Bandung - The tourism potential stored in the Ciayumajakuning area (Cirebon, Indramayu, Majalengka, Kuningan) has made Acting Governor of West Java Bey Machmudin pay special attention. Bey optimistically believes that tourism in Ciayumajakuning can develop rapidly and become the new star of West Java. To make this happen, Bey is collaborating with young people to accommodate aspirations related to tourism development in Ciayumajakuning. "I want tourism in West Java to develop and listen to the opinions of young people (Bobobox) or those who have a contemporary vision and mission," said Bey at Gedung Sate, Bandung, Tuesday (30/1/2024). Bey targets that tourists from outside the region will be the main focus in efforts to develop the Ciayumajakuning area. He said the existence of the West Java International Airport (BIJB) could support this plan. "Basically, I ask, try where tourism is interesting and if possible, that destination attracts tourists from outside West Java, so use a plane (from Kertajati). I ask that the focus be on Ciayumajakuning to attract tourists to the area because that is also for (development of) BIJB," he said. Currently, Bey continued, tourists still choose the Lembang, Puncak Bogor and Pangandaran areas as tourist destinations in West Java. In the future, Bey wants the Ciayumajakuning area to become the new prima donna of tourism in West Java. "From Bobobox data, the busiest ones are Lembang, Puncak and Pangandaran. I ask that Ciayumajakuning also be developed for its tourism potential," said Bey. Apart from developing tourism in Ciayumajakuning, Bey revealed that the West Java Provincial Government is also working to increase tourism in West Java as a contributor to Regional Original Income (PAD). "Essentially, we want to collaborate with all parties so that West Java's tourism potential is truly accommodated because there is everything here, from the beaches to the mountains," he said. "We are starting to think about PAD from the tourism sector. So anticipate from now on, don't let us confuse ourselves in finding sources of PAD," concluded Bey. (SOURCE)
Feb, 06 2024
Warta Ekonomi, Bandung - Bank Indonesia West Java Provincial Representative Office predicts that economic growth in West Java in 2024 will reach 4.9 percent - 5.7 percent year on year. Head of West Java BI Representative Erwin Gunawan said this must be immediately responded to with optimism. However, he also invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," said Erwin to journalists after attending the launch of the 2023 Indonesian Economic Report (LPI) in Bandung, Wednesday (31/1/2024). Erwin also appealed to all parties to continue to work together in various ways to realize West Java's economic growth in 2024. "Hopefully with synergistic collaborative efforts together we can realize economic growth in the range of 4.9 - 5.7 percent year on year," he said Erwin said that the 2024 political year would increase consumption so that it would have a positive impact on West Java's economic growth. "Historically, election activities will have a positive impact on the economy. Moreover, in West Java, apart from the presidential election in February, it will also be followed by regional elections in November. Of course it will increase consumption in society," he explained. Erwin added that increasing consumption and demand in society must be balanced with controlling inflation through synergy and collaboration with related parties, including the West Java Provincial Government. "Increased consumption will also occur as the celebration of religious holidays approaches which coincides with the presidential and gubernatorial elections," he said. Meanwhile, Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, appreciated the collective work of Bank Indonesia West Java Representatives which has encouraged West Java's economy to remain stable during 2023. "I think this theme is very relevant to what is happening in West Java. The human development index is increasing, thank God we can reduce the unemployment rate," said Taufiq. Apart from that, during 2023 the number of people in the underprivileged category in West Java will decrease, accompanied by incomes that continue to increase slowly. "The poor population in West Java may decrease, per capita income will also increase," he said With regard to investment, West Java is at the forefront with a realization achievement of IDR 210.6 trillion during 2023 or reaching 112 percent. "Investment in West Java recorded investment realization reaching IDR 210.6 trillion, reaching 112 percent," he said. Entering 2024, he said that the West Java Provincial Government is determined to strengthen several strategic sectors to bring prosperity to the people of West Java. "In 2024 the provincial government will strengthen strategic sectors, education, infrastructure and human resources, so that economic growth can be achieved with the quality of life of the community," he concluded. (SOURCE)
Feb, 02 2024
Bandung, Sonora.ID - In 2023, the investment value in West Java will increase quite significantly, namely IDR 210.6 trillion, or an increase of 112 percent from the target set by the Ministry of Investment. This also had a significant impact on the economy of West Java, along with the total employment of 253,424 people, with the number of Investment Activity Reports (LKPM) amounting to 94,469 LKPM. With these achievements, coupled with maintained household consumption and the performance of leading economic sectors, West Java's economic growth in 2023 will grow by 4.7-5.5% (yoy). Deputy Chief Representative of Bank Indonesia for West Java Province, Bambang Pramono, said that success in creating a harmonious investment climate was the key to realizing West Java investment soaring in 2023. "There is a necessary condition in creating a conducive and trustworthy investment climate for investors," said Bambang after being a resource person at the Bewara West Java (Beja) event at Gedung Sate, Bandung City, Tuesday (30/1/2024). Apart from that, continued Bambang, high investment realization also plays an important role in encouraging West Java's economic growth in line with the Incremental Capital Output Ratio (ICOR) value which is relatively stable from year to year. According to him, policy makers and stakeholders in West Java need to make various proactive and innovative efforts in identifying potential projects that are currently of interest to foreign investors, especially for potential investors who are looking for safe and comfortable investment fund placement options. Meanwhile, Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, at the opening said, the positive achievement of West Java investment was the result of synergy, commitment and support from all parties, including the West Java Provincial Government together with Bank Indonesia West Java. "This achievement also gives a message to the public that investment is one of the driving forces of the economy in West Java. However, in the future, the realization of this superior investment, in addition to competitive ones such as the West Java International Airport, requires efforts to be made evenly distributed throughout the region. West Java," said Taufiq Budi. According to Taufiq Budi, this is also in line with the investment distribution map in West Java which is concentrated in the northern part such as Kab. Bekasi (25%) to Kab. Karawang (22%). Welcoming 2024, West Java Province is optimistic about achieving the national investment realization target which is set to increase by 17.9%. In achieving this target, synergy between stakeholders regarding investment in West Java will be increasingly strengthened. Furthermore, downstream policies are also directed at industries based on regional potential and leading sectors in order to create more jobs and increase the competitiveness of MSMEs in the global value chain. With investment performance and support from domestic demand remaining strong in line with increasing community mobility and the high multiplier effect of the political year on the aggregate economy, West Java's economic growth in 2024 is predicted to remain high and be in the range of 4.9% - 5.7% ( yo). (SOURCE)
Feb, 02 2024
PORTALJABAR, KOTA BANDUNG - Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, appreciated the collective work of Bank Indonesia West Java Representatives which has encouraged West Java's economy to remain stable during 2023. Taufiq said this when giving a speech at the launch of the 2023 Indonesian Economic Report with the theme 'Synergy to Strengthen National Economic Resilience and Revival' at the West Java Representative Office of Bank Indonesia, Wednesday (31/1/2024). "I think this theme is very relevant to what is happening in West Java. The human development index is increasing, thank God we can reduce the unemployment rate," said Taufiq. Not only that, during 2023 people who fall into the underprivileged category in West Java will decrease accompanied by incomes that continue to increase slowly. "The poor population in West Java may decrease, per capita income will also increase," he said. For investment matters, West Java is at the forefront with a realization achievement of IDR 210.6 trillion during 2023 or reaching 112 percent. "Investment in West Java recorded investment realization reaching IDR 210.6 trillion, reaching 112 percent," he said. Entering 2024, Taufiq said that the West Java Provincial Government is determined to strengthen several strategic sectors to bring prosperity to the people of West Java. "In 2024 the provincial government will strengthen strategic sectors, education, infrastructure and human resources, so that economic growth can be achieved with the quality of life of the community," he said. Taufiq expressed his gratitude to Bank Indonesia West Java Representatives who have helped the West Java Provincial Government and 27 districts/cities with the aim of welfare for the community. "Hopefully this will continue. We can develop a more evenly prosperous society that we can achieve together," concluded Taufiq. Meanwhile, Head of Bank Indonesia West Java Representative Erwin Gunawan Hutapea said that economic growth in West Java in 2024 would reach 4.9 percent - 5.7 percent year on year. This must be immediately addressed with optimism. However, Erwin invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," he said. For this reason, he asked all parties to continue to work together in various ways to realize West Java's economic growth in 2024. "Hopefully with synergistic collaborative efforts together we can realize economic growth in the range of 4.9 - 5.7 percent year on year," concluded Erwin. (SOURCE)
Feb, 02 2024
Bandung, Sonora.ID - The Provincial Government (Pemprov) is targeting the investment value in West Java (Jabar) in 2024 to increase compared to the investment value achieved in 2023. Daily Executive (Plh) West Java Regional Secretary (Sekda) Taufiq Budi Santoso, after opening the Bewara West Java (Beja) event at Gedung Sate, Tuesday (30/1/2024) said that the investment target in West Java in 2024 is IDR 250 trillion. "In 2023, the investment value in West Java will be IDR 210 trillion, this year the target is IDR 250 trillion," said Taufiq Budi to the media. "For this reason, we must optimize development in various infrastructure so that the target value of investment entering West Java is achieved," said Taufiq. Taufiq said that development of various infrastructure would be accelerated, such as the construction of waste processing facilities in Nambo, Lengok Nangka and Cirebon Raya. "Then there are also DJs from Bekasi, Karawang and Purwakarta," said Taufiq. Apart from that, said Taufiq, sustainable development is also carried out in the transportation sector. "Other developments that we are preparing include transportation facilities, such as railways. For Greater Bandung, we can confirm the funding, whether it will be blended finance between PPP and APBN and APBD funding sources, we are also preparing this," said Taufik. "Then also the supporting facilities for Kertajati Airport. We also have to optimize this. Hopefully this can become an outlet and inlet using flights or air transportation," explained Taufiq. "We are also optimizing Patimban Port for sea transportation, and hopefully this will become an outlet and inlet for West Java," he added. Taufiq also said that West Java Province, with an investment target of IDR 250 trillion this year, must also be encouraged with various supporting facilities so that this target can be achieved. Meanwhile, Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yulistiani, said that West Java has always been an investment champion. Where for 5 consecutive years the investment target can be achieved. "In 2023 alone, investment in West Java will reach 210 trillion. This number will increase by 112 percent compared to 2022," said Nining. Nining said, one of the efforts made by the West Java Provincial Government to achieve investment targets was to provide easy licensing services for investment. Nining also said that in West Java there are four things that are the focus for increasing investment, namely infrastructure for tourism, downstream and renewable energy, and technology-based investment. "There are four things that are the focus of development to support this investment achievement, namely tourism infrastructure development, downstreaming, renewable energy and technology-based ones, because there is also a lot of capital-intensive industrial investment entering West Java," said Nining. Nining also said that the investment sector in West Java is still in the metal industry, transportation, energy, processed food and beverages and housing. "So far investment in West Java is quite evenly distributed, both in the Central, North, South and East regions," he concluded. (SOURCE)
Jan, 31 2024
REJABAR.CO.ID, BANDUNG --- The West Java Provincial Government (Pemprov) continues to boost investment targets. In 2024, the West Java Provincial Government targets the investment value to exceed last year's realization. According to the Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, by 2024 the national investment target will reach IDR 1,650 trillion. Specifically for West Java, the investment value is targeted at around 14-15 percent of the national level. "And that is nominally around IDR 247 trillion to IDR 250 trillion for the 2024 target, even though this has not been released by BKPM," said Nining at the Bewara Jabar (Beja) event with the theme West Java Investment Report 2023 And Economic Outlook 2024 at Gedung Sate, Tuesday (30/1/2024). For investment achievements in 2023, said Nining, from the BKPM target of IDR 188.03 trillion, West Java managed to pocket an investment value of IDR 210.6 trillion. This figure is the highest achievement. "This means 112 percent of the existing target. And this is the highest achievement in West Java," he said. When asked whether the 2024 target would be achieved under the conditions of the 2024 elections, Nining felt optimistic that he could meet the target by collaborating with various parties in West Java. "We remain optimistic about the efforts that have been made in synergy and collaboration. It will not be possible for us to complete whatever the target is if there is no collaboration and communication with various parties," he explained. Nining explained that there are several sectors that the West Java Provincial Government will focus on to attract investors to invest their capital in West Java. Namely, starting from the infrastructure sector, tourism, to technology. "For West Java there are four things that will be the focus of increasing investment, infrastructure, downstream tourism and technology and there are also many things that come to us that are capital intensive," he said. In the same place, Deputy Chief Representative of Bank Indonesia for West Java Province, Bambang Pramono, said that success in creating a harmonious investment climate is the key to the realization of West Java investment which will accelerate in 2023. This is a necessary condition in creating a conducive and trustworthy investment climate for investors. Apart from that, he said, high investment realization also plays an important role in driving West Java's economic growth along with the value of the Incremental Capital Output Ratio (ICOR) which is relatively stable from year to year. Therefore, all stakeholders related to investment in West Java must actively carry out various proactive and innovative efforts in identifying potential projects that are of interest to foreign investors. "Especially for potential investors who are looking for safe and comfortable investment fund placement options," he said. Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, investment is one of the driving forces of the economy in West Java. However, in the future, efforts must still be made for equality throughout the West Java region. This is in line with the investment distribution map in West Java which is concentrated in the northern part, such as Bekasi District (25) to Karawang District (22). (SOURCE)
Jan, 31 2024
Warta Ekonomi, Bandung - West Java was recorded as successful in recording investment realization throughout 2023 of IDR 210.6 trillion, or 112% of the target set by the Ministry of Investment. This achievement also had a significant impact on the economy of West Java along with the total employment of 253,424 people, with the number of Investment Activity Reports (LKPM) amounting to 94,469 LKPM. With these achievements, supported by maintained household consumption and the performance of leading economic sectors, West Java's economic growth in 2023 is estimated at 4.7-5.5% (yoy). Deputy Chief Representative of Bank Indonesia for West Java Province, Bambang Pramono, said that success in creating a harmonious investment climate is the key to the realization of West Java investment which will accelerate in 2023. "This is a necessary condition in creating a conducive and trustworthy investment climate for investors," Bambang told reporters after taking part in Bewara Jawa Barat (BEJA) Vol. 2 with the theme "West Java Investment Report 2023 and Economic Outlook 2024" at Gedung Sate, Bandung City, Tuesday (30/1/2024). Apart from that, high investment realization also plays an important role in driving West Java's economic growth along with the value of the Incremental Capital Output Ratio (ICOR) which is relatively stable from year to year. Therefore, all stakeholders related to investment in West Java also need to actively carry out various proactive and innovative efforts in identifying potential projects that are currently of interest to foreign investors, especially for potential investors who are looking for safe and secure investment fund placement options. comfortable. However, said Bambang, in the future the realization of this superior investment, in addition to competitive ones such as the West Java International Airport (BIJB), it is necessary to make equal distribution efforts throughout the West Java region. "This is in line with the investment distribution map in West Java which is concentrated in the northern part, such as Bekasi Regency (25%) to Karawang Regency (22%). "Welcoming 2024," he said. According to him, West Java Province is optimistic about achieving the national investment realization target which is set to increase by 17.9%. In achieving this target, synergy between stakeholders regarding investment in West Java will be further strengthened. Various investment acceleration programs will also focus on improving sustainable investment policies, competitive investment services and incentives, as well as focusing on value-added and green investment-oriented investments. Bambang added that the downstream policy is also directed at industries based on regional potential and leading sectors in order to create more jobs and increase the competitiveness of MSMEs in the global value chain. "With investment performance and support from domestic demand remaining strong in line with increasing community mobility and the high multiplier effect of the political year on the aggregate economy, West Java's economic growth in 2024 is estimated to remain high and be in the range of 4.9% – 5.7% (yoy)," he explained. Meanwhile, Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, said that the positive achievement of West Java investment was the result of synergy, commitment and support from all parties, including the West Java Provincial Government together with Bank Indonesia West Java. "This achievement also provides a message to the public that investment is one of the driving forces of the economy in West Java," he said. On the same occasion, Head of the West Java Province One Stop Investment and Integrated Services Service, Nining Yulistiani, said that nationally, Singapore is the largest investor in Indonesia. Meanwhile, for West Java Province, Japan still dominates investment with a value of IDR 26.65 trillion with more than 6,900 projects. Next followed by Singapore, China, South Korea, Malaysia and the Netherlands. Meanwhile, several large companies investing in West Java include foreign investment (PMA) such as KCIC with an investment of more than IDR 21 trillion, PT Indah KIA, Elkrim Power (an electric vehicle battery company), Toyota Indonesia and Satellite Nusantara Giga. "Meanwhile, PMDN is for industrial areas such as Lippo Cikarang, Jasa Marga, food and beverage industries such as Mayora and Gunung Raja Paksi TBK," he said. He added that investment realization in the Rebana area was quite high, namely IDR 17.38 trillion, higher than in 2022. "Meanwhile, investment in South West Java continues to increase. Investment is IDR 11.8 trillion," he said. The performance of MSEs in West Java also shows a positive trend with the realization of investment of IDR 48.1 trillion with 700 thousand projects "Of course this is a source of high employment because these MSEs are labor intensive," he concluded. (SOURCE)
Jan, 31 2024
Bisnis.com, BANDUNG -- West Java Province is again ranked first in investment realization in 2023 with a realized value of PMA and PMDN investment of IDR 210.6 trillion. Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, said this figure reached 112%, exceeding the given target of IDR 188 trillion. "Investment realization in 2023 will increase by 20.64% compared to the previous year of IDR 174.58 trillion with total employment in the January-December 2023 period reaching 253,424 people," he said at the BEJA event, Gedung Sate, Bandung, Tuesday (30/1 /2024). Nining said that West Java is still a destination for investors to invest in Indonesia, this is shown by the value of West Java investment realization which is always ranked first nationally. "In 2023, the realization of foreign investment in West Java will reach IDR 122.6 trillion or around 16.5% of the realization of national PMA. Meanwhile, the realization of domestic investment will reach IDR 88 trillion (13% of the realization of national PMDN)," he explained. According to him, the housing, industrial & office areas sector is the sector with the largest investment realization in the PMDN category with an investment value of IDR 20.27 trillion. "The Transportation, Warehouse & Communication sector is the sector with the largest investment realization in the PMA category with an investment value of IDR 29.49 trillion," he said. Nining admitted that this realization was encouraging because the composition of PMA and PMDN throughout 2023 was not too far apart. Nining also emphasized that the role of MSEs as investment contributors is increasingly significant. "UMK reported that their investment realization reached 48%," he said. (SOURCE)
Jan, 31 2024
Kabupaten Bandung (ANTARA) - The Regency Government (Pemkab) of Bandung, West Java, recorded that the realization of capital investment in the area reached IDR 30.30 trillion in 2023, exceeding the target set at IDR 28.7 trillion. Bandung Regent Dadang Supriatna said investment in Bandung Regency throughout 2022 reached IDR 29.4 trillion or exceeded the target set at IDR 27.8 trillion. "Investment entering Bandung Regency, both domestic investment (PMD) and foreign investment (PMA), continues to increase from year to year," said Dadang in Bandung Regency, Monday. Dadang stated that his party always strives to continue to create a conducive investment climate, including from a regulatory perspective to provide legal certainty to potential investors. "We are trying to continue to secure this investment climate in one regulation. One of these regulations is related to the Regional Spatial Planning (RTRW) and Detailed Spatial Planning Plan (RDTR) for Bandung Regency, the Draft Regional Regulation has now been completed, so that more investment will come in in the future ," he said. According to him, the RTRW Regional Regulation is important in the development process in Bandung Regency, because potential investors will receive legal certainty regarding the use of existing land. "Approval of this design is considered fast in Indonesia. So it was fast in Bandung and Bali Regencies," said Dadang. Head of the Bandung Regency Investment and One-Stop Integrated Services Service (DPMPTSP), Ben Indra Agusta, said that the dominant investments for 2023 are three types, namely infrastructure, especially the Jakarta Bandung High Speed Train facility in Tegalluar, then geothermal, and tourism. "Investment for geothermal exploration can reach IDR 7 trillion a year, and tourism has quite massive development. Therefore, in 2024 we will focus on investment in the geothermal, tourism and agriculture sectors," he said. He added that the potential and investment climate in Bandung Regency, from human resources to infrastructure, is very supportive for the presence of potential investors from both within and outside the country without any obstacles. According to him, with the many conveniences provided, the Bandung Regency Government succeeded in receiving an award in the 2023 West Java Investment Performance Assessment or West Java Investment Award (WJIA) held by the West Java DPMPTSP in September 2023. (SOURCE)
Jan, 31 2024
Bisnis.com, BANDUNG -- The political year and global conditions that have not yet recovered mean that the economic slowdown will still occur in 2024. Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yulistiani, confirmed that the issue of an economic slowdown will still affect the rate of investment in 2024. However, opportunities remain. "All this time I have seen in West Java that when the economy slows down, it is because of global disruption which then has its influence and then weakens," he said at the Beja vol 1 event in the East Hall, Gedung Sate, Bandung, Tuesday (9/1/2024). According to him, West Java was affected by the slowdown due to the position of exports and industry, especially the manufacturing and processing sector which contributed 42% of the economic pie. "Well, I see that West Java must be certified for the types of industry in West Java, including renewable downstreaming," he said. Opportunities in this sector relate to plantations, agriculture, livestock, fisheries, maritime affairs, forestry. "Then the downstreaming from upstream to downstream is renewable. Except for downstreaming which is end product in nature. Like EVs, where we don't have the raw materials, right, [that] is in Sulawesi, Papua or Maluku," he said. According to him, downstream opportunities come from, for example, making batteries and battery packs as well as developing the electric vehicle industry. "We are directing this to West Java. Because the environment or ecosystem has been built in us," he said. Nining admitted that the opportunities and investor interest in this sector are quite positive, especially from countries in the Middle East and China. "They are responsive to wanting to develop the agricultural industry, all kinds of things. Agricultural farms and so on in West Java have huge potential because they see the potential for a food crisis in the future as well as their needs," he said. It is believed that Nining will get the downstream potential related to food from China, but not yet the same interest from Middle Eastern countries. "Because our exports to China are related to food. They have seen this, including in the Middle East," he concluded. (SOURCE)
Jan, 22 2024
The mining sector makes a significant contribution to labor absorption in Indonesia. Based on data from the Ministry of Energy and Mineral Resources, the actual number of workers in the mining sector in 2023 (cumulative data for the third quarter) is 308,107 Indonesian Workers (TKI) and 2,074 Foreign Workers (TKA). "Increasing investment in the mining sector is the main factor driving an increase in labor in the mining sector in 2023," said Bambang Suswantono as Plt. Director General of Mineral and Coal in the 2023 Achievement Preskon and 2024 Work Program for the Mineral and Coal Subsector (Minerba) in Jakarta, Tuesday, (16/1). The investment realization achievement in the mineral and coal subsector as of 31 December 2023 alone was USD7.46 billion or 96.8% of the 2023 target of USD7.7 billion. This increase in investment in the mining sector has encouraged increased production and sales of mining commodities, which require more labor. Increased production and sales of mining commodities will also encourage an increase in employment in the mining sector in 2023. In 2023, realized coal production will reach 775.2 million tonnes, or 112% of the target set at 694.5 million tonnes. This increase in coal production has led to an increase in the need for labor in the coal mining sector. Apart from that, increasing the use of technology will also encourage an increase in workforce capacity in the mining sector in 2023. In 2023, the use of technology in the mining sector will increase, especially for exploration, production and processing activities. The increased use of this technology also encourages increased efficiency and productivity, which also has an impact on increasing the capacity of the mining sector workforce. The details of the number of TKI and TKA based on permit type are as follows: Minerals for 48,356 migrant workers and 921 foreign workers; Mining as many as 43,335 migrant workers and 122 foreign workers; IUJP is 216,416 migrant workers and 1,031 foreign workers. Increasing workforce capacity in the mining sector in 2023 is good news for national development. By increasing the capacity of the mining sector workforce, the government can have more flexibility in supporting national development, including infrastructure development, social and economic programs, as well as sustainable energy development. (RD) (SOURCE)
Jan, 22 2024
Jakarta (ANTARA) - The Ministry of Energy and Mineral Resources (ESDM) recorded that investment realization in the mineral and coal (minerba) subsector as of December 31 2023 was 7.46 billion United States (US) dollars or 96.86 percent of the target of 7.7 billion US dollars. "The Directorate General of Mineral and Coal continues to encourage the maintenance of the mineral and coal investment climate in order to increase economic growth. The realization of investment in the mineral and coal subsector as of 31 December 2023 is 7.46 billion US dollars or 96.8 percent of the 2023 target, which is 7. 7 billion US dollars," said the Acting Director General of Mineral and Coal (Minerba) of the Ministry of Energy and Mineral Resources, Bambang Suswantono, during the press conference "2023 Achievements and 2024 Work Program for the Minerba Subsector", at the Directorate General of Mineral and Coal Building, Jakarta, Tuesday. Furthermore, he said again, the realization of non-tax state revenue (PNBP) in the mineral and coal subsector in 2023 was IDR 172.96 trillion or higher than the target of IDR 146.07 trillion. He also detailed the production and utilization of minerals in 2023, namely gold commodities with realization of 83 tons from the target of 106 tons, silver realization of 348.6 tons from the target of 489 tons, tin realization of 67.6 thousand tons from the target of 70 thousand tons, ferronickel realized 535.2 thousand tonnes from the target of 628.9 thousand tonnes, and nickel matte realized 71.4 thousand tonnes from the target of 75 thousand tonnes. (SOURCE)
Jan, 22 2024
KONTAN.CO.ID - JAKARTA. Toll roads are one of the massive connectivity infrastructures built during the era of President Joko Widodo (Jokowi)'s administration. The presence of this paid toll road is considered to be able to improve the economy, facilitate community mobility, and provide connecting access between regions spread across 5 Indonesian islands, namely Java, Sumatra, Kalimantan, Sulawesi and Bali. Quoted from the official website of the Toll Road Regulatory Agency (BPJT) on Tuesday (16/01/2024), from 1978 to mid-January 2024, the total length of toll roads operating in Indonesia has reached 2,816 Km. Spread across Java Island 1,782.47 Km, Sumatra Island 865.43 Km, Kalimantan Island 97.27 Km, Sulawesi Island 61.64 Km, and Bali Island 10.07 Km. All toll roads that are in operation are managed by 59 Toll Road Business Entities (BUJT) on 73 toll road sections in which there are 132 Rest and Service Places (TIP) or rest areas. Previously, in 2023, toll roads that had been operating were 217.77 km long. Here's the list: The Sayung-Demak toll road is 16.01 km long The Jakasampurna-Marga Jaya toll road is 4.88 km long The Kukusan-Krukut toll road is 3.5 km long The Blang Bintang-Baitussalam toll road is 12.71 km long The Taruma Jaya-Cilincing toll road is 7,285 km long The Jatikarya-Cikeas toll road is 3.78 km long The East Probolinggo-Gending toll road is 9.08 km long Toll Sp. Indralaya-Prabumulih is 63.5 km long The Cimalaka-Dawuan toll road is 29,165 km long The Cigombong-Cibadak toll road is 11.05 km long The Stabat-Kuala Bingai toll road is 7.55 km long The Krukut-Cinere (Limo) toll road is 2,186 km long The Indrapura-Limapuluh toll road is 15.15 km long The Pamulang-Cinere toll road is 3,631 km long The Tebing Tinggi-Indrapura toll road is 22.85 km long The Indrapura-SS Indrapura toll road is 5.45 km long (SOURCE)
Jan, 22 2024
Bisnis.com, CIREBON - Bank Indonesia of Cirebon Representative noted that investment realization in Cirebon, Indramayu, Majalengka and Kuningan (Ciayumajakuning) reached IDR 10.78 in 2023. Head of Bank Indonesia of Cirebon Representative, Hestu Wibowo, said that during 2023 the realization achieved would be 85.2%. "The 2023 Ciayumajakuning investment target of IDR 10.78 trillion contributes 5.74% to the West Java investment target," said Hestu in Cirebon City, Tuesday (2/1/2024). Investment in Ciayumajakuning is still dominated by the mining sector at 45.91%. Others are the food crop and plantation sectors; non-metallic mineral industry: as well as trade and repairs. Based on Bank Indonesia records, there are four companies in Ciayumajakuning that control investment in the eastern region of West Java. The four companies are, PT Kilang Pertamina Internasional (KPI) RU VI Balongan Indramayu, PT Polytama Propindo, PT Taekwang Indonesia, and PT Sido Agung Agro Prima. PT KPI RU VI Balongan invested IDR 17.18 trillion (2022-2027), PT Polytama Propindo IDR 5.03 trillion (2022-2025), PT Taekwang Indonesia IDR 42.8 billion (2022-2025), and PT Sido Agung Agro Prima IDR 83 billion (2022-2023). The Cirebon Regency Capital Investment and One-Stop Integrated Services Service (DPMPTSP) said that by the third quarter of 2023, investment realization in Cirebon Regency had reached IDR 2.16 trillion. The regional government is targeting investment realization of IDR 2.9 trillion by December 31, 2023. "We are optimistic that the investment realization of IDR 2.9 trillion can be achieved. Last year alone, the realization reached IDR 2.8 trillion. "This figure exceeds the target of IDR 2.67 trillion," said Head of DPMTSP Cirebon Regency, Dede Sudiono. According to DPMPTSP records, the electricity, gas and water sectors have again become one of the largest contributors to investment realization in Cirebon Regency. This sector has been a contributor to investment for the last 10 years. In that period, the electricity, gas and water sectors contributed IDR 917.9 billion “This sector has proven to contribute greatly to the investment process. "In fact, it beats the leather goods and footwear industry," said Dede. (SOURCE)
Jan, 22 2024
JDIH Marves – In order to increase the effectiveness of managing the Legal Reform Index (IRH), the West Java Provincial Government Legal Bureau (Pemprov Jabar) held a comparative study visit to the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) on December 14 2023. This visit aims to gain further insight regarding IRH management and gain an in-depth understanding of the best practices that have been implemented at the national level. The West Java Provincial Government Legal Bureau team, led by an Associate Expert Legal Analyst, was warmly received by officials from the Legal Bureau of the Coordinating Ministry for Maritime Affairs and Fisheries, Nicolaus Naibaho along with staff and staff within the Legal Bureau of the Coordinating Ministry for Maritime Affairs and Fisheries. During the visit, the West Java Provincial Government Legal Bureau team also had the opportunity to listen to a presentation regarding the concrete steps that have been taken by the Coordinating Ministry for Maritime Affairs and Fisheries in increasing the achievements of the Legal Reform Index. It is hoped that open discussions and exchange of ideas between the two parties can provide valuable input to improve and strengthen the legal system at the provincial level. This comparative study reflects the West Java Provincial Government's commitment to continuing to improve the quality of legal services and implementing reforms aimed at increasing the effectiveness of law at the regional level. After this visit, it is hoped that there will be closer synergy between the central and regional governments in joint efforts to achieve the goals of legal reform in Indonesia. (SOURCE)
Jan, 17 2024
Get in touch with us by filling out the form. Whether you expanding your business to West Java or buying goods from West Java, our team is ready to assist you every step of the way.
Online and Offline 
Ind
Eng
