News - West Java Partners with Selangor to Boost Investment and Strategic Industries

West Java Partners with Selangor to Boost Investment and Strategic Industries

Jul, 08 2026

The West Java Provincial Government is strengthening its economic ties with the Government of the State of Selangor, Malaysia, through a trade and investment conference to be held at Pullman Bandung Hotel on July 9–10, 2026.

Head of the West Java Investment and One-Stop Integrated Services Agency (DPMPTSP), Dedi Taufik, said the forum would serve as a gateway to establishing a long-term economic partnership between two regions that are both recognized as major industrial hubs in their respective countries.

The conference will open on the first day with remarks from West Java Governor Dedi Mulyadi and Bandung Mayor Muhammad Farhan.

The program will continue with presentations from both delegations. The West Java Provincial Government will outline its infrastructure development plans, while the Selangor Government will present the latest developments in its industrial sector.

The forum will also feature a panel discussion exploring opportunities for collaboration in supply chains, business development, and financial services between Indonesia and Malaysia.

The second day of the conference will focus on direct investment exploration. The Selangor delegation is scheduled to visit several industrial estates across West Java to assess potential partnerships in the aerospace, railway, creative industry, energy, property, and technology sectors.

"This conference aims to promote industrial investment while fostering a long-term partnership between two major economic powerhouses—Selangor and West Java," Dedi said on Sunday, July 5, 2026.

The meeting will also facilitate institutional partnerships between organizations from both countries.

Several memoranda of collaboration are expected to be established, including partnerships between Universiti Selangor and the Bandung Institute of Technology (ITB), Tourism Selangor and Batik Air, Tourism Selangor and the Association of the Indonesian Tours and Travel Agencies (ASITA), as well as Wanita Berdaya Selangor and Indonesia's National Development Planning Agency (Bappenas).

According to Dedi, the initiative also involves the West Java Chamber of Commerce and Industry (Kadin West Java) and Invest Selangor Berhad, the investment promotion agency owned by the Selangor Government.

Throughout the conference, approximately 30 exhibitors from Selangor's healthcare and education sectors will showcase their services and explore potential partnerships. Participating institutions include Ampang Putri Specialist Hospital, MSU Medical Centre, Kajang Plaza Medical Centre, Universiti Selangor, Universiti Tenaga Nasional, and Universiti Islam Selangor.

The Bandung conference marks the beginning rather than the conclusion of the partnership initiative.

Both the West Java and Selangor governments plan to continue discussions at the Selangor International Business Summit (SIBS) 2026, which is scheduled to take place at the Kuala Lumpur Convention Centre from October 14–17, 2026.

[SOURCE]

West Java Ministry of Law and Human Rights Socializes Golden Visa, Opens Wider Investment Opportunities in Bekasi

TIMES JABAR, BEKASI – West Java Regional Office of the Ministry of Law and Human Rights (Kemenkumham Jabar) held an outreach on the Golden Visa program in Bekasi. This event is a follow-up to the launch of the Golden Visa program by Indonesian President Jokowi some time ago. The aim is to introduce and facilitate foreign investors and foreign workers (TKA) in taking advantage of investment and work opportunities in Indonesia. Head of West Java Regional Office of the Ministry of Law and Human Rights, Masjuno, in his speech said that the Golden Visa program was a very important breakthrough for Indonesia. "The Golden Visa will not only encourage economic growth, but also open up opportunities to improve other social aspects," he said on Friday 11 October 2024. Bekasi as Main Target Masjuno explained that the choice of Bekasi City as the location for the first socialization in West Java was not without reason. Because with many multinational companies operating in the Bekasi industrial area, the Golden Visa program is considered very relevant to attract more foreign investment. "We hope that with this socialization, more and more foreign investors will be interested in investing their capital in Bekasi and its surroundings," said Masjuno. What is a Golden Visa? The Golden Visa is a type of long-term visa that provides various conveniences for foreign citizens (WNA) who want to invest or work in Indonesia. Some of the benefits offered include: 1. Longer stay: Golden Visa holders can stay longer in Indonesia. 2. Service priority: Golden Visa holders will get priority in various services, such as inspections at Immigration Checkpoints (TPI) and services at other government agencies. 3. Ease of investing: This program is designed to facilitate foreign investors in investing their capital in Indonesia. Furthermore, said Masjuno, this golden visa program is a strategic step by the government to attract foreign investment and accelerate economic growth with the various conveniences offered. "This program is expected to attract the interest of global investors to invest in Indonesia," he said. In this socialization event, participants consisting of representatives of companies using foreign workers and foreign investors received an in-depth explanation regarding the mechanism for applying for a Golden Visa, the requirements that must be met, as well as the various benefits that can be obtained. Head of the Golden Visa Team of the Directorate General of Immigration, Wahyu Wibowo, gave an explanation regarding the technical implementation of the Golden Visa. Meanwhile, Bank Mandiri's Wealth Specialist Advisor, Riska Lavinia, also provided information regarding banking support in supporting this program. (SOURCE)

Oct, 17 2024

Job Creation Becomes Priority of New Government

Borneonews - Jakarta, Member of the People's Representative Council of the Republic of Indonesia, Habib Idrus Salim Al Jufri, underlined the importance of job creation as the main focus for the new government which will be led by Prabowo and Gibran. He suggested that the government integrate this program in their agenda for the period 2024 to 2029. Habib believes that job creation is very crucial, especially in the context of the high number of layoffs (PHK) and the decline in people's purchasing power that has been seen, marked by deflation that has occurred over the last five months. According to him, the current economic conditions are far from expectations. He noted that the phenomenon of increasing layoffs must be handled seriously. "Job creation is the best solution to reduce unemployment and increase people's income," he said. Based on data from the Ministry of Manpower, during the period January to November 2023; as many as 57,923 people were reported to have experienced layoffs. Most of these layoffs occurred in the Central Java region, followed by DKI Jakarta and Banten Province. In DKI Jakarta, the service sector such as restaurants and cafes experienced the most layoffs, while in Central Java, the sectors most affected were manufacturing, textiles, garments and footwear. In addition, in the period January to August 2024, the number of workers affected by layoffs reached 46,240 people. In response to this, Habib is committed to fighting for the provision of employment opportunities as one of his work programs as a people's representative. "I want to open up as many job opportunities as possible for the community. As a first step, we will focus on my electoral district, Banten III (Greater Tangerang)," he stressed. Furthermore, Habib also called on the new government to pay more attention to Micro, Small and Medium Enterprises (MSMEs), which are considered to have a major contribution to the national economy. He explained that MSMEs absorb around 97 percent of Indonesia's total workforce. In addition, MSMEs account for around 60.4 percent of total investment and contribute 61 percent to Indonesia's Gross Domestic Income (GDP). "Therefore, it is very important to prioritize MSMEs in every future economic policy and program," concluded Habib. (SOURCE)

Oct, 10 2024

West Java Targets 6% Economic Growth by 2026

BANDUNG, investor.id – The West Java Provincial Government is targeting economic growth of 5.5% to 6% by 2026. This optimistic target is driven by massive development activities, particularly infrastructure, which will have a significant impact on increasing labor absorption and industrial production capacity. The Regional Secretary (Sekda) of West Java Province, Herman Suryatman, explained that West Java's current economic growth rate is already above the national average of 5.2%. Herman is confident this positive trend will continue next year. "Next year, we are optimistic that we can reach 5.5% to 6%," Herman said in Bandung, Tuesday (December 9, 2025), as quoted by Antara. Referring to Statistics Indonesia (BPS) data, West Java's economy, based on Gross Regional Domestic Product (GRDP) at current prices in the third quarter of 2025, reached IDR 759.80 trillion and at constant 2010 prices reached IDR 461.90 trillion. West Java's economy grew 5.20% year-on-year (yoy) in the third quarter of 2025. From the production side, the Corporate Services Sector experienced the highest growth at 16.37%. From the expenditure side, the Gross Fixed Capital Formation (PMTB), or investment, experienced the highest growth at 5.27%. According to Herman, achieving the 2026 target requires solidity across all sectors and strong leadership to accelerate development in West Java. In addition to infrastructure and increased investment, West Java's economy will also be supported by strengthening industrial production activities. Herman added that the West Java Provincial Government's revenue realization has currently reached 85% to 90% of the target, and he is confident that this figure can reach above 95% by the end of 2025. West Java's economic optimism is also supported by its solid foreign trade performance. Herman stated that West Java's foreign trade surplus remains strong, as evidenced by the high value of exports. West Java's export performance from January to October 2025 reached US$32.25 billion, representing a 2.31% year-on-year increase. Meanwhile, imports reached US$9.98 billion, a 7.66% year-on-year decrease. Thus, West Java's foreign trade balance recorded a surplus of US$22.27 billion from January to October 2025, and a volume surplus of 3.47 million tons. West Java recorded the largest trade surpluses with the United States, the Philippines, Thailand, and Vietnam. [SOURCE]

Dec, 24 2025

Karawang Predicted to Remain Investment Favorite This Year

jabar.jpnn.com, KARAWANG - The Karawang Regency Investment and One-Stop Integrated Service Office (DPMPTSP) said that Karawang will remain an area targeted by investors to invest in Karawang in 2025. Head of Economic Services at DPMPTSP Karawang, Didin Bihlaludin, said that investment realization from January to December 2024 was quite good, reaching IDR 68.5 trillion or 160 percent of the target set by the central government of IDR 42.7 trillion. If we look at the achievements last year, he said, then the investment achievements in Karawang this year will certainly remain high, even potentially exceeding the investment achievements in 2024. Karawang, he said, will remain one of the areas in West Java targeted by investors to invest their investments. "The infrastructure in Karawang is very supportive. Many national strategic projects are being built in Karawang, such as the high-speed train station, the Jakarta-Cikampek Toll Road, the Jakarta-Cikampek II Toll Road, and others," he said. Meanwhile, according to the records of the Karawang Investment and One-Stop Integrated Service Office, the realization of investment entering the Karawang area in January-December 2024 reached IDR 68.5 trillion. This achievement is the realization of foreign investment and domestic investment, with details of IDR 1072 trillion in domestic investment and foreign investment of IDR 58.5 trillion. Didin said, with the investment achievement reaching IDR 68.5 trillion, in 2024, Karawang will be ranked second in the region with the highest investment in West Java. The region in first place with the highest investment in West Java is Bekasi Regency with a realization reaching IDR 71.8 trillion. Then in third place is Bogor Regency with an investment realization of IDR 22.9 trillion. (antara/jpnn) [SOURCE]

Mar, 17 2025

West Java Provincial Government is Looking for Investments That Can Have a Direct Impact on Reducing Unemployment and Poverty

PRFMNEWS - The West Java Provincial Government (Pemprov Jabar) has stated its commitment to continue looking for investments that can have a direct impact on reducing unemployment and poverty. West Java Regional Secretary, Herman Suryatman stated that investment in West Java must be inclusive. This means that it has a direct impact on society, especially to overcome the problems of unemployment and poverty. Herman explained that currently West Java is the province with the highest investment in Indonesia, reaching IDR 210.6 trillion. This figure is the investment realization in 2023 last year. "Of course we hope that we will continue to maintain this investment, especially not exclusive, but inclusive investment, which has a direct impact on reducing unemployment and poverty," he explained at the Coordination Meeting for the Preparation of the 2024 Strategic Investment Downstream Study in West Java Province, which was held in Bandung City , Thursday 4 July 2024. Herman continued, one of the West Java Provincial Government's strategic steps to make this happen is by downstreaming existing investments in West Java. "One of the strategies in this investment is to carry out downstream strategic investments, one of which is in the oil and gas sector," he said. Herman added, the investment downstream strategy has been implemented long ago by the central government, and the West Java Provincial Government itself will follow these steps and is committed to becoming the leading province in carrying out downstreaming. "The end is how the people of West Java prosper. Because investment is really only a target, the main target is making our country strong, making West Java strong, advanced, branched, which is marked by a prosperous society," he concluded. (SOURCE)

Jul, 08 2024

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