News - Suryacipta Optimistic, Preparing Subang Smartpolitan as a Magnet for High-Value Manufacturing FDI

Suryacipta Optimistic, Preparing Subang Smartpolitan as a Magnet for High-Value Manufacturing FDI

Mar, 16 2026

PT Suryacipta Swadaya, a subsidiary of PT Surya Semesta Internusa Tbk (SSIA), expressed strong confidence in the growth prospects of Indonesia’s manufacturing sector. This optimism is driven by the positive trend of foreign direct investment (FDI) inflows and the strategic position of West Java Province as the main engine of investment in Indonesia. The company is now focusing its strategy on attracting high value-added investment to the integrated industrial area of Subang Smartpolitan.

General Manager Sales & Tenant Relation of Suryacipta, Binawati Dewi, explained that West Java’s dominance as the main destination for Foreign Direct Investment (FDI) reflects its mature industrial ecosystem. The province consistently contributes significantly to national investment realization, making it a top choice for investors.

“Based on our business visit to Hong Kong in early March 2026, investors are enthusiastic about seeing Indonesia as a destination for their expansion in Southeast Asia. We see a shift in interest toward high value-added industries that require infrastructure certainty,” Dewi said on Friday (13/3).

According to editorial notes from AcehGround, the FDI trend toward high value-added industries has been implemented in the operations of Suryacipta’s two industrial estates. Suryacipta City of Industry in Karawang, which has entered a mature phase, continues to show stable performance. The availability of industrial land in Karawang is now less than 10 hectares, indicating strong market absorption and investor confidence in the area.

With this condition, Suryacipta’s growth focus has now shifted to Subang Smartpolitan. This integrated independent township has successfully attracted global attention, as evidenced by the presence of an international electric vehicle (EV) manufacturer as one of its main tenants. Subang Smartpolitan also benefits directly from the National Strategic Project (PSN), particularly the Patimban Access Toll Road, which is planned to have a direct exit into the area.

The connectivity of Subang Smartpolitan will become even stronger with the target of full operation of the Patimban Port container terminal by the end of December 2026. In addition, massive toll road infrastructure development in the West Java economic corridor further strengthens the attractiveness of this area as a logistics and industrial hub.

Dewi added that the company has recorded a significant surge in interest in Subang Smartpolitan, especially from investors from Korea, China, and domestic companies. This trend includes company relocations, new business establishments, and business expansions that show positive market dynamics. Interestingly, demand is no longer limited to industrial land but has expanded to commercial opportunities.

In line with the initial concept of a Smart, Green, and Sustainable City, Subang Smartpolitan continues to develop the Rumida residential area. This development aims to create a complete ecosystem where industry, business, and residential areas are integrated, creating an environment that supports productivity and quality of life.

“Suryacipta is optimistic about the growth of Indonesia’s manufacturing sector. With supportive infrastructure and accommodative regulations, we are committed to strengthening Indonesia’s position as a preferred investment destination on the international stage,” Dewi concluded.

This strategic step by Suryacipta is expected not only to attract foreign capital but also to create new job opportunities and encourage technology transfer, which will ultimately contribute significantly to regional and national economic growth. The development of integrated industrial areas such as Subang Smartpolitan is key to strengthening Indonesia’s competitiveness in the global market.

[Source]

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

Sukabumi Expo 2024 Officially Opens, Increasing Investment Potential for the Welfare of Citizens

MITRAPOL.com, Sukabumi West Java – The Regent of Sukabumi, H. Marwan Hamami, inaugurated the opening of the Sukabumi Expo 2024 at Cangehgar Square, Palabuhanratu, Friday (6/9/24) evening. This event was enlivened by various West Javanese cultural arts performances. The Sukabumi Expo is an inseparable part of the Sukabumi Regency Anniversary commemoration which is routinely held every year. This activity aims to showcase the development achievements achieved by the government. At the 154th anniversary of Sukabumi Regency, 68 booths from various government agencies, BUMD, BUMN, and the private sector also enlivened the exhibition. The theme of the 2024 Development Exhibition is "Continuing the Work to Achieve Community Welfare." According to Regent Marwan Hamami, this annual activity is expected to increase investment in Sukabumi Regency, as well as promote local superior products. "For this reason, through this development exhibition it is hoped that we can expand investment entering Sukabumi Regency," said the Regent. The Regent also invited the public to be inspired by this big event and view Sukabumi as an attractive place to invest. "This Expo is to provide convenience for those who want to invest," he added. Furthermore, Regent Marwan stated that the Sukabumi Expo functions as a reflection of the development that has been carried out, with the hope that all Sukabumi people can feel the benefits. "This event must be conditioned from time to time so that in the future it will foster better development," he explained. The Regent hopes that the Sukabumi Expo 2024 will be able to expand economic and investment opportunities which will have a direct impact on the welfare of the people of Sukabumi. Head of the Sukabumi Regency Trade and Industry Service, Dani Tarsoni, explained that the Sukabumi Expo 2024 was held in two different locations, namely at the Gelanggang Cisaat GOR from 11 to 18 August, and at the Cangehgar Palabuhanratu Field from 6 to 10 September 2024. “Both locations are both for showcasing superior products. "And thank God, the average turnover we received during the 7-day expo at Gelanggang Cisaat Gorge reached almost one billion rupiah," said Dani. Dani hopes that this activity can become a forum for promoting various regional potentials, as well as opening up investment opportunities, especially for MSME products in Sukabumi Regency. On the same occasion, the Regent also launched several superior programs from the Sukabumi Regency Disdagin, such as Sakarsa Digitek (Application System Collaboration Strategy and Digitalization for Sustainable Community Economic Transformation) and Sakila (One Card to Turn on Literacy) along with the book "Pesona Wonderful Sukabumi Seri Pesona Pajampangan. ” After launching the program, the Regent and Forkopimda officials marked the opening of Sukabumi Expo 2024 by pressing the siren button, followed by cutting the ribbon and inspecting the exhibition stands. (SOURCE)

Sep, 10 2024

Bekasi investment grows, Lippo Cikarang seizes growth opportunities

Bekasi Regency (ANTARA) - Bekasi Regency in West Java continues to solidify its position as a center of national economic growth and investment, marked by the setting of an investment target of IDR 73.27 trillion, an increase of IDR 725 billion from the 2025 target. "This increase reflects the regional government's optimism regarding an increasingly conducive and sustainable business climate," said Acting Bekasi Regent Asep Surya Atmaja in Cikarang on Thursday. He acknowledged that the increased investment target will be accompanied by strengthening the quality of services to investors through a faster, easier, and more efficient integrated service system. According to data as of the third quarter of 2025, Bekasi Regency's investment realization has reached IDR 61.78 trillion, with contributions from Foreign Direct Investment (PMA) of IDR 37.90 trillion and Domestic Direct Investment (PMDN) of IDR 23.87 trillion. This investment has also absorbed more than 55,000 workers, making Bekasi Regency the top-ranked district/city in West Java for investment realization. As an urban property developer with international-standard facilities, Lippo Cikarang Cosmopolis (LCC), LPCK sees investment growth and employment as strong indicators of the growing need for quality housing and commercial facilities. LPCK is preparing a variety of comfortable, functional, and internationally standardized residential and commercial products, developed within an integrated and sustainably managed independent city. These residential and commercial products include 5enses Collection, Cendana Grand Excelsia @ The Patio, Cendana Suites @ The Patio, The Colony, Allegra @ Casa de Lago, TreeTops @ Tanamera Vantage, and The Hive @ Neo Patio. LPCK Deputy COO Lukas Budi Setiawan expressed optimism regarding investment growth and the prospects for the property industry, which is showing strong and sustainable demand trends. "LPCK is committed to maintaining consumer trust by completing construction projects on time and ensuring the handover process runs according to schedule," said Lukas. During the first nine months of last year, LPCK recorded pre-sales of IDR 1.2 trillion, equivalent to 73 percent of the annual target of IDR 1.65 trillion. The company also posted revenue of IDR 3.44 trillion, a significant 251 percent increase compared to the same period the previous year. This growth was driven by the handover of landed houses, apartments, commercial units, and industrial land, as well as contributions from the non-property segment through the management of the Lippo Cikarang Cosmopolis area. This positive performance was also reflected in EBITDA of IDR 363 billion with an 11 percent margin, and gross profit of IDR 670 billion with a 19 percent margin, demonstrating the company's success in maintaining operational efficiency and quality growth. "With the support of an increasingly solid investment climate in Bekasi Regency, along with infrastructure readiness and mature area management, we are optimistic that we can continue to play a role as a driver of regional growth while providing a quality residential and business environment for the community and businesses alike," said Lukas. (KR-PRA). [SOURCE]

Feb, 13 2026

MQ Iswara Appreciates West Java Provincial Government's Performance for Impressive Investment Realization

RADARBANDUNG.id – Deputy Speaker of the West Java Regional People's Representative Council (DPRD), MQ Iswara, expressed his appreciation for the West Java Provincial Government's (Pemprov) performance, which he believes has maintained economic optimism amidst declining regional revenues in 2025. According to him, although West Java Province experienced a Rp 5.9 trillion decline in revenue due to the implementation of the Law on Financial Relations between the Central and Regional Governments (HKPD), investment realization in the West Java region has shown a very positive trend. "We welcome this achievement. Amidst declining regional revenues and a reduction in transfer funds of Rp 2.45 trillion, investment realization is actually encouraging," Iswara said in Bandung on Monday (October 20). Based on data he received, total investment realization in West Java through the third quarter of 2025 reached Rp 77.1 trillion. Iswara believes this achievement is crucial for maintaining West Java's economic stability amid declining regional revenues. "God willing, by the end of the year, the realization will be even higher. This is certainly the result of the performance of the Governor and the West Java Provincial Government, who have created a conducive business climate, guaranteed legal certainty, and an increasingly favorable investment climate," he said. "We hope that, amidst declining regional revenues, this investment can become a larger source of development financing," he continued. He added that West Java remains the largest recipient of transfer funds nationally, while also recording 16.7 percent growth in Foreign Direct Investment (PMA) in the third quarter. However, he believes special attention is needed because the portion of Domestic Direct Investment (PMDN) is currently larger than that of PMA. "This must be closely monitored by the DPMPTSP. This means efforts to attract foreign investment must be even more active. Currently, most of it comes from Singapore and Hong Kong, but in the future, this can be increased to include Japan, South Korea, and European countries with which Indonesia has good relations," Iswara said. Furthermore, he hopes this investment growth will have a direct impact on improving public welfare. "We hope this increase in investment will be directly proportional to the creation of new jobs and improved community welfare, especially around industrial areas," he said. Previously, the West Java Provincial Government received praise from the Ministry of Investment and Downstream Development/Head of the Investment Coordinating Board (BKPM) for successfully ranking first as the region with the highest investment realization in the third quarter of 2025. Jakarta was in second place, followed by Central Sulawesi, Banten, and East Java in the top five. Total national investment realization in the third quarter reached IDR 491.4 trillion. Of that amount, investment value in West Java reached IDR 77.1 trillion, or approximately 15.7 percent of the national total. The total investment value reached IDR 77.13 trillion, an increase of 36.34% compared to IDR 56.57 trillion in the same period the previous year. The Head of the West Java Provincial Investment and Investment Development Agency (DPMPTSP), Dedi Taufik, stated that this achievement demonstrates West Java's continued strong attractiveness as an investment destination, both for domestic and foreign investment. "Investor confidence in West Java remains high. A conducive business climate, infrastructure support, and accelerated licensing services continue to be key factors maintaining this positive momentum," said Dedi Taufik. Of the total investment value in the third quarter of 2025, domestic direct investment (PMDN) contributed approximately IDR 41.8 trillion, while foreign direct investment (PMA) was recorded at USD 2.2 billion, equivalent to IDR 35.3 trillion. The value of PMDN investment increased sharply by 74.33%, from IDR 23.97 trillion in the third quarter of 2024 to IDR 41.78 trillion in the same period in 2025. The value of foreign direct investment (PMA) in the third quarter of 2025 reached USD 2.21 billion, equivalent to IDR 35.35 trillion, an increase of 8.42% compared to IDR 32.60 trillion in 2024. Foreign investment in West Java primarily comes from Japan, Singapore, and Hong Kong, with a focus on the manufacturing industry, information and communications, trade, and real estate sectors. [SOURCE]

Dec, 18 2025

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

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