News - West Java Confirms Itself as the Locomotive of the National Economy

West Java Confirms Itself as the Locomotive of the National Economy

Jan, 20 2026

RRI.CO.ID, Bandung - West Java has once again asserted itself as the national economic powerhouse. Throughout 2025, investment realization in the province reached IDR 296.8 trillion, or 109.9 percent of the government's target. This achievement demonstrates the business world's confidence in West Java's investment climate.

Data from the Ministry of Investment shows that West Java holds the highest national position in investment realization. Jakarta is in second place with IDR 270.9 trillion, followed by East Java with IDR 145 trillion, Banten with IDR 139.2 trillion, and Central Sulawesi with IDR 127 trillion. This figure confirms West Java's dominance as a center of economic growth.

West Java Governor Dedi Mulyadi believes this achievement is the result of continuously maintaining a conducive, inclusive, and sustainable investment climate. "This achievement demonstrates that the business community's trust in West Java, both domestic and international, remains strong. The provincial government is committed to creating certainty, convenience, and a sense of security for investors," he said in a written statement on Friday, January 16, 2026.

On an annual basis, West Java's investment realization in 2025 experienced a significant surge, rising 18.21 percent compared to 2024, which reached IDR 251.14 trillion. This surge reflects increased economic activity and investment interest in various strategic sectors.

Of this total realization, Foreign Direct Investment (PMA) reached IDR 147.02 trillion, while Domestic Direct Investment (PMDN) was IDR 149.8 trillion. This composition demonstrates a relatively balanced contribution between domestic and foreign investors in driving regional economic growth.

According to Dedi, the balance between PMA and PMDN is an important indicator that West Java's economic development does not solely depend on foreign capital but is also strengthened by national business actors. "We want incoming investment to truly impact the welfare of the community. This shouldn't just be a large investment, but also about creating jobs, stimulating MSMEs, and encouraging equitable development across various regions," he explained.

Going forward, the West Java Provincial Government is committed to reforming the bureaucracy, simplifying permits, and strengthening infrastructure supporting investment. These steps include developing industrial estates and improving interregional connectivity to ensure investment is more targeted and effective.

This investment realization, which exceeded the target, is considered a positive signal for the West Java economy amidst challenging global dynamics. With this achievement, West Java is expected to remain a prime national investment destination and contribute significantly to Indonesia's economic growth.

"Going forward, investment must be aligned with the values of sustainability, environmental preservation, and local wisdom. West Java is open to investment, but remains grounded in the interests of the people," concluded Dedi Mulyadi.

[SOURCE]

Luhut Inaugurates Athletics Training Center in Pangalengan Bandung, Focuses on Creating World Class Athletes

JABAR EKSPRES – General Chairman of the Executive Board of the Indonesian Athletics Association (PB PASI) who is also the Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut Binsar Pandjaitan, inaugurated the new athletic training center in Banjarsari Village, Pangalengan District, Bandung Regency, Thursday (10 /10/2024). Present at the event were the Minister of Youth and Sports (Menpora) Dito Ariotedjo, the Acting (Pj) Governor of West Java Bey Machmudin, and the West Java Regional Police Chief Inspector General Pol Akhmad Wiyagus as well as several related stakeholders. This facility was built on 10 hectares of land in collaboration with BUMN and various other parties, and is intended as a training facility for national athletes with the aim of producing world-class athletes. According to Luhut, the establishment of this athletic facility has been a dream of PB PASI for decades, because they often use the Madya Stadium as a training ground. “Yes, I think this is PB Pasi's dream for decades. So, we have been depending on training at the Madya Stadium. "Moreover, the air pollution is very bad there," he said when met. According to him, this development plan was carried out three years ago and was even approved by President Jokowi. "And the President agrees, President Jokowi. We will do this, we got 10 hectares of this land from BUMN too," he said. Luhut added that the construction of this training was carried out at an international standard, from stadiums to training grounds. “I think the standards are international standards. There are 90 people from national housing for rooms for athletes. The gym is also good, there is hot water, the kitchen is also very good. "There is also a place to wash clothes, use coins, the water is also good," he said. This training center is also planned as a competition venue which can function as a "training center" for national athletes. According to Luhut, quality training facilities and housing are the keys to developing athletes who are able to excel. “Good athletes are born from good training and facilities too. The hostel must have hot water, good food, a good place to rest. We must appreciate those who excel and give bonuses. "Don't let our athletes die of cold," stressed Luhut. Luhut also considers that Pangalengan is an ideal location for athletics because it has fresh air and a supportive atmosphere, different from big cities which are full of activity. He called West Java a repository for potential athletes and hoped that this training center would become the birthplace of world-class athletes. "West Java is a warehouse for athletes, there is no reason we cannot create world-class athletes," he said. Based on field observations, the training center facilities in Pangalengan are projected to be able to accommodate up to 100 athletes and are equipped with facilities and infrastructure for all athletics events such as an 8 track running track, 100 meter extra sprint track, long and triple jump, javelin throw. Apart from that, there are also steeplech tracks, discus throw, hammer throw, pole vault, shot put, high jump, hill run facilities and spectator stands. There are even several other supporting facilities also prepared, such as a gym, athlete changing rooms, classrooms, dormitory buildings and large vehicle parking. (SOURCE)

Oct, 10 2024

BI: IRU-RIRU-GIRU Linkage Boosts Investment, 67 Projects Ready to be Offered

POJOKSATU.ID – Bank Indonesia emphasized that the synergy of the Investor Relations Unit (IRU), Regional Investor Relations Unit (RIRU), and Global Investor Relations Unit (GIRU) has driven the effectiveness of national investment and trade promotion throughout 2024. Deputy Head of the West Java Bank Indonesia Representative Office, Muslimin Anwar, stated that the integration of the three units is the main strategy in attracting investment both domestically and abroad. "Bank Indonesia has facilitated 26 investment promotion events, covering 67 investment projects with support from 15 Domestic Representative Offices (KPwDN). This shows that West Java and Indonesia in general are increasingly competitive in the eyes of global investors," said Muslimin. In promoting foreign investment (LN), BI is involved in various strategic forums, such as the Indonesia-Australia Investment Forum, Indonesia-Netherlands Trade Mission, Indonesia Investment Forum in Tokyo, and the ASEAN Conference. Meanwhile, domestically (DN), 13 business forums have been held with investment commitments in the form of Letters of Intent (LOI) worth IDR 49.6 trillion and Memorandums of Understanding (MoU) worth IDR 26.1 trillion. One of the projects that attracted attention was Subang Smartpolitan with investors from BYD Company, China. Bank Indonesia also emphasized the importance of IRU-RIRU-GIRU integration in mapping investment opportunities. "We are conducting a supply-demand map to ensure that the projects offered are ready and in accordance with investor needs. In addition, promotional activities are synergized, targeted, and outcome-oriented for maximum results," added Muslimin. In terms of investment distribution, West Java is the main destination with 52% of projects, followed by East Java (16%), North Sulawesi (14%), and other regions (14%). The leading sectors offered include the manufacturing industry, new and renewable energy, digital economy, tourism, and infrastructure. Muslimin emphasized that investment sustainability will continue to be monitored through periodic evaluations of project readiness, promotion effectiveness, and monitoring investor interest. "We are committed to making West Java and Indonesia a leading investment center with policies that support economic stability and growth," he concluded. *** (SOURCE)

Mar, 20 2025

West Java BI Predicts Economic Growth to Reach 4.9%

Warta Ekonomi, Bandung - Bank Indonesia West Java Provincial Representative Office predicts that economic growth in West Java in 2024 will reach 4.9 percent - 5.7 percent year on year. Head of West Java BI Representative Erwin Gunawan said this must be immediately responded to with optimism. However, he also invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," said Erwin to journalists after attending the launch of the 2023 Indonesian Economic Report (LPI) in Bandung, Wednesday (31/1/2024). Erwin also appealed to all parties to continue to work together in various ways to realize West Java's economic growth in 2024. "Hopefully with synergistic collaborative efforts together we can realize economic growth in the range of 4.9 - 5.7 percent year on year," he said Erwin said that the 2024 political year would increase consumption so that it would have a positive impact on West Java's economic growth. "Historically, election activities will have a positive impact on the economy. Moreover, in West Java, apart from the presidential election in February, it will also be followed by regional elections in November. Of course it will increase consumption in society," he explained. Erwin added that increasing consumption and demand in society must be balanced with controlling inflation through synergy and collaboration with related parties, including the West Java Provincial Government. "Increased consumption will also occur as the celebration of religious holidays approaches which coincides with the presidential and gubernatorial elections," he said. Meanwhile, Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, appreciated the collective work of Bank Indonesia West Java Representatives which has encouraged West Java's economy to remain stable during 2023. "I think this theme is very relevant to what is happening in West Java. The human development index is increasing, thank God we can reduce the unemployment rate," said Taufiq. Apart from that, during 2023 the number of people in the underprivileged category in West Java will decrease, accompanied by incomes that continue to increase slowly. "The poor population in West Java may decrease, per capita income will also increase," he said With regard to investment, West Java is at the forefront with a realization achievement of IDR 210.6 trillion during 2023 or reaching 112 percent. "Investment in West Java recorded investment realization reaching IDR 210.6 trillion, reaching 112 percent," he said. Entering 2024, he said that the West Java Provincial Government is determined to strengthen several strategic sectors to bring prosperity to the people of West Java. "In 2024 the provincial government will strengthen strategic sectors, education, infrastructure and human resources, so that economic growth can be achieved with the quality of life of the community," he concluded. (SOURCE)

Feb, 02 2024

Ministry of Communication and Information Facilitates Indonesian Startups To Achieve Investment of IDR 2.6 Trillion

Jakarta (ANTARA) - The Ministry of Communication and Information (Kemenkominfo) continues to strive to grow startup capacity in Indonesia, including by bridging Indonesian startups to be able to obtain funding from venture capitalists both at home and abroad with total funding received reaching 172.3 million US or the equivalent of IDR 2.6 trillion. "This is quite large, because compared to our spending, the impact felt is six times greater and this is what startup friends feel," said Director of the Digital Economy of the Ministry of Communication and Information Bonifasius W Pudjianto at the Ministry of Communication and Information Technology Office, Central Jakarta, Friday . Boni said that the Ministry of Communication and Information, in terms of facilitating startup development in Indonesia, also pays attention to network expansion and also opens up opportunities for investors from within the country and abroad to see the potential of local startups. The program focused on this activity is called HUB.ID, a program released in 2021 and there are two activities in it, namely HUB.ID Accelerator and HUB.ID Summit. The HUB.ID Accelerator program focuses on opening networks for startups, while the HUB.ID Summit is a matchmaking event between startups and potential investors who are venture capital to explore investment potential. The Ministry of Communication and Information noted that by 2023 there will be 63 startups facilitated through HUB.ID activities. In 2024, HUB.ID will again hold the HUB.ID Summit event, but in collaboration with the Nexticorn foundation, the event is designed to be the NextHub Global Summit. This event will take place on 23-25 September 2024 in Nusa Dua, Bali with the theme "Defrosting the Tech Winter". Even though there was a "Tech Winter" condition in the startup ecosystem in Indonesia which caused many startups to close down, the Ministry of Communication and Information remains optimistic that in the post-pandemic period, the investment climate in the startup ecosystem is starting to improve. Boni said the Ministry of Communication and Information continues to be committed to providing support for the growth of digital startups in Indonesia through many programs. "This cannot be stopped, we must continue to encourage young colleagues to develop their businesses in a digital direction. Because digitalization can expand to many things, starting from MSMEs to downstreaming to strategic sectors," said Boni. He further added, "We at the Ministry of Communication and Information even oversee the agriculture, fisheries, education, health, logistics and tourism sectors so that these sectors can further grow, develop and have an economic impact on society." (SOURCE)

Oct, 01 2024

Green Light from BKSL, LPCK, and DMAS: Dedi Mulyadi Revokes Moratorium on Housing Permits

West Java Governor Dedi Mulyadi has signaled that he will reopen the housing development permit market. This is a positive signal for property companies listed on the Indonesia Stock Exchange (IDX). In a recent statement, Dedi stated that the moratorium on housing permits will be lifted starting in February 2026. Furthermore, the revocation will be carried out gradually and selectively based on recommendations from academic studies from IPB University and the Bandung Institute of Technology (ITB). He also explained that the moratorium stipulated in Governor's Circular Letter No. 180/2025 remains in effect. However, the West Java Provincial Government is currently mapping areas that are ecologically viable for development without triggering flooding. "I have asked IPB and ITB to conduct a study to determine which areas are suitable for housing based on existing spatial planning and existing housing developments. Recommendations will be issued gradually starting in February," said Dedi Mulyadi after a dialogue with the developer association and the Minister of Housing and Settlement Areas (PKP), Maruarar Sirait, as quoted on Friday (January 23). Several property issuers have exposure to West Java, including PT Sentul City Tbk (BKSL), PT Kentanix Supra International Tbk (KSIX), PT Puradelta Lestari Tbk (DMAS), PT Ciputra Development Tbk (CTRA), and PT Metropolitan Land Tbk (MTLA). BKSL, for example, is developing the Sentul City independent development in Bogor, featuring several residential and commercial projects, such as Arcadia Residence & Square, Spring Residence, Spring Valley Extension, and Spring Garden. Phintraco Sekuritas recommends investors interested in investing in BKSL shares with short-term targets of 150, 160, and 170. Meanwhile, DMAS is developing Kota Deltamas, an approximately 3,200-hectare development in Central Cikarang, Bekasi, which integrates industrial, residential, commercial, and public facilities. CTRA is developing Citra City Sentul (Citra Sentul Raya) in Bogor, a township spanning approximately 400 hectares. D'Origin Advisory recommends that investors interested in acquiring CTRA shares enter when the price reaches 890, with a target price of 945 and 1,050. Meanwhile, KSIX has several projects in West Java, particularly in Bogor. These include Grand Nusa Indah (GNI) in Cileungsi, Adhigana, and Permata Nusa Indah Situsari, located in Bogor. MTLA, the company has several projects in West Java, including Metland Transyogi (Cileungsi, Bogor), Metland Cileungsi, Metland Cibitung, Metland Cikarang, and most recently, Metland Kertajati (Majalengka). The Lippo Group is also developing housing in Bekasi Regency through PT Lippo Cikarang Tbk (LPCK). LPCK's sentiment also stems from the Ministry of Housing's plan to turn the Meikarta area, developed by Lippo, into subsidized apartments. Basis for Issuing Housing Permits Dedi explained that the results of the study will form the basis for the government to undertake a large-scale transition in housing locations, including shifting from landed housing development patterns to vertical housing. He openly stated that the frequent flooding in West Java is a consequence of uncontrolled land conversion for housing. "Regarding housing development, we know that the current flooding mostly occurs in residential areas. Are we going to allow this flooding to worsen? There must be a solution. Areas prone to flooding should no longer be developed as residential areas," he said. This policy, Dedi continued, will serve as a selection process for developers. In the future, only developers with the capacity to build vertical housing (apartments or flats) will survive in urban areas like Bandung. Although the study's recommendations will be released in February, Dedi provided A stern warning issued that certain areas must remain off-limits to concrete under any circumstances, in order to preserve the ecology. "Absolutely not. No rice fields, no swamps, no cliffs, no riverbanks," he said. Furthermore, Dedi emphasized that developers will also be required to obtain a recommendation from the Regional Disaster Management Agency (BPBD) before issuing permits. Dedi also reminded those who have already received permits that President Prabowo Subianto's policy, reinforced by the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN), prohibits land conversion for development. [SOURCE]

Jan, 26 2026

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