News - West Java Provincial Government Targets 1 Million MSMEs to Have NIB by the End of 2024

West Java Provincial Government Targets 1 Million MSMEs to Have NIB by the End of 2024

Jun, 14 2024

Bisnis.com, BANDUNG - The head of the West Java Investment and One-Stop Integrated Service (DPMPTSP) and the heads of DPMPTSP 27 regencies and cities in West Java signed an Integrity Pact to help develop small and medium enterprises (SMEs), micro, and supermicro businesses.

One part of the development included in the integrity pact is to facilitate the issuance of business identification numbers (NIB).

With an easier NIB, small businesses can access legal funding through banks and cooperatives.

"To reduce poverty and reduce unemployment, one of the most strategic and important sectors is small, micro, and even supermicro businesses so that their businesses are vibrant and can advance in class," said West Java Regional Secretary Herman Suryatman as quoted on Thursday (13/6/2024).

According to him, the government's job is to create the atmosphere and create an ecosystem.

"One of them is that we will support the legalization of businesses from SMEs, especially micro and supermicro ones. Yes, one of them is the Business Identification Number, or a business license for these low-risk ones," Herman added.

Herman said, the realization of NIB issuance for SMEs in West Java until 2023 reached 1.4 million NIBs. Herman targets 2024 to issue 1 million NIBs, so that it can reach the end of 2024 to 2.4 million NIBs.

"God willing, next year we will beat back 1.6 million so that we target 2025 all micro and supermicro small businesses have received legalization of business licenses," he added.

According to him, the legality of MSME businesses will have a tremendous impact. "Because those who are micro, supermicro, they will be bankable later, they will start accessing formal financing funding, they will go to banks, to cooperatives, to Islamic banks, of course in West Java there are in all districts / cities," he added.

The ease of access to legal financing, said Herman, is a solution so that small business actors are no longer trapped in illegal online loans, let alone emok banks or loan sharks.

Herman emphasized that Pemdaprov Jabar together with regency and city governments will work together to facilitate the issuance of 1 million NIBs in 2024 to increase capacity, business quality, for SMEs, micro and supermicro businesses.

As support, Pemdaprov Jabar is currently designing a credit scheme that is very cheap and easily accessible.

"So that after the NIB, we facilitate the next financing scheme, we provide easy and cheap access, then the training will be designed in such a way with BLK (Job Training Center), of course with the central government working together," said the West Java Regional Secretary.

West Java DPMPTSP Nining Yuliastiani stated that she is ready to support DPMPTSP in 27 regencies and cities to be able to promote the issuance of this NIB.

"We will provide maximum support so that they can issue NIBs for SMEs," said Nining.

(SOURCE)

West Java Investment Exploration: West Java DPMPTSP Continues to Encourage Investment Equality

Bisnis.com, BANDUNG — Even though the areas that are the destination for investment realization in West Java are still controlled by the Bodebekarpur and Greater Bandung areas, in the last three years the distribution of investment has begun to be evenly distributed throughout West Java. Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, said that his party does not want investment to only focus on the Karawang and Bekasi areas which already have established industrial areas. "Investment is not evenly distributed, we have paid attention to it, because we don't want only Karawang, Bekasi to progress and not the others," he said, Monday (9/9/2024). One thing that lifts the veil on investment equality is Presidential Decree 87/2021 concerning the Rebana Region and Southern West Java. After the regulation appeared, investment realization, especially in the Rebana area, increased. "It feels like the investment has doubled, now Subang has reached IDR 3 trillion in the middle of the year. "Indeed, there is a strong correlation between the central and regional governments to support equitable investment with the availability of necessary infrastructure in the region," he said. Meanwhile, for the southern part of West Java, the regulation encourages regions in the region to start offering strong investment potential to investors. "We offer it, then make it attractive, we inform investors," he said. South West Java itself has enormous MSME potential. Nining pointed to Tasikmalaya which has great potential to be developed. "How do they become aware of their business so that it develops with access to financing, we coordinate with several cross-sectors and vertical agencies, so that South West Java begins to be looked at for investment," he said. One of the things that will be offered from South West Java is agricultural potential at the West Java Investment Summit (WJIS) 2024, 19 September. (SOURCE)

Sep, 11 2024

BI: Ciayumajakuning investment target achieved 85.2 percent

Cirebon (ANTARA) - The Representative Office of Bank Indonesia (BI) Cirebon, West Java, recorded that investment achievements in its region which includes Cirebon, Indramayu, Majalengka and Kuningan (Ciayumajakuning) have been realized up to 85.2 percent of the target of IDR 10.78 trillion in 2023. "Ciayumajakuning's investment target in 2023 is IDR 10.78 trillion and 85.2 percent of the realization target has been achieved," said Head of KPw BI Cirebon Hestu Wibowo when met in Cirebon, Thursday. Hestu said that the percentage of investment realization was sourced from data from the Ciayumajakuning One Stop Investment and Integrated Services Service (DPMPTSP), which was collected up to the third quarter of 2023. Based on this data, he said, investment in Ciayumajakuning grew consistently and contributed 5.74 percent to the existing capital investment target in West Java. "West Java is the province with the largest level of investment nationally, Ciayumajakuning contributed 5.74 percent. "I think this is a positive contribution," he said. Hestu revealed that if detailed from the data, the share of domestic investment (PMDN) in Ciayumajakuning showed quite good performance with the most dominant investment sector being in the mining sector at around 45.91 percent. Then, the food crops and plantations sector in Ciayumajakuning ranks second as an investment sector that is quite popular with PMDN with a figure of 17.68 percent. In next place, said Hestu, PMDN in Ciayumajakuning also invested in the non-metallic mineral industry at around 12.51 percent, trade and repairs at 8.53 percent and other sectors at 15.37 percent. "We at Ciayumajakuning always coordinate with the regional government on how to make it easier for investors to invest," he said. Still referring to similar data, Hestu said that the share of foreign investment (PMA) in Ciayumajakuning was dominated by investment activities in the basic chemical industry, chemical goods and pharmaceuticals with a figure of 61.98 percent. Meanwhile, for the remainder, PMA in Ciayumajakuning invested around 13.85 percent in the food crops and plantation sector, mining at 11.19 percent, the food industry at 3.46 percent and other fields around 9.51 percent. He emphasized that in order for the rate of investment in Ciayumajakuning to grow consistently, there needs to be policies to make it easier for investors to invest, for example with licensing efficiency. Hestu assesses that all supporting facilities to grow the investor sector in Ciayumajakuning are well available, so that the realization of capital investment will be achieved by the end of 2023. "The rate of investment in Ciayumajakuning will continue to grow positively until the end of 2023," he said. (SOURCE)

Jan, 11 2024

Treasury Plants 266 Jackfruit Trees in Barengkok Village, Bogor

This activity continues the Green Gold program initiative launched in April 2024 which aims to provide benefits to the environment and economic benefits to local farmers. The hundreds of jackfruit trees were collected thanks to the contributions of more than 5,000 digital gold investors during Buy Gold transactions on Treasury Apps. "The tree planting activity is Treasury's commitment as an environmentally sound digital gold investment platform," said Treasury CEO Andreas Santoso. Moreover, he added, this activity aims to promote sustainable and environmentally friendly digital gold investment to gold investors in Indonesia. "With the active participation of digital gold investors, we believe the Green Gold program can absorb more than 191 tons of carbon emissions in the next eight years," Andreas said in a press statement received by the editor, Thursday (1/8), in Jakarta. Another surprising aspect of the Green Gold program is the number of young investors taking part to support the initiative, with an average age of 28. Reflecting that Indonesia's younger generation has a high concern for environmental sustainability. According to Sudono Salim, Chief Growth Officer of Jejakin, Bogor was chosen as the planting area based on the topography and climate in the Bogor area which can support the growth of jackfruit trees optimally so that it is expected to provide economic benefits to the surrounding farmers. In addition, jackfruit trees have the ability to absorb more carbon than mangrove trees. Jackfruit trees also have many properties. Its leaves have antimicrobial activity that is useful as traditional medicine for anti-inflammatory, antioxidant, antidiabetes mellitus, antimelenogenesis, and anti-cancer. Jackfruit leaves can also be extracted into herbal medicine as a breast milk facilitator. Jackfruit is effective in increasing white blood cells to strengthen the immune system. Jackfruit seeds are high in carbohydrates, potassium, protein, calories, and phosphorus, and can be consumed by frying, boiling, or making chips. The trunk is hard, durable, and resistant to termite or fungal attack. It is often used to make household furniture, construction materials, and musical instruments. Andreas admitted that he will continue to promote sustainable digital gold investment to expand its benefits for Indonesia, encouraging more investors to contribute to environmental conservation efforts. This first phase of tree planting is just the beginning of many other goodwill initiatives that Treasury will undertake in the future. "We hope that more Green Gold Investors will participate in this program so that we can contribute and support Indonesia's efforts to fight climate change," said Andreas. SOURCE

Aug, 02 2024

Three New Toll Road Projects Boost Access and the Economy in West Java

JAKARTA - West Java Province has begun preparations for the construction of three new toll road projects, among 19 Public-Private Partnership (PPP) projects slated for tender in 2026. These projects include the Bandung Intra-Urban Toll Road (BIUTR), the Gedebage–Tasikmalaya–Cilacap (Getaci) Toll Road, and the Patimban Access Toll Road. The Head of the West Java Regional Development Planning Agency (Bappeda), Dedi Mulyadi, emphasized the crucial role of the provincial government, along with the regencies/cities, in ensuring the success of this strategic infrastructure program. Full support is needed, from site determination and land acquisition to the preparation of connecting road connectivity. "First, the location determination. So, because this project is within West Java, the location determination for land acquisition is the responsibility of the West Java Provincial Government," said Dedi. Role of Regional Government Dedi explained that the toll road project locations had actually been determined several years ago. However, a re-evaluation was conducted to ensure compliance with the previous governor's decree and to ensure any adjustments were needed. In addition, the provincial government is also tasked with conducting outreach, public consultations, and collecting data on the land to be acquired. All these stages are expected to run smoothly to avoid delays in the construction schedule. "The process of public consultation, outreach, and data collection of land to be acquired for this project are the secondary roles of the provincial government," he said. BIUTR: An Ambitious Project in the Bandung Basin The Bandung Intra-Urban Toll Road (BIUTR) project is one of the most ambitious projects in the world, with an investment of approximately IDR 10 trillion. Currently, the project is in the route study and feasibility study phase, which has been underway since early 2025 with consultants from Bappenas. "The process of completing the route selection study and feasibility study was completed in the first quarter of 2025 with consultants from Bappenas," explained Dedi. The land acquisition plan is scheduled for 2027–2029, with construction beginning in 2028–2029. "This means the BIUTR will be operational by 2029, as this is quite a long process," he emphasized. Getaci: The First Southern Toll Road The Gedebage–Tasikmalaya–Cilacap (Getaci) toll road will be the first toll road spanning the southern region of West Java and Java Island. The tender process was held in 2020, but it was only re-listed as a PPP (public-private partnership) in 2026. "Interest is still quite high, as this is the first southern toll road," said Dedi. Getaci is 206 kilometers long and will be built in four sections: Gedebage–North Garut, North Garut–Tasikmalaya, Tasikmalaya–Patimuan, and Patimuan–Cilacap. Investment for this project is estimated at IDR 37.4 trillion. The first phase of land acquisition will take place in 2021–2022, with the second phase scheduled for 2026–2027. Construction is targeted for completion in 2029, with the project expected to be operational by July 2029. Patimban Access Toll Road: Progress Nearing Completion Unlike the two previous projects, construction of the Patimban Access Toll Road has shown significant progress. Of the five work packages, four have reached 80 percent completion. The final package will begin next year. "The total length is 37.7 km, and land acquisition is still underway. The investment is approximately IDR 8.9 trillion," said Dedi. Around IDR 3.8 trillion has been allocated for land acquisition and construction. Once completed, this toll road will connect the Cipali Toll Road with Patimban Port, thereby accelerating logistics flows. Boosting the Economy and Investment Dedi emphasized that the construction of these three toll road projects will not only expand the transportation network but also open up new economic growth opportunities in West Java. The Patimban area is expected to develop into an industrial center and a modern port, strengthening West Java's position as a national logistics gateway. "These are the areas we are promoting in accordance with spatial planning. We will optimize them when these national strategic projects are being developed or constructed," he said. The West Java Provincial Government is also preparing local labor to support development, both during construction and operational stages. Local raw materials such as sand, stone, and gravel are also prioritized from the West Java region so that the economic benefits directly benefit the community. "At least six of these will then become the Provincial Government's role in supporting the development of national strategic projects, both in the Bandung Basin and in Rebana," he concluded. Infrastructure Towards a Progressive West Java These three strategic toll road projects are expected to be the main drivers of West Java's economic growth in the next few years. Adequate infrastructure will open new access, accelerate logistics distribution, and increase regional competitiveness. With synergy between the central government, local governments, and the private sector, these projects are a crucial step in realizing more equitable connectivity on the island of Java. The public will also benefit from faster travel. [SOURCE]

Dec, 29 2025

Majalengka Expo 2026 Officially Opens, Deputy Regent Dena Encourages Investment and Strengthens MSMEs

PR JABAR – The Deputy Regent of Majalengka, Dena Muhammad Ramdhan, officially opened the 2026 Majalengka Expo, part of a series of events commemorating the 186th anniversary of Majalengka Regency (HJK). The event was held at the Majalengka Lawas Market on Tuesday (February 3, 2026). Deputy Regent Dena emphasized that the Majalengka Expo is not merely an annual ceremonial event, but rather a strategic opportunity to showcase the region's potential and attract investment from outside the region. "186 years is not just a number. It reflects Majalengka's journey towards becoming a 'Majalengka Langkung Sae' (a prosperous Majalengka). Through the 2026 Majalengka Expo, we want to encourage foreign investment and strengthen the regional economy," said Dena. He stated that one of the main focuses of this year's Majalengka Expo is strengthening the Micro, Small, and Medium Enterprises (MSMEs) sector as the backbone of the community's economy. The regional government, Dena said, is committed to defending and supporting MSMEs, especially in terms of facilitating licensing, promotion, and market access. "MSMEs must be defended. They shouldn't be made difficult, but rather encouraged to improve their standing and become more competitive," she emphasized. The 2026 Majalengka Expo showcases a variety of superior local products, from culinary delights and crafts to creative community innovations. In addition to promoting regional potential, this event is also expected to stimulate the economy and improve the welfare of the Majalengka community. In the spirit of its 186th anniversary, the Majalengka Regency Government is optimistic that the 2026 Majalengka Expo can serve as a showcase for regional progress and a gateway for investors to contribute to Majalengka's future development. [SOURCE]

Feb, 05 2026

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