News - Until the Third Quarter of 2024, Investment Value in Cirebon City Reached Rp1 Trillion

Until the Third Quarter of 2024, Investment Value in Cirebon City Reached Rp1 Trillion

Aug, 15 2024

CIREBON - The economic movement of Cirebon City after the Covid-19 pandemic continues to develop well. The impact in 2024, the value of investment in the city of Cirebon is considered stable, even tends to increase.

Head of the Cirebon City Investment, One-Stop Integrated Service (DPMPTSP) Office, Drs. Sosro Harsono explained, the West Java Provincial Government gave an investment target in Cirebon City of Rp860 billion.

“We are grateful, entering the third quarter or until July 2024, investment in Cirebon City has exceeded Rp1 trillion,” he said, Wednesday (14/8/2024), in his office.

Sosro revealed, this figure refers to the Business Identification Number (NIB) which is included in the Online Single Submission (OSS) data and the Investment Activity Report (LKPM) of business actors.

“The NIB lists the investment value. Then we also routinely receive LKPM from business actors. Their business operations are reported online, so that the local government knows the investment turnover in the city of Cirebon,” he explained.

Referring to the recapitulation data, Sosro continued, the current investment value comes from two doors, namely domestic investment (PMDN) totaling 6,207 investors and foreign investment (PMA) totaling 24 investors.

“As of July 2024, the PMDN investment round reached Rp641 billion. Meanwhile, the investment round from PMA reached Rp424 billion. So that the total investment reached Rp1 trillion from 6,231 investors,” he explained.

Sosro still said, the majority of PMDN are small and medium enterprises (SMEs), while PMA is in the form of business capital that enters the Cirebon City area industry.

“I emphasize, the value of investment is not the money that goes to the government or the value of buildings / assets of business actors. But the turnover of business or operational costs of business actors which includes capital and business profits,” he explained.

In addition to the investment target, said Sosro, Cirebon City is also targeted by the West Java Provincial Government to be able to realize 9,160 NIB issuances. Until July 2024, 6,207 NIBs have been realized.

“There are still five months ahead. We are optimistic that we can realize it. In total, since the launch of OSS-RBA, with a span of August 2021-2024, 17,914 NIBs have been issued,” he said.

Sosro also added that in West Java there are only two regions that can issue online licenses for medical personnel, both practice licenses for midwives and doctors.

“The two regions are Cirebon City and Cianjur. We can already issue licenses for medical personnel,” he said. (DKIS Cirebon City)

SOURCE

West Java Prepares Five Regions to Attract Semiconductor and Data Center Investments

The West Java Investment and One-Stop Integrated Service Agency (DPMPTSP) is developing an investment clustering strategy across its 27 regencies and cities to attract capital investment in several priority capital-intensive sectors. Head of DPMPTSP West Java, Dedi Taufik, stated that the agency has been closely observing global investment dynamics over the past few years, which have shown a shift from infrastructure-focused investments toward high-technology, capital-intensive industries. “We are implementing a thematic regional investment approach in West Java,” he said on Monday (February 23, 2026). Dedi explained that in 2025, global investment trends were dominated by the data center and semiconductor sectors, both of which recorded significant growth. Data centers alone accounted for one-fifth of the value of newly established projects. “Meanwhile, infrastructure, renewable energy, and tariff-sensitive industries such as textiles, electronics, and machinery experienced sharp declines in investment,” he said. According to him, the substantial increase in investment value that was not matched by a proportional increase in semiconductor projects was likely driven by the artificial intelligence (AI) boom and semiconductor sovereignty policies such as the CHIPS Act in the United States and similar initiatives in Europe and Asia. “This trend indicates that global capital flows are becoming increasingly selective, prioritizing high-value strategic projects rather than expanding conventional manufacturing facilities,” he explained. Based on the clustering results, several areas in West Java have been designated as centers for downstream electronics and semiconductor industry development. “These locations include Bekasi Regency, Subang Regency, Purwakarta Regency, and Sukabumi Regency,” he said. In addition, West Java is projected to become a hub for Indonesia’s digital economy and data center development, supported by investments from more than 30 companies. The main locations for these investments are industrial estates in Bekasi Regency, Karawang Regency, and Purwakarta Regency. In 2025, the Bodekarpur region recorded investment realization in the information and communication sector of Rp26 trillion. During the same period, the Greater Bandung area attracted Rp3.40 trillion in investment in the same sector. “The increase in investment in the digital economy and semiconductor sectors reflects a shift in investor interest toward industries that offer higher added value and stronger long-term growth prospects,” he said. Head of the West Java Regional Development Planning Agency (Bappeda), Dedi Mulyadi, added that the province’s investment policy direction for the 2025–2029 period continues to encourage investment realization in priority 3T areas (underdeveloped, frontier, and outermost regions). West Java Governor Dedi Mulyadi has also consistently promoted efforts to improve the investment climate and ease of doing business. In addition to capital-intensive industries, he highlighted significant investment opportunities in the food sector, driven by West Java’s projected population growth over the next five years. “West Java is both crucial and highly potential as an investment destination in Indonesia. Over the next five years, population growth will be extraordinary. This creates market potential, meaning investors are not only building industries but also serving a growing consumer market,” he said. According to projections, West Java’s population is expected to reach 52.69 million people by 2030, resulting in substantially higher food demand. Dedi cited projections showing annual demand for rice reaching 4.28 million tons, eggs 428,000 tons, and chicken meat 578,000 tons. “These needs, along with other staple commodities, will increase significantly,” he said. To support sustainable investment, the West Java Provincial Government will prioritize the development of road and irrigation networks. [Source]

Jun, 03 2026

Garut to Subang Offer Long-Term Investment Projects Worth Over Rp 392 Billion

TRIBUNJABAR.ID, BANDUNG - Five regencies/cities in West Java are offering various strategic projects with an investment value of up to Rp 392 billion. The five regencies/cities are Subang, Purwakarta, Ciamis, Sukabumi, and Garut. Head of the West Java Provincial Investment and Integrated One-Stop Service Agency (DPMPTSP), Dedi Taufik, stated that these projects are included in the West Java Investment Challenge (WJIC) 2025 list, which is ready to welcome investment partnerships in sectors such as basic infrastructure, agriculture, processing industries, and sustainable tourism. “This signifies the region's commitment to promoting economic growth based on local potential,” said Dedi Taufik on Monday (6/23/2025). In Subang Regency, he said, there is an investment project for clean water services for the Patimban Port Area with an investment value of IDR 134.2 billion through a Build Operate Transfer (BOT) scheme. “This project is designed to expand the coverage of services, which currently only reaches 46.1 percent, in an effort to support port activities and industrial development around the Patimban Port,” he said. Sukabumi, through Perumda Agro Sukabumi Mandiri, is developing a Modern Rice Milling Unit (RMU) worth IDR 92.5 billion with automated and efficient technology. This project offers an IRR of 22.1% and a payback period of 3 years. The RMU is designed to increase the capacity and added value of rice from local rice farming. Purwakarta is offering a project to optimize the clean water supply system in Jatiluhur District worth IDR 31.9 billion (CAPEX), with a Business to Business (B2B) scheme. This project, said Dedi, will increase the capacity of clean water services for more than 9,000 households and industries to address the limited groundwater supply in the area. Ciamis is opening up investment opportunities worth IDR 24.2 billion to build an Integrated Chicken Processing Industry in Kp Cijeungjing. “This project supports the poultry sector through RPA and cold chain system facilities, with a capacity of 4,000 chickens per day and a payback period of around 4.5 years,” he said. Meanwhile, in Garut Regency, Situ Bagendit World Class Premium is a nature and culture-based tourism project developed on 124 hectares of land. Through an Unsolicited Public Private Partnership (PPP) scheme, this Rp109.5 billion project targets middle and upper-class tourists with an IRR of 18% and an NPV of Rp78.45 billion. “All of these projects not only offer financial potential but also promote sustainable development and local economic empowerment,” he said. Dedi assured that the local government is ready to collaborate with strategic investors who have a long-term vision. [SOURCE]

Nov, 03 2025

Greater Bandung, Bandung City Government is Optimistic to Achieve Investment Target of IDR 7.2 Trillion

INILAHKORAN, Bandung - The Bandung City Government continues to boost economic growth. One of them is by attracting investment interest in the city of Bandung. In fact, to make it easier for investors to carry out activities and make investments, the Bandung City Government issued two special regional regulations, namely Regional Regulation Number 5/2022 concerning Spatial Planning and Regional Regulation Number 4/2022 concerning the Implementation of Capital Investment. "The Bandung City Regional Spatial Planning Regulation is the most important platform for providing investment certainty. Around December 2023 or January 2024, a detailed plan for the spatial planning regional regulation can be immediately established. This is the main means for the Bandung City Government to provide permits," said the Acting Mayor of Bandung. Bambang Tirtoyuliono, Tuesday 5 December 2023. According to him, certainty regarding regulations, incentives and disincentives provided by the Bandung City Government supports investment certainty. "Apart from that, there are 12 investment projects that we are offering to potential investors. Through this program we hope to increase investment interest in the city of Bandung. The value is around IDR 6 trillion. We are optimistic that the target of IDR 7.25 trillion can be achieved," he said. He added that the impact of growing investment in the city of Bandung has had a huge impact on the human development index (HDI). In 2022, the HDI in Bandung City will reach a value of 82.5. In 2023 the target is 83.05. Then, economic growth in the city of Bandung in 2022 will reach 5.41 percent. In 2023 the target is to reach 5.70 percent. "There are three HDI indicators, namely health, economy and education. I am optimistic about the results of our investment value and inflation conditions this year. In November, inflation in Bandung City was the lowest. This is the result of collaboration between all of us. This is one of the investment opportunity variables, " he said. Apart from that, with the increase in HDI and economic growth, Bambang said, more and more workers in Bandung City could be absorbed. This is a source to support investment in Bandung City. Meanwhile, Head of Bandung City DPMPTSP Ronny Ahmad Nurudin explained that BIS is an annual routine agenda to promote investment in Bandung City. BIS's main focus this year is to create a higher quality and more sustainable urban environment. Realized investment value in 2022 reached IDR 7.79 trillion from the target of IDR 6.65 trillion or 117.14 percent achieved. Meanwhile, in the third quarter of 2023, the realization reached IDR 6.3 trillion from the target of IDR 7.25 trillion or 87.12 percent achieved. Apart from that, DPMPTSP also gave appreciation to a number of foreign and domestic companies and stakeholders who contributed positively to the economy of investment projects in the city of Bandung. His party also gave appreciation to the three sub-districts which have the highest number of business identification numbers (NIB) through the Sakedap service (a platform for facilitating licensing). "In Sundanese it means a moment. So, within 10 minutes the NIB can be issued to MSME players," said Ronny Ahmad Nurudin. He added that the number of NIBs issued through the Sakedap service during 2023 was 1,569. With a total of 33,961 NIBs published from January-November 2023. So, in total since the implementation of the risk-based OSS in 2021, 73,881 NIBs have been issued "This achievement received appreciation from the West Java Provincial Government as the city with the most published NIBs," he said. Apart from that, the city of Bandung also became a corruption-free area (WBK) in 2019. Then, it was upgraded to a clean bureaucracy serving area (WBBM). "Only Bandung City has received this title. We also received an award as the organizer of the MPP in the Excellent category. Even though the Bandung City MPP is only one year old, it was inaugurated on August 23 2023," he said. In the BIS 2023 event, there are six investment categories that received appreciation. This category was won by several companies and stakeholders, including: 1. Foreign investment categories with the greatest level of compliance:- Kereta Cepat Indonesia China- PT Shell Indonesia - PT Mitshubishi Tanabe Farma Indonesia 2. Medium and large business investment categories with the greatest level of compliance:- PT Indisi- PT Mahkota Permata Perdana- PT Medikaloka Arcamanik 3. Small business domestic investment with the greatest level of compliance:- PT Asia Vaporindo Berjaya- PT Indosal Jaya Mandiri- PT Tanjung Cemerlang Shipping (SOURCE)

Dec, 08 2023

West Java Economy Projected to Grow Better in 2025, Facing New Leadership Challenges

POJOKSATU.ID — Bank Indonesia (BI) projects that the West Java economy in 2025 will grow better than in 2024, with a growth target of 4.7% to 5.5% (year on year/yoy). This optimism is supported by the global economic recovery and the strengthening of the domestic economy which is expected to continue. Head of the West Java Bank Indonesia Representative Office, Muhammad Nur, stated that this positive projection was driven by several key factors. One of them is the increase in people's purchasing power along with the increase in the West Java Provincial Minimum Wage (UMP). In addition, private investment is also expected to increase with an investment target of IDR 270 trillion in 2025. "Public optimism and increased private investment are the main driving forces for the West Java economy. We hope that this target can be achieved while maintaining price stability and encouraging new sources of economic growth," said Muhammad Nur when met in Bandung. However, Muhammad Nur emphasized that West Java also faces major challenges, especially related to the transition of national leadership. The central government's policy within the framework of the "Asta Cita" vision promoted by the new government has the potential to affect the flow of funds to the regions, given the increasingly limited fiscal space. "Strong synergy is needed between regional and central governments so that the economic policies taken can have a real impact on the regional economy. In addition, maintaining people's purchasing power, especially the lower middle class, is a priority so that economic recovery can be sustainable," explained Muhammad Nur. Another challenge is the still high dependence on imports and the normalization of the fiscal budget after the 2024 political year. For this reason, West Java is expected to strengthen the processing industry, agriculture, and export sectors by taking advantage of improvements in international trade relations with the United States and European countries. "Efforts to reduce dependence on imports and increase domestic industrial productivity continue to be made. This is important so that the West Java economy remains resilient in the face of global uncertainty," added Muhammad Nur. As part of the vision of "Special West Java 2025-2029" in order to move towards "Most Advanced West Java 2045", Bank Indonesia supports a mix of monetary, macroprudential, and payment system policies to maintain economic stability. "BI is ready to support synergy with all stakeholders in West Java. We hope that economic growth can continue in a sustainable and inclusive manner," concluded Muhammad Nur. With optimism and readiness to face challenges, the West Java economy is expected to grow more solidly in 2025, providing benefits to the wider community and strengthening regional competitiveness at the national and global levels.*** [SOURCE]

Apr, 09 2025

Bogor Raya Finalizes Waste-to-Energy Project in Cibungbulang, Jaro Ade Oversees Administrative Readiness for Major Investment

The Bogor Regency and Bogor City governments are accelerating preparations for the Bogor Raya Waste-to-Energy (WtE) Project, a National Strategic Project aimed at converting municipal waste into electricity. Located in Galuga Village, Cibungbulang District, Bogor Regency, the project is scheduled to begin construction with a groundbreaking ceremony in early August 2026. Bogor Deputy Regent Ade Ruhandi, popularly known as Jaro Ade, inspected the project site on Monday (July 13, 2026), accompanied by Bogor Mayor Dedie A. Rachim and Deputy for Food Affordability and Food Security Coordination at the Coordinating Ministry for Food Affairs, Dr. Ir. Nani Hendiarti. During the visit, Jaro Ade emphasized the importance of administrative accountability and instructed relevant officials to ensure that all required documentation is completed and verified from the outset. "As advised by the Deputy Minister, we must maintain proper administrative procedures. Therefore, I ask all relevant officials to closely oversee every administrative requirement needed for this project," Jaro Ade said before representatives of the Bogor Regency Government and local sub-district leadership. He explained that strict administrative compliance is essential to provide legal certainty for investors committing substantial capital to the project. Given the scale of the investment, every administrative requirement must be fulfilled to safeguard the project's implementation. "It is not only because we have support from the Indonesian National Armed Forces (TNI), but also because the investors are bringing a significant amount of capital. This investment must be fully secured through proper administrative procedures. Since the project is located in Bogor Regency, not a single administrative requirement should be left unmet," he stressed. According to Jaro Ade, the swift and coordinated approach reflects the regional government's commitment to aligning with the central government's accelerated implementation agenda. The Waste-to-Energy Project is one of the priority programs initiated under the direction of President Prabowo Subianto. He stated that both the Bogor Regency and Bogor City governments fully support the central government's intervention. The adoption of Waste-to-Energy technology is considered one of the most effective long-term solutions to address the longstanding waste management challenges affecting both jurisdictions. "The waste issue has persisted for many years and has repeatedly triggered social concerns. This remarkable initiative introduced by the President offers a highly appropriate solution. The government is providing a clear way forward, and both the city and the regency warmly welcome it," he said. Jaro Ade added that cooperation in improving waste management represents a long-term commitment that will continue across successive administrations, including under the leadership of Bogor Regent Rudy Susmanto. In closing, he called on all stakeholders and regional authorities to maintain a safe and conducive environment to support the successful implementation of the project. "This investment is worth trillions of rupiah—it is not a small investment. I invite everyone, including the Sub-district Head, the Police Chief, and the Military Commander, to support this project together. We must ensure that our region remains stable and conducive to uphold Bogor's reputation, particularly in the western part of the regency," he concluded. [SOURCE]

Jul, 15 2026

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