Head of the Bureau of BUMD, Investment and Development Administration (BIA) of the West Java Regional Secretariat, Lusi Lesminingwati, revealed that currently the government is making efforts to accelerate the business of nine companies in Financial Institutions. In fact, one of them will be closed and is just waiting for regulations from the Minister of Home Affairs of the Republic of Indonesia (Permendagri). Likewise with several companies that are included in financial institution companies. Of the 15 BPR (Rural Bank) institutions, 11 of them are being encouraged to merge. “Actually, out of 41 BUMD (companies), there are 9 NLK (non-financial institutions), one of which we will close just waiting for the regulations from the Permendagri. While the other 8 we (are) encouraging the acceleration of their business because the problem of this non-financial institution (BUMD company) is Cash Flow,” said Lusi when exposing the condition of BUMD Jabar to Koran Gala. Lusi admitted that one of the hardest homework for the provincial government is currently in microfinance institutions (MFIs) because besides being slow, the dividend contribution from BPRs is still relatively small. “Indeed, in the future we are doing mergers for these 15 BPRs, although 4 of them are not in West Java but in the Banten Provincial Government. So we will encourage 11 to merge, while the other 4 we will try to sell our shares to the Banten Provincial Government,” he said. “Our hope is that by merging these BPRs, the business, scale will be bigger and in the end the dividends we receive will be higher,” she continued. Lusi admitted that BUMDs should be able to encourage the acceleration of development so that her party needs to improve the condition of BUMD companies in West Java. “Now related to the two that are really productive out of 41, the ones that dominate the contribution of dividends to the West Java Provincial Government are BJB and PT Migas Utama Jabar (MUJ),” he said. Regarding one of the BUMD companies that will be closed by West Java Province this year, Lusi revealed that one of them is PD Agribusiness and Mining (AP), even the remaining assets in the BUMD company have been inventoried for the name to be returned to the West Java Provincial Government. “The asset data is already there, we are just waiting for the Permendagrinya and the mechanism, which is certain that the assets should not be lost,” he said.** SOURCE
Jul, 24 2024
PRFMNEWS - In an effort to handle waste in the Cirebon Raya area, the West Java Provincial Government (Pemprov) will maximize the Cirebon Raya Waste Processing and Final Processing Site (TPPAS). In optimizing the Cirebon Raya TPPAS, the West Java Provincial Government plans to apply incineration technology. Related to this, West Java Regional Secretary Herman Suryatman received a visit from the Zhejiang Weiming Environment Protection team from China and the ranks of the Coordinating Ministry for Maritime Affairs and Investment of the Republic of Indonesia at West Java International Airport (BIJB) Kertajati, Majalengka Regency, Monday, July 22, 2024. The meeting was a follow-up to a working visit on June 13-16, 2024 to Shanghai, China, related to waste treatment with incineration technology. “We received the Zhejiang Weiming Environment Protection team along with the Kemenko Marves team. This is a follow-up to the working visit the other day to Shanghai, China related to waste management using incineration technology,” he said. Herman revealed, at the two-hour meeting, Zhejiang Weiming Environment Protection offered incineration waste processing without tipping fees. This can be explored more deeply as one of the technology options for the Cirebon Raya Waste Processing and Final Processing Site (TPPAS). “They are exploring the possibility of investing in waste to energy in Cirebon Raya,” said Secretary Herman. After the meeting, the Zhejiang Weiming Environment Protection together with the Kemenko Marves RI team and the West Java Provincial Government officials visited the Cirebon Raya TPPAS candidate plan in Walahar Village, Gempol District, Cirebon Regency. SOURCE
Jul, 24 2024
Member of Commission XI DPR RI, Dr. Agun Gunandjar Sudarsa in collaboration with the National Resilience Forum, OJK Tasikmalaya and Diskominfo Ciamis held a financial services counseling event at a hotel in Ciamis, Tuesday (23/7/2024). Agun Gunandjar Sudarsa said, the problem of illegal online loans (Pinjol), online gambling, fraudulent investments, and emok banks in Ciamis Regency is increasingly rampant. “I in Commission XI DPR RI encourage the chairman of FKB Ciamis, Ijudin to immediately form a gambling eradication forum in Ciamis and we must provide vigilance against illegal investments and online loans,” Agun told the media crew. “Including blocking the sites, because there are already quite a lot of victims reaching thousands of people but we return to the community. So activities like this are more about educating the public not to be easily tempted or lured by unreasonable offers,” he added. Involve the Community Meanwhile, the Head of OJK Tasikmalaya, Melati Usman, said that handling online gambling, illegal online loans and mobile banks needs to involve the community directly in the education. “We are also accompanied by the Head of the OJK institutional relations department, to jointly educate the Ciamis community to remain vigilant about the dangers of illegal online lending including fraudulent investments,” explained Melati. Then, the Head of the Ciamis Communication and Information Office, Tino Armyanto, said that this counseling activity was very important. The reason is, through proper education, it is hoped that people can be wiser and more careful in choosing and using digital financial services. “We actively disseminate information about the dangers and how to recognize illegal online loans and fraudulent investments through various communication channels, including social media, official websites, and public campaigns,” he said.(M.Kris) SOURCE
Jul, 24 2024
Acting Governor of West Java, Bey Machmudin inaugurated the Solar Power Plant (PLTS) – Nugraha Jaya Multipurpose Cooperative Biogas located at Cipari Village, Cigugur District, Thursday (18/07/2024). PLTS – Biogas is the work of the Bandung Institute of Technology which was handed over to KSU Nugraha Jaya. Accompanying the Acting Governor, the Acting Regent of Kuningan, Raden Iip Hidajat who accompanied him from the coaching event with Kuningan Regency Government officials in the pavilion. The visit from the number one person in West Java stated that the presence of PLTS - Biogas was a concrete step for West Java in utilizing new and renewable energy sources (EBT). "The benefits of PLTS - Biogas include that the beneficiaries can calculate managed cow dung and reduce river pollution due to cow dung by up to 657 tons per year," said Bey. Bey Machmudin also mentioned other benefits, namely estimating a reduction in greenhouse gas emissions of 848.65 CO2eq (carbon dioxide equivalent) per year. "Then, it is estimated that the savings obtained by farmers by using PLTS (conversion of price per kWh PLN) is IDR 94,555,440 per year," explained Bey. Another benefit, said Bey, is that he can estimate the savings obtained by farmers by using biogas (conversion from the price of 3 kg LPG) of IDR 17,730,240 per year. The presence of PLTS – Biogas can bring benefits by processing animal waste into biogas which really prioritizes the principle of zero waste. "The West Java Provincial Government really supports efforts like this, and it can be emulated in other regions," said Bey Machmudin. Once in Kuningan, the West Java Provincial Government through the West Java Energy and Mineral Resources Service will prepare a similar PLTS – Biogas in Bandung Regency. "In Bandung Regency there will also be construction, yes, not only cow dung but goat dung will be researched first, then it can be developed," said Bey. The KSU Nugeraha Jaya PLTS operation is used to process cattle feed concentrate consisting of various types and food ingredients. Meanwhile, the animal waste produced is processed to produce bio gas which is an alternative to LPG. It is known that cow's milk from the KSU Nugraha Jaya farm is one of the best milk contributors in West Java (apart from other cow farming cooperatives in the Kuningan area). The milk produced is used as a raw material source for UHT packaged milk for national scale companies. SOURCE
Jul, 24 2024
West Java DPMPTSP continues to provide assistance and facilitate debottlenecking of licensing service problems and ease of investing in West Java. Bisnis.com, BANDUNG - With an investment realization target from BKPM/Ministry of Investment of up to Rp250 trillion by 2024, the West Java Investment and One-Stop Integrated Services (DPMPTSP) Office continues to strengthen investment services. Head of West Java DPMPTSP Nining Yuliastiani said that her office continues to provide assistance and facilitate debottlenecking of licensing service problems and ease of investing in West Java. “We facilitate the handling of investment realization problems through several steps,” she said in Bandung, Thursday (18/7/2024). First, through the Windu service (West Java Investor Depelopment Upgrade), which facilitates business actors through mentoring and coaching activities with various themes related to the problems faced by business actors. “Second, there is a movement to encourage investment realization, this is our effort to facilitate business actors through LKPM reporting assistance,” he said. Third, steps to accelerate the handling of investment realization problems by optimizing the Settlement of Problems and Acceleration of Business Licensing then facilitating strategic project assistance through optimizing the IRO (Investment Relation Officer). Nining also ensures that her party routinely holds forums that bring together various stakeholders with investors.Nining Yuliastiani ensures that her party is committed to continuing to encourage the acceleration of investment realization in West Java and provide licensing services to all business actors. “We realize that this investment is able to create a very large multiplier effect that can improve the welfare of the community in the future and of course requires a very high commitment from the leadership and support from relevant stakeholders,” she said. Investment realization in West Java in the first quarter of 2024 or the January-March 2024 period has increased, both from foreign investment (PMA) and domestic investment (PMDN). Based on the Investment Activity Report (LKPM) up to the first quarter of 2024 realized by investors in 27 districts / cities, the total investment reached Rp64.65 trillion. (SOURCE)
Jul, 19 2024
Bloomberg Technoz, Jakarta - Eurokars Motor Indonesia (EMI) as the sole agent brand holder (ATPM) and distributor of Mazda cars in Indonesia announced that it has started building its assembly plant in West Java. Eurokars Motor Indonesia General Manager Marketing and Communications Pramita Sari said the plant has laid its first stone since March 2024 although she did not specify the exact location of the plant. “[The Mazda plant] is located in West Java with an investment of Rp400 billion,” Pramita told Bloomberg Technoz on Friday (19/7/2024). Meanwhile, regarding the operating target of the Mazda factory, Pramita only said that this would be informed further when significant progress was seen. “In this initial stage of assembly in Indonesia, we will focus on compact SUVs,” he continued. (SOURCE)
Jul, 19 2024
Vietnamese electric car manufacturer VinFast Auto officially started construction of its first electric vehicle assembly plant in Indonesia, marked by the laying of the first stone in Subang, West Java, Monday (15/7/2024), directly by the Chief of Presidential Staff, Moeldoko. VinFast assesses that RI is one of the most promising electric vehicle markets in Southeast Asia. The factory, which is located in a developing industrial area in Subang, was built with an initial investment of around US$ 200 million or IDR 3.23 trillion (exchange rate IDR 16,160). This factory will operate with an annual production capacity of 50,000 vehicle units and includes several main production areas such as the Body Shop, General Assembly Shop, Paint Shop and testing area, etc. VinFast schedules this factory to start operating in Q4 2025 and will produce right-hand drive versions of e-SUV models, including the VF 3, VF 5, VF 6 and VF 7 series for the Indonesian market. This project is expected to create thousands of local jobs, increase the number of skilled workers, and make a significant contribution to the economic and social development of local communities. Presidential Chief of Staff Moeldoko assesses that this project is also ready to have a big impact in encouraging environmentally friendly transportation in Indonesia. "The presence of VinFast will not only have a positive impact on the regional economy, but will also open up new job opportunities and improve the welfare of the surrounding community," he said. "The Indonesian government strongly encourages foreign investment into our country, especially in the automotive industry sector. We believe that the presence of VinFast will bring technological innovation and knowledge transfer that is much needed to increase the competitiveness of the national automotive industry," said Moeldoko. Currently, Vinfast has launched two right-hand drive electric SUV models, the VF 5 and VF e34, opened a dealer store, and implemented a flexible sales policy including a pioneering battery subscription program. VinFast Indonesia CEO Temmy Wiradjaja stated, VinFast strives to be a pioneer of the high-tech industry in Southeast Asia with global influence. "We are holding this groundbreaking event just a few months after VinFast officially arrived in Indonesia, this confirms VinFast's strategic expansion and competitiveness in Southeast Asia, as well as marking an important milestone in our strategy to become a leading player in one of the most promising electric vehicle markets in this region," he said. "This project shows VinFast's long-term commitment to Indonesia, boosting the electric vehicle sector, supporting economic growth and improving the quality of life of Indonesian people," said Tommy. SOURCE
Jul, 15 2024
The Garut Regional Government received an award as a district/city government that actively encourages the development of cooperatives and supports the progress of cooperatives. This award was given at the 77th West Java Province Cooperative Day (Harkop) Commemoration event in 2024, which was held at the Galuh Mas Street Carnival, Karawang Regency, Friday (12/7/2024). Acting The Governor of West Java, Bey Machmudin handed over the award to Acting. Garut Regent, Barnas Adjidin. Barnas said that this award is a source of pride that must be followed by clear steps in developing cooperatives in the future so that cooperative members are more prosperous. Barnas added that Harkop is not just a slogan, but needs to be promoted in Garut Regency. He emphasized the importance of education for regions and institutions so they can form cooperatives. "Cooperatives can be institutions that ward off detrimental actions such as online gambling and online loans," said Barnas. He hopes that the Head of the Garut Regency Cooperatives and Small Micro Enterprises (Diskop UKM) Service and his staff will continue to educate the public about cooperatives. "With rapid development, cooperatives must also be faster, not inferior to the current conditions. I hope that cooperatives can become an umbrella of protection for the residents within the cooperative itself," he hoped. The Governor of West Java, Bey Machmudin, in a West Java Public Relations press release, stated that the 77th Harkop commemoration in 2024 reflects the strategic role of cooperatives in accelerating the nation's efforts to get out of the middle income trap. According to him, cooperatives have an important role in developing the people's business ecosystem from micro businesses. to small businesses, and small businesses to medium businesses. According to him, cooperatives have become a solution to provide certainty in purchasing products, access to innovation and technology, partnerships and capital. Therefore, Bey hopes that more cooperatives will be able to provide technology and innovation to support a promising business ecosystem for the younger generation. "The cooperative spirit must be transmitted to the younger generation to create a more promising business ecosystem," he said. He emphasized that the more cooperatives that provide solutions in innovation, technology, partnerships, markets and capital, the faster MSMEs in Indonesia will move up in class. SOURCE
Jul, 15 2024
The Garut Regional Government expressed its appreciation to the PLN Group for its contribution through the Environmental Social Responsibility (TJSL) program in the development of Mount Guntur Beekeeping Tourism Education. This assistance is considered very beneficial for business continuity in Pasawahan Village. “Thank you to PLN. Hopefully it will be even more successful, and the people here will be more passionate about industrial culture. "This educational tourism can provide children with an understanding about honey," said Acting. Garut Regent, Barnas Adjidin (9/7/2024). Barnas also directly observed the honey processing process which was carried out quickly, precisely, hygienically and according to the needs of the community. He hopes that this potential will continue to be developed, by maintaining product quality and halalness. “This is not the beginning but a stage that must continue. "The government, society and the business world work together to continue what is expected," he added. General Manager (GM) PLN West Java Distribution Main Unit (UID), Susiana Mutia, explained that PLN's TJSL is a sustainable program. Mount Guntur Beekeeping Tourism Edu has been going through the TJSL stages for many years and is expected to achieve independence. "It was also stated earlier that we have already made a small profit, we will add new products, then you can be independent here, manage it yourself, and maybe then we will release it as an independent business," said Susiana. He also mentioned that the Mount Guntur Beekeeping Tourism Edu had received a Gold award at the 2023 Indonesia SDGs Award (ISDA) in the SDGs 8.9 Sustainable Local Tourism Development category. "This is clear evidence that this program has a significant positive impact on society," he concluded. SOURCE
Jul, 15 2024
Sumedang: Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said that downstreaming is one of the ways to create a source of state income to realize the goal of a Golden Indonesia in 2045. "So when I entered the government, President Jokowi immediately ordered us to immediately think of measurable comprehensive steps to realize investment in the downstream sector," Bahlil said in a public lecture at the Institute of Domestic Government (IPDN) in Sumedang, West Java, Thursday, July 11, 2024. Bahlil said the creation of added value is important to increase state revenues. Prior to downstreaming, nickel exports in 2017 only reached USD3.3 billion. Meanwhile, in 2023 or after downstreaming is implemented, the figure increases significantly to USD33.8 billion. This figure only comes from one to two nickel derivatives, not including Electric Vehicle (EV) batteries and electric cars. "In 2023, our export value from nickel downstreaming will reach USD33.8 billion. Up 10 times in just four to five years," he said. Investors must cooperate with MSMEs Furthermore, he revealed, his party has made a design for downstreaming both in the oil and gas sector, minerals and coal, plantations, fisheries, forestry and agriculture. "We create added value here, so as to create jobs. If jobs are created, downstreaming is built, state revenues rise, wages rise, salaries for civil servants also rise," Bahlil said. Therefore, Bahlil said, his party has encouraged that every investment that enters the region must collaborate with entrepreneurs and MSMEs in the region. "Regional people must be masters in their own country, not spectators. Please guide your friends who have just finished school to become entrepreneurs so that they can develop the regions and their economy can be controlled by themselves," Bahlil said. Meanwhile, IPDN Rector Hadi Prabowo revealed that downstreaming is a sustainable economic transformation process based on high value-added commodities to enter a more complex economic structure. "Downstreaming is expected to increase productivity, added value, so that we can be able to increase the value of the industrial supply chain then we can protect our commodities from price fluctuations then we can reach the top of the industrial tree and of course support the strength of the domestic economy," said Hadi. (SOURCE)
Jul, 12 2024
PORTALJABAR, BANDUNG CITY - The West Java Provincial Government continues to strive to increase economic growth in all sectors through increasing the investment sector. However, investment growth in West Java is currently not evenly distributed throughout the region. This is the case with investment growth in East Priangan which is considered to be lagging behind growth in other West Java regions. Therefore, West Java DPRD member Yod Mintaraga asked the West Java Provincial Government to encourage investment in the southern part of West Java. "Now investment is still juxtaposed, economic growth in southern West Java is still low, people's purchasing power is still low. Therefore, investment must be encouraged to South West Java," said Yod, last weekend. Yod said that one of the things that must be encouraged in East Priangan is the issue of connectivity or infrastructure. Infrastructure will be able to encourage and facilitate investors to invest well and easily. and easy. "If investment is encouraged to South West Java, the risk is that infrastructure development must also be encouraged to South West Java," concluded Yod. (SOURCE)
Jul, 12 2024
PORTALJABAR, BANDUNG CITY - The West Java Central Statistics Agency (BPS) recorded that the percentage of poor people in March 2024 was 7.46 percent, a decrease of 0.16 percentage points against March 2023 and a decrease of 0.52 percentage points against September 2022. BPS West Java also noted that the percentage of the urban poor population in March 2023 amounted to 7.19 percent, declining to 7.07 percent in March 2024. Meanwhile, the percentage of the rural poor in March 2023 was 9.30 percent, down to 9 point 07 percent in March 2024. West Java DPRD member Yod Mintaraga asked the West Java Provincial Government to continue to reduce and alleviate poverty with various programs, one of which is by increasing employment opportunities. "Poverty in West Java is partly due to the high unemployment rate which is also the cause of the large number of unemployed, if there is a lot of unemployment, the purchasing power is low," said Yod Mintaraga, when contacted some time ago. According to Yod, employment is very helpful for people to improve their welfare and to emphasize the unemployment rate in West Java which has a population of nearly 50 million. "To increase employment, investment in West Java needs to be encouraged towards employment so that unemployment decreases," he said. (SOURCE)
Jul, 12 2024
West Java Regional Secretary Herman Suryatman said the opening of the Purwakarta-Bandung-Cileunyi (Purbaleunyi) KM 149 and 151 toll gates in the Gedebage area, Bandung, will soon be accelerated. "We checked the field the other day with the Coordinating Ministry for Marves and the Ministry of Public Works, and we agreed to accelerate," Herman said in Bandung on Monday. As an acceleration step, Herman explained that he asked the Bandung City Government to conduct a traffic environmental impact assessment (EIA) study related to the opening of the toll gate. He asked that the EIA study be completed within a week, so that the Ministry of Transportation could immediately conduct a study to immediately decide, referring to the EIA results. "Hopefully with this careful study, with a feasibility study (FS) there will be a follow-up. Hopefully it can be accelerated, because our target is not to take long," he said. The road access is known to be strategic because it can be an important access to the GBLA Stadium, Al Jabbar Grand Mosque, Summarecon business and residential areas, to the Whoosh Tegalluar Fast Train Station, and to areas in eastern Bandung. Previously, the West Java Bina Marga Office said that the KM 149 Purbaleunyi toll gate still had to be repaired by involving the PUPR Ministry. Therefore, the KM 149 toll gate will be closed again starting in early 2024, after being functionally opened only during the day. "The target for the repair of exit 149 by the Ministry of PUPR is to complete construction in December 2024 and temporarily operate after a loading test," said Head of the West Java Bina Marga Spatial Planning Office Bambang Tirtoyuliono in the social media of the West Java Bina Marga Office about a month ago. (SOURCE)
Jul, 12 2024
The Department of Investment and One Stop Integrated Services (DPMPTSP) together with Bank Indonesia are collaborating to encourage economic growth in West Java through the investment side. In 2024, DPMPTSP and BI in the Regional Investor Relations Unit (RIRU), collaborate to organize an Investment Challenge. The Investment Challenge is an innovation from both of them in the form of holding a competition as part of an effort to increase the number of Investment Projects Ready to Offer in West Java. Head of West Java DPMPTSP Nining Yuliastiani said that in this first event, the competition was focused on exploring the potential of districts/cities throughout West Java. The series of activities include capacity building, preparing a business model canvas, preparing a pitch deck and pitch presentation. "The entire Investment Challenge event will produce two superior investment projects from the District/City which will have the opportunity to receive assistance facilities for preparing the Feasibility Study and Business Case," he said, quoted on Tuesday (9/7/2024). Furthermore, this facility also has the potential to continue to provide opportunities to participate in investment promotion activities with potential foreign investors, as well as assistance in carrying out business matching. In this Investment Challenge there are 3 selection stages, namely the top 10 best Business Model Canvas (BMC), the 5 best BMC and finally the 2 best BMC will be produced. The Investment Challenge event, Investment Roadshow is part of a series of road to West Java Investment Summit (WJIS) 2024 as a form of innovation and sustainable efforts from RIRU BI West Java together with the West Java Provincial Government to encourage the realization of West Java investment thematically to support sustainable economic growth. WJIS 2024 will be held in September or October 2024 with the theme "Unlock West Java Potential." The 5 regions that received the best investment proposal award were: Subang Regency, Purwakarta Regency, Sukabumi Regency, Ciamis Regency, Garut Regency. SOURCE
Jul, 10 2024
The Asia Africa Festival (AAF) 2024 on 6-7 July 2024 was lively and successful. This cannot be separated from the support, cooperation and prayers of all the people of Bandung City. "The 2024 Asia Africa Festival (AAF) was a success thanks to the support, cooperation and prayers of all employees and the people of Bandung City. Yesterday two days in a row went smoothly and successfully," said the Acting Regional Secretary (Sekda) of Bandung City, Dharmawan, Monday (8/7/2024) He considered that holding AAF was not only a momentum to remember the history of the Asian-African Conference (KAA) but also a form of pentahelix concern and collaboration between the government, entrepreneurs, academics and media as well as society which had been well developed in the city of Bandung. "This shows us that holding AAF is not only a momentum to remember the history of KAA but also as a form of concern, especially support from the Bandung city government and the community, that collaboration is going well," he said. Dharmawan said that holding AAF could also be a momentum for increasing investment in the city of Bandung. This is proven by the increasing occupancy rate and tourist visits to the city of Bandung. This can also be a momentum to boost the rate of economic growth in the city of Bandung. "We hope that holding AAF will be a momentum for increasing investment. The city of Bandung is a city full of hope in economic development," he said. "We need to intensify this, because one of the macro indicators is the rate of economic growth," he said. Not only that, AAF 2024 is also a series of the 214th Anniversary of the City of Bandung. So the momentum for the success of holding this AAF must be an inspiration for holding other HJKB series. "This is a form of collaboration from all stakeholders, all of whom directly support this process. I appreciate the solidity and solidarity of all regional officials so that the implementation runs well and smoothly," he said. SOURCE
Jul, 10 2024
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