News - West Java Boosts Investment of IDR 270 Trillion, Targets Economic Growth of 5.6 Percent

West Java Boosts Investment of IDR 270 Trillion, Targets Economic Growth of 5.6 Percent

Mar, 17 2025

KOMPAS.com – The West Java Provincial Government (Pemprov) is targeting investment realization of IDR 270 trillion in 2025 to support the province's economic growth which is projected to reach 5.6 percent.

"Reflecting on the economic growth target in 2025 of 5.6 percent, the calculation is that our investment must reach IDR 270 trillion. Of course by encouraging other sectors such as exports, imports, and consumption," said the Head of the West Java Investment and One-Stop Integrated Service Agency (DPMPTSP), Nining Yuliastini, Tuesday (11/2/2025), quoted from Antara.

West Java Investment Continues to Increase

Nining revealed that in 2024, investment in West Java reached IDR 251.14 trillion with the absorption of around 383,000 workers. With a higher target in 2025, she is optimistic that there will be a significant increase in labor absorption.

To achieve this target, the regional government will increase the capacity of human resources (HR) to meet the needs of industry and investors.

"Investors who have entered have requested a large number of workers, but of course with the desired specifications. The Job Training Center must be observant in seeing this need," he added.

Rebana Area Becomes an Investment Magnet One of the areas that is a favorite investment in West Java is the Rebana Area (Cirebon Raya), which has a large area and is supported by complete infrastructure.

"Since Rebana was designated as an industrial area, investment in the area has increased threefold," said Nining.

West Java remains the province with the highest investment realization nationally in 2024. The investment consists of Foreign Investment (PMA) of IDR 149.5 trillion and Domestic Investment (PMDN) of IDR 101.54 trillion.

As much as 75 percent of the total investment is centered in five regencies/cities in the northern region of West Java, including Bekasi and Karawang which are known as industrial centers.

Optimism for Investment Growth

Deputy Head of the West Java Bank Indonesia Representative Office, Muslimin Anwar, believes that investment in West Java will grow between 7 and 8 percent from the previous year.

He assessed that the conducive political conditions after the 2024 Presidential and Regional Elections will be the main factor driving investment.

"After the regional heads are officially inaugurated, investors who were previously waiting will start moving. It is hoped that regional heads will support steps to increase investment in West Java, especially in making regional regulations," he said.

In addition, the increase in Indonesia's global competitiveness, which is now ranked 27th in the IMD World Competitiveness Ranking, further strengthens the investment appeal in West Java.

"We have never been in this position, meaning that global trust is getting better. Ease of licensing and efficiency in managing investment are the main factors," concluded Muslimin.

(SOURCE)

Prabowo and SBY meeting to discuss the formation of a new investment institution

President Prabowo Subianto and the 6th President of the Republic of Indonesia Susilo Bambang Yudhoyono (SBY) met in Cikeas, Bogor, West Java, Monday, November 4 2024. The two discussed the formation of a new investment institution. "Pak Prabowo held a meeting with Pak SBY, among other things, discussing the formation of an investment institution that would be formed," said Gerindra Party DPP Daily Chair Sufmi Dasco Ahmad, quoted Tuesday, November 5 2024. Dasco did not specify the nomenclature of the investment institutions. He stated that SBY had experience leading Indonesia for 10 years. As a friend, he said that President Prabowo usually exchanged ideas with SBY. "Mr SBY has 10 years of experience in leading the Republic of Indonesia, of course as friends and comrades he is used to exchanging ideas," he said. Previously, President Prabowo Subianto met the 6th President of the Republic of Indonesia Susilo Bambang Yudhoyono (SBY). The meeting took place at SBY's residence in Puri Cikeas, Bogor, West Java. The general chairman of the Democratic Party, Agus Harimurti Yudhoyono (AHY), announced this meeting at the Democratic Party's National Technical Guidance (Bimtek) activity in Central Jakarta. (SOURCE)

Nov, 12 2024

Built for Rp. 800 billion, these twin tunnels in West Java are similar to the Teletubbies' house

LENGKONG, AYOBANDUNG.COM - Built for IDR 800 billion, these twin tunnels in West Java look like the Teletubbies' house. Netizens, especially children of the 90s, are definitely familiar with the Teletubbies characters. Hearing the word Teletubbies, some people will immediately remember the unique shape of the outside of their house. Two new tunnel infrastructures in West Java apparently have a shape that at first glance resembles the Teletubbies' house. The Cisumdawu Tunnel is a magnificent piece of infrastructure in West Java that was built to overcome the severe traffic congestion around the area. This tunnel itself is part of the infrastructure of the Cileunyi-Sumedang-Dawuan Toll Road (Cisumdawu Toll Road). It is known that the construction of these twin tunnels cost quite a bit, namely IDR 800 billion. This value is only about 10% of the costs required after choosing to split the hill. This tunnel is in a section and has a length of 472 meters that penetrates Cilengsar Hill. Rancakalong Village, Sumedang, West Java. Meanwhile, the cost to build the Cisumdawu Toll Road with a total length of 61,675 km requires an investment of IDR 14 trillion. Not only that, the presence of the Cisumdawu Toll Road is also expected to trigger economic growth in the surrounding area. By speeding up the flow of transportation of goods and people, this tunnel opens up new opportunities for business development and investment in West Java (SOURCE)

Feb, 27 2024

Suryacipta Targets Investment Expansion in Subang

Industrial estate managers still see opportunities for manufacturing investment growth in Indonesia, especially in West Java, which has long been one of the main destinations for foreign direct investment (FDI). PT Suryacipta Swadaya, a subsidiary of PT Surya Semesta Internusa Tbk (SSIA), believes that the industrial ecosystem in West Java is relatively mature, making it attractive for foreign investors looking to expand in Southeast Asia. General Manager Sales & Tenant Relation of Suryacipta, Binawati Dewi, said that foreign investor interest is still visible in several business meetings conducted by the company with potential investors in Hong Kong earlier this March. “Investors still see Indonesia as one of the production bases in the region,” she said in a press release at the end of this week. However, investment interest is now shifting toward manufacturing sectors with higher added value that require infrastructure support and operational certainty. Expand article logo Continue reading According to Dewi, this trend is also reflected in the occupancy rate of the industrial estate managed by the company. Suryacipta City of Industry in Karawang is said to have reached a mature stage with less than 10 hectares of industrial land remaining. [Source]

Mar, 16 2026

West Java Investment Realization in 2024 Reaches 251 Trillion, Highest in Indonesia

BANDUNG, iNewsBandungRaya.id - The West Java Provincial Government (Pemprov) ranks highest in investment in Indonesia with an investment value of IDR 251 trillion in 2024. Regarding this achievement, the Acting Governor of West Java, Bey Machmudin said that the investment value increased by 19.24 percent from 2023. "We are grateful because West Java in 2024 ranked highest in investment with a value of IDR 251.14 trillion for PMA and PMDN," said Bey at the BEJA (Bewara Jawa Barat) Vol. 15 event, at the East Hall of Gedung Sate, Bandung City, Tuesday (11/2/2025). "This number has increased by 19.24 percent from the previous year," he said. In addition to being good news to be grateful for, said Bey, this is also a challenge for the West Java Provincial Government in the future. "We should not be satisfied with the highest ranking in investment, while other aspects are still lagging behind. For example, our human resources must also be in the highest position," he said. Because according to him, West Java is one of the provinces in Indonesia that has a row of the best universities that are the largest in several regions. "West Java has many of the best universities, both in Bandung and Depok which are also part of West Java. So, there is no reason for the people of West Java not to be able to enjoy the results of this investment," he said. Therefore, Bey also asked all parties to play an active role in increasing investment value in their respective fields. "For example, investment in agriculture, such as potato production, must also prioritize products from West Java. We have all that potential," he added. In addition, Bey also asked the West Java Chamber of Commerce and Industry (Kadin) and the Indonesian Young Entrepreneurs Association (Hipmi) to take part in this effort. "I also hope that friends from Kadin and Hipmi can help in this effort. The only way to increase employment and economic growth is by attracting investment," he said. "I think our achievements so far have been very good, and I thank Bank Indonesia for their support," he continued. Meanwhile, the Head of the West Java Bank Indonesia (BI) Representative Office, Muhamad Nur, said that his party was very grateful and proud of the achievements of the West Java Provincial Government. "As a partner of the West Java Provincial Government, we give our highest appreciation to the West Java Provincial Government, as well as our colleagues from DMP PSB," said Nur. "In 2014, Alhamdulillah, West Java was ranked the best. This is certainly all the result of hard work led by Mr. Bey. Although towards the end we were in second place, West Java's talent is indeed a champion who remains a champion in the end," he added. Nur views that the challenges of the West Java Provincial Government in 2025 are very difficult. "Entering 2025, we see that the global, national, and regional economic conditions face many challenges. What we face in 2024 turns out to be not getting lighter in 2025, but instead the challenges are increasing," he explained. In the context of regional development in West Java, said Nur, investment is the main factor in economic growth. In economics, the basic formula is that growth must be driven by investment. "So, without investment, we cannot grow and develop," he said. Therefore, his party will also discuss a lot about what needs to be done, collaborate, and coordinate in order to attract greater investment to support economic growth in West Java and Indonesia. "These are the challenges that we need to understand together. God willing, we from Bank Indonesia will provide an explanation regarding the evaluation of 2024 and the opportunities and challenges in 2025 as a whole," he said. "Hopefully, from there we can formulate strategic steps so that West Java and Indonesia continue to grow and develop. All of this is certainly part of our shared commitment," he said. (SOURCE)

Mar, 17 2025

Sukabumi Regency Wins Top 5 Investment Challenge 2024 Award

Sukabumi Regency succeeded in winning the Top 5 Investment Challenge 2024 award at the West Java Industrial Meeting (WJIM) which was held at the Trans Luxury Hotel, Bandung City, Friday 28 June 2024. The award which was received directly by the Head of the Sukabumi Regency Investment and One-Stop Integrated Services (DPMPTSP) Service, Ali Iskandar, was an appreciation that Sukabumi Regency passed the top 5 regions with the best investment proposals in West Java along with Subang, Garut, Purwakarta and Ciamis Regencies. Also present at the event were representatives of Bappelitbangda Sukabumi Regency and Perumda Agro Sukabumi Mandiri. For your information, the 2024 Investment Challenge is a competition activity that is participated in by districts/cities throughout West Java through assessing investment proposals according to the potential of the region. Investment Challenge 2024 as a strategic activity is the first program organized by DPMPTSP West Java Province in collaboration with Bank Indonesia West Java Province Representative Office. Sukabumi Regency contributed to the 2024 Investment Challenge activities by proposing a proposal entitled "Development of a Modern Rice Processing Industry". This proposal was prepared by a team consisting of Perumda Agro Sukabumi Mandiri, Bappelitbangda and DPMPTSP, and supported by the Agriculture Service, DPTR and Food Security Service. This proposal is proposed using the Business to Business (b to b) scheme. If this proposal receives investment support, then in the future Perumda Agro Sukabumi Mandiri can manage a Modern Rice Milling Unit (RMU) in Jampangkulon to produce premium quality rice from grain originating from farmers/farmer groups in Sukabumi Regency, so that rice products from Sukabumi Regency can be obtained. processed by yourself. "Hopefully the investment of IDR 92 billion (B to B) with Perumda Agro can be fulfilled soon, for economic transformation by downstreaming and industrializing Sukabumi rice," said Head of Sukabumi Regency DPMPTSP Ali Iskandar. The Top 5 Investment Challenge goes through a fairly long process starting from the feasibility of the proposal, the preliminary round in the form of an evaluation of the feasibility of the investment being offered, the Top 10 in the form of an analysis of the feasibility of the RMU business and finally the Top 5 in the form of a presentation of the investment proposal in front of potential domestic and foreign investors at the West Java event Investment Roadshow (WJIR) on June 20 2024 at the Kempinski Hotel Jakarta. SOURCE

Jul, 05 2024

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