News - Textile Industry Investment Reaches IDR 304.4 Billion in Q1 2025, Absorbs 1,907 Workers

Textile Industry Investment Reaches IDR 304.4 Billion in Q1 2025, Absorbs 1,907 Workers

Apr, 09 2025

The Directorate of Textile, Leather, and Footwear Industry of the Ministry of Industry (Kemenperin) noted that throughout January-March 2025, it had issued Business Certificates (SKU) for four textile and apparel industries. The total investment reached IDR 304.43 billion, which is estimated to absorb 1,907 workers.

The textile, apparel, and footwear industry continues to show positive performance, in line with its role as a priority sector in the 2025–2045 National Long-Term Development Plan (RPJPN). The government is committed to encouraging the growth of this industry in order to strengthen national competitiveness and create extensive employment opportunities.

The latest data shows that in 2024, the growth of the textile, apparel, and leather and leather goods industries reached 0.09 percent, 5.78 percent, and 6.83 percent, respectively. This solid performance is also supported by a significant increase in investment, both from Foreign Investors (PMA) and Domestic Investors (PMDN). In 2023, total investment in this sector will reach IDR 29.92 trillion, while in 2024 it will increase sharply by 31.1 percent to IDR 39.21 trillion.

"This increase in investment reflects investor confidence in the prospects of the textile, apparel, and footwear industry in Indonesia. Especially in the apparel industry, which is a labor-intensive industry, investment has increased drastically from IDR 4.53 trillion in 2023 to IDR 10.20 trillion in 2024, an increase of 124.9 percent," said Director of the Textile, Leather, and Footwear Industry, Ministry of Industry (Kemenperin) Rizky Aditya Wijaya in his statement, Monday (17/3).

With Indonesia's large population, reaching 281.6 million people (BPS, 2024), the prospects for the textile and footwear industry remain promising. The average per capita expenditure of Indonesians for clothing, footwear, and headgear in the period March 2020–March 2024 reached IDR 35,457 per month. Thus, the potential domestic market is estimated to reach IDR 119.82 trillion.

In addition, export opportunities are also increasingly wide open. The new tariff policy implemented by the United States against Canada, Mexico, and the People's Republic of China (PRC) is a strategic momentum for Indonesia to expand its market share in Uncle Sam's country. In 2024, total imports of apparel and footwear from the United States reached USD 138.19 billion, of which the PRC dominated with a value of USD 38.04 billion (29.2 percent). Meanwhile, Indonesia's exports to the United States in the same year reached USD 7.11 billion or around 5.5 percent of total US imports.

"Indonesia recorded a growth in apparel and footwear exports to the United States of 7.5 percent from USD 6.61 billion in 2023 to USD 7.11 billion in 2024. With the change in tariff policy in the US, our export opportunities are getting bigger, and this is an opportunity for the national industry to increase competitiveness in the global market," he added.

Seeing the great potential in both domestic and international markets, the Ministry of Industry continues to strive to strengthen the textile and footwear industry ecosystem through various strategic policies. Several steps that are being taken include increasing production efficiency, adopting environmentally friendly technology, and supporting the expansion of export markets.

With full support from the government and the commitment of industry players, the textile, apparel, and footwear sector in Indonesia is ready to continue to grow, create jobs, and strengthen its position as a major player in the global industrial arena.

[SOURCE]

Pursuing Operation of Giant Hydropower Project in West Java, PLN Coordinates TKDN Issue

The State Electricity Company (PLN) is targeting the giant Upper Cisokan Hydroelectric Power Plant (PLTA) project in West Java to be commercially operational by 2028. The execution of this project has recently been delayed even though PLN has secured loans from the Bank for Reconstruction and Development (IBRD) and the Asian Infrastructure Investment Bank (AIIB) in 2022. The reason is that the international creditor loans are hampered by the domestic component level (TKDN) clause mandated by the Ministry of Industry. “Currently, PLN continues to coordinate with the Coordinating Ministry for Maritime Affairs and Investment, the Ministry of Energy and Mineral Resources, and the Ministry of Industry to resolve issues related to TKDN,” said Executive Vice President of Corporate Communications and TJSL Gregorius Adi Trianto when confirmed by Bisnis, Wednesday (24/7/2024). Greg said the project with an investment value of US$850 million has entered the procurement stage. He targets the project to be operational in 2028. On the other hand, he said, his company is also coordinating with relevant ministries and institutions to resolve TKDN issues in a number of new renewable energy (EBT) projects that use foreign grant loans (PHLN). “The Upper Cisokan PS project uses loan funds from the Asian Infrastructure Investment Bank (AIIB) and also the World Bank,” he said. This water-based power plant will have a power capacity of 4 X 260 megawatts (MW), located on the border of West Bandung and Cianjur regencies, West Java. The project has received a loan facility from IBRD, which is part of the World Bank Group with total funding of US$380 million. In addition, there is also US$230 million funding from AIIB in the form of co-financing with the World Bank with a similar scheme. PLN received an interest rate with a long tenor of 24.5 years. The Cisokan hydropower plant was built using Roller Compacted Concrete (RCC) where the upper and lower dams utilize the water resources of the Cisokan River, which is a tributary of the Citarum River. PLN will first build a dam from upstream to downstream as well as 27 kilometers of electrical infrastructure along the river. Through pumped storage technology, when the electricity load is at peak, this hydropower plant can flow the water discharge system so that it can rotate the turbine and provide additional electricity supply. Meanwhile, when the Java Bali electricity load is down, this hydropower plant can immediately restore water discharge through the tunnel. As previously reported, the Ministry of Energy and Mineral Resources (ESDM) is convincing a number of multilateral lenders to channel loans to new and renewable energy (EBT) projects in Indonesia. Funding commitments from international lenders have recently stalled due to the issue of clauses to fulfill TKDN provisions. Director General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources Eniya Listiani Dewi said that she had convinced a number of lenders about the current changes in domestic TKDN regulations. “We have announced yes, meaning sharing with various investment funding lenders that there are improvements in the regulations,” Eniya said when confirmed, Thursday (07/18/2024). Meanwhile, the regulatory improvement is related to the government's decision to separate the TKDN of EBT projects which will be regulated by the Ministry of Energy and Mineral Resources from the TKDN of components or goods which are under the authority of the Ministry of Industry. Eniya said that the regulation at the level of ministerial regulation (Permen) of ESDM which regulates the TKDN of EBT projects has been harmonized recently. The Ministry of Energy and Mineral Resources revealed that there are 14 EBT power plant projects that are constrained by funding due to the polemic over the clause of fulfilling the TKDN provisions. Four of the projects already have funding agreements from the Asian Development Bank (ADB), World Bank, Japan International Cooperation Agency (JICA), and other financing institutions with a total investment commitment of more than US$1 billion. The four projects include the Cisokan Hydroelectric Power Plant (1,040 MW), Huluais Geothermal Power Plant (110 MW), Kumbih Hydroelectric Power Plant (45 MW) and Sawangan Hydroelectric Power Plant (16.6 MW). Meanwhile, there are 10 other projects that have not reached agreements with lenders regarding the provisions of the TKDN clause in the power purchase agreement (PPA) with PT Perusahaan Listrik Negara (Persero) or PLN. The ten projects that have stalled in negotiations include the Bakaru 1 hydropower plant (126 MW), Bakaru 2 hydropower plant (140 MW), Kalibumi Minihydro Power Plant (6.35 MW), Lapai 1 hydropower plant (5.31 MW), Riorita hydropower plant (2.5 MW), Dieng 2 hydropower plant (55 MW), Patuha 2 hydropower plant (55 MW), and Masang 2 hydropower plant (44 MW). SOURCE

Jul, 25 2024

455 Majalengka Successfully Attracts Foreign and Domestic Investment of Up to IDR 3.36 Trillion Throughout 2025

TRIBUNJABAR.ID, MAJALENGKA - Investment growth in Majalengka Regency is showing a positive trend. Foreign Direct Investment (PMA) and Domestic Direct Investment (PMDN) in Majalengka Regency reached IDR 3.36 trillion from January to December 2025. Based on total PMA and PMDN realization data, Majalengka recorded an investment value of IDR 3,364,801,621,234 with 2,198 Investment Activity Reports (LKPM). This achievement contributed 1.13 percent to West Java's total investment of IDR 296.82 trillion. The Head of the Majalengka Regency Investment and One-Stop Integrated Services Office (DPMPTSP), Ucu Sumarna, said this achievement reflects growing investor confidence in Majalengka's investment climate. "Thank God, Majalengka's investment realization continues to move positively. This shows that Majalengka remains a region attractive to investors, both domestic and foreign," said Ucu Sumarna, Monday (January 2, 2026). According to Ucu, the regional government continues to strive to improve investment competitiveness by simplifying licensing processes, accelerating services, and strengthening the promotion of the region's leading potential. "We are focusing on simplifying licensing and ensuring business certainty. Furthermore, Majalengka has strategic advantages such as industrial areas, airports, and continuously developing connectivity," he said. He added that going forward, the Majalengka Regency Government will encourage equitable investment distribution so that it is not only concentrated in certain sectors, but also reaches labor-intensive sectors and the local economy. [SOURCE]

Feb, 03 2026

Indonesia Wins Gold at Olympics, BRImo Offers Gold Investment for All

Jakarta, Beritasatu.com - Indonesia achieved brilliant achievements at the Paris 2024 Olympic Games, with a team of athletes who successfully brought home the gold medal. Until now, there has been Veddriq Leonardo from rock climbing sports and Rizki Juniansyah in the 73 kg weightlifting class who managed to bring a gold medal. There is also Gregoria Mariska Tunjung who won bronze in the women's single badminton sport. These successes are not only a source of national pride, but also inspire many people across the country. Even the talk of gold achieved by athletes extends to the matter of gold investment which is important for everyone. If you are interested in investing in gold for the future, now BRImo, the mobile banking application from BRI, provides a gold savings feature that is very practical to use. This feature makes it easy for people to invest in precious metals, one of the most popular forms of investment. BRImo provides convenience and transparency in investing in gold with a user-friendly interface. By utilizing this moment of national sports achievement, people can start investing in gold, a smart step for the future. BRI Director of Retail Funding and Distribution, Andrijanto, said BRI is proud of the achievements of the Indonesian team and hopes that this moment can be well utilized by the entire community. "The gold investment feature in BRImo is designed to provide easy access for anyone who wants to start investing," he said. Saving gold at BRImo is not only easy, but also provides various other benefits because it has its own advantages, namely: Gold purchases can start from 0.01 grams. Real time online, making gold buying and selling prices and balance information in accordance with Pegadaian data. Purchase and sale transactions are carried out in real time with Pegadaian. Flow of opening gold savings is short, easy, and practical. Can be done anywhere. Do you want to start opening a gold account at BRImo? Here's a guide to opening a gold account:1. Login to BRImo and select the "Investment" menu2. Click "Gold" and click "Start"3. Choose "Open Savings"4. Fill in your personal data, address, and occupation then verify the data by clicking "Data is correct"5. Choose the amount of savings starting from 0.01 gram6. Click "Confirm" then read and agree to the terms & conditions7. Enter BRImo PIN8. Your gold savings account has been successfully opened How to Buy Gold:1. Login to BRImo, select "Investment" menu2. Click "Gold" and click "Buy Gold"3. Enter the purchase amount in rupiah or gram4. Click "Confirm" and enter your BRImo PIN5. Gold savings successfully purchased You can also arrange to save gold more regularly and anti-skip with autodebet, yes. This feature allows more people to invest and manage their finances better. So, let's celebrate the success of the Indonesian team on the world stage while adding to your portfolio! Don't forget to download BRImo via the App Store, Play Store, Huawei AppGallery, yes. Check other interesting information on Instagram @bankbri_id. SOURCE

Aug, 12 2024

Investment Regional Regulation Becomes an Urgent Need, Majalengka DPRD Requests Local Government to Immediately Submit Draft

TRIBUNJABAR.ID, MAJALENGKA – The Regional People's Representative Council (DPRD) of Majalengka Regency emphasizes the importance of having a regional regulation (perda) on investment. This regulation is considered urgent so that Majalengka can optimize its strategic potential while ensuring that the benefits of development are directly felt by the community. Deputy Chairperson of Majalengka DPRD, Asep Eka Mulyana, said the Investment Regional Regulation is no longer just a discourse but an urgent need. According to him, Majalengka holds a very strategic position in West Java due to the presence of West Java International Airport (BIJB) Kertajati, accessibility via Cipali and Cisumdawu Toll Roads, and the huge opportunities in the Rebana Metropolitan Area. “This investment Regional Regulation is important so investors have legal certainty, local government has guidelines, and the community obtains guarantees of protection. Without regulation, we are just spectators while other regions are racing ahead with new investments,” said Asep Eka Mulyana on Saturday, September 13, 2025. The Chairperson of Golkar Party Majalengka Regional Leadership Council (DPD) explained that this regulation will also serve as a controlling instrument. Incoming investments must be directed to provide multiplier effects, open job opportunities, strengthen MSMEs, and maintain environmental sustainability. “Investment should not just be seen from capital size but the extent of its impact on community welfare. This regulation will serve as a fence to ensure investments are safe for investors and do not harm society,” he explained. Considering this situation, DPRD urges the Majalengka Regency Government to immediately prepare the academic manuscript and draft of the Investment Regional Regulation to be included in the 2026 Regional Regulation Formation Program (Propemperda). “Investment must not remain a strategic issue without follow-up by preparing the software in the form of regional regulations. We ask the executive not to delay anymore. Immediately submit the draft Investment Regional Regulation to DPRD; we are ready to discuss it together,” the senior legislator emphasized. Meanwhile, Majalengka DPRD member M. Fajar Shidik believes the Investment Regional Regulation must be comprehensively prepared to be a fair governance instrument. According to the Chairperson of the Majalengka PPP DPC, investment should not only stop at numbers. The regulation must bind every investor to absorb Majalengka's workforce, partner with MSMEs, and implement measurable CSR programs. “In addition to investors being secure, the benefits can also be directly felt by the Majalengka people,” Fajar said separately. Fajar also stressed that the presence of the Investment Regional Regulation will be an important milestone to ensure that investments in Majalengka not only add to statistical numbers but truly bring tangible benefits to the people. “This regulation is not only for investors but also for the people. We want investments that create new jobs, strengthen MSMEs, increase regional revenue (PAD), and still side with environmental sustainability,” he said. Investment Value in Majalengka According to official data from West Java DPMPTSP, investment realization in Majalengka Regency in the first quarter of 2025 was recorded at IDR 699.57 billion. This year's target is IDR 3.4 trillion, with a realization of about 47 percent by mid-year. In 2024, Majalengka recorded an investment realization of IDR 3.59 trillion, exceeding the target of IDR 3.1 trillion. However, Majalengka has not yet made it into the top 10 regions with the highest investment realization in West Java. This condition shows that without strong regulation, Majalengka risks falling behind other more aggressively pro-investment regions. 6 Key Points on the Urgency of Investment Regional Regulation According to Asep and Fajar, there are several reasons why the Investment Regional Regulation must be immediately established. First, to provide legal certainty for investors so the investment climate is more conducive. Second, to regulate development directions by channeling investments toward priority sectors such as modern agriculture, agro-industry, tourism, and supporting services around BIJB Kertajati. Third, to protect local communities by ensuring local workforce absorption, MSME involvement, and reducing the potential for social inequality. Fourth, to control environmental impacts by ensuring every investment complies with Environmental Impact Analysis (AMDAL) and sustainable development principles. Fifth, to accelerate licensing through transparent, efficient, and integrated mechanisms. Sixth, to serve as a basis for monitoring and evaluation by DPRD and local government to oversee investment realization and impose strict sanctions in case of violations. [SOURCE]

Dec, 11 2025

The realization of investment value in Bandung City in 2024 exceeds the target

Kota Bandung (ANTARA) - The Department of Investment, One Stop Integrated Services (DPMPTSP) of Bandung City, West Java, noted that the realization of investment entering the Flower City in 2024 reached IDR 8.5 trillion, exceeding the target set at IDR 7.3 trillion. "As of October, the amount of investment realization entering Bandung City has exceeded 117.42 percent of the annual target that has been set," said Head of Bandung City DPMPTSP Ronny Ahmad Nurudin, in Bandung, Saturday. He revealed that until the end of the third quarter of this year, the realization of domestic investment (PMDN) actually dominated investment in Bandung City by contributing IDR 6.3 trillion, while for the foreign investment (PMA) category it reached IDR 2.2 trillion. "Most of the foreign investors' business activities are already operational, so the additional investment is not very significant," he said again. Ronny said there are several factors that make foreign and domestic investors interested in investing in Bandung City, one of which is the ease of service provided by DPMPTSP for potential investors. "We also provide OSS assistance services, Sakedap services (Licensing Facility Facilities) in sub-districts and market industry centers for micro business actors," said Ronny. Acting Regional Secretary for the City of Bandung Dharmawan said that this achievement shows an increase in the confidence of investors to invest their capital in the City of Bandung. "We ensure that investment policies can be implemented properly in accordance with applicable regulations," he said. Dharmawan said that the Bandung City Government continues to be committed to providing various conveniences for investors to maintain a positive and sustainable investment climate, so that it can boost the regional economy. "In terms of investment, the City of Bandung has Regional Regulation (Perda) Number 4 of 2022 concerning the Implementation of Capital Investment. "This regional regulation is a guide in the implementation and technical aspects of investment," said Dharmawan. (SOURCE)

Nov, 05 2024

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