Liputan6.com, Cirebon Cooperation between countries is one way to meet the needs of the country. President of the Indonesia Kuwait Business Council (IKBC) Hendra Hartono ensured that Cirebon has the potential to become Kuwait's investment center in West Java. Previously, Hendra was one of the guests of honor at the Kuwait National Day celebration in Jakarta some time ago. He said that the event was attended by a number of officials and important and influential business actors. "Diplomats, officials and business actors emphasized the commitment of the two countries to expand economic, cultural and investment collaboration," said Hendra Hartono to Liputan6.com, Monday (3/3/2025). He said that while attending Kuwait's national day, he continued to highlight the great potential for cooperation between Indonesia and Kuwait. Especially cooperation in the energy sector, halal industry and infrastructure. On that occasion, Hendra also emphasized the importance of synergy between business actors of the two countries. "Kuwait has capital and technology, while Indonesia is rich in human resources and a dynamic market. This is the perfect combination to create shared prosperity," said the man from Cirebon. According to Hendra, the Cirebon area is ready to become a hub or investment center for Kuwait in West Java. Especially investment for strategic projects and renewable energy in Indonesia. Partnership Scheme In fact, Hendra admitted that he had prepared a mutually beneficial partnership scheme. Including knowledge transfer and absorption of local workers. As a figure from Cirebon, Hendra Hartono actively promotes his city as a strategic investment destination. In a closed discussion with several ambassadors, he invited them to invest in the developing Cirebon. "This will be an export-import gateway for Kuwaiti products to Southeast Asia," he explained. It is known that Kuwait National Day in charge de affairs of the Kuwaiti Ambassador to Indonesia, H.E Faisal Fayez H Al Beghaili was also attended by 20 ambassadors of friendly countries, the event was filled with a series of symbolic agendas. Starting from the screening of Kuwait's history video, traditional dance performances, to the degustation of Middle Eastern specialties such as machboos and luqaimat. Sheikh Faisal Fayez in his speech expressed his appreciation for Indonesia's participation. "Our relationship with Indonesia is not only business, but also an exchange of humanitarian values," he said. (SOURCE)
Mar, 21 2025
Karawang, West Java (ANTARA) - Deputy Minister of Investment and Downstream Todotua Pasaribu said the presence of a catalyst factory in Cikampek, Karawang Regency, West Java, can encourage the independence of energy downstreaming. "So far, for catalyst needs, we import. Now with this factory we hope to be independent," said Todotua after the inauguration of the first production of two new catalysts from PT Katalis Sinergi Indonesia, Karawang, Wednesday. He said that with the catalyst factory, it is hoped that Indonesia will achieve independence and no longer depend on imports. The manufacture of catalysts as an energy supporter is in line with President Prabowo's Astacita in the environmentally friendly energy sector. Biofuels will be an option besides electric vehicles. "Catalysts are also materials related to downstreaming in the chemical, refinery and oil and gas industries. The raw materials are in our country, cobalt, nickel, zeolite, molybdenum, to zinc, all materials are in Indonesia and have extraordinary reserves," he said. A catalyst is a substance that can accelerate and direct chemical reactions when converting a raw material into another desired material. As in the manufacture of biofuels, catalysts function to accelerate reactions in the process of converting palm oil or castor oil into biofuels (BBN). Be it gasoline, biodiesel, even aviation fuel or avtur. This biofuel is projected to be widely used in the future. This is because fossil fuels will run out because they cannot be renewed. With catalysts, Indonesia is expected to be able to reduce the use of fossil fuels in everyday life. President Director of Katalis Sinergi Indonesia Hadiyanto said that his company was established on 2 hectares of land in the Kujang Cikampek Industrial Area and has been operating since two years ago. This factory is the result of a consortium, which includes PT Pertamina Lubricants (38 percent), PT Pupuk Indonesia through Pupuk Kujang (37 percent), and PT Rekacipta Inovasi ITB (25 percent). Currently, Katalis Sinergi Indonesia can produce hydrotreating catalysts as an important ingredient in the manufacture of biofuels that convert palm oil into diesel oil (D100). In addition, it can also make oleochemical catalysts for various industries. This factory has a production capacity of 800 tons per year. When it was established two years ago, there were seven types of catalysts produced, but currently Katalis Sinergi Indonesia can produce 13 types of catalyst products. The products are nine types of hydrotreating catalysts and four types of oleochemical catalysts. "With the support of ITB, Pertamina, and Pupuk Kujang, we will continue to strive to provide catalysts that are useful in various industrial sectors, including innovating to add new products," said Hadiyanto. According to him, there are currently two new products being produced, namely the SGB VII catalyst to support the biofuel or organic fuel industry. The catalyst functions to separate sulfur in the production process at PT Kilang Pertamina Internasional in Kasim, Papua. The next new product is the ME-Kat 200 type catalyst. The catalyst functions to process methyl esters or vegetable oils into fatty alcohols or fatty alcohols. This substance is commonly used in various materials related to fuels such as paint, coatings, and even pharmaceuticals. (SOURCE)
Mar, 21 2025
Warta Ekonomi, Bandung - On Friday, February 21, 2025, at the West Java DPRD Building, a joint commitment was signed between the Governor of West Java, Dedi Mulyadi, the Chairman of the West Java DPRD, Pangdam III Siliwangi, Pangdam Jaya, the West Java Police Chief, the West Java High Prosecutor's Office, and the Metro Jaya Police Chief. This commitment emphasizes the synergy between institutions in eradicating acts of thuggery that have disrupted order and the business world in West Java. This firm step received full appreciation from the Chairman of the West Java Indonesian Employers Association (APINDO), Ning Wahyu. According to him, this policy is a breath of fresh air for business actors who have faced pressure from certain groups that hinder business activities. "This commitment is very positive because it provides certainty for the business world. So far, disturbances from irresponsible mass organizations have often occurred in industrial areas and outside the area. With this policy, we hope that the investment climate in West Java will be more conducive," said Ning, Thursday (26/2/2025). Furthermore, Ning emphasized that Governor Dedi Mulyadi's steps in eradicating thuggery and disturbing mass organizations will have a significant impact on business security, increase investor confidence, and maintain workforce stability. Currently, West Java has the highest unemployment rate in Indonesia, which is 1.76 million people or around 23.7% of the national total. Therefore, APINDO Jabar emphasizes the importance of maintaining investment so that it does not leave West Java, which has the potential to cause an increase in the number of layoffs (PHK). "Security in business is very important because it not only protects investment, but also ensures the continuity of work for employees and community businesses around the industrial area," he added. Ning also assessed that Dedi Mulyadi's leadership is very much needed by the business world. A firm attitude and courage in enforcing the law are key factors in creating a healthy investment climate. "Kang Dedi is not only a leader who is firm in speaking, but also dares to take real action. Since the beginning of his term, he has shown his commitment to creating a safe and investment-friendly West Java," he said. In addition, Ning highlighted the direct approach taken by Governor Dedi Mulyadi in understanding the conditions of the business world. According to him, the presence of a leader who goes down to the field and witnesses firsthand the challenges of entrepreneurs is a strategic step in formulating effective policies. APINDO Jabar hopes that under the leadership of Dedi Mulyadi, collaboration between the government and the business world will be even closer. "With strong synergy, the government and business actors can work together to create jobs, improve people's welfare, and build a more advanced and competitive West Java," he concluded. (SOURCE)
Mar, 21 2025
LENGKONG, AYOBANDUNG.COM — West Java will soon have a new toll road that is planned to be included in the 2025 budget. The toll road that will soon be present in West Java will later become the Bocimi or Bogor-Sukabumi Toll Road project. This toll road in West Java has an investment value of IDR 4 trillion. The toll road that will soon be built in West Java connects Ciranjang-Padalarang. This toll road is 24 km long and has a number of lanes of 4 lanes x 2 directions (initial stage) 6 lanes x 2 directions (final stage). In addition, this toll road is also built with Lane width: 3.6 meters Outer shoulder width: 3 meters Inner shoulder width: 1.5 meters Median width: 3.8 meters. This toll road also has an investment value of IDR 4 trillion with functions other than connecting Ciranjang-Padalarang and connecting to the Bocimi 1 and 2 toll roads. This toll road is also connected to the West-East Sukabumi and Cianjur-Bandung toll roads, which are also often called BoSuCiBa: Bogor-Sukabumi-Cianjur-Bandung. Later, this toll road will be built through the Padaleunyi Toll exiting network. The construction of this 24 km toll road will begin in 2025 and is targeted to be completed in 2029. The scheme for the construction of this toll road is government and business entity cooperation (KPBU) funding. Currently, the progress of the construction of the Ciranjang-Padalarang Toll Road has reached the land acquisition stage. The presence of this toll road is also expected to improve the community's economy and reduce congestion in the Padalarang, Citatah, and Cipatat areas.*** (SOURCE)
Mar, 20 2025
PRFMNEWS - The elected Governor of West Java (Jabar), Dedi Mulyadi said that the West Java Provincial Government (Pemprov) will prepare a way to secure investment in West Java. This is done to protect investors from irresponsible individuals. He conveyed this in a discussion with Bossman Mardigu which was uploaded on the Kang Dedi Mulyadi Channel YouTube channel some time ago. "The provincial government has allocated funds for investment security costs in West Java so that they (investors and employees) feel calm and peaceful," said Dedi Mulyadi. The former Regent of Purwakarta said that this needs to be done to guarantee the security of investors, guarantee that employees are no longer charged any fees, guarantee that infrastructure is available, such as roads, trains, ports, and air (airports/helipads/runways). "I want that, the energy is directed to that and I think it is possible," said Dedi. "Very, very possible," replied Mardigu. Dedi said that one of the problems in West Java today is the large number of individuals who claim to be mass organizations and often ask for fees to take care of land acquisition, take care of factory construction, take care of people who come to work, take care of factory waste, and take care of goods that will enter the factory. "This is from the beginning of the establishment until their production (investors and employees) is disrupted," said Dedi Mulyadi. With special efforts to secure this investment, it is hoped that it will be able to protect investors and employees from individuals who have been disturbing and irresponsible. *** (Abdurrahman Najwan Najmudin/Job Training) (SOURCE)
Mar, 20 2025
Last weekend, the US public witnessed a performance of Sundanese dance and music at a mall in the Washington, D.C. area. The performance and discussion held by the West Java Provincial Government for two days had a bigger mission. VOA - Charley Sullivan swayed to the rhythm and movements of the Tap Tilu Dance performed by two Indonesian dancers in the middle of the Pentagon City Mall, Saturday (2/15). He and another visitor were invited to the stage to learn the West Javanese dance. Charley, who is an Indonesian historian from the US, said he was happy every time Indonesian culture was presented to the American audience in an interesting and authentic way. Charley Sullivan, US historian (photo: VOA Indonesia) “It’s always good to see Indonesia here because Americans don’t know much about Indonesia. It’s not in our education, maybe a little bit—volcanoes, orangutans, or Bali,” he said. In addition to Charley, other visitors at the mall located near the capital city of Washington, D.C., seemed curious to see the cultural stage held in the middle of the shopping center’s dining area. Some stopped for a moment to watch the West Javanese music and dance performances: Sundanese flute performance, Merak Dance, Jaipong, Rampak Gendang, and a West Javanese fashion show. Some even joined in during the angklung workshop session. The immersive cultural and artistic experience was indeed the goal of holding the “West Java Experience: The Nationalism of Indonesia” event, said Jaya Hasran, one of the event’s supporters and head of the “Rumpun Wargi Pasundan” community in the US. The mall was deliberately chosen to maximize the event’s exposure. The inauguration of the West Java Experience by the organizers and supporters of the event (VOA Indonesia) “If we do it inside the building, it will mostly only be for our people. In fact, we want our experience to be transmitted, especially to the residents here, at the DMV. And why did we choose the Pentagon [Mall] again, because this is the center of tourism. Tourist buses looking for food, stop here,” he explained. DMV itself is an abbreviation of D.C. (District of Columbia), Maryland, and Virginia, which refers to the metropolitan area of Washington, D.C. Fashion Center at Pentagon City, the mall that hosted the "West Java Experience" event (VOA Indonesia) The event, organized by the West Java Province National Unity and Politics Agency, also marketed various Indonesian products, from kebaya, beverage bottles with West Javanese symbols and arts, food and beverage ingredients such as coffee and tempeh, to ready-made foods, such as batagor, fried rice, and chicken noodles. Vernanda, a mall visitor from Chile, wearing a totopong, a traditional Sundanese headband (VOA Indonesia) Vernanda, a Chilean woman wearing a totopang, a traditional Sundanese headband that she had just gotten from the Rumpun Wargi Pasundan booth, had just learned that Indonesia has tens of thousands of islands with a very large population and diverse languages. "Of course it's fun to be able to share culture with people who don't know it yet. I really like things like this," she said. Meanwhile, Charley thinks that such Indonesian cultural promotion events could actually be maximized to attract more US citizens. "The food is always good. But maybe for people who don't know it yet, don't know the taste, maybe they can try a little bit. Samples maybe," he added. Bigger Mission In addition to the cultural introduction mission, the Chargé d'Affaires of the Indonesian Embassy in Washington D.C., Ida Bagus Made Bimantara, who is familiarly called Sade, said that West Java also contributed greatly to the relationship between Indonesia and the United States through its investments with American companies. "Because West Java has industrial centers such as in Karawang and Cirebon, as well as in other places that are attractive to United States companies to produce their goods in Indonesia," he said. A beverage bottle with West Javanese art animation, a product sold at the "West Java Experience" event (VOA Indonesia) The US is now West Java's largest non-oil and gas export destination, followed by Japan and the Philippines. Data from the West Java Provincial Statistics Agency in December 2024 showed that the province's export value reached USD 502.70 million (around IDR 8.1 trillion), with leading commodities in the form of electronic products, vehicles and their parts, textiles, and footwear. According to Sade, the development of American investment in West Java is also being pursued in the semiconductor sector, where superior universities there will be used as centers for the development of the semiconductor industry. Last year, the West Java Provincial Government through the West Java Maritime and Fisheries Agency also successfully signed a contract for seafood products worth around Rp85 billion through the Seafood Expo North America event in Boston, Massachusetts, said West Java DPRD Member Syahrir, who was a speaker in a talk show session at the West Java Experience event. In addition to these fields, Syahrir said that his party had explored what potential could be maximized in the Washington, D.C. area, after discussions with diaspora participants and local residents. “.. Like garments, we will try to fill it of course. There is also investment—we can also prepare the land there or something like a loan. What is important is that they invest, and this is very promising for the investment climate, and of course it will also create new jobs,” he said. The "Rumpun Wargi Pasundan" Community, one of the supporters of the West Java Experience event (VOA Indonesia) However, entering the competitive United States market is a challenge in itself. Sade said the geographical distance between the US and Indonesia is one of the obstacles in establishing business and investment relations between the two. In addition, "brand recognition", aka the introduction of brands and products of West Java still needs to be improved so that the community and investors there are more familiar with the potential that exists. To that end, Sade also emphasized the need for more efforts to introduce West Java and Indonesia as a whole to the American market, by intensively organizing thematic activities that showcase the uniqueness and advantages of the province. [br/em] [SOURCE]
Mar, 20 2025
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
Bandung, IDN Times - Acting Governor of West Java, Bey Triadi Machmudin requested that the realization of investment must provide space for increasing the workforce, especially from graduates of Vocational High Schools (SMK). According to him, investment this year must involve many workers and local material resources. This needs to be done in order to provide a link and match with SMK in West Java. "So for example, human resources are already the highest from other provinces. There should be no reason for the investment to also be enjoyed by the people of West Java," said Bey, quoted on Wednesday (12/2/2025). 1. Raw Materials Must Also Utilize Local Goods In addition, other regional apparatus organizations must also be able to read this investment opportunity. For example, the Plantation Service, the Industry and Trade Service, must be directly involved so that targets can be achieved. "So all of them, the Education Service for example, the Plantation Service, invest in agriculture. Potato chips for example, should be from West Java. We have them all here," he said. 2. Investments Must Be Accompanied by High Labor Intake Meanwhile, Head of DPMPTSP Jabar Nining Yuliastiani admitted that the high realization of investment in West Java is not in line with the absorption of labor. Because, it is undeniable that the unemployment rate in West Java is quite high. "As I have said, high investment is certainly accompanied by the need for labor. However, the workforce needed must have qualifications according to industry needs," he explained. 3. Workforce Must Be Prepared Early So far, he said, many industries entering West Java are high-tech and capital-intensive industries. Therefore, preparation of the workforce must begin to be carried out in order to be able to balance the investment itself. "Therefore, we must prepare a workforce that is in accordance with these needs," he said. Nining hopes that the high investment entering West Java can be balanced with competent human resources. "We must adjust the education curriculum, especially in vocational schools and job training institutions, so that it is in line with the needs of the industrial world. With the link and match between education and industry, our workforce will be more easily absorbed," he said. Nining added that the job opportunities generated from investment are very promising. On average, he said, every IDR 1 trillion of investment that enters, can absorb around 1,500 workers. "This is a fairly large number. If we can maximize this opportunity, I am sure the unemployment rate in West Java will continue to decrease," he said. (SOURCE)
Mar, 20 2025
TRIBUNJABAR.ID, MAJALENGKA - The Majalengka Regency Investment and One-Stop Integrated Service Office (DPMPTSP) noted that investment growth in Majalengka Regency is relatively stable every year. Senior Expert in Investment Management of DPMPTSP Majalengka Regency, Tatang Gustawan, said that during the 2019-2024 period, the investment trend in Majalengka Regency increased every year. However, he admitted that during that period in 2021, the investment realization in Majalengka Regency had decreased due to the impact of the Covid-19 pandemic. "Investment growth during 2019-2024 was relatively stable, only in 2021 it decreased due to the pandemic (Covid-19)," said Tatang Gustawan when met at the DPMPTSP Majalengka Regency, Jalan KH Abdul Halim, Majalengka District/Regency, Saturday (15/2/2025). In 2019, investment realization in Majalengka Regency reached IDR 2.09 trillion, then increased to IDR 2.39 trillion in 2020. While in 2021, investment realization in Majalengka Regency decreased to IDR 1.19 trillion due to the Covid-19 pandemic. However, investment in Majalengka Regency increased again to IDR 2.66 trillion in 2022, then reached IDR 3.12 trillion in 2023. Meanwhile, in 2024, investment realization in Majalengka Regency reached IDR 3.595 trillion, and became the highest in Region III Cirebon. "This investment growth trend indicates that Majalengka Regency is increasingly attractive to both domestic and foreign investors," said Tatang Gustawan. Tatang said that the investment growth also showed the superiority of Majalengka Regency in attracting investors to invest their funds. In addition, the position of Majalengka Regency is also increasingly solid as a new center of economic growth, especially in the eastern region of West Java. (*) (SOURCE)
Mar, 20 2025
Warta Ekonomi, Bandung - In 2024, West Java's investment performance again recorded an achievement with a total investment reaching IDR 251.1 trillion, making West Java the province with the highest investment value in Indonesia and equivalent to 14.7% of national investment realization. Compared to other provinces in Java, West Java Province's growth achievement is the second highest after DI Yogyakarta. Growth mainly comes from increased community mobility during the Christmas and New Year holidays and high investment. Head of the West Java Bank Indonesia Representative Office, Muhamad Nur, expressed his appreciation for the achievement of West Java's investment performance in 2024. He emphasized Bank Indonesia's commitment to overseeing investment and economic growth in 2025 amidst the challenges faced. Bank Indonesia will continue to synergize with the West Java Provincial Government in realizing the achievement of Asta Cita, including through investment development that will support the achievement of the 3rd Asta Cita, Increasing quality employment, encouraging entrepreneurship, developing creative industries, and continuing infrastructure development. "This synergy is expected to continue to drive economic growth in West Java, make West Java more competitive and attractive to investors, and create a positive impact on the regional economy," explained Nur at the Bewara Jawa Barat (BEJA) event in Bandung, Tuesday (11/2/2025). Meanwhile, the Acting Governor of West Java, Bey Machmudin, also expressed his appreciation for the achievement of West Java's investment realization in 2024. Bey hopes that this investment realization will have a real impact on improving people's welfare. The strong commitment of the West Java Provincial Government in creating a good investment climate is also proven by the achievement of the Investment Service Award (ALI). "This cannot be separated from the synergy with Bank Indonesia which is realized through various activity programs such as the West Java Investment Summit (WJIS)," he concluded. [SOURCE]
Mar, 20 2025
JAKARTA- Dedi Mulyadi was officially inaugurated as Governor of West Java which took place at the Merdeka Palace, Jakarta, Thursday (20/2/2025). Met after the inauguration, Dedi emphasized his commitment to implementing more targeted budget efficiency. According to him, efficiency is not just about cutting the budget, but shifting it from unimportant spending to spending that is more beneficial for the community. "This inauguration is our momentum to straighten out our understanding of efficiency because so far efficiency has been understood as budget cuts. In West Java, efficiency is not cutting the budget, but shifting unimportant spending to more important spending. Party spending becomes useful spending and revelry becomes spending for the needs of the community," said Dedi Mulyadi. Within one month, Dedi Mulyadi has reallocated the budget with the transition team formed by the West Java Provincial Government. The transition team consists of 11 people led by Dedy Mulyadi and consists of echelon 3 officials. "From the budget financing calculation, we have changed the budget items from unimportant spending to more important spending. As of last night, the amount reached IDR 5.5 trillion. We hope to reach IDR 6 trillion," he explained. Dedi also said that the funds from the efficiency will be allocated to several priority sectors, including education in the form of the construction of new classrooms (RKB) increased from IDR 60 billion to IDR 1.2 trillion. "This is to build 3,333 new classrooms, new schools, and free up land for school construction in the next two years," said Dedi. For road infrastructure, Dedi said, from IDR 600 billion to IDR 2.4 trillion to improve road infrastructure so that investment can grow. Regarding investment, he emphasized that he would handle the problem of mass organizations that hinder investment by preparing the "Jabar Manunggal Operation" program to accompany companies and protect them from disturbances related to land acquisition, construction, labor recruitment to waste production. From the results of budget efficiency, the West Java Provincial Government will also allocate a budget to provide electricity connections for almost 200,000 residents who do not yet have electricity, increased from IDR 20 billion to IDR 350 billion. In addition, the home renovation program for the poor will be increased with a budget from IDR 20 billion to IDR 120 billion, with a fund allocation of IDR 40-50 million per housing unit. In the health sector, the West Java Provincial Government will build new hospitals, assistant health centers, and provide 200 ambulances for remote areas. Target for increasing PAD Dedi Mulyadi also targets an increase in the Original Regional Income (PAD) of West Java from IDR 19 trillion to IDR 21 trillion. Thus, regional spending will reach IDR 33 trillion, while the allocation of revenue sharing funds for districts/cities of IDR 6 trillion will be fully used for road infrastructure development. "We are asking for this increase in PAD so that all revenue sharing funds of IDR 6 trillion can be 100 percent for road infrastructure development, and cannot be used for anything else," he said. [SOURCE]
Mar, 20 2025
BANDUNG, iNewsBandungRaya.id - The West Java Provincial Government (Pemprov) is targeting that investment realization in 2025 can increase by 25 percent from the previous year. This was conveyed by the Acting Governor of West Java, Bey Machmudin at the BEJA (Bewara Jawa Barat) Vol. 15 event, in the East Hall of Gedung Sate, Bandung City, Tuesday (11/2/2025). "This year the exact value is not yet, but it should be even higher. If yesterday it was around 17-19 percent, it should be 25 percent," said Bey. Bey hopes that the investment value in West Java will remain the highest in Indonesia in 2025. In addition, this investment is also expected to be felt directly by many people. "In 2025, apart from hopefully remaining the highest, it is also about how this investment impacts the community," he added. Bey views, with high investment value, it can reduce the open unemployment rate in West Java which is also still relatively high. According to him, the pattern that can be done is how to encourage the absorption of labor. One of them is by synchronizing graduates with industry needs. "With this high investment, of course, the first problem of SMK is that the link and match must be maintained. So all workers should be able to come from West Java, which will also reduce the link and match," he said. "For example, this investment also requires a supply chain company or link. The supply chain should also be from West Java so that it can build MSMEs in the surrounding area so that the costs are not too high," he added. Meanwhile, the Head of the West Java Investment and One-Stop Integrated Service Agency (DPMPTSP), Nining Yuliastiani admitted that although the investment value in West Java is the highest, the unemployment rate is still quite high. According to her, this is due to several factors, one of which is that not all investments absorb a large number of workers. "High investment is certainly accompanied by the need for workers. However, the workers needed must have qualifications according to the needs of the industry," said Nining. "Many industries entering West Java are high-tech and capital-intensive industries. Therefore, we must prepare a workforce that suits these needs," he continued. The second factor that is also very important is the character of the workforce. According to him, this character includes discipline, work ethic, and mental readiness to work in the industry. "The industrial world has different demands compared to other sectors. Therefore, we must prepare a workforce that not only has technical skills, but also has a character that suits the needs of the industry," he explained. With the high investment coming in, Nining said, her party needs to ensure that the available workforce is in accordance with industry demand. "We must adjust the education curriculum, especially in vocational schools and job training institutions, to be in line with the needs of the industrial world. With the link and match between education and industry, our workforce will be more easily absorbed," she said. (SOURCE)
Mar, 19 2025
LENGKONG, AYOBANDUNG.COM -- West Java has another new toll road. This time, the toll road owned by West Java has a fairly high investment value. It is known that the investment value of the toll road present in West Java is IDR 10.6 trillion. The toll road in West Java has now been inaugurated and is already operating. The presence of this toll road makes two vital areas in West Java connected. The toll road in West Java that has an investment value of IDR 10.6 trillion is the Cimanggis-Cibitung Toll Road. The Cimanggis-Cibitung Toll Road connects Depok City and Bekasi Regency. The two areas connected by this toll road are vital areas in West Java. This is because the two areas are industrial areas in West Java. The presence of the Cimanggis-Cibitung Toll Road certainly increases mobility and connectivity between the two areas. Economic growth in this industrial area is certainly also getting better thanks to the Cimanggis-Cibitung Toll Road. This toll road can also facilitate the flow of logistics in industrial areas in Bogor and Bekasi Regencies. The Cimanggis-Cibitung Toll Road stretches 26.18 kilometers and consists of two toll road sections. Although part of West Java, this toll road is part of the Jakarta Outer Ring Road (JORR) 2 Toll Road. The Cimanggis-Cibitung Toll Road is also part of the Trans Java Toll Road which is connected to the Cikampek Toll Road. This toll road functions to reduce vehicle congestion on the Cikampek Toll Road. That is the toll road in West Java that was showered with Investa worth IDR 10.6 trillion which is a connecting industrial area.*** (SOURCE)
Mar, 19 2025
BANDUNG WETAN, AYOBANDUNG.COM -- Synergy and collaboration between Bank Indonesia and the West Java Provincial Government have succeeded in bringing the West Java economy to grow strongly in 2024. The BPS release stated that the West Java economy in 2024 grew by 4.95% (year-on-year) compared to other provinces on the island of Java. The growth achievement of West Java Province is the second highest after DI Yogyakarta. The growth mainly comes from increased community mobility during the Nataru holidays and high investment. In 2024, West Java's investment performance again recorded extraordinary achievements, with a total investment reaching IDR 251.1 trillion, while making West Java the province with the highest investment value in Indonesia and equivalent to 14.7 percent of national investment realization. Head of the West Java Bank Indonesia Representative Office, Muhamad Nur, expressed his appreciation for the achievement of West Java's investment performance in 2024. He emphasized Bank Indonesia's commitment to overseeing investment and economic growth in 2025 amidst the challenges faced. In addition, Nur said, Bank Indonesia will continue to synergize with the West Java Provincial Government in realizing the achievement of Asta Cita, including through investment development that will support the achievement of the 3rd Asta Cita, increasing quality employment, encouraging entrepreneurship, developing the creative industry, and continuing infrastructure development. "This synergy is expected to continue to drive economic growth in West Java, make West Java more competitive and attractive to investors, and create a positive impact on the regional economy," said Nur at the Bewara Jawa Barat (BEJA) Talkshow on Tuesday (11/2/2025). On the same occasion, the Acting Governor of West Java, Bey Machmudin, also expressed his appreciation for the achievement of West Java's investment realization in 2024. Bey hopes that the realization of this investment will have a real impact on improving people's welfare. "The strong commitment of the West Java Provincial Government in creating a good investment climate is also proven by the achievement of the Investment Service Award (ALI)," said Bey. This cannot be separated from the synergy with Bank Indonesia which is realized through various activity programs such as the West Java Investment Summit (WJIS). In the talk show session, the Head of the West Java DPMPTSP, Nining Yuliastiani said that the processing industry and information and communication sectors are still the main sectors that attract investors throughout 2024. Nining added that various strategic steps have been prepared to make it easier for investors to invest in West Java, including through the OSS application and one-stop integrated service center. "The synergy of new work programs such as the West Java Investment Hub and the Investment Localpreneur Partnership are also ready to encourage increased investment in West Java 2025," said Nining. Meanwhile, Deputy Head of Bank Indonesia West Java Representative Office, Muslimin Anwar, added that economic growth in 2025 is predicted to be in the range of 4.7-5.5% (yoy) driven by increased consumption activity, improved exports and a more conducive investment climate. Meanwhile, Muslimin continued, the investment prospect in 2025 is predicted to grow strongly in the range of 7%-7.8% (yoy), supported by the downward trend in interest rates from world Central Banks to the commitment of the 5th Asta Cita to encourage downstreaming and industrialization which can be a positive stimulus for the West Java processing industry sector. "However, it is still necessary to be vigilant against the potential for widening divergence in world economic growth and the pressure of weakening various world currencies," said Muslimin. Muslimin also explained that Bank Indonesia's pro-stability and pro-growth policy mix will continue to support stability by continuing to monitor growth space. "Bank Indonesia has also strengthened the macroprudential liquidity policy (KLM) regulations which can ultimately contribute to job creation and improving public welfare," said Muslimin. Therefore, Muslimin emphasized, Bank Indonesia continues to be committed to facilitating and supporting the flow of investment in order to make the priority program of the Special West Java Government 2025 a success, through various policy channels, to the integration of the Investor Relations Unit (IRU) - Regional Investor Relations Unit (RIRU) - Global Investor Relations Unit (GIRU) which can support the effectiveness of trade and investment promotion activities. "The synergy and collaboration of Bank Indonesia Jabar's program activities with the West Java Provincial Government such as the West Java Investment Challenges and the West Java Investment Roadshow will continue to be implemented to promote West Java investment projects," he said. (SOURCE)
Mar, 19 2025
Bandung, IDN Times - Acting Governor of West Java, Bey Triadi Machmudin requested that acts of thuggery carried out by certain mass organizations (ormas) be dealt with firmly. According to him, this could disrupt the investment climate. According to him, acts of thuggery by certain mass organizations have been complained about by several companies in West Java. However, he does not yet know the exact data on how many companies have been victims of this thuggery. "There is no update yet. (Complaints) exist, coming to industry, disrupting. They (entrepreneurs) are worried that it will disrupt investment," said Bey at Gedung Sate, Bandung, Tuesday (11/2/2025) 1. Negotiations Must Still Be Carried Out Bey asked law enforcement officers to take firm action against these individuals. However, he ensured that related regional apparatus such as the West Java Manpower and Transmigration Office prioritize negotiation first. "First, negotiation or mediation, if it is indeed disruptive, legal action will be taken," he said. 2. Disnakertrans Must Open Discussion Space Furthermore, Bey also encouraged the West Java Manpower and Transmigration Office to open up space for discussions with mass organizations to minimize the occurrence of these thuggery acts. Industrial players can also report if they receive threats and so on. "We ask the Manpower and Transmigration Office to talk to mass organizations and also what kind of industry. The point is not to disrupt investment," he said. 3. Investment in West Java Must Be Maintained Bey added that West Java's investment in 2024 reached IDR 251.1 trillion. This figure has exceeded several other provinces, so he asked that this thuggery not interfere with future investment achievements. "We are the highest, meaning that investors still believe in West Java, don't let (investors) leave West Java because of things like that," said Bey. (SOURCE)
Mar, 19 2025
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