News - West Java DPRD Approves Nine Draft Regional Regulations in the 2025 Propemperda

West Java DPRD Approves Nine Draft Regional Regulations in the 2025 Propemperda

Nov, 15 2024

PORTALJABAR, KOTA BANDUNG - Acting Governor of West Java Bey Machmudin attended the West Java Provincial DPRD Plenary Meeting at the West Java DPRD building, Bandung City, Friday (8/11/2024).

In the plenary meeting, Bey expressed his appreciation for the DPRD's approval of the 2025 Regional Regulation Formation Program (Propemperda), which includes nine draft regional regulations (ranperda) proposed by the West Java Provincial Government.

"We have proposed 11 draft regional regulations to be discussed in 2025 through a letter dated 17 October 2024. Of these proposals, nine draft regional regulations were agreed to be accommodated in the 2025 Propemperda," said Bey Machmudin.

One of the nine regional regulations is the Regional Regulation on the Regional Medium Term Development Plan (RPJMD) for West Java Province for 2025-2029.

Apart from that, there are two other draft regional regulations, namely the Draft Regional Regulation on Investment and Ease of Doing Business, and the Draft Regional Regulation on Amendments to the Regional Regulations of West Java Province Number 2 of 2019 concerning the General Regional Energy Plan, which are still in the process of being discussed at the Special Committee (Pansus) level, which is launch of Propemperda 2024.

Bey said that several proposed regional regulations had a strategic role in strengthening Regional Owned Enterprises (BUMD) and supporting infrastructure development in West Java, including regional regulations regarding the management of West Java International Airport (BIJB) and Kertajati Aerocity.

The draft regional regulation was prepared as a follow-up to the full operation of Kertajati Airport, Majalengka Regency, following the transfer of flights from Bandung, which is projected to increase the need for working capital and investment.

"In addition to strengthening airport management, the draft regional regulation also harmonizes the provisions of Government Regulation Number 54 of 2017 concerning BUMD," he said.

Bey also emphasized the importance of the draft regional regulations related to PT Agronesia to increase the company's authorized capital so that it can strengthen capacity and increase profits.

Even so, he appreciates the DPRD's decision to postpone the draft regional regulation on capital participation, taking into account various aspects.

At the end of his speech, Bey Machmudin also expressed his appreciation to the West Java DPRD, especially the Regional Regulation Formation Agency (Bapemperda) which has worked hard in coordinating the discussion and review of the regional regulation draft.

"We, on behalf of the West Java Provincial Government, express our appreciation to the Leadership and Members of the Bapemperda DPRD of West Java Province who have coordinated the discussion and study of the 11 draft regional regulations proposed for the propemperda," concluded Bey.

The following are the nine regional regulations agreed in the 2025 Propemperda:

Ranperda concerning the Regional Medium Term Development Plan (RPJMD) for West Java Province for 2025-2029.
Ranperda concerning the Implementation of Non-Metal and Rock Mineral Mining Business Activities.
Ranperda concerning the West Java Province Tourism Development Master Plan for 2026-2045.
Ranperda on the Implementation of Population Administration.
Ranperda concerning West Java International Airport Limited Liability Company and Kertajati Aerocity (Perseroda).
Ranperda concerning Capital Participation of the West Java Provincial Government to PT Bandarudara Internasional West Java (Perseroda).
Ranperda concerning Amendments to Regional Regulation Number 12 of 2017 concerning PT Agronesia (Regional Liability Company).
Draft Regional Regulation on Surface Water Use.
Draft Regional Regulation on Gender Mainstreaming.

(SOURCE)

Investment in Indonesia in Q4 2024 Reaches IDR 452.8 Trillion, Absorbs 580 Thousand Workers

STOCKWATCH.ID (JAKARTA) - Investment realization in Indonesia in the fourth quarter of 2024 recorded impressive results. Rosan Perkasa Roeslani, Minister of Investment and Downstream/Head of BKPM RI revealed that investment for the October-December 2024 period reached IDR542.8 trillion. This figure grew quarterly (QoQ) and increased significantly by 23.8% compared to the previous year (YoY). This achievement is equivalent to 27.4% of the President's investment target of IDR1,650 trillion and 36.5% of the Strategic Plan (Renstra) target of IDR1,239.3 trillion. In addition to investment growth. The most encouraging thing is the absorption of labor which has also increased. "Workforce absorption is our main priority. In the fourth quarter of 2024, as many as 580,916 people got jobs thanks to incoming investment. This figure grew 26.9% compared to the previous year," said Rosan, in Jakarta, Friday (1/31/2025) In terms of investment sources, both Foreign Investment (PMA) and Domestic Investment (PMDN) both experienced an increase. PMA was recorded as contributing IDR245.8 trillion or 54.3% of total investment, growing 33.3% annually. Meanwhile, PMDN contributed IDR207 trillion or 45.7%, up 14.1%. The investment trend has also begun to shift outside Java. In the fourth quarter of 2024, 57.5% of investment flowed outside Java with a value of IDR260.4 trillion, a sharp increase of 40.8% YoY. Meanwhile, investment in Java amounted to IDR192.4 trillion or 42.5%, growing 6.4%. In terms of regions, the five regions with the largest investments are West Java IDR 66.2 trillion (14.6%), Jakarta IDR 50.1 trillion (11.1%), Central Sulawesi IDR 41.3 trillion (9.1%), East Java IDR 35.9 trillion (7.9%), and South Sumatra IDR 30.5 trillion (6.7%). The sectors that attract the most investors are the basic metal and metal goods industry IDR 60.4 trillion (13.3%), followed by mining IDR 52.2 trillion (11.5%), transportation, warehousing, and telecommunications IDR 42.7 trillion (9.4%), food industry IDR 34.5 trillion (7.6%), and other services IDR 34.2 trillion (7.6%). In terms of country of origin, Singapore remains the largest investor with a total investment of US$ 5.7 billion, followed by China US$ 2.3 billion, Hong Kong US$ 2.2 billion. Malaysia US$ 1.5 billion, and Japan US$ 0.9 billion. "Everything is from Asia if you look at investments in the fourth quarter of 2024," said Rosan. (SOURCE)

Mar, 14 2025

Foreign Investors Investing Rp 126 Trillion, Lyrics to East Cirebon Area

Liputan6.com, Cirebon Efforts to increase investment are still one of the priority programs of the Cirebon Regency Government. The government believes the presence of investors has a positive impact on society. PT Merlion Sejahtera Group is rumored to be investing Rp 129 trillion in Cirebon Regency. This was revealed in a working meeting of Commission II of the Cirebon Regency DPRD. Chairman of Commission II of the Cirebon Regency DPRD Hasan Basori said the investment from PT Merlion Sejahtera Group has great potential to change the economic dynamics of Cirebon Regency. “This investment is expected to improve the local economy, as well as open thousands of jobs for the local community,” said Hasan Basori when leading the agenda of Evaluation of Acceleration and Supervision of Investment for Foreign Investment, Thursday (15/8/2024). Hasan Basori emphasized the importance of this investment for regional economic growth. According to him, PT Merlion Sejahtera Group has great potential to change the economic dynamics in Cirebon Regency. He mentioned, currently the investment growth of Cirebon Regency per the third quarter has only reached 29 percent of the target of Rp 3.2 trillion. “PT Merlion Sejahtera Group has an investment initiative of Rp 129 trillion, meaning that this figure exceeds several thousand percent of the investment target set by the local government,” Hasan said when interviewed by the media, Thursday (15/8/2024). According to him, Cirebon Regency has a strategic position and strong investment carrying capacity on the coastal route. Therefore, the importance of the role of the local government in supporting and overseeing these investments. “We hope that this investment is part of increasing the economic growth of Cirebon Regency, which is currently relatively below the economic growth of West Java,” he said. He hopes that the investment value of Rp 129 trillion can absorb a lot of local labor. This, he said, is in accordance with the Regional Regulation (Perda) which prioritizes local wisdom policies. “As a macroeconomic analogy, per one trillion, the estimated target is 1,500 to 2,000 workers can be absorbed. If it is Rp 129 trillion within 10 years, every year the growth is one trillion, then the workforce can be absorbed from the local workforce,” he explained. It is known, PT Merlion Sejahtera Group, which is engaged in the smelter industry. It is also expected to support regional exports, thus encouraging the economic growth of Cirebon Regency at a macro level. Meanwhile, Chairman of the Indonesian Employers Association (Apindo) of Cirebon Regency, Asep Soleh said, the foreign company has officially invested in Cirebon Regency with a development plan on 250 hectares of land in Pengarengan Village. This investment is considered to have a positive impact on the regional economy, especially in reducing unemployment and boosting economic growth. According to him, the presence of the foreign company is an important momentum for Cirebon Regency to attract more investors. “Of course, Apindo Cirebon Regency is very happy, thank you to PT Merlion Sejahtera Group for investing heavily in Cirebon Regency.” He also emphasized the importance of support from various parties. Such as the local government and legislature to ensure investment can run smoothly and have a positive impact on society. According to Asep, the presence of PT Merlion Sejahtera Group in Cirebon Regency can be an opening door for other investors who want to invest in this region. “Like the economy, unemployment is reduced, and so on. So, it must be well supported so that then not only Merlion, but other PTs can also be present in Cirebon Regency,” he said. PT Merlion Sejahtera Group's development and operational target in Pengarengan Village is expected in 2025. Currently, the land acquisition process has reached 130 hectares of the total 250 hectares planned. Asep also hopes that local companies can participate in this project to accelerate investment realization. “Merlion can also be assisted by local indigenous companies to accelerate its investment. So this is a very good support system,” he said. SOURCE

Aug, 16 2024

OJK Cirebon Encourages Students to Love Saving and Investment

Growing awareness of saving and investing, the Cirebon Financial Services Authority (OJK) held an education for students and students in Ciayumajakuning at the peak of Indonesia Saving Day 2024. The activity was held at the Cirebon Representative Office of Bank Indonesia (KPw BI), Monday, August 12, 2024. This activity was attended by the Head of Bank Indonesia Cirebon Representative Anton Pitono, Head of the Indonesia Stock Exchange West Java Representative Office Achmad Dirgantara and Mandiri Sekuritas Cirebon Representative. The participants were more than 200 students who are members of the Management and Members of the Indonesia Stock Exchange Investment Gallery (GI BEI), the Indonesia Stock Exchange Sharia Investment Gallery (GIS BEI), Generasi Baru Indonesia (GenBI), and the Indonesia Stock Exchange Education Investment Gallery (GIE BEI) in Ciayumajakuning. Head of OJK Cirebon, Agus Muntholib said that the peak of Indonesia Saving Day (HIM) Year 2024 was held in conjunction with the National QRIS Week. The theme taken was Ngobrol Investasi yang Cuan, Aman, dan Damai (ROTI CANAI). Through this activity, OJK Cirebon together with all stakeholders continue to encourage increased financial literacy and inclusion, especially in the field of Capital Markets to groups of students and students to foster awareness of saving and investing for the future. "OJK Cirebon continues to educate to improve financial literacy or understanding of the younger generation of the benefits and risks of financial products and services." "So that they become capable consumers, feel the benefits of using financial products and services, and can use financial products and services to create added value," he said. From January to mid-August 2024, OJK Cirebon has conducted 57 financial education activities in Ciayumajakuning with a total of 20,114 participants. Financial inclusion in the form of opening Student Savings (SimPel) accounts for the Semester 2 period in 2024 amounted to 1,329,286 accounts with a nominal value of Rp294.54 billion. Currently, the younger generation is faced with financial digitalization that moves exponentially with very open information flows. For this reason, OJK will continue to educate the younger generation so that they are not easily trapped in schemes and various modes of illegal investment and online gambling. "We are committed to continuing to eradicate illegal entities such as illegal online loans, online gambling, illegal investments, and other illegal entities through synergy and collaboration with members of the PASTI Task Force and the Online Gambling Eradication Task Force," he explained. Meanwhile, Head of Bank Indonesia Cirebon Representative, Anton Pitono on the occasion said that synergy and collaboration like this is expected to increase financial literacy and inclusion in improving people's welfare and supporting regional economic growth. "Bank Indonesia always supports inclusive finance, economy and digital finance, one of which is through the innovation of the QRIS digital payment system," he said. SOURCE

Aug, 14 2024

Bey said synergy with BI West Java would be further improved

Taking place in the Bank Indonesia (BI) West Java Province (Jabar) Hall on Jalan Braga, Bandung City, the new Head of West Java BI, Muhammad Nur, was officially inaugurated.The inauguration event was attended by a number of officials, including Acting Governor of West Java Bey Machmudin, Head of West Java OJK Imansyah, West Java Forkopimda, and bank leaders in West Java as well as stakeholders.During his speech, Bey said that the West Java Provincial Government would increase synergy with the West Java Bank Indonesia (BI) Representative Office under its new leadership."Hopefully in the future we will have more synergy," said Bey at the inauguration event, Friday (26/4/2024).Bey said, West Java BI is very necessary, especially in analyzing and encouraging the economic potential in West Java to become something whose benefits can be felt by the community."We need support and cooperation from BI West Java, especially regarding the analysis of economic potential in West Java," said Bey.It is known that the Head of West Java BI is now officially headed by Muhamad Nur, who was previously the Head of the BI Riau Representative, replacing the previous Head of West Java BI Erwin Gunawan Hutapea, who is now the Head of the East Java BI Representative.At the end of his speech, Bey said that the results of the West Java BI analysis regarding economic potential would be a guide for the West Java Provincial Government in making policies, especially in the creative industry, tourism, agriculture and information technology sectors."The results of the analysis will be our guide in making policies and development directions such as in the creative industry, tourism, agriculture and information technology," said Bey.On that occasion, Bey also said that in the fourth quarter of 2023, the West Java economy grew 5.15 percent, exceeding the previous quarter's 4.58 percent year on year (yoy). Meanwhile, West Java inflation in March 2024 will reach 0.51 percent."Controlling food inflation is our shared priority in 2024 and of course the role of West Java BI in maintaining the macro economy in West Java is very decisive," he said.Bey continued, West Java's economic stability will affect the inflow of investment and sustainable development for the welfare of the community."West Java is a driving force for the national economy because it is important to increase synergy in realizing community welfare," he concluded.(SOURCE)

Apr, 29 2024

These 3 toll roads in West Java are development priorities in the Prabowo Subianto era, one of which has an investment value of IDR 56.2 trillion

LENGKONG, AYOBANDUNG.COM – These 3 toll roads in West Java will be a development priority in the Prabowo Subianto era. Having stalled and not been completed under Jokowi's government, Prabowo Subianto has plans to build a number of infrastructure in the form of toll roads, one of which is in West Java. Apart from solving traffic jams in West Java, these 3 toll roads were built to attract investors who come to Indonesia. Considering that West Java is one of the largest provinces on the island of Java which has a lot of potential in various sectors. Including the natural tourism sector which is extensive and can be developed better through infrastructure development in the form of toll roads. Apart from that, West Java is also an interesting culinary center that is always visited by local and foreign tourists. These are the 3 toll roads in West Java which were priorities in the Prabowo Subianto era, one of which had an investment value of IDR 56.2 trillion. Getaci Toll Road (Gedebage-Tasikmalaya-Ciamis) This is the construction of a toll road which is predicted to be the longest in Indonesia. While it was not continued during the Jokowi administration due to the failure of the auction by two consortiums, the government is optimistic that construction will take place in 2025. The government together with the Ministry of Public Works (PU) held another auction to attract investors in the construction of the Getaci Toll Road. It is planned that the construction of the Getaci Toll Road will connect West Java and Central Java for 206.65 km. For this reason, the budget required is fantastic, reaching IDR 56.2 trillion. However, it seems that the plan to build the longest toll road in Indonesia will be postponed in installments due to the length of construction being cut. In 2025, the government will focus on auctioning toll roads with a length of 108 km with a budget of IDR 37.64 trillion. This is done to attract investors so that development can be carried out in stages in Ciamis. Sukabumi-Cianjur-Padalarang Toll Road This canal toll road is planned to be built over a period of five years, from 2024 to 2029. The construction will be carried out in two stages, namely 21-24 kilometers for Sukabumi-Ciranjang and 24 kilometers for Ciranjang-Padalarang. The presence of this toll road makes it easier for visitors and tourists to access Cianjur. Considering that the Cianjur area has vast natural potential, it attracts many tourists during weekends and long holidays. Overcoming traffic jams so that drivers no longer need to pass through the Puncak area which is usually very congested. Bandung Inner City Toll Road Having a design target of 2025, the construction of the Bandung Inner City Toll Road is planned for 2026. The construction of this toll road will involve congested roads so that the route can be smoother in terms of transportation. Called the Bandung Intra Urban Toll Road (BIUTR), the construction route starts from Jalan Pasteur - Jalan Pasupati - Gasibu with two alternatives, namely alternative 1 to Cicaheum and alternative 2 to Jalan Supratman - Antapani. The existence of this toll road can reduce the level of congestion that usually occurs in the middle of Bandung City. Apart from that, it is also a link between the North and South areas of Bandung City. This is information regarding 3 toll roads in West Java which are development priorities in West Java, one of which has an investment value of IDR 56.2 trillion.*** (SOURCE)

Nov, 18 2024

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