Bisnis.com, BANDUNG - The West Java Investment and One-Stop Integrated Service (DPMPTSP) will discuss several crucial issues with the industry at the West Java Investment Summit (WJIS) 2024. West Java DPMPTSP Head Nining Yuliastiani said this year's WJIS also aims to align labor needs with industry needs in a discussion session. In this session, experts and stakeholders discussed the importance of aligning workforce skills with the evolving needs of the industry. “This discussion highlights the need for education and training programs that are relevant to the latest technologies and innovations, so that West Java's workforce can meet market demand and support investment growth in strategic sectors,” he said Monday (26/8/2024). In addition, supply chains will also be the subject of strategic discussions that focus on strengthening partnerships between MSMEs and large industries. This session discusses how MSMEs can partner with large companies to create a more inclusive and dynamic business ecosystem. “The government and private sector are expected to work together in providing access to technology, financing, and markets for MSMEs, so that they can contribute more to the industrial supply chain,” he said. According to him, WJIS 2024 is not only a platform to promote new investment opportunities in West Java, but also to strengthen collaboration between the government, private sector, and the community. “With a focus on innovation and sustainability, West Java is ready to welcome the future as one of the most promising investment destinations in Indonesia,” he said. It is planned that the strategic projects presented and discussions that took place at WJIS 2024 will be the foundation for the province's future economic growth, creating long-term benefits for all stakeholders. SOURCE
Aug, 26 2024
The 37.05 km Patimban Access Toll Road in Subang Regency, West Java, is currently still under construction. Of the total 37.05 km, 22.94 km of toll road construction is the government's portion, while the remaining 14.11 km is built by the Toll Road Business Entity (BUJT). The 22.94 km government portion is divided into four packages, namely package I for 7.69 km, package II for 6.2 km, package III for 5.5 km, and package IV for 3.55 km. Regarding the construction progress, package IV has begun to carry out structural work such as bore piles, spun piles, footings, columns; as well as earthwork such as excavation and compaction of special materials (selected materials). Meanwhile, for packages I, II and III, site clearing, earthwork, and structural work have been carried out. Head of the West Java Province Freeway Implementation Unit (Satker PJBH), Yuanita Kiki Sani, explained that currently the BUJT portion, namely the Cipeundeuy Junction (JC) to the Pasir Bungur Interchange (SS), is still in the land acquisition stage. Meanwhile, for the government portion, namely SS Pasir Bungur to Patimban, the construction progress has reached 23.250 percent. “Hopefully, with the Patimban toll road, connectivity and logistics flow will be smoother, export activities from the Cikarang-Cibitung-Karawang industrial area will increase, and it can support the development of the Subang Regency area and its surroundings,” he said as quoted from the Ministry of PUPR's Directorate General of Highways page on Saturday (24/8/2024). For information, the Patimban Access Toll Road has an investment value of Rp 5.02 trillion with a 50-year concession period. The construction of this toll road is targeted to be completed in 2025. The construction of this toll road is one of the National Strategic Projects (PSN) to support accessibility to and from Patimban Port. The Patimban Access Toll Road will also be connected to the Cikopo-Palimanan (Cipali) Toll Road at the Cipeundeuy Junction located at KM 89+475. SOURCE
Aug, 26 2024
The West Java Provincial Government (Jabar) announced plans to operate two new toll booths, namely KM 149 toll exit and KM 151 toll gate (GT) on the Padalarang-Cileunyi (Padaleunyi) Toll Road, which are targeted to start operating in early 2025. This step is expected to provide better access to the Gedebage area, Bandung City, and surrounding areas. Head of the West Java Bina Marga and Spatial Planning Agency (DBMPR), Bambang Tirtoyuliono, said the opening of this toll gate is urgent to reduce traffic congestion that often occurs in the Gedebage area. “KM 149 will be functioned first. There is some structural damage at that point that is being repaired, but we are sure everything will be ready in early 2025,” Bambang said, Sunday (25/8/2024) as reported by Antara. On the other hand, the KM 151 toll gate is in the stage of location determination and social technical planning. “We are targeting the two toll gates to be fully operational by 2025. This is important so that connectivity with national strategic projects such as the Jakarta-Bandung High Speed Rail (KCJB) can be optimized,” Bambang added. However, there are challenges to be faced regarding access to the KM 151 toll gate. Bambang revealed that ideally, road widening is needed to accommodate the expected increase in vehicle volume. “Cimencrang Road, which is currently a city road, does need widening. However, the cost of land acquisition there is quite high. We will try to find the best solution,” he said. The KM 149 toll gate and KM 151 toll gate are projected to be important access to a number of strategic locations, including the Gelora Bandung Lautan Api Stadium (GBLA), Al Jabbar Grand Mosque, Summarecon business and residential areas, and the Whoosh Tegalluar High Speed Rail Station. West Java Provincial Secretary Herman Suryatman stated that the West Java Provincial Government continues to coordinate with various related parties, such as the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves), the Ministry of Public Works and Public Housing (PUPR), Jasa Marga, and other stakeholders to support the smooth running of this project. “With close cooperation between the government, the business world, and the community, we are optimistic that all development programs in West Java can run quickly and on target,” Herman said. It is hoped that the accelerated operation of these two toll gates can facilitate traffic flow in the area, as well as encourage local economic growth. “Better infrastructure will make the Gedebage area develop into a more dynamic center of economic and social activities,” he concluded. With this new infrastructure, West Java is ready to welcome new developments that not only facilitate mobility, but also improve the quality of life of the community. SOURCE
Aug, 26 2024
SUBANG, TINTAHIJAU.COM - After successfully entering the top 5 Best Project Investment Challenge 2024, Perumda Tirta Rangga Subang is now aiming for the title of The Best Project Investment Challenge 2024. To get to the best title, the Bank Indonesia Team and West Java DPMPTSP conducted an investment challenge 2024 field visit to Subang Regency. The team's first visit was to the Perumda Office on Jl. Darmodihardjo, Subang. Deputy Director of Bank Indonesia West Java, M. S Santoso revealed that the project at Perumda is one of the triggers for a bigger trigger because Subang Regency is the best contributor to investment in West Java. “Related to that, we from BI held an Investment Challenge activity, where each district in Jabr submitted its best investment, and one of them is Subang which has entered the top 5, later it will be contested into the top two,” said Santoso. The top five Project Investment Challenge 2024 is a collaboration between Bank Indonesia and DPMPTSP, Patimban SPAM Project in Subang, Jatiluhur SPAM Project in Purwakarta, rice to rice processing project in Sukabumi, integrated chicken industry project in Ciamis, and tourism development project in Situbagendit in Garut Regency. By holding the title of The Best Project Investment Challenge 2024, Perumda can prioritize the handling of proposal preparation, including facilities in terms of promotion, so it is very easy to offer to investors. “With a lot of investment coming in, this is one of the drivers of the economy, because with investment, it will move sectors, there will be a food and beverage accommodation sector, the trade sector will come in,” said Santoso. Director of Perumda Tirta Rangga Subang, Lukmanul Hakim emphasized that the visit of the Bank Indonesia Team and West Java DPMPTSP sparked optimism that Perumda could enter the top two in the 2024 Project Investment Challenge. “Because this Patimban project is supporting the national strategic project, so clean water is a vital need, and in this Port area there is Industry, and this Perumda is the only clean water operator to Patimban and to the industrial area,” said Lukman. Lukman emphasized that this project is the entrance for investors to Subang Regency, especially to Perumda Tirta Rangga Subang. Lukman emphasized that Perumda itself now needs a lot of tools to handle clean water supply problems. “Because in addition to Patimban, we will offer a lot, we need technology to deal with turbidity, leakage problems and digital clean water, we cannot be alone because there are 6 industrial areas that certainly need clean water,” he explained. SOURCE
Aug, 23 2024
BANDUNG CITY - The Office of Investment and One-Stop Integrated Services (DPMPTSP) with the West Java Representative Office of Bank Indonesia, again held the West Java Investment Summit (WJIS) 2024. The WJIS was held with the main objective of attracting both domestic and international investors, to invest in West Java (Jabar). This activity has been held since 2019, with different themes in accordance with the direction of West Java's development. WJIS activities also feature various projects that are ready to be offered to domestic and foreign investors, from various leading sectors in West Java. More than just a promotional event for investment projects, WJIS also focuses on encouraging inclusive and sustainable development issues. Through WJIS, West Java hopes to expand investment outreach, strengthen regional competitiveness, and contribute to economic progress at the national and international levels. Since it was first held in 2019, the collaboration between the West Java Province PMPTSP Office and the West Java Representative Office of Bank Indonesia has made the West Java Investment Summit (WJIS) an important event in attracting investment flows to West Java. Every year, WJIS not only attracts local and foreign investors, but also confirms West Java's position as a major investment destination in Indonesia. The West Java Investment Summit (WJIS) since 2019 has become an important event in attracting investment, with various strategic projects introduced each year. At WJIS 2019, high participation from foreign and domestic investors reflected the great confidence in West Java's potential. Despite the Covid-19 pandemic, WJIS 2020 continued to be held virtually, adjusting the focus on important sectors such as healthcare, digital infrastructure, and renewable energy to support economic recovery. In 2021, the WJIS theme shifted to sustainable economic recovery and technological innovation, while 2022 emphasized collaboration between the government and the private sector, especially in renewable energy projects and green industrial park development. In 2023, interest from international investors, particularly from East Asia and Europe, intensified, strengthening West Java's position as a global investment destination. WJIS 2024 returns with the theme “Unleashing West Java Investment Potencies”, by carrying out this theme West Java seeks to optimize all the potential and investment opportunities owned by West Java. SOURCE
Aug, 23 2024
BANDUNG - The West Java Provincial Government continues to support the growth of 17 creative economy subsectors, including the development of applications, games, and animation. One form of support is realized in the COFEX (Conference & Exhibition) activity at Gedung Sate, Bandung City, August 21-24, 2024. The activity is a matchmaking momentum where ecraf actors can interact with industries, investors, business partners, or other stakeholders to open up opportunities for cooperation and investment. The event is packaged in a conference and exhibition or showcase of the application, game and animation subsectors. Head of the Tourism and Culture Office of West Java Province Benny Bachtiar said that the ecraf sector is one of the pillars driving the economy in West Java. Therefore, the presence of COFEX is expected to have a positive impact while strengthening the position of ekraf as a strategic sector in economic development by relying on pentahelix collaboration. “West Java is the leading province in creative economy development. Where the contribution of West Java ecraf GRDP contributed 20.73% to the national ecraf GRDP. Of the 17 ecraf subsectors, West Java has many superior potentials, one of which is animation, application and game developers,” said the Head of West Java Tourism and Culture representing PJ West Java Governor Bey Machmudin at the opening of COFEX, Wednesday, August 21, 2024. “This activity is expected to explore new potentials, facilitate strategic partnerships, and encourage the creation of brilliant innovations that can elevate the image of West Java in the creative industry arena,” he added. The presence of COFEX was also appreciated by the Coordinating Ministry for Maritime Affairs and Investment (Kemenkomarves) through Assistant Deputy for Creative Economy Development Liz Zeny Merry. She hopes that this program can become a medium for collaboration and bring benefits to the West Java economy. “Appreciation for the event carried out at the initiation of the West Java Provincial Government in organizing the COFEX Application, Game and Animation event. I appreciate it because this is the future. The hope is that this event can establish collaboration between the game industry, large manufacturing industries, and create energy that brings benefits to the economy in the future, especially in West Java,” he said. In addition, this program is also implemented in order to support the acceleration of national game development in accordance with the mandate of Presidential Regulation Number 19 of 2024. This is also an effort to increase the partnership of creative economy players with the industrial world, and provide real support for the Proud to be Made in Indonesia campaign. “It is hoped that this activity can be a strategic step in answering the challenges of employment and the economy in West Java and preparing institutional human resources who are better prepared to face the future through new opportunities. After the implementation of COFEX, a relationship was established between large industries and creative economy players, especially the application, game and animation subsectors. We believe that the existence of these subsectors can accelerate the existing industry,” said the Head of Tourism Industry at Disparbud Jabar Rispiaga as the Chief Executive of COFEX Activities. COFEX 2024 was filled with seminar sessions related to the application, game and animation subsectors delivered by a number of expert speakers from Ainaki-Ayena Studio, Halofina (PT. Acceleration of International Education). Nightspade, AstraTech, Indigo, and automa.id. Furthermore, participants can also see exhibitions and demonstrations from five game studios, five animation studios, five application startups, and present a gameboard startup from West Java with the theme of gamification. The event was also enlivened by a performance from the Parahyangan Orchestra (Parchestra) of Parahyangan Catholic University (UNPAR) which performed game music soundtrack scores as a music subsector that supports the game industry. Also present at this event were representatives from the Ministry of Tourism and Creative Economy (Kemenparekraf RI) and representatives from the Indonesian Ministry of Defense. This event is also a series of activities from the excitement of West Java Festival 2024. SOURCE
Aug, 22 2024
Majalengka (ANTARA) -Bernardus Djonoputro, Managing Head of the Rebana Area Management Agency, said that the Rebana Metropolitan agglomeration area, which covers seven cities/regencies in West Java, is a new economic driver in the industrial sector for the province. “The Rebana area covering Cirebon City, Cirebon Regency, Indramayu Regency, Majalengka Regency, Kuningan Regency, Subang Regency and Sumedang Regency is a new meeting pole for the economy in West Java,” Bernardus said in Majalengka, West Java, Wednesday. He explained that of the 13 industrial estates covering 43 thousand hectares that are being developed in Rebana Metropolitan, seven of them have shown significant progress, especially in the East Cipali and Kertajati-Jatitujuh areas in the last two years. According to him, investment activities in this area have also been going well and are expected to increase in the coming years. Based on the latest data collection in 2024, his party noted that investment realization in Rebana Metropolitan increased by around 8.5 percent compared to 2023. In addition, he said that the region's economic growth was already at 5.8 percent and this achievement was in accordance with the set target. “We estimate the rapid growth of industrial estates in 13 industrial estates in the Rebana region. With an average area of 200 hectares per area, it is estimated that it can create 40 thousand new jobs,” he said. Bernardus said that the development of industrial estates in the region can be accelerated because it is supported by infrastructure such as Kertajati Airport and Patimban Port, which are part of the National Strategic Project according to Perpres 87/2021. In addition, he revealed that the industrial estate only occupies around 5 percent of the total land area in Rebana, so the rest can be allocated for green open space (RTH) and other needs to maintain the feasibility of housing in the area. He added that each local government in the region acts as the Supervisory Board of the Rebana Area Management Agency, so that the development of industrial sites can be carried out properly. “We strive for the Rebana area to become a new inclusive growth center, with integrated housing designed to meet the needs of the workforce,” he said. SOURCE
Aug, 22 2024
Kertajati Aerotropolis in Majalengka Regency will soon become a new economic corridor in West Java. This project is expected to change the face of the regional economy, strengthening the industrial, tourism, and logistics sectors in the region. Head of the Rebana Management Agency (BP) Bernardus Djonoputro said that the old corridors in Bekasi, Cikarang, and Karawang were too heavy due to several factors. Among other things, swollen logistics costs, high pollution levels, and a decrease in the quality of human resources (HR). “In the old corridor, the increase in slums, congestion, and people there have difficulty getting a decent place to live. We have to shift to the new corridor,” said Bernardus in the FGD on the Launch of the New Industrial City of Kertajati Aerotropolis, Majalengka, Wednesday (21/8/2024). The existence of Kertajati Aerotropolis is supported by adequate infrastructure, including toll road access and public transportation directly connected to Kertajati Airport. Bernardus said that Kertajati Aerotropolis will be introduced at the West Java Investment Summit (WJIS) on September 19, 2024 in Bandung City. In the meeting, the development of Kertajati Aerotropolis aims to increase West Java's economic development and improve infrastructure in the Rebana Region through a specific development plan. “Industries that cannot grow because they are in dense areas, they will move to this new industrial city,” said Bernardus. It is known that Majalengka Regency will receive the most economic effects compared to other Rebana regions. Currently, Majalengka's economic activity has been stretched. In this new industrial city, the Majalengka Regency Government has also prepared itself with human resources intended for industrial growth through the establishment of Polman Campus 2. Apart from Majalengka, Rebana Metropolitan also includes Sumedang, Cirebon, Subang, Indramayu, Kuningan, and Cirebon City. The area is projected to be the driving force of West Java's future economic growth through the development of an integrated, innovative, collaborative, highly competitive, and sustainable industrial area. By 2030, the West Java Provincial Government seeks to increase the rate of economic growth to 10%, investment value growth to 17%, and create approximately 4.3 million new jobs. SOURCE
Aug, 22 2024
TRIBUNJABAR.ID, MAJALENGKA - The Rebana or Cirebon-Patimban-Kertajati economic sector grew by around 5.8 percent. The economic growth rate of the Rebana region, which exceeds 5 percent, is claimed to be higher than the West Java and national averages. Bernardus Djonoputro, Managing Head of the Rebana Area Management Agency (BP), said that the figure which was above the West Java and national averages made the Rebana area's economic growth rate record a positive trend. “The function of the Rebana area as a growth city has been running, even relatively fast, because the figure is above the West Java and national averages,” said Bernardus Djonoputro when met after the Focus Group Discussion (FGD) Launching the New Industrial City of Kertajati Aerotropolis for the Planned Development of Industrial-Based New Cities in Majalengka Regency, Wednesday (21/8/2024). Bernardus said that investment realization in the Rebana area in the first semester of 2024 also increased by 8.5 percent compared to last year, creating many new jobs. He is optimistic that the Rebana area will be transformed into a new economic pole for West Java in the future as planned. Moreover, 13 new industrial-based residential areas have also grown well in the Rebana area in the last 1.5 years to two years. “Seven of them already have economic activities, and we noted that there are two industrial-based residential areas with very intense activities,” said Bernardus Djonoputro. The two areas are East Cipali in Subang Regency, and the Kertajati - Jatitujuh area in Majalengka Regency. The two areas are also very promising progress along with the large value of investment that has entered the East Cipali and Kertajati - Jatitujuh areas. “Therefore, at the moment of West Java's 79th Anniversary, we are ready to launch these two areas as a story of progress in the Rebana region,” said Bernardus Djonoputro. SOURCE
Aug, 22 2024
The Investment and One-Stop Integrated Service Office (DPMPTSP) of Bandung City, West Java, recorded that investment realization in the Flower City reached Rp6 trillion at the end of the second quarter of 2024, or 82.32 percent of the annual target set at Rp7.3 trillion. “This amount was achieved quite significantly thanks to the efforts of friends from DPMTSP Bandung City who continue to make efforts to achieve investment realization of up to Rp6 trillion by the end of the second quarter of this year,” said Head of DPMPTSP Bandung City Ronny Ahmad Nurudin in Bandung, Wednesday (21/8/2024). 1. Transportation and warehousing dominate Ronny said the Rp6 trillion investment was dominated by the transportation, warehousing, and telecommunications sectors, which accounted for Rp2.9 trillion. “Bandung is a service city, so the transportation sector, telecommunications warehouses still dominate. The second is other services, the third is the chemical and pharmaceutical industry, then hotels and restaurants, the last is the housing sector, industrial estates and offices,” he said. He revealed that until the end of the second quarter of this year, the realization of domestic investment (PMDN) dominated investment in Bandung City by contributing Rp4.1 trillion, while the category of foreign investment (PMA) reached Rp1.9 trillion. “Most foreign investors have operational business activities so that the additional investment is not too significant,” he said. 2. Ease of investment continues to be improved Ronny said there are several factors that make foreign and domestic investors interested in investing in Bandung, one of which is the ease of service provided by DPMPTSP for potential investors. “We also provide OSS assistance services, Sakedap (Facility Anjungan Kemudahan Perizinan) services in sub-districts and market industry centers for micro businesses,” Ronny said. 3.Confident that the year-end target will be met Furthermore, he said that with the achievement of investment realization at the end of the second quarter of 2024 which had reached 82.32 percent, his party was optimistic that investment in Bandung City could exceed the predetermined target. “We are very optimistic, even though we also get additional targets from the province, but hopefully we will continue to work together with business people in Bandung,” he said. SOURCE
Aug, 22 2024
Majalengka (ANTARA) -The manager of Kertajati Industrial Estate Majalengka (KIEM) said there were seven investors from within and outside the country, who had invested in one of the industrial allotment areas in Majalengka, West Java. “The investment value that we recorded only in terms of land purchases in this industrial allotment area reached Rp40 billion,” said Reni Anggarwati, Marketing Section of KIEM Management in Majalengka, Wednesday. She explained that the seven investors consisted of one foreign investment (PMA), and six domestic investments (PMDN) that had committed to pouring funds into the area. The industrial estate in Majalengka, she said, covers an area of 400 hectares designed to accommodate various industrial sectors such as food processing, shoes, steel, concrete to manufacturing. Reni said that the area is part of the development of the Rebana Metropolitan area, whose provisions are regulated in Presidential Regulation Number 87/2021. “We only started moving in 2024, so the total investment value will only be seen next year. However, if you refer to reports, investment in this area is one of the highest,” he said. Although the development of this industrial area was hampered by the COVID-19 pandemic, he is optimistic that there will be a more significant surge in investment value in the next few years. Regarding the potential for labor absorption, Reni explained that after seven investors enter, it is estimated that there will be around 20,000 workers absorbed, but the recruitment process is carried out in stages. She also emphasized the importance of cooperation from the management of the Rebana area, provincial and regency governments, and all related sectors to ensure that the local community can take advantage of job opportunities at this industrial site. “The number of workers absorbed can reach 20,000 people. However, this will be done in stages, and it is a common homework to prepare a suitable workforce,” he said. SOURCE
Aug, 22 2024
Bisnis.com, BANDUNG - The West Java Provincial Government is again holding the West Java Festival (WJF) 2024 which is an important moment in showing how much potential West Java has ranging from culinary, MSMEs, cultural arts, and various other local wisdom. The annual event which this time marks the 79th Anniversary of West Java Province, which is commemorated every August 19, is also expected to be a means of entertainment for the community. Regional Secretary of West Java Province Herman Suryatman hopes that this event will also stimulate the economy of West Java. “Watch, follow the West Java Festival 2024. God willing, it will make us all happy. No less important, WJF reminds us how extraordinary West Java's potential is, starting from culinary, MSMEs, cultural arts, and others. It is hoped that this event can also stimulate the West Java economy,” he said on Sunday (18/8/2024). The series of WJF activities carried out start from music concerts, cultural festivals, culinary festivals, exhibitions, seminars, MSME festivals, and other interesting activities, which are also enlivened by 27 regencies / cities throughout West Java. With the theme of the West Java Festival 2024 entitled Harmony of Collaboration, the West Java Provincial Government will also encourage the spirit of collaboration in various aspects of development. Through various series of activities that will take place on August 23-24 in the Gedung Sate area, WJF is expected to also attract local and foreign tourists, as well as further introduce West Java to the public. “Many activities will be held. There are bazaars, discussions, seminars, and so on, including music concerts,” Herman said. “West Java Festival 2024, entitled Harmony of Collaboration, with the spirit of togetherness we build West Java,” he concluded. SOURCE
Aug, 19 2024
Jakarta: PT PLN (Persero) and Saudi Arabian energy company ACWA Power are developing the Saguling Floating Solar Power Plant (PLTS) project with a capacity of 92 Megawatt peak (MWp) located in West Java. Both companies have signed a Power Purchase Agreement (PPA). The Ambassador of Saudi Arabia to the Republic of Indonesia, Faisal Bin Abdullah Al-Amudi, said that this renewable energy development cooperation is a bilateral relationship at the strategic level initiated by the leaders of Indonesia and Saudi Arabia. He assessed that this collaboration would improve the economy of the two countries. “The Kingdom of Saudi Arabia, as you know, is the largest economy in the Middle East region and Indonesia is the largest economy in Southeast Asia. Both countries have great potential in terms of investment, on this occasion we also invite investors to be able to increase investment in Saudi Arabia and Indonesia,” Faisal explained in a written statement, Thursday, August 15, 2024. PLN's strategic steps PLN President Director Darmawan Prasodjo explained that this strategic step was taken by the company in its efforts to support the increase in the utilization of new renewable energy (EBT) in line with the energy transition agenda in Indonesia. “The earth is warming up, and we are shifting from fossil fuel-based development to renewable energy-based development. The energy transition policy to renewable energy is underway and will be announced at COP29 in Azerbaijan with 75 percent of additional capacity coming from renewable energy,” Darmawan said. Darmawan continued, with large investment needs, of course PLN will not be able to do this alone. According to him, this is a global challenge that requires global solutions and global collaboration. The signing of this PPA is proof that the previously fragmented global community is now united. “Global warming offers great challenges, but it also provides tremendous opportunities, opportunities for growth, opportunities for collaboration, whether in strategy, technological innovation, or joint investment. We want to ensure that future generations have a better future than ours. And it all starts through this extraordinary collaboration,” Darmawan said. Darmawan said that later when operating the Saguling Floating Solar Power Plant located in the Saguling Reservoir in West Java, it has the potential to reduce carbon emissions by 120 thousand tons per year. PLN Indonesia Power, a subholding of PT PLN (Persero) will control a 51 percent stake and the rest will be owned by ACWA Power. “We really appreciate ACWA Power for signing the PPA. This is just the beginning and is a symbol that opens up opportunities for much greater cooperation between Saudi Arabia and Indonesia,” Darmawan continued. Green energy potential Meanwhile, ACWA Power Chief Executive Office, Marco Arcelli said that Indonesia is a country with abundant green energy potential. ACWA Power emphasized its readiness to work with PLN to develop green energy in Indonesia. “In countries with high population density, floating solar PV or 'floatovoltaics' serve as the best solution for utilizing solar energy. Indonesia's vast seascape and abundant sunlight present great potential for this project,” Marco said. “We look forward to working with our partner, PLN, to contribute to the country's vision of increasing renewable energy capacity,” Marco said. SOURCE
Aug, 16 2024
HIMPUNAN Pengusaha Muda Indonesia (Hipmi) Cianjur Regency, West Java, assesses that the investment climate in Cianjur is showing an increasing trend. This condition is supported by the local government's policy on the ease of business licenses. Chairman of BPC Hipmi Cianjur Regency, Andi Burdah Zawahir, explained that the recent increase in investment value was supported by the small and medium business license (IUMK) and the emergence of new trades such as malls and franchises. These sectors have contributed to investment growth in Cianjur Regency. “If you look at investment growth, based on the data, it has indeed increased quite rapidly. Especially in the last three years during the leadership of Regent Herman Suherman,” he explained, Thursday (15/8). Data from the Cianjur Regency Investment and One-Stop Integrated Service (DPMPTSP) Office, in 2021 investment realization reached 104.43% or Rp1,900,774,252,100 of the target of Rp1,820,000,000,000. Then in 2022, from the target of Rp1,640,000,000,000 realized atRp1,747,988,855,000 or 106.58%. Meanwhile, in 2023, from the target of Rp1,656,400,000,000, Rp1,802,406,639,556 was realized or 108.81%. Meanwhile this year, during the January-July period, investment realization has reached Rp1,172,240,809,204 of the target of Rp1,820,061,327,000 or 64.41%. “Every year for the last three years, investment realization has always exceeded the target,” he said. Andi saw that the rapid achievement of investment growth was directly proportional to the support of regional leadership policies. Coupled with various service innovations that make investors comfortable investing in Cianjur Regency. “This achievement is made possible by the regulation of the ease of business licenses. In fact, DPMPTSP goes directly to the field to provide licensing assistance,” he said. However, he acknowledged that behind the positive progress of investment achievements, there are certainlythere are still shortcomings. Therefore, in the future the local government through technical regional apparatus needs to improve these various shortcomings. “The important thing to do at this time is the leadership figure of the regional head. Because, investment requires legal certainty. For example, about regional spatial planning. Now the spatial regulation in Cianjur Regency has been completed. This is an opportunity to attract investment. Who is the fastest, will get the fastest investment,” he said. Cianjur Putra Indonesia University (UNPI) Economic Observer, Irfan Sophan Himawan, assessed that the rapid pace of investment during the leadership of Cianjur Regent Herman Suherman was an indicator that the policies taken had succeeded in creating a conducive investment climate. “This includes improving infrastructure, simplifying bureaucracy, and providing incentives for investors.providing incentives for investors. All of these are attractive to domestic and foreign investors,” said Irfan. SOURCE
Aug, 16 2024
Karawang - Investment realization in the first semester of 2024 in Karawang Regency reached IDR 37.4 trillion, the Regional Government is optimistic that it will exceed the target set by the Investment Coordinating Board (BKPM). Head of the Karawang Regency Investment and Integrated Services Office (DPMPTSP) Wawan Setiawan explained that the first semester investment realization this year had reached 78 percent. “Alhamdulillah, for this year, in the first semester of 2024, we have reached 78 percent of investment realization, or a total of Rp37.4 trillion,” said Wawan, when contacted by detikJabar, Thursday (15/8/2024). Apart from sharing programs, said Wawan, the factor for investment realization in Karawang Regency is quite high, due to the large number of investments from battery manufacturers for electric cars and motorbikes. “Yes, apart from the program, the main factor may also be because we are attracting investors, one of which is an electric vehicle battery factory from Korea which was inaugurated yesterday by President Jokowi,” he said. In addition, it also lures other investors, starting from B3 waste management, so that these companies present tenants who might support the sale of the electric vehicle battery company. “Apart from Korean companies, companies from China are also investing in the same field,” he added. Meanwhile, Karawang Regent Aep Syaepuloh also admitted that he was optimistic that investment realization would exceed the target, so that in the future the development of Karawang must also be more advanced. “We are even supported by various infrastructures, such as access connectivity, from toll roads, to fast train stations. So we are optimistic that every year we will exceed the investment realization target,” said Aep, when contacted by detikJabar. Aep further explained, the realization must also go hand in hand with massive employment, so that the welfare of the community also increases. “This investment realization must of course also go hand in hand with significant employment, and to date based on reports the employment rate has also increased along with that the welfare of the community has also increased,” he concluded. SOURCE
Aug, 16 2024
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