation to areas that have been prepared with adequate facilities such as housing, access to education, and employment. This approach ensures that affected communities continue to benefit from this investment project without losing their right to economic welfare. West Java: A Competitive Investment Destination The success in resolving various investment obstacles in just 20 minutes is real proof of the effectiveness of Dedi Mulyadi's leadership. "The government must be present as a solution, not an obstacle. If there are investment problems, we must resolve them quickly and appropriately," said Dedi Mulyadi. With firm, proactive policies that favor the interests of the community, West Java is increasingly strengthening its position as a competitive and conducive investment destination. The commitment to providing convenience for investors, accelerating the licensing process, and ensuring the welfare of local workers makes West Java a model for investment management in Indonesia. With well-managed investment, West Java will not only become an industrial destination, but also a center for innovation and sustainable economic growth. With this approach, regional economic growth is expected to be increasingly rapid, creating jobs, and improving the welfare of the community at large. (SOURCE)

Apr, 08 2025

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