News - The Public Street Lighting Project in Bandung Worth IDR 426 Billion Attracts Investors

The Public Street Lighting Project in Bandung Worth IDR 426 Billion Attracts Investors

Nov, 18 2025

BANDUNG, KOMPAS.com – The Bandung City Government is targeting the addition of 21,000 new public street lighting (PJU) points and maintenance of 60,000 existing units.

This IDR 426.8 billion project, covering management, maintenance, and monitoring of PJU, is offered to business entities through a Public-Private Partnership (PPP) scheme with an unsolicited approach. The project was named one of the top 10 best investment initiatives in the West Java Investment Challenge (WJIC).

Interested investors visited Bandung City Hall on Jalan Wastukencana, Bandung, West Java, on Wednesday (July 23, 2025), and were welcomed by Bandung Mayor Muhammad Farhan, Deputy Head of Bank Indonesia West Java Muslimin Anwar, and Head of West Java Investment and One-Stop Service Office (DPMPTSP) Dedi Taufik.

“During WJIC, one project caught investors' attention. Investors came both as financiers and operators specifically for managing the PJU service. This is not about procuring PJU, but building and maintaining PJU. The Bandung City Government will pay fees per lighting point,” said Mayor Farhan.

He explained that the project includes building 21,067 new PJU points and maintaining a total of 60,000 points using the latest technology and a payment system based on service points.

“Currently, we pay IDR 88 billion per year for electricity and an additional IDR 100 to 200 billion for service fees. But procurement alone could reach IDR 400 billion. With this scheme, all PJU will be standardized with energy-efficient technology,” Farhan added. The project requires investors to bring the latest PJU technology.

“It must be LED lighting with the main goal of brighter illumination but lower electricity consumption. We expect to reduce electricity consumption by around 20%,” he explained.

Farhan hopes an investor to carry out this project will be found by the end of 2025.

“Our target by the end of the year is to complete survey and feasibility studies, then find the best business model, whether PPP or business-to-business. Bandung is ready to collaborate,” he said.

Panji Kharismadi, Head of Facilities and Infrastructure at Bandung Transportation Office, said this project is part of Bandung City Government’s strategic program to make Bandung bright, safe, and environmentally friendly.

Many streets in Bandung currently lack adequate lighting, and this project is designed to address this need while providing clear and prospective investment opportunities for private partners.

Bandung has around 1,295.6 km of roads divided into 3,185 city roads, 17 national roads totaling 45.63 km, and 28 provincial roads totaling 38.44 km.

With current conditions, 21,067 new PJU units are needed.

“The total investment value, including operation and maintenance over 10-20 years, is estimated at IDR 426.8 billion,” Panji said.

The Transportation Office estimates advertising revenue from 13 strategic roads in Bandung at around IDR 10 billion per year.

Together with an average surplus from certain goods and services tax (PBJT) of more than IDR 200 billion per year, the project is considered highly feasible fiscally.

[SOURCE]

Bogor's economic growth is strengthening with investments reaching trillions of rupiah

Bogor Regency (ANTARA) - Economic growth in Bogor Regency, West Java, continues to strengthen, with investment reaching trillions of rupiah in the first half of 2025, accompanied by 17,721 projects and the absorption of 24,624 workers. Bogor Regent Rudy Susmanto stated that these results demonstrate that the investment climate in Bogor Regency is increasingly conducive thanks to the synergy between the local government, business actors, and the community. "Through this Investment and Spatial Planning Forum, we are promoting a conducive, competitive investment climate that is oriented towards economic progress and public welfare," said Rudy in Cibinong on Thursday. He added that increased investment not only strengthens economic growth but also creates new jobs and improves public welfare. The local government, he added, continues to maintain stability and provide facilities for investors.Head of the Regional Development Planning, Research, and Development Agency (Bappedalitbang) of Bogor Regency, Bambam Seti Aji, stated that investment is a key pillar driving the regional economy."Sustainable investment can only be achieved if it aligns with an integrated and environmentally conscious regional spatial plan. The integration of industrialization and spatial planning policies is key to competitive development," he said. As a token of appreciation for the business world, the Bogor Regency Government held the 2025 Best Investor Awards Night at the Harris Hotel in Cibinong City Mall on Tuesday evening (October 22nd). The event also served as a forum for fostering camaraderie and strengthening partnerships between the government and businesses. The Bogor Regency Government presented seven award categories, including Largest Investment Realization in 2025, Best CSR Contribution for the 2016-2025 Period, and Best Investment in 2025. In addition to the awards, the event also included the launch of the Bogor Regency Spatial Plan (RTRW) website and the KABISA (Bogor Regency One Access) portal to facilitate access for potential investors to information on spatial planning and investment potential. On the same occasion, a cooperation agreement was signed between the Bogor Regency Government and PT Intra Golf Link Resort Tbk regarding corporate social responsibility for the major rehabilitation of the Citeureup Community Health Center building. The event was attended by the Deputy Regent of Bogor, the Regional Secretary of Bogor Regency, members of the Regional Leadership Communication Forum (Forkopimda), and heads of regional government agencies throughout Bogor Regency. [SOURCE]

Dec, 18 2025

West Java Prepares Five Regions for Semiconductor and Data Center Development

The West Java Investment and One-Stop Integrated Services Agency (DPMPTSP) is developing investment clusters across 27 regencies and cities to attract capital-intensive investments in leading sectors, particularly semiconductors and data centers. Head of West Java DPMPTSP, Dedi Taufik, stated that the agency has observed a shift in global investment trends in recent years—from infrastructure-focused investments toward high-technology sectors. “We are implementing a thematic regional investment approach in West Java,” Dedi said on Monday (February 23, 2026). Global Trends: AI and CHIPS Policies Drive Semiconductor Growth By 2025, global investment trends are expected to be dominated by the data center and semiconductor sectors, both of which are experiencing significant growth. Data centers alone are projected to account for approximately one-fifth of the total value of new global investment projects. According to Dedi, the surge in semiconductor project value—often disproportionate to the number of projects—is driven by the rapid expansion of artificial intelligence (AI) and chip sovereignty policies such as the CHIPS and Science Act in the United States, as well as similar initiatives in Europe and Asia. He added that global capital flows are becoming increasingly selective, prioritizing high-value strategic projects rather than conventional factory expansions. Meanwhile, several sectors—including infrastructure, renewable energy, and tariff-sensitive industries such as textiles, electronics, and machinery—have experienced declining investment. Five Regions Prepared Based on investment cluster mapping, five regions in West Java are being prepared as hubs for the development of downstream electronics and semiconductor industries, namely: Bekasi Regency Karawang Regency Subang Regency Purwakarta Regency Sukabumi Regency In addition, West Java is projected to become a national hub for digital economy development and data center investment. Currently, more than 30 companies have already invested in data center projects across the province. The primary locations for data center investments are located in the industrial areas of Bekasi Regency, Karawang Regency, and Purwakarta Regency. By 2025, the Bodekarpur region is expected to record approximately Rp26 trillion in investment in the information and communications sector, while the Greater Bandung region is projected to attract around Rp3.40 trillion. [Source]

Mar, 11 2026

In Front of ASEAN Investors, Young Entrepreneurs Reveal the Opportunities and Ease of Indonesian Investment

Jakarta - Entrepreneurs who are members of the Young Indonesian Entrepreneurs (HIPMI) took part in the 21st China-ASEAN Business Investor Summit (CABIS) which was held in Nanning, Guangxi, China. This event is an opportunity to attract foreign investors to Indonesia. HIPMI Deputy Secretary General Anthony Leong gave a presentation on investment opportunities in Indonesia. Anthony Leong underlined the importance of collaboration between ASEAN countries to strengthen the investment climate in the region, especially in Indonesia. "Indonesia has abundant natural resources, a significant demographic bonus, a large consumer market, and a stable economic and political environment. All of this makes Indonesia a competitive investment destination," said Anthony in his statement (29/9/2024). In his presentation, Anthony explained the latest data showing that investment realization in Indonesia in the first semester of 2024 reached IDR 829.9 trillion (around USD 54 billion). This figure reflects global confidence in Indonesia's economic potential and provides a positive picture of the stability and attractiveness of investment in this country. Anthony also emphasized the importance of young entrepreneurs collaborating between countries, because it can be seen that the trend of becoming conglomerates nowadays is that relatively many of them are young, under 50 years old. "Indonesia is one of the largest exporters of coal in the world and has important mineral reserves such as nickel, copper and bauxite. With the increasing global focus on renewable energy, Indonesia is trying to attract more investment in this sector," he explained. Anthony also underlined the role of digital transformation in simplifying the investment process. "Through one-stop investment services, procedures for foreign investment are now much easier and more efficient. We are ready to become a strategic partner for international investors, especially from China, to establish business partnerships in Indonesia," he added. With various incentives on offer, such as income tax exemptions for up to 20 years and elimination of import duties for certain sectors, Anthony believes that Indonesia is increasingly attractive to foreign investors. He cited a number of successful investments made by large companies, including Toyota, Mitsubishi and ExxonMobil, which have had a positive impact on the local economy. The Deputy General Secretary of the Indonesian Chinese Clan Social Association (PSMTI) also invited the Chinese business community to be more active in exploring investment opportunities in Indonesia. "Together, we can create a prosperous future and strengthen our bilateral relations. I am optimistic that through collaboration and partnership, both Indonesia and China can mutually gain significant economic benefits," he concluded. Apart from that, in an effort to strengthen economic and investment cooperation between Indonesia and China, a Memorandum of Understanding (MoU) was also signed between several important organizations from the two countries. This MoU was held on the sidelines of the China-ASEAN Business and Investment Summit (CABIS). The first MoU was signed between CABIS and the Indonesian Young Entrepreneurs Association (HIPMI). This aims to open opportunities for business collaboration between young Indonesian entrepreneurs and the ASEAN region, especially in facilitating cross-border investment and trade. Apart from that, CCPIT Guizhou Sub-council also has a partnership with two leading business associations from Indonesia, namely HIPMI and the Indonesian Chinese Entrepreneurs Association (ICEA). This collaboration is expected to strengthen increasingly comprehensive business relationships. According to Anthony, this collaboration will not only encourage economic growth between the two countries but also open up great opportunities for young entrepreneurs and the Chinese community in Indonesia to be actively involved in the global market. "The signing of this MoU is an important milestone in improving bilateral economic relations between Indonesia and China. We hope that this collaboration can strengthen investment, expand business networks and create more business opportunities," said Anthony. Through this collaboration, it is hoped that economic relations between Indonesia and China will become closer, with the involvement of strategic business sectors from both parties. (SOURCE)

Oct, 01 2024

MSMEs and Financial Inclusion Will Drive West Java's Growth by 2026

AYOBANDUNG.ID -- As 2025 drew to a close, West Java demonstrated relatively solid economic resilience amidst global and national dynamics. The region's economic growth remained above the national average, with strong contributions from domestic consumption and investment. Data from the Central Statistics Agency (BPS) shows that West Java maintained growth momentum at around 5.2 percent, an achievement that confirms the resilience of the region's economic structure and public confidence in the existing financial system. The Head of the Financial Services Authority (OJK) for West Java Province, Darwisman, emphasized that macroeconomic indicators remain positive, reflected in banking intermediation supporting the national economy. The OJK, along with regional offices in Cirebon and Tasikmalaya, is strengthening supervision of financial services institutions to maintain system stability. "As of November 2025, the network of financial services institutions in West Java includes two commercial banks, 121 rural banks (BPR), 12 rural banks (BPRS), 19 private pawnshops, 25 microfinance institutions (LKM/LKMS), four pension funds, one venture capital firm, one guarantee company, one fintech company, one regional securities company, and 32 investment galleries to expand capital market education for the public," said Darwisman. This infrastructure is the backbone of financial inclusion in the region. For your information, total banking assets in West Java reached IDR 1,051.53 trillion in November 2025, a 3.14 percent increase compared to the previous year. Third-party funds also grew 5.01 percent to IDR 736.06 trillion. This growth reflects public trust in the banking system and demonstrates that financial stability remains intact despite ongoing external pressures. Credit distribution reflects shifting needs. Working capital loans fell -5.32 percent to IDR 329.93 trillion, while investment loans jumped 16.43 percent to IDR 228.01 trillion. Consumer loans also rose 5.63 percent to IDR 489.27 trillion. This shift signals a new orientation toward long-term investment, which is expected to strengthen the production base and regional competitiveness. "Access to financing for micro, small, and medium enterprises continues to be strengthened. As of November 2025, 470,064 businesses in West Java had utilized People's Business Credit (KUR) financing, with a total disbursement of IDR 25.97 trillion," said Darwisman. MSMEs are the driving force of the regional economy and support economic resilience amidst global uncertainty. The KUR scheme in West Java is dominated by the micro sector, with a share of 64.56 percent. This indicates that financing remains concentrated on small businesses, which are the backbone of the people's economy. However, the challenge ahead is how to encourage small businesses to upgrade to compete in a broader market. Nationally, MSME credit reached IDR 1,496.07 trillion. West Java contributed IDR 186.66 trillion, or 12.49 percent, making it the second-largest recipient after East Java. This position underscores West Java's strategic role in the national economic landscape. Despite these positive achievements, challenges remain. The financial literacy rate among the West Java community still needs to be improved. OJK data for 2025 shows that the national financial literacy index has only reached around 50 percent, with financial inclusion at around 85 percent. This gap has the potential to pose risks if not balanced by massive and continuous education. Darwisman emphasized that the OJK will strengthen supervision to ensure that financial institutions not only grow but also maintain soundness and integrity. Risk-based supervision is a key strategy to anticipate potential fluctuations, especially in sectors vulnerable to changes in external conditions. Improving financial literacy is a key agenda for 2026. Public education through investment galleries, capital market school programs, and digital campaigns is expected to increase public understanding of financial products. With better literacy, the public can make wiser financial decisions and avoid illegal financial practices. Cross-sector collaboration is also key. "Collaboration with stakeholders at the central and regional levels will be accelerated to optimize policy effectiveness, strengthen competitiveness, and ensure the benefits of economic development are widely felt by the people of West Java," said Darwisman. This synergy is expected to strengthen the regional financial ecosystem. Therefore, digital transformation is a crucial momentum. Fintech and technology-based financial services are expected to expand financial access, especially for people in remote areas. However, strict supervision is still needed to prevent illegal practices and maintain public trust in the digital financial system. By strengthening supervision, expanding access, and improving financial literacy, the stability of West Java's financial system is expected to be maintained. This is crucial for maintaining public trust and supporting e-commerce growth. [SOURCE]

Jan, 15 2026

BP Taskin: Kuningan is an example of green investment that empowers the poor

Jakarta (ANTARA) - Head of the Poverty Eradication Agency (BP Taskin) Budiman Sudjatmiko named Kuningan Regency, West Java, as one of the regions that has successfully empowered the poor through green investment. According to him, although Kuningan Regency has the second-highest poverty rate in West Java, the region has received recognition from the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) for having the lowest rate of land conversion from agricultural to non-agricultural use. "This is a paradox: while the community has not been lifted out of poverty, the environment has been saved, and that is actually what is interesting. The Regent of Kuningan has a vision of only accepting green investment, investment that does not damage the environment and is very minimal, so that investment is only in food and must be green. That is an interesting finding," he said in a discussion in Jakarta on Wednesday night. He cited several examples of investments that Kuningan Regency could utilize, such as carbon trading, organic farming, or other investments that do not damage the environment while still utilizing technology. Budiman also said that, on average, regional heads who had held hearings with BP Taskin had succeeded in moving away from the paradigm of alleviating poverty by reducing the burden of expenditure on the poor through direct cash assistance (BLT). This does not mean that BLT has been eliminated, but rather that they have realized that BLT is not enough, he said. They have accepted the approach offered, which is to promote industrialization that liberates the poor. “So the approach is no longer affirmation, advocacy, or protection through BLT, social assistance, and so on, but rather they agree with our approach, industrialization that liberates the poor,” he said. He emphasized that BP Taskin has been offering an approach to poverty alleviation through data by name and address, investment, and collaboration. They agreed that poverty alleviation means encouraging investment with the aim of getting the poor to work or become entrepreneurs, not investment that simply displaces people or damages the environment. “But there are conditions, namely that poor areas must receive investment capital, or the poor must work and become part of the business chain,” he explained. Then, the next investment condition being promoted by BP Taskin is poverty alleviation through inclusive growth, which empowers the poor to work together to collaborate in order to escape poverty. “The approach BP Taskin will take, which we call poverty alleviation through inclusive growth, means growing through inclusive economic activities together,” he said. [SOURCE]

Nov, 03 2025

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