News - VinFast Builds Rp. 3.23 T Factory in Subang, Moeldoko Says This

VinFast Builds Rp. 3.23 T Factory in Subang, Moeldoko Says This

Jul, 15 2024

Vietnamese electric car manufacturer VinFast Auto officially started construction of its first electric vehicle assembly plant in Indonesia, marked by the laying of the first stone in Subang, West Java, Monday (15/7/2024), directly by the Chief of Presidential Staff, Moeldoko. VinFast assesses that RI is one of the most promising electric vehicle markets in Southeast Asia.

The factory, which is located in a developing industrial area in Subang, was built with an initial investment of around US$ 200 million or IDR 3.23 trillion (exchange rate IDR 16,160). This factory will operate with an annual production capacity of 50,000 vehicle units and includes several main production areas such as the Body Shop, General Assembly Shop, Paint Shop and testing area, etc.

VinFast schedules this factory to start operating in Q4 2025 and will produce right-hand drive versions of e-SUV models, including the VF 3, VF 5, VF 6 and VF 7 series for the Indonesian market.

This project is expected to create thousands of local jobs, increase the number of skilled workers, and make a significant contribution to the economic and social development of local communities. Presidential Chief of Staff Moeldoko assesses that this project is also ready to have a big impact in encouraging environmentally friendly transportation in Indonesia.

"The presence of VinFast will not only have a positive impact on the regional economy, but will also open up new job opportunities and improve the welfare of the surrounding community," he said.

"The Indonesian government strongly encourages foreign investment into our country, especially in the automotive industry sector. We believe that the presence of VinFast will bring technological innovation and knowledge transfer that is much needed to increase the competitiveness of the national automotive industry," said Moeldoko.

Currently, Vinfast has launched two right-hand drive electric SUV models, the VF 5 and VF e34, opened a dealer store, and implemented a flexible sales policy including a pioneering battery subscription program. VinFast Indonesia CEO Temmy Wiradjaja stated, VinFast strives to be a pioneer of the high-tech industry in Southeast Asia with global influence.

"We are holding this groundbreaking event just a few months after VinFast officially arrived in Indonesia, this confirms VinFast's strategic expansion and competitiveness in Southeast Asia, as well as marking an important milestone in our strategy to become a leading player in one of the most promising electric vehicle markets in this region," he said.

"This project shows VinFast's long-term commitment to Indonesia, boosting the electric vehicle sector, supporting economic growth and improving the quality of life of Indonesian people," said Tommy.

SOURCE

The Government Has Approved 6 New SEZs With An Investment Target of IDR 1,089.84 Trillion

Jakarta (ANTARA) - The National Council for Special Economic Zones (KEK) has approved the proposal to establish six new KEKs and one expansion of the Nongsa KEK in Batam with a target investment value of IDR 1,089.84 trillion. Coordinating Minister for Economic Affairs Airlangga Hartarto said that the KEK development is expected to create more than 14 million jobs. "Regulations will soon be prepared for all of these SEZ proposals and we are targeting the relevant Government Regulations (PP) to be completed in the second week of October 2024," said Airlangga in his statement in Jakarta, Wednesday. The KEK National Council will recommend to the President the establishment of a PP on 6 new KEKs and an increase in area for the Nongsa KEK. The 7 SEZs proposed are the first, the Sidoarjo Halal Industry SEZ, which is located in Sidoarjo Regency, East Java Province. The KEK has a land area of 796.65 hectares and is designed to support the development of the manufacturing sector which focuses on halal products. The Sidoarjo Halal Industrial SEZ is targeting investment realization of IDR 97.8 trillion in 2054 with a target workforce of 317,670 people. The second proposal is the Batuta Chemical Industrial Park KEK in East Kutai Regency, East Kalimantan Province. This KEK is designed to be an industrial center that focuses on the manufacturing sector with a land area of 748.9 hectares. With a total potential workforce of 432,964 people, KEK BCIP has an investment realization target of IDR 61.51 trillion in 2054. The third proposal is the Patimban SEZ in Subang Regency, West Java Province. This KEK has a land area of 511 hectares with a total investment realization of IDR 141.6 trillion in 2054 with a target workforce of 156,154 people. Apart from the Patimban SEZ, the Subang SEZ which is also located in Subang Regency, West Java Province and is a manufacturing SEZ, this SEZ was proposed by PT Aneka Bumi Cipta to be the fourth proposed SEZ with a target of realizing investment in the Subang SEZ of IDR 134.59 trillion with a land area of up to 481.93 hectares. The fifth proposal, the Mangkupadi KEK is located in Bulungan Regency, North Kalimantan Province, is a proposal by PT Kalimantan Industrial Park Indonesia (KIPI). With a land area of 11,696.53 hectares. This KEK is targeted to absorb a workforce of 140,796 people and realize an investment of IDR 504 trillion. Sixth, KEK Batang Integrated Industrial Zone which is in Batang Regency, Central Java Province. This KEK targets investment realization to reach IDR 130.3 trillion with a land area of 2,886.87 hectares and a total workforce absorption of 325,651 people. Then seventh, the proposed land expansion in the Nongsa KEK covers an area of 22.43 hectares with an investment realization target of IDR 20.07 trillion. "The proposed expansion of the Nongsa KEK is to develop a data center where the proposer of this KEK is PT Taman Resor Internet with business activities from the Nongsa KEK, namely tourism, and research, technology development," explained Airlangga. (SOURCE)

Oct, 01 2024

West Java Leads Investment in Q2, Governor Appreciates Citizens for Creating Positive Investment Climate

Bisnis.com, BANDUNG – Investor confidence in placing capital in West Java Province shows a positive outlook in the realization of investment in the second quarter (Q2) of 2025, according to data released by the Ministry of Investment and BKPM on Tuesday (July 29, 2025). Indonesia’s investment realization in Q2 2025 reached IDR 477.7 trillion, an 11.5% increase compared to the same period last year. This figure is also higher than the first quarter’s IDR 465.2 trillion. BKPM recorded West Java’s contribution at 15.2% of the total realization, ranking it first among provinces with the highest investment realization in both foreign direct investment (FDI) and domestic direct investment (DDI) sectors in Q2 2025, with a figure of IDR 72.5 trillion. Other provinces in the top five for Q2 2025 investment realization include Jakarta (IDR 71.1 trillion or 14.9%), East Java (IDR 38.6 trillion or 8.1%), Central Sulawesi (IDR 31.6 trillion or 6.6%), and Banten (IDR 29.7 trillion or 6.2%). Responding to this realization, West Java Governor Dedi Mulyadi appreciated the support of all West Java citizens who have maintained a conducive investment climate until the positive Q2 2025 realization was achieved. “Thank you to all West Java citizens who have managed to sustain investment,” he told the media. Investment and Downstream Industry Minister/ BKPM Head Rosan Roeslani, during a press conference, said that the industries with the highest investment realization in West Java in Q2 2025 include motor vehicles/other transportation equipment and housing. “When broken down, the regency with the largest contribution to investment realization in Q2 2025 in West Java is Bekasi Regency with a value of IDR 18.75 trillion, followed by Karawang, Subang, Bogor, and Bandung City,” he said. Previously, to realize a conducive investment climate and create jobs, Governor Dedi Mulyadi (commonly known as KDM) collaborated with the West Java Regional Police and Metro Jaya Police to ensure the safety and order of citizens. “For investment to grow healthily and create many jobs, efforts have been made to strengthen security basics in industrial zones and promote a conducive economic climate, protecting MSMEs, and ensuring peace in markets and other places,” he said. KDM also committed to making investment in West Java easier to help increase labor absorption. Therefore, he requested that investment services be quick, transparent, and uncomplicated. “I ask that services for businesses complying with the law be facilitated, while violations are handled persuasively but firmly,” said KDM. [SOURCE]

Nov, 24 2025

Investment realization in Karawang in 2024 reaches IDR 68.5 trillion

Karawang (ANTARA) - The Investment and Integrated One-Stop Service Office of Karawang Regency, West Java, stated that the realization of investment entering the Karawang area throughout January-December 2024 reached IDR68.5 trillion. Head of Economic Services of the Investment and Integrated One-Stop Service Office of Karawang, Didin Bihlaludin when contacted in Karawang, Tuesday said that the achievement was the achievement of foreign investment and domestic investment. For investment from domestic investment, it reached IDR10.2 trillion and foreign investment was IDR58.5 trillion. He said that the investment realization in Karawang in 2024 which reached IDR68.5 trillion had reached 160 percent of the target set by the central government of IDR42.7 trillion. Then from the achievement of quite high investment realization, the number of workforce absorption reached 21,344 people. Meanwhile, the details are, the absorption of labor from foreign investment is 13,253 workers and 8,091 workers from the absorption of domestic investment. Didin said, with an investment achievement of Rp68.5 trillion, in 2024, Karawang will be ranked second in the region with the highest investment in West Java. The region that is in first place with the highest investment in West Java is Bekasi Regency with a realization of IDR 71.8 trillion. Then in third place is Bogor Regency with an investment realization of IDR 22.9 trillion. Next in fourth place is Bekasi City with an investment realization of around IDR 13.7 trillion and in fifth place is Bandung City with an investment realization in 2024 reaching IDR 10.7 trillion. (KR-MAK) [SOURCE]

Mar, 17 2025

Bey Machmudin Invites Architects to Create Environmentally Friendly Designs for Sustainable Development

POJOKSATU.id, Bandung City - Acting Governor of West Java, Bey Machmudin, called on all architects to create environmentally friendly building designs to support sustainable development in West Java. In his speech at the Awarding Night of the Indonesian Architects Association (IAI) Jabar Award, at Savoy Homan Hotel, Bandung City, Saturday (27/7/2024), Bey Machmudin emphasized the importance of applying safe construction technology, using environmentally friendly building materials, and utilizing renewable energy such as solar power. “I hope that architects in West Java continue to develop themselves, broaden their horizons and adopt the latest technology in every work produced,” he said. Bey also invited stakeholders to continue to work together in creating an environment that supports the development of architecture in West Java. “The West Java Provincial Government is committed to supporting every initiative that aims to improve the quality of development and people's lives,” he said. He also appreciated the architects who have contributed their works to the development of West Java. He said architecture has an important role in shaping the face and identity of a region. “Good architecture not only reflects beauty and aesthetics but must also be able to answer the challenges of the times, be environmentally friendly and sustainable,” he said. In recent years, Bey said he has seen many architectural works that have had a positive impact on the people of West Java. Both in terms of economy, social and culture. “I am very proud to see the development and innovation that has been done by architects in West Java. This is proof that our architects are able to answer the challenges and needs of society,” he said. Through this award, Bey hopes to motivate architects to continue working and contributing their best for the progress of West Java. “To all the architects present, I thank you for your dedication and hard work in building a better West Java,” he said. “Let us make this a momentum to continue to innovate and collaborate for mutual progress,” Bey concluded. SOURCE

Jul, 29 2024

Swallowing Rp18.3 Trillion Investment, West Java Has Unique Toll Road Like Hot Wheels Track That Was Just Completed After 12 Years

LENGKONG, AYOBANDUNG.COM – With an investment of IDR 18.3 trillion, West Java has a unique toll road like a hot wheels track that was just completed after 12 years. West Java has a unique toll road that connects the areas of Bandung, Sumedang, and Majalengka which is named the Cisumdawu Toll Road or the Cileunyi - Sumedang - Dawuan Toll Road. This 61.6 kilometer long toll road costs IDR 18.3 trillion, half of which comes from the APBN, while the rest comes from a cooperation scheme between the government and the private sector or business entities (KPBU). Interestingly, this toll road has a unique icon that is not owned by other toll roads, namely the twin tunnel (Twin Tunnel). This twin tunnel is located in Section 2 of the Cisumdawu Toll Road, 472 meters long, which is named the longest tunnel in Indonesia that is under a hill. The twin tunnels were built using the innovative New Austrian Tunneling Method (NATM) technology, which is useful for strengthening the soil before excavation. When viewed from above, the twin tunnels make the Cisumdawu Toll Road look like a hot wheels track. On the official bpjt.pu.go.id page, it is stated that the Cisumdawu Toll Road is the most beautiful toll road in Indonesia, one of the reasons being the unique twin tunnel icon. In addition to having a unique twin icon of 472 meters, this toll road also connects the city of Bandung via the Cipularang Toll Road to the Cipali Toll Road. The construction of the toll road which was inaugurated by the 7th President of Indonesia, Joko Widodo in July 2023, apparently started in 2011 during the leadership of President Susilo Bambang Yudhoyono (SBY). However, in the process of its construction, the Cisumdawu Toll Road was hampered by several problems, one of which was land acquisition. So it can be said that the construction of this 61.6 kilometer toll road was only completed after 12 years. With the presence of this toll road, several parties claim that the route from Bandung to Cirebon via arterial roads that previously took 6 hours can be shortened to just 75 minutes. In addition, this toll road also connects several areas in West Java, such as Bandung, Sumedang, Cirebon, to Majalengka which is the fastest access to Kertajati Airport.*** (SOURCE)