News - West Java Recorded Investment of IDR 63.66 in January-June 2024, Most of It Goes to Bekasi, Bogor, and Bandung

West Java Recorded Investment of IDR 63.66 in January-June 2024, Most of It Goes to Bekasi, Bogor, and Bandung

Aug, 13 2024

West Java Province again achieved the top position in Indonesia in investment realization in the second quarter of 2024. The total investment value of foreign investment (PMA) and domestic investment (PMDN) in West Java reached Rp 63.66 trillion.

According to the Head of West Java DPMPTSP, Nining Yuliastiani, the total investment of Rp63,669,605,226,118 has created jobs for 99,687 people.

"The figure comes from 38,110 LKPM projects during the second quarter of 2024," she said in Bandung, Monday (12/8/2024).

There were five regions in West Java that became the largest labor absorbers in the second quarter of 2024, or the April-June 2024 period. Bekasi Regency took the lead with 15,622 workers, followed by Bogor Regency with 10,967 workers.

"Then there is Bandung Regency with 9,397 workers absorbed, Subang with 8,515 people, and Bekasi City with 7,602 people," Nining added.

Nining also reported that PMA and PMDN investment realization in the second quarter of 2024 reached Rp63,669,605,226,118, an increase of Rp10,004,755,846,196 or 18.64 percent from the same period in 2023 which amounted to Rp53,664,849,379,99.

Meanwhile, the number of labor absorption in 2024 increased by 104.36%, or increased by 50,908 people compared to the same period in 2023 which recorded 48,779 people.

In terms of sectors that absorb the most labor, Nining explained that there are five leading sectors. The first is the manufacturing industry sector which absorbs 61,976 workers, followed by the wholesale, retail and repair trade sector with 14,488 workers.

"Furthermore, the health services and social activities sector managed to absorb 6,102 workers, the company services sector absorbed 3,942 people, and the provision of accommodation and eating and drinking sectors absorbed 3,135 workers," he concluded.

Previously, in a press conference on Investment Realization for the Second Quarter of 2024, Minister of Investment/Head of BKPM, Bahlil Lahadalia, revealed the top five regions in the realization of FDI investment in the second quarter of 2024, with West Java ranked first at USD2.5 billion (17.5 percent), followed by Central Sulawesi at USD2.1 billion (14.6 percent), DKI Jakarta at USD1.8 billion (12.9 percent), North Maluku at USD1.7 billion (12.4 percent), and Banten at USD1.3 billion (9.3 percent).

As for PMDN, DKI Jakarta ranked first with a value of IDR33.1 trillion (16.1 percent), followed by West Java with IDR25.6 trillion (12.1 percent), East Java with IDR25.1 trillion (10.3 percent), and West Nusa Tenggara with IDR25.2 trillion (7.2 percent). Bahlil also stated that there are five major countries investing in Indonesia.

SOURCE

West Java DPMPTSP Launches Provincial Integrated Service Center

Bisnis.com, BANDUNG -- The West Java Investment and One-Stop Integrated Services Service (DPMPTSP) launched an Integrated Public Service Center (P3T) to make it easier for MSMEs to process permits. The program was launched involving related agencies in West Java, such as the West Java Regional Office of the Ministry of Law and Human Rights, the West Java Regional Office of the Ministry of Religion, BPOM, and the National Standardization Agency. "Our idea is to create integrated public services and involve vertical agencies which so far have not been captured by districts, cities and other regions," said Head of the West Java Provincial Government's PMPTSP Service, Nining Yulistiani, at the Mason Pine Hotel, West Bandung Regency, Tuesday (13/2/ 2024). For MSME players, certification is important because it can make product quality more trusted by consumers. Through P3T, public services to obtain certification are easier and cut costs. "The public has seen that the old certification service is difficult and has high costs. That stigma will disappear with the existence of this public service," he said. In the future, it is possible that this program will be adopted in 27 other cities and districts in West Java so that it will be easier for people to process permits. This year, it is targeted that more MSME products will be certified so that they are more trustworthy and easier to market. "Last year's integrated service received a response of 1,200 applicants a day who wanted to access it. This is exactly the same as the four institutions involved. From there we can see the real community because they don't know so they don't make the effort," he said. His party will also hold an on-the-spot program in city districts to get closer to the community to provide services. "We will also launch mass integrated services in June and at the end of the year," he continued. At the same location, the Head of the West Java Regional Office of the Ministry of Law and Human Rights, Andika Dwi Prasetya, appreciated the P3T program which had just been launched. Through this program, it will be easier for his party to reach and provide services to the community. "We get access to more closely serve the community for our institutional needs, especially in intellectual property interests," he said. For your information, there are a number of services provided by the West Java Regional Office of the Ministry of Law and Human Rights, namely copyright, patent rights, brand rights, and communal intellectual property. So far, copyright is the sector most frequently submitted by the public. "Now, for halal licensing and national standards, it is mandatory to first register the brand. With this one integrated service point, it will be easier for the public," he said. BPOM itself ensures that the existence of P3T can encourage business actors to take care of permits related to the suitability of food or cosmetic products. Interest in applying for permits will certainly be higher once the P3T service is available. Data on applications for the licensing process at BBPOM POM Bandung in 2023 will reach 363. (SOURCE)

Feb, 22 2024

Bey Machmudin Invites Architects to Create Environmentally Friendly Designs for Sustainable Development

POJOKSATU.id, Bandung City - Acting Governor of West Java, Bey Machmudin, called on all architects to create environmentally friendly building designs to support sustainable development in West Java. In his speech at the Awarding Night of the Indonesian Architects Association (IAI) Jabar Award, at Savoy Homan Hotel, Bandung City, Saturday (27/7/2024), Bey Machmudin emphasized the importance of applying safe construction technology, using environmentally friendly building materials, and utilizing renewable energy such as solar power. “I hope that architects in West Java continue to develop themselves, broaden their horizons and adopt the latest technology in every work produced,” he said. Bey also invited stakeholders to continue to work together in creating an environment that supports the development of architecture in West Java. “The West Java Provincial Government is committed to supporting every initiative that aims to improve the quality of development and people's lives,” he said. He also appreciated the architects who have contributed their works to the development of West Java. He said architecture has an important role in shaping the face and identity of a region. “Good architecture not only reflects beauty and aesthetics but must also be able to answer the challenges of the times, be environmentally friendly and sustainable,” he said. In recent years, Bey said he has seen many architectural works that have had a positive impact on the people of West Java. Both in terms of economy, social and culture. “I am very proud to see the development and innovation that has been done by architects in West Java. This is proof that our architects are able to answer the challenges and needs of society,” he said. Through this award, Bey hopes to motivate architects to continue working and contributing their best for the progress of West Java. “To all the architects present, I thank you for your dedication and hard work in building a better West Java,” he said. “Let us make this a momentum to continue to innovate and collaborate for mutual progress,” Bey concluded. SOURCE

Jul, 29 2024

Investment Disbursement to Indonesia until June 2024 Reaches IDR 6,931 Trillion

JAKARTA - Investment achievements in Indonesia are said to have reached IDR 6,931 trillion by June 2024. Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani explained that this figure was achieved during the Advanced Indonesia Cabinet period or the second period of the Jokowi administration. In the 2024 Investment Service Award event with the theme One Stop Integrated Service Performance and Accelerated Business Implementation Performance which was held on Monday (30/9/2024), Minister Rosan projected that the value of investment in Indonesia would continue to increase. According to him, the achievement of this investment realization shows that the policies issued by the government were responded to positively by investors, and what is even more interesting is that during this period the investment invested was spread not only on the island of Java, in fact it was mostly outside Java. "This is an increase of approximately 18% every year. And this is an increase in investment of 90.2% compared to 5 years ago," said Minister Rosan. "We know that we have to continue to make improvements, reform policies, policies and regulations in order to improve our investment climate. Moreover, with the Ciptaker Law which has provided cover, we have become more open," he added. It was further stated that apart from the large investment value, the Ministry of Investment/BKPM also recorded a workforce absorption of up to 7,188,479 people or an average of 1,437,695 people per year. On the other hand, the risk-based business permits that we have issued from 4 August 2021 - 27 September 2024 contain 10,382,846 Business Identification Numbers (NIB). "We issue the NIB through an online single submission system. This also shows that business licensing is easier and provides certainty, and the majority of permits we give are to SMEs," explained Minister Rosan. Rosan also emphasized to all relevant parties related to investment licensing to be more synergistic in providing certainty to the business world in order to create a good investment climate in Indonesia. He also hopes that all parties can improve investment services more than before. "We need to increase investment competitiveness, improve regulations, improve services, and accelerate business licensing in accordance with authority at both the central and regional levels. So we ask for cooperation, synergy, from all related parties related to investment licensing," he concluded. (SOURCE)

Oct, 01 2024

Bandung's Tourism Rebounds, Farhan Optimistic Economic Growth Will Surpass 5%

Bisnis.com, BANDUNG— Bandung Mayor Muhammad Farhan is optimistic that the city's Economic Growth Rate (LPE) can stabilize above 5%, referring to several macro indicators. One factor that strengthens Farhan's optimism is the performance of the tourism sector, which is considered to be improving. Previously, Farhan acknowledged that Bandung's tourism sector faced two major blows throughout the previous year. These impacts included budget efficiency policies at the beginning of the year and a drastic decline in visits during the Ramadan and Eid al-Fitr periods. Furthermore, security disturbances at the end of August also negatively impacted tourism performance, particularly in September. Nevertheless, Farhan emphasized that his office has seen a recovery trend in the past three months. This indication of recovery is reinforced by increased economic activity, occupancy rates, and the presence of various events in Bandung. Although official tourist visit data is still being finalized, this positive trend is already reflected in macroeconomic performance. Bandung's economic growth rate was recorded at 4.99% in the first quarter, then increased to 5.43% in the second quarter. This figure then stabilized at 5.26% in the third quarter, demonstrating the resilience of the local economy. Farhan stated that this positive achievement must be maintained to strengthen the city's economic foundation. "This serves as initial capital, a kind of springboard, to drive stronger economic growth going forward," he said at Bandung City Hall. Therefore, his office will continue to strengthen leading sectors as the main drivers of the economy. These include tourism, culture, sports, and creative events, which are the main priorities for driving this growth. [SOURCE]

Jan, 08 2026

Governor Dedi Mulyadi Will Sign the 2026 West Java Minimum Wage Today, December 24th

BANDUNG – West Java Governor Dedi Mulyadi revealed that the provincial minimum wage (UMP) and district/city minimum wages (UMK) are currently being discussed in depth by the wage council, which comprises various stakeholders, and will be signed by him on December 24, 2025. Dedi confirmed that the West Java Provincial Manpower and Transmigration Office (Disnakertrans) is still negotiating with workers and employers, including experts, regarding the UMP, MSMEs, and sectoral wages, as the 2026 wages are due to be announced tomorrow. "I'll sign it on the 24th, but we're still finalizing it today," Dedi said in Bandung, Tuesday (23/12). It was reported that the West Java Provincial Wage Council held a plenary meeting regarding the increase in the UMP and Provincial Sectoral Minimum Wage (UMSP) in 2026 at Gedung Sate, Bandung City, on Friday (19/12). Proposals from labor unions and employers, through the Indonesian Employers' Association (Apindo), were submitted and accepted. In their proposal, the labor unions requested that the average City/Regency Minimum Wage (UMK) for 2025 be set at IDR 3,589,619. However, they highlighted significant disparities between regions, such as Banjar City, which only achieved IDR 2,204,754, while Bekasi City reached IDR 5,690,753. The latest regulation, Government Regulation (PP) Number 49 of 2025 concerning Wages, is deemed incapable of addressing the disparity. This is because the calculation formula used is annual inflation (year-on-year/YoY) in September 2025 of 2.19 percent. Furthermore, the economic growth rate (EQ) of 5.11 percent multiplied by a specific index, alpha 0.5-0.9, is not sufficient to address the disparity. For example, Banjar City, even if the 2026 UMK were set using the maximum alpha of 0.9, it would not be able to catch up with Bekasi City. Therefore, the union requested that the disparity be resolved and that Constitutional Court (MK) Decision No. 168/PUU-XXI/2023 be used as a reference. Furthermore, the results of the International Labor Organization (ILO) study were used as a consideration for the decent living requirements (KHL) in West Java. Therefore, the workers requested that the 2026 Provincial Minimum Wage (UMP) be set at Rp3,833,318. Meanwhile, for the 2026 Provincial Minimum Wage (UMSP), the union requested that it be set at Rp3,870,004. Apindo (Indonesian Employment Agency) believes that determining the alpha value should not only consider the workforce's contribution to economic growth. Because the workforce exists because of companies, employers' contributions must also be taken into account. To achieve balance, they requested that West Java Governor Dedi Mulyadi use an alpha value of 0.5 in determining the 2026 UMP, which would result in a 4.745 percent increase. They also did not propose the UMSP, because they assumed that there was no mandate from business actors in the West Java sector to submit or propose the 2026 UMSP. Apindo requested that the determination of the 2026 UMP not only consider the suitability for workers, but also the payment ability of employers. [SOURCE]

Dec, 30 2025

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