Bandung (ANTARA) - Regional Secretary (Sekda) of West Java Province, Herman Suryatman, requested that mapping of land and farmers as potential recipients and prospective locations (CPCL) for the water pump program for rainfed rice fields in West Java be completed by April 25 2024. After completing the data collection, Herman said that the West Java Provincial Government would immediately submit the documents to the Ministry of Agriculture, which would distribute 5,000 pumps to irrigate 50,000 hectares of rain-fed rice fields in West Java. "So in a meeting with the Regional Secretary last Friday (19/4), it was requested that by April 25 2024 the target for CPCL data collection would be complete and we would send it to the Ministry of Agriculture so that West Java could execute the water pump network program for 50,000 hectares or 5,000 pumps," said Herman Suryatman when confirmed in Bandung, Saturday. Currently, said Herman, the mapping that has been submitted from districts and cities only covers 13,000 hectares or is only covered by around 1,300 pump units, where one pump can irrigate 10 hectares of rice fields. "That's why next week we have to finish collecting data for 50,000 hectares. But we still have to be accountable, that's why the Prosecutor's Office, Polri and TNI are involved to make this pumping program a success," said Herman. In this pumping program, initially the Ministry of Agriculture only provided 2,500 pumps for 25,000 hectares of rice fields. However, because the program was running well in West Java, the Ministry of Agriculture finally provided an additional 5,000 pumps. "The Ministry of Agriculture has provided 2,500 pumps, then because the field is good the Ministry of Agriculture will add another 2,500 pumps for a total of 5,000 pumps for 50,000 hectares of rain-fed rice fields," he said. With this pumping, Herman hopes that West Java's agricultural productivity will increase because farmers will be able to harvest twice a year. "So far, the harvest is only once a year, with pumping, there are two harvests," said Herman. (SOURCE)
Apr, 22 2024
Acting Mayor of Banjar, Dr. Hj. Ida Wahida Hidayati, S.E., S.H., M.Sc., attended the Food Security and Agricultural Productivity Coordination Meeting in West Java, located in the West Hall of Gedung Sate, Bandung City. Thursday (18/04/2024). The Coordination Meeting was opened directly by the Acting Governor of West Java, attended by the Inspector General of the Ministry of Agriculture of the Republic of Indonesia, Special Staff of the Minister of Agriculture of the Republic of Indonesia for Agricultural Policy, Forkopimda of West Java Province, and attended by the Regional Secretary of West Java Province, the Regents/Mayors of all West Java, Police Chiefs throughout West Java, Dandim throughout West Java, Kajari throughout West Java, and Head of the Agriculture and Fisheries Food Security Service in West Java. In the meeting, Acting Governor of West Java Bey Machmudin conveyed the need to increase production of rain-fed rice fields to achieve the grain production target of more than 11 million tons this year. "There needs to be instruments to maintain water availability, including pumping. "However, pumping recipients must be clear and on target, so I ask the Regency/City Government to map the land and its location," he said. Apart from that, according to Bey, coordination is needed with the TNI/Polri to maintain the pumping program. If necessary, each pumping device has a GPS embedded in it or uses digital monitoring. "Also maximize West Java warehouse and distribution center receipts as an instrument for controlling food stocks and prices," he stressed. Inspectorate General of the Ministry of Agriculture, Komjen. Setio Budi said that the TNI and the ministry had worked together for the pumping program, including for the West Java region which received 2,500 points. A total of 201,702.6 hectares of rainfed rice fields and several irrigated rice fields will be the target of pumping according to priority, so he asked the West Java Provincial Government to immediately submit a map of the location and land of which farmers are entitled to receive pumping. "I hope there will be acceleration in West Java because until April 15 2024, of the total area of rainfed rice fields, only 5,630 hectares have started to accelerate planting, the number is still very small," explained Setio Budi. Met after the activity, Pj. The Mayor said that Banjar City is a unique city, where the agricultural sector still has quite large areas of land and most of the population works as farmers. For this reason, the Acting Mayor emphasized that Banjar City is committed to continuing to improve the existing agricultural sector. "We are committed to supporting West Java's target of becoming one of the national food self-sufficient regions. "We work together with all stake holders to make it all happen," he said, after attending the Coordination Meeting. (SOURCE)
Apr, 22 2024
DISKANAK - The Sukamaju Village livestock group, Rancakalong District, is preparing a cage for 500 DOC Sentul chickens. These chickens are assistance from the West Java Provincial Government for breeders in Sumedang. According to the Head of the Sumedang Regency Fisheries and Livestock Service (Disanak), Tono Suhartono, this assistance came from assistance from the West Java Provincial Government. "The assistance for 500 DOC chickens from Sentul is currently still being processed, however the group already knows about it so they are expected to start preparing the cages," explained Tono, Saturday, April 20 2024. Tono explained that Sentul chickens were chosen because this type of chicken has several advantages, including easy feeding, resistance to disease, easy maintenance and at 20 weeks of age it can produce eggs every day. Tono also hopes that the assistance of 500 DOC Sentul chickens can be put to good use by the Sukamaju Rancakalong Village livestock group. "Of course, we also hope that this assistance will help stimulate the livestock sector, especially in Sukamaju Village, which in turn can also increase people's income. (SOURCE)
Apr, 22 2024
Jakarta, InfoPublik – PT Hutama Karya (Persero) scored a net profit of IDR 1.8 trillion in its 2023 audited financial report as of March 30 2024, growing 521 percent compared to the previous year or year on year (yoy). "The company's revenue also showed good performance until the end of 2023, namely IDR 26.93 trillion or an increase of 11.81 percent, when compared to the same period of IDR 24.08 trillion," said the Main Director of Hutama Karya, Budi Harto, in his statement as quoted on Wednesday. (17/4/2024). Budi Harto explained that this profit gain was a turning point for the comprehensive transformation carried out by this State-Owned Enterprise (BUMN), starting from financial aspects, business development and investment. "One of the corporate actions carried out is asset recycling which was carried out on the investment collaboration on two sections of the Trans Sumatra toll road, namely the Medan - Binjai toll road (16.8 kilometers or km) and Bakauheni - Terbanggi Besar (140.9 km) together with Indonesia Investment Authority (INA) worth IDR 20.5 trillion in June 2023," he explained. Furthermore, Budi Harto explained that from this investment collaboration, there was an improvement in the company's liabilities from IDR 70.53 trillion to IDR 53.11 trillion or a decrease of 24.70 percent. Hutama Karya's equity was also recorded to have strengthened by IDR 116.62 trillion from the previous IDR 85.78 trillion or an increase of 35.96 percent. In terms of obtaining new contracts, Hutama Karya also succeeded in pocketing a fairly significant new contract value from the previous period, namely from IDR 19.85 trillion in 2022 to IDR 30.88 trillion in 2023 or an increase of 55.51 percent yoy, most of which was dominated by road work. and Bridge. "Hutama Karya is helping to accelerate the development of the National Capital (IKN) of the Archipelago by working on six infrastructure projects, including the Balang Island - Sp Riko IKN Toll Road, two Coordinating Ministry Office Buildings and Areas, one Waste Water Pipe Network and three IKN Central Government Core Areas, " said the Main Director of Hutama Karya. According to Budi Harto, the improvement in Hutama Karya's financial performance can also be seen from the strengthening of the company's consolidated assets amounting to IDR 169.74 trillion in 2023 or an increase of around 8.59 percent from IDR 156.32 trillion in the previous year. This positive performance on the company's finances is considered to be a collective success based on strong transformation. "In accordance with the theme of the 63rd HK Anniversary this year, with the theme Moving, 63rrunning, Melesat, we present the best work, but in the future we hope that this success can be sustainable." closed Budi Harto. (SOURCE)
Apr, 19 2024
NIKEL.CO.ID, JAKARTA – President Joko Widodo's (Jokowi) government program to create an electric vehicle (EV) battery ecosystem to become the World's Number One EV Battery King is now starting to become a reality. With plans for the first and first production of EV batteries in Indonesia in April 2024 by PT Hyundai LG Indonesia (HLI) Green Power in Karawang, West Java. This was conveyed by the President Director of PT HLI Green Power, Hong Woo Pyoung, regarding PT HLI's readiness to carry out mass production. Apart from that, the electric vehicle battery industry in Indonesia will be able to produce pioneering young engineers who have the ability to manufacture electric car battery cells. “We have been preparing everything since September 2023. "We are ready to carry out mass production in April 2024," said Hong in a press statement quoted from the Ministry of Investment/Investment Coordinating Agency (BKPM) website, Thursday (18/4/2024). According to him, engineers from Indonesia have been trained for a year and will continue to be provided with training. “They are very smart, diligent and competent. "We are very proud of the engineers from Indonesia," he said. The government through the Special Staff (Stafsus) of the Ministry of Investment/BKPM, Tina Talisa, confirmed Indonesia's readiness to start mass production of the first EV battery which will be recorded as a new history of the start of the Indonesian EV battery industry. This step makes Indonesia the first EV battery cell producing country in Southeast Asia, and strengthens Indonesia's determination to support the EV battery ecosystem development project (grand package) worth US$9.8 billion or IDR 142 trillion. Tina emphasized that President Jokowi's leadership focused on downstream development so that he gave more special attention to the upstream and downstream nickel industry after the groundbreaking of the PT HLI EV battery factory in September 2021. According to him, downstreaming is a way to create added value from Indonesia's abundant natural resources, one of which is nickel. "We then make the process integrated from upstream to downstream, that's why there is the world's first integrated electric vehicle battery investment with a grand package of US$9.8 billion," he said. "So it is integrated from the upstream of the mine, then to the smelter, then refining, processing, precursor, cathode, then into battery cells," he continued. He explained that the production of EV battery cells will make Indonesia the first country to produce electric vehicle battery cells in Southeast Asia to use the latest technology from LG. The domino effect is that the young Indonesian workers who were absorbed into this project also became the first EV engineers in Southeast Asia. "Downstreaming is able to create a workforce that is properly absorbed in the sense of having high skills so that the income is higher and is able to bring Indonesia out of the middle income trap," he concluded. As is known, PT HLI Green Power is a joint venture company between Hyundai Motor Company, LG Energy Solution, and PT Indonesia Battery Corporation (IBC). PT HLI Green Power's investment is a follow-up to the signing of a Memorandum of Understanding (MoU) between the Ministry of Investment/BKPM and the Hyundai, LG and IBC Consortium on July 28 2021. Furthermore, in September 2023, President Jokowi visited PT HLI Green Power to conduct a direct inspection of the process and results of electric vehicle battery cell production. In the first phase, PT HLI absorbed an investment of USD 1.1 billion and had a production capacity of 10 gigawatt/hour (GWh), consisting of 32.6 million battery cells which could produce approximately 150,000 electric vehicles. In the second phase, expected in 2025, PT HLI plans to increase production capacity to 20 GWh. (SOURCE)
Apr, 19 2024
MARONGGE - Minister of Agriculture Andi Amran Sulaiman accompanied by Acting Regent of Sumedang Tuti Ruswati visited Marongge Village, Tomo District, Friday, April 5 2024 morning. The arrival of Minister of Agriculture Andi to check the Pumping and Land Cultivation program in Marongge Village. On that occasion, the Minister of Agriculture saw firsthand the process of irrigating rice fields using a water pump, where the water is sucked directly from the Cilutung River. "I saw earlier that the pump was running well irrigating the farmers' fields. God willing, in West Java we are ready to irrigate 300 thousand hectares," said Minister of Agriculture Andi. It is said that the potential for rice fields in West Java is 343 thousand hectares. So if 300 thousand hectares can be irrigated, it will increase rice productivity by up to 200 percent, and the value will reach IDR 15 trillion. "One pump can irrigate up to 100 hectares. You can imagine that if this Rp. 15 trillion is moved, there will be a multi-layer effect, the economy at the village level will move," he said. Meanwhile, the Head of the Agriculture and Food Security Service (DPKP) of Sumedang Regency, Sajidin, said that on that occasion, Minister of Agriculture Andi visited 2 pumping points, for two farming communities in Marongge Village, namely Potan Gumilang covering 25 hectares of rice fields, and Poktan Tunas Harapan covering 26.7 hectares. . "If there are a lot of proposals, the Minister of Agriculture even offers to immediately submit additional proposals, and we will follow up and hopefully they can be realized," he said. One of the farmers in Marongge Village, Kasjan (72), admitted that he was helped by the Pumping and Land Cultivation program. "Usually we can only plant twice a year, but now there is a bus pump, so we can use it three times a year, later we will use it during the dry season, because water is usually scarce," he added. On that occasion the Minister of Agriculture also provided assistance amounting to IDR 7.06 billion consisting of rice seeds, corn seeds and a large combine harvester. (SOURCE)
Apr, 05 2024
Cimahi, 4 April 2024 - Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno encourages creative economy (ekraf) actors in Cimahi City to explore the superior potential of their region to the maximum through the Regency/City program (KaTa ) Creative 2024. While attending the 2024 Creative Words Workshop at Alam Wisata Cimahi, Jalan Colonel Masturi, Cimahi City, West Java, on Thursday (4/4/2024), Minister of Tourism and Creative Economy Sandiaga said that Cimahi City is an area with a diversity of socio-cultural potential, historical heritage, and nature which can be strong capital for local governments in developing the tourism ecosystem and creative economy, especially in developing the creative economy subsectors of animated films and videos, fashion and culinary. "We want to understand what creative economy actors need to be able to further improve their business. We are grateful that this city, which only has 3 sub-districts, is a creative city, and the subsectors chosen are animation and video, fashion and culinary. "Who knows, because Bandung has become a city of design, and Cimahi could also become a city of animation at world level," said Minister of Tourism and Creative Economy Sandiaga. According to Sandiaga, the large creative economic potential in Cimahi City can provide added value in strengthening the attractiveness of tourist villages around Cimahi City. The Minister of Tourism and Creative Economy also revealed that the City of Cimahi had carried out a pilot test of the Indonesian Creative Regency/City Self-Assessment (PMK3I) in 2018 and agreed on the Film, Animation and Video subsector as its leading creative economy subsector and to be the locomotive for the development of the creative economy in Cimahi City. Due to its consistency and strong commitment in developing the tourism sector and creative economy, in 2021 the City of Cimahi has also been designated as an Indonesian Creative Category. Minister of Tourism and Creative Economy Sandiaga Uno while reviewing one of the MSME fashion products participating in the 2024 Cimahi City Creative Word Workshop at Cimahi Tourism Nature, West Java, Thursday (4/4/2024). “The hope is that this Creative Word will become even stronger. And we have programs that we can collaborate on, such as AKI, ADWI. "And through this Creative Word, it is hoped that it can create 4.4 million new quality and sustainable jobs," said Minister of Tourism and Creative Economy Sandiaga. Cimahi City is the third location for the 2024 Indonesian Creative Regency/City Development Workshop (KaTa Creative) activities. This workshop activity is a form of commitment and consistency of the Ministry of Tourism and Creative Economy/Baparekraf in its efforts to understand the needs of creative economy actors and provide support and facilitation related to the development of tourism and the creative economy. Also accompanying the Minister of Tourism and Creative Economy, Deputy for Strategic Policy at the Ministry of Tourism and Creative Economy/Baparekraf Dessy Ruhati; Special Staff to the Minister for Security of Tourist Destinations and Strategic Issues, Brigadier General TNI Ario Prawiseso; Director of Creative Economy Infrastructure of the Ministry of Tourism and Creative Economy/Baparekraf, Oneng Setya Harini; Director of Destination Development I Kemenparekraf/Baparekraf S. Utari Widyastuti; and Director of Investment Management at the Ministry of Tourism and Creative Economy/Baparekraf, Zulkifli Harahap. Also present, Acting. Mayor of Cimahi Dicky Saromi; Head of the West Java Province Tourism and Culture Service, Benny Bachtiar; Head of the Culture, Tourism, Youth and Sports Service, Achmad Nuryana; and Partnership Executive/Business Development Bobobox, Dennis Depriadi. (SOURCE)
Apr, 05 2024
Bloomberg Technoz, Jakarta - The Malaysian government is implementing a free toll road tariff policy on April 8-9 2024, to support the peak homecoming season for Eid 2024. So, why can't a similar policy be fully implemented in Indonesia? Head of the Toll Road Regulatory Agency (BPJT) of the Ministry of Public Works and Public Housing (PUPR) Miftachul Munir explained that the policy of free toll road tariffs, if adopted in Indonesia, would have an impact on the domestic investment climate. "Regarding this policy, of course it will have an impact on investment," explained Munir, Tuesday (2/4/2024). As an illustration, in the case of tariff rationalization for the Trans-Java Toll Road (JTTJ), initially the tariff was set at IDR 1,400/km, but government policy requested that the tariff be reduced to IDR 1,000/km. Thus, this tariff rationalization will not be provided free of charge, because the consequences will be returned at the time of special tariff adjustments. "This special tariff adjustment is of course the next user who will pay. So the initial user gets the beneficiary, but the later user ultimately replaces the certainty," he explained. Even so, Munir believes that the free toll tariff policy can actually be implemented, but further feasibility studies are needed. "We will review the feasibility study to see whether it will have an impact on investment or concessions or tariffs," he explained. Not the Operator's Domain Secretary General of the Indonesian Toll Road Association (ATI) Kris Ade Sudiyono explained that according to him, the policy of freeing toll rates during the Eid homecoming period is not in the realm of operators, but in the realm of government policy. He said, referring to Indonesian legislation, the construction of domestic toll roads involves investment from the private sector or other parties outside the government. As a result, the investment return process is based on the toll rates charged to road users. "So from our perspective of toll road management, we cannot give a statement. We can only say, we follow the existing laws and regulations that the tariff is in accordance with the existing agreement," explained Kris. "[What] we can currently provide is an initiative to help distribute traffic so that there are no build-ups at the same time and on the same day by providing incentives to cut toll rates before the peak homecoming days," he continued. Previously, the Coordinating Minister for Development and Culture (Menko PMK) Muhadjir Effendy announced the implementation of a 20% discount on toll rates during the Idul Fitri 1445 Hijriah or Eid 2024 homecoming period. The 20% discount on toll rates will apply to the Cikampek Main Toll Gate and Kalikangkung Toll Gate exits, including the Palimanan—Kanci, Semarang—Batang, and Jakarta—Cikampek Toll Roads. The fare discount on homecoming traffic will apply from April 3 2024 at 05.00 WIB to April 5 2024 at 05.00 WIB. Meanwhile, for reverse flow, it will start April 16 2024 at 05.00 WIB until April 19 2024 at 05.00 WIB. (SOURCE)
Apr, 05 2024
BANDUNG – Acting Regent of Kuningan, Dr. Drs. H. Raden Iip Hidajat, Mpd attended the 2023 General Meeting of Shareholders (GMS) agenda of PT Bank Pembangunan Daerah West Java and Banten (Bank BJB). The event was attended by all Regional Heads, Regents/Mayors throughout the Provinces of West Java and Banten, as well as public shareholders which took place at The Trans Luxury Hotel, Jl Gatot Subroto No 289, Bandung, Tuesday (02/04/2024). The meeting was attended by the Acting Governor of West Java, Bey Machmudin, who asked the Board of Directors not to be complacent about the achievements in 2023. "This is because there are still many things that need to be done to improve Bank BJB's performance because according to my records, the achievements in 2023 will not be better than 2022," said Bey. Bey asked the Board of Directors and staff to focus more on efforts to improve performance in 2024 and the years to come. “Digital disruption has forced us to carry out transformation in various fields, including banking. "For this reason, I hope that Bank BJB's management will continue to be improved," said Bey. Lastly, Bey hopes that the Board of Directors and staff can maintain integrity and harmonization between directors and staff. "Strengthen the role of the Board of Directors, staff and staff and continue to maintain harmonization so that there is strong communication but still prioritizing ethics" After the opening, the Bank BJB General Meeting of Shareholders (GMS) agenda continued with an internal meeting involving the board of directors, Regional Heads throughout West Java Province and shareholders behind closed doors. (SOURCE)
Apr, 04 2024
BANDUNG - Collaboration between the Regional Government of West Java Province and the regional government of districts/cities in West Java is one of the keys to the success of developing West Java. "If the Provincial Government's performance is cool and the performance of the city districts is cool, then we can overcome problems such as poverty, unemployment and stunting. If we are consistent, united, there will definitely be a solution," said West Java Regional Secretary Herman Suryatman after being appointed as West Java Regional Secretary in the Gedung Sate Hall, Kota. Bandung, Monday, (1/4/2024). Herman said that the position as West Java Regional Secretary entrusted to him was a mandate that must be maintained and carried out as well as possible. "This trust will be well maintained, solely for the Provincial Government and the people of West Java," he said. Herman added that this must be undertaken by the governor together with all regional components in West Java. "I will identify and explore the directions for joint 'PR' with several SKPD regarding follow-up," said Herman. He said that the Regional Secretary has a key performance indicator (KPI), namely General Bureaucratic Reform with a target of 80.75 points.in 2024, where in 2023 it will still be 79.26. "So we have to increase approximately 1.5 points. There is one KPI but in the sub-indicator breakdown there are 26 items. I will make an Action Plan in the shortest possible time," he said. (SOURCE)
Apr, 04 2024
KBEONLINE.ID - The Karawang Regency Government (Pemkab) has an investment realization target of IDR 42.7 trillion in 2024. This value has increased compared to the investment realization target in 2023 which was IDR 40.06 trillion. The Karawang Regency Government, through the Karawang Regency Investment and One-Stop Integrated Services Service (DPMPTSP), has prepared several potential investment plans that will enter in 2024. Coordinator of the Investment Substance Group, DPMPTSP Karawang Regency, Didin Bihalaludin, said that this year the Karawang Regency Government will prioritize investors in the residential sector, green energy-based industries and technology development in the agricultural and plantation sectors. He explained, in 2024, there will be a company operating in the field of making paper, pulp and packaging paper that uses the latest technology in waste processing and environmentally friendly energy use. This company is one of the issuers of the Sinarmas Group, namely, PT Indah Kiat Pulp & Paper Tbk (INKP) with investment plans reaching IDR 41.1 trillion. "The total investment value of PT Indah Kiat Pulp & Paper Tbk is IDR 59 trillion. However, the work will be carried out in stages and will start in 2023. "Meanwhile, in 2024, it is planned to enter the stage of procuring domestic machines amounting to IDR 9.6 trillion and imported machines IDR 31.5 trillion," explained Didin, Monday, 1/4/2024. He hopes that PT Indah Kiat Pulp & Paper Tbk's investment plan can be realized in 2024, so that the investment value of foreign direct investment (PMA) can increase. "We hope that PMA investment can increase, but we will also continue to increase domestic investment (PMDN)," concluded Didin. Apart from that, he said, his party also predicts that they will receive investment from the Jakarta-Cikampek (Japek) II Toll Road project amounting to IDR 2 trillion. "Until now, the construction has only reached Curug, the plan is that the construction of the Japek II Toll Road will continue and will pass through the Karawang Regency area, to be precise in Citaman Village, Tamansari Village, Pangkalan District. "We hope that investment can reach up to IDR 2 trillion," explained Didin. Didin explained that Karawang Regency is a comfortable area for investors, because it has a Detailed Regency Spatial Planning Plan (RDTR), there are several locations spread across four sub-districts which are favorite investment locations for investors. So investors can choose a location according to their investment plans. The four locations are East Telukjambe, Ciampel, Klari and Purwasari Districts "We have several industrial areas that are very adequate and access roads between areas that are easy to pass," said Didin. He emphasized that his party is very optimistic that Karawang Regency can achieve the 2024 investment realization target set by the West Java Provincial Government. "Even though the investment realization target given to us is higher than last year, we are confident that we can achieve this value of IDR 42.7 trillion well. "We also continue to monitor investment plans entering the OSS," said Didin. It is known that in 2023, the Karawang Regency Government succeeded in achieving investment realization of up to IDR 45.8 trillion, consisting of foreign investment of IDR 40.2 trillion and IDR 5.6 trillion of domestic investment (PMDN). This achievement exceeded the target that had been set, namely IDR 40.6 trillion. This brings Karawang Regency to the second highest investment position in West Java Province. (SOURCE)
Apr, 02 2024
PPS - The Jatigede Ring Road section from Darmaraja-Wado has begun repairs and is targeted for completion before Eid. "Good news for residents of the Darmaraja-Wado community. The Jatigede Ring Road for the Darmaraja-Wado section has begun to be surveyed and next week it will be repaired," said Acting. Regent of Sumedang, Herman Suryatman, Sunday (31/3/2024). He said that the improvement of the Darmaraja-Wado road was the result of synergy between the West Java Provincial Government and the Sumedang Regency Regional Government. "This is a form of synergy between the Regional Government, district and province," he said. He also targets that before Eid, the road section has been repaired and can be used for homecoming. "God willing, before Eid, the road work will be completed and it can be used for homecoming trips to the Sumedang area, especially those going home to Darmaraja, Wado and Jatinunggal. We ask for prayers from the people of Sumedang," he said. He added that the road infrastructure development for Wado District from the 2024 APBD reached IDR 1.8 billion. "The budget includes rehabilitation of the Pasirpadang-Ganjaresik road section Rp. 1.36 billion, improvement of the Buter-Sukanyiru road Rp. 309 million more and reconstruction of the Ciheulang-Galemo strategic road section (TPT and drainage channels) Rp. 135 million more," he said. Meanwhile, Herman continued, the total allocation for road construction or maintenance in 2024 for Sumedang Regency is IDR. 57.732 billion. "The target percentage level for the condition of the Regency's roads, which means good and moderately damaged, in 2024 is 91.5 percent. After previously reaching 88.24% in 2023," explained Acting. Regent. [*] (SOURCE)
Apr, 01 2024
REPUBLIKA.CO.ID, BANDUNG--- West Java Province (Jabar) is still a favorite investment destination in Indonesia. Not only the manufacturing, textile and infrastructure sectors, but also the agribusiness sector. Because, if you look at the geographical location, the southern part of West Java is a suitable area for agribusiness development. The area which is now called Arumanis has unique natural resources and is more varied than other areas in West Java. According to the Head of the West Java Province Integrated Investment and Licensing Service (DPMPTSP), Nining Yulistiani, the West Java Provincial Government (Pemprov) has divided development in Arumanis into three themes or clusters. For the agribusiness sector there are Ciamis, Cianjur and Garut. Then, he said, for fisheries and marine affairs there are Pangandaran, Sukabumi, Cianjur, Garut and Tasikmalaya. Then Tourism in Pangandaran and Sukabumi. The Arumanis region, which consists of Sukabumi, Cianjur, Garut, Tasikmalaya, Ciamis and Pangandaran regencies, is considered a suitable area for the agribusiness sector. Because the morphology of this area is rich in plantation land and mountains. The commodities produced also vary. "We are optimistic that we will be able to achieve the investment target in 2024," Nining told reporters this weekend. According to Nining, his party is optimistic that this year's investment target will be achieved, because in 2023 West Java investment realization will reach IDR 210.6 trillion, above the target given of IDR 188 trillion. Moreover, the Arumanis area and the Rebana area in the northern part of West Java have both experienced an increase in the last few years. From 2021 to 2023, total investment in the Rebana Metropolitan area will reach IDR 50.11 trillion. Meanwhile in the Arumanis area it is valued at IDR 27.3 trillion. "West Java has huge investment potential for the agribusiness sector, especially in the Southern West Java region," he said. What's more, he said, according to Presidential Regulation No. 87 of 2021, the Southern part of West Java is directed at developing investment in the agribusiness, maritime or fisheries and tourism sectors. Based on data released by the West Java Provincial Government, until 2022, this is a commodity that can be optimized for investment in the agribusiness sector in southern West Java. Namely, Palm Sugar (Tasikmalaya and Cianjur) with a land area of 14 thousand hectares and production of 38.5 thousand tons/year, Chocolate Beans (Garut and Ciamis) 239 thousand tons/year, Rubber (Pangandaran and Sukabumi) 353 thousand tons/year, Coffee (Garut, Pangandaran), Coconut (Garut, Pangandaran, Tasikmalaya) land area reaches 154.4 thousand hectares and production is 22 thousand tons/year, Corn (Garut and Cianjur), Mangosteen (Pangandaran, Ciamis, Sukabumi, Garut) and Rice organic (Ciamis, Pangandaran). (SOURCE)
Apr, 01 2024
Jakarta – Grant Thornton Indonesia in its report Unraveling Indonesia Prospects in 2024 stated that there are five provinces that will be the center of attention in 2024. The five provinces include North Maluku, Central Sulawesi, East Kalimantan, West Java and Riau. Grant Thornton Indonesia CEO Johanna Gani said that each province has a unique and promising economic landscape, and offers a variety of investment opportunities in the country. Joanna added that this report also provides an in-depth picture of economic conditions amidst global uncertainty and highlights the promising investment potential in the five leading provinces above. "Even though President Joko Widodo's change of leadership has created a wait-and-see attitude among some investors, Indonesia is still able to attract the interest of foreign investors. "Government infrastructure projects, development of the Indonesian Capital City (IKN) and consistent business-friendly policies," said Johanna in a press conference, Wednesday 27 March 2024. In the report, North Maluku was named as the province with the largest investment interest. The reason is, North Maluku is the largest nickel producer in Indonesia. North Maluku also recorded the fastest growth in Indonesia boasting gross domestic product (GDP) growth of 20.5 percent in 2023 driven by the nickel industry. “Investment in nickel mining and related manufacturing offers access to a rapidly growing market driven by global EV (electric vehicle) demand. Coupled with green initiatives, the market also offers a long-term sustainability commitment,” he explained. Then, Central Sulawesi is also another source of nickel. As the highest recipient of FDI in Indonesia, Central Sulawesi offers attractive opportunities for sustainable growth for investors seeking exposure to Indonesia's dynamic nickel landscape. East Kalimantan, is said to be a province that can offer double profits for investors in 2024. Its economy is strong, driven by mining, manufacturing and natural resources. "Now, transformational IKN projects add unprecedented potential, attracting investment in infrastructure, environmentally friendly technology and others," he said. Meanwhile, West Java, which is the manufacturing center in Indonesia, offers investors a proven track record and extraordinary electric vehicle potential. "West Java has become a major competitor and a manufacturing center accounting for 42.9 percent of GDP. West Java now also has rapidly growing electric vehicle battery production," added Johanna. Finally, Riau offers fertile ground for investors looking for sustainable profits in the agribusiness sector. As the largest CPO producer in the country, producing 20 percent of national production, Riau presents unique opportunities in processing palm oil and downstreaming its derivative products. “This growing sector, as well as a diversified economy in the fields of agriculture and mining. "Riau promises stable growth with projected GDP growth of 4.0-4.8 percent in 2024," he concluded. (*) (SOURCE)
Apr, 01 2024
DAILY DISWAY - Minister of Investment/Head of the Investment Coordinating Board Bahlil Lahadalia is confident that the 2024 presidential election will be held in one round. That's why he also believes that the conducive political situation will enable Indonesian investment this year to reach the target of IDR 1,650 trillion. So, Indonesia can achieve economic growth of above 5 percent. "Hopefully what the KPU decides can only last one round. "Because we see that the difference is very large, but we are waiting for the KPU's decision," said Bahlil at the 2024 Post-Election Investment Prospects press conference at his office, Monday, March 18 2024. Of the total investment target, Bahlil detailed that Foreign Direct Investment (PMA) remains the same as last year. Namely a minimum of 52 percent. This is because the global economy has not yet recovered and stabilized. Moreover, the current geopolitical situation is still characterized by tension in the Middle East. Also Ukraine and Russia where there are still no signs of recovery. So, many countries are already experiencing a recession. Bahlil reported that investment realization from January to December 2023 reached IDR 1,418.9 trillion. This figure was recorded as 101.3 percent of the target set at IDR 1,400 trillion. The investment realization achievement consisted of PMA of IDR 744 trillion or 52.4 percent of the target. Then, another 47.6 percent was Domestic Investment (PMDN) or IDR 674.9 trillion. And the largest investment realization occurred outside Java with achievements reaching IDR 730.8 trillion or 51.5 percent of the target. Meanwhile, realization on the island of Java was recorded at 48.5 percent or reaching IDR 688.1 trillion. Of this total investment, it has absorbed 1.8 million Indonesian Workers (TKI). Bahlil also resolved stalled investments. Namely IDR 558.7 trillion or around 78.9 percent of the total IDR 708 trillion. The remaining amount, amounting to IDR 149.3 trillion, said Bahlil, was difficult to complete due to a number of obstacles."We can no longer make improvements. This is because it can no longer be executed, due to the companies experiencing internal difficulties," he said. Furthermore, he explained various positive developments in the realization of other investments. Among them is the PT Lotte Chemical Indonesia factory in Cilegon with an investment of IDR 59.4 trillion. This investment is the result of completion of stalled investment since 2016. Now the progress of investment realization has reached 85 percent. It is estimated that production will start this year. The resulting products will be import substitutes. The composition is 70 percent for domestic needs and 30 percent for exports. Bahlil then emphasized that his party was accelerating the revision of Government Regulation (PP) number 96 of 2021 concerning the Implementation of Mineral and Coal Mining Business Activities. If the regulations are complete, Bahlil said, the government will increase its shares in PT Freeport Indonesia (PTFI) by 10%. From the previous 51% to 61%. The revision of PP 96 was brought to a Limited Meeting (Ratas) with the President of the Republic of Indonesia Joko Widodo some time ago. With this revision, said Bahlil, there will be adjustments and acceleration in the framework of sustainable investment. "If that happens and the potential for additional Freeport shares in Indonesia becomes 61 percent, it means that Freeport no longer belongs to someone else, but already belongs to us," he said. Under the current regulations, a new contract extension can be submitted no sooner than 5 years before the contract ends. And no later than 1 year before the contract ends. "We changed it because it is integrated with the smelter," he explained. Apart from that reason, specifically for PT Freeport Indonesia (PTFI), for example, applications for contract extensions can be made immediately. Remembering that there must be certainty regarding investment. Especially for carrying out production at the company's mines. "In 2035, Freeport's production will start to decline, while we will explore underground for at least 10 years," continued Bahlil. So, he said, if we start thinking about extending it until 2035, there will be a vacuum of approximately 5-10 years. (SOURCE)
Mar, 21 2024
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