BANDUNG--The sixth annual West Java Creative Works and West Java Crafts Week (KKJ-PKJB) event was held again this year. KKJ-PKJB 2024, which is a synergy of the West Java Provincial Government, West Java Dekranasda and West Java Bank Indonesia, will be held at the Trans Convention Center and Trans Studio Mall Bandung from 28-30 June 2024. The activity with the theme "Synergy to Strengthen the Green Economy, Digital and Inclusive Finance and Investment Climate for Economic Independence" will present various premium craft, fashion, culinary and other creative industry products originating from 100 of West Java's leading MSMEs. Head of the West Java Industry and Trade Service, Noneng Komara Nengsih, said that the 2024 KKJ-PKJB synergy event was held to support the National Movement Proud to be Made in Indonesia and Proud to Travel in Indonesia (Gernas BBI and BWI), especially in order to encourage increased competitiveness of creative MSMEs in West Java. "A total of 27 Regency/City Dekranasda throughout West Java participated in enlivening this activity through fashion shows with all OPDs of West Java Province as well as showcasing the superior creative products of each region," said Noneng in Bewara West Java (BEJA) Vol. 6, in Bandung City, last weekend. Showcasing of regional superior products will also be encouraged to facilitate go digital go export trade promotions through business matching with potential buyers. Furthermore, after the showcasing activities in the KKJ-PKJB 2024 area are completed, promotions and sales, including transactions for West Java MSME products, can still be carried out via the website www.karyakreatifbayararat.com and various marketplaces. Head of the West Java Tourism and Culture Service, Benny Bachtiar, said that the 2024 KKJ-PKJB event was also directed at attracting tourists to visit not only the city of Bandung, but also various other interesting destinations in West Java. Apart from the various attractions and entertainment that have been prepared, on the tourism side, KKJ-PKJB 2024 will also specifically hold the West Java Tourism Talk (WJTT), an interactive talk show that will dissect the potential and challenges of West Java tourism as a source of new economic growth. Apart from that, WJTT is also aimed at preparing a road map for developing West Java tourist destinations as a concrete step in realizing Gernas BWI. As an added value and continuing the success of the previous year, KKJ-PKJB 2024 is also accompanied by the Java Tea Experience (JTE) side event. In this event, JTE 2024 presents 20 superior tea products throughout Java, ranging from smallholder plantation tea commodities, the tea industry to artisan tea. JTE 2024 will be the right location for the people of Indonesia in general and West Java in particular to shop for MSME products at the KKJ-PKJB event while enjoying the various flavors of Javanese tea served by the best tea makers throughout Java. Source
Jun, 24 2024
Bandung, Sonora.ID - There will be 100 excellent Micro, Small and Medium Enterprises (MSMEs) in West Java (Jabar) present and display a variety of superior products in the West Java Creative Works and West Java Craft Week (KKJ-PKJB) 2024 held for the sixth time at the Trans Convention Center TSM Bandung on June 28-30, 2024.KKJ-PKJB 2024 takes the theme 'Synergy to Strengthen Green Economy, Digital and Inclusive Finance and Investment Climate for Economic Independence', will present various craft products, fashion, culinary, and other premium creative industries. In his presentation, Deputy Head of Bank Indonesia Representative of West Java Province, Muslimin Anwar stated that the KKJ-PKJB 2024 event is a Road to Indonesian Creative Works (KKI) 2024 event. "Of course, we hope that this strategic flagship event can contribute to maintaining West Java inflation to stay within the target range of 2.5 plus 1 percent," said Muslimin in the Soft Opening of KKJ - PKJB 2024 which was coupled with the Bewara Jawa Barat (BEJA) event at Braga City Walk Bandung, Saturday (22/6/2024). "We also hope that this event can also encourage West Java's economic growth to remain strong, sustainable and inclusive in the range of 4.6% to 5.4% by the end of 2024," he said. "There is also support for West Java's sustainable economic growth to be strengthened not only in the development of MSMEs, especially green MSMEs, but also to be directed to encourage the digital financial economy, inclusiveness, and investment," he added. Muslimin further explained that the Green Economy concept carried out at KKJ-PKJB 2024 was further strengthened through the showcasing of green MSME products, green financing support for green MSMEs, appreciation and webinars for green MSMEs, to the utilization of a circular economy through the Zero Waste Event concept. In addition, this event also supports inclusive digitalization through the QRIS Jelajah Indonesia program, digitalization of payment systems through QRIS to digital population services and vehicle tax payments. These things are also coupled with the West Java Industrial Meeting (WJIM), as a forum for disseminating Macroprudential Liquidity Policy (KLM) and Local Currency Transaction (LCT) for business people to maintain financial stability, encourage the realization of bank financing, increase investment realization and and maintain exchange rate stability. He said, apart from being the right place for the people of West Java to shop for premium quality MSME products typical of West Java, the KKJ-PKJB 2024 event also included various interesting competitions that could be participated in by the community. "Don't forget, in this series of events there is a processed food cooking competition with Chef Lord Adi, the Cinta Bangga Paham Rupiah Championship competition for high school level, a fashion show competition for banking employees in West Java titled 'Ngabaraya Fashion Walk' to the 'West Java Fashion Designer Competition," said Muslimin. It is known that KKJ-PKJB 2024 will be colored with various interactive booths and consumer literacy education sessions in accessing financial services and payments, and there will be entertainment by Kahitna and Yura Yunita. In addition to the various attractions and entertainment prepared, on the tourism side, KKJ-PKJB 2024 also specifically held West Java Tourism Talk (WJTT), an interactive talk show that will dissect the potential and challenges of West Java tourism to become a source of new economic growth. (SOURCE)
Jun, 24 2024
Bisnis.com, BANDUNG - The West Java Provincial Government in collaboration with the West Java Representative Office of Bank Indonesia, held the West Java Investment Roadshow 2024 at Hotel Indonesia Kempinski, Jakarta, this week. The event aims to strengthen sustainable synergies in infrastructure, agriculture, and tourism throughout West Java. The roadshow was attended by a number of key officials, including Director of the Directorate of Promotion for Southeast Asia, Australia, New Zealand and the Pacific Saribua Siahaan; Deputy Head of Bank Indonesia West Java Representative Office Muslimin Anwar; Head of West Java Housing and Settlement Office Indra Maha; and Deputy Regent of Sukabumi Iyos Somantri. The roadshow is intended to demonstrate a strong commitment to investment development in West Java. Head of the West Java Investment and One-Stop Integrated Service (DPMPTSP) Nining Yuliastiani emphasized West Java's commitment to maintaining its position as a major investment destination in Indonesia. "With rapid globalization, technological advances, and changing market dynamics, West Java needs to have a new perspective in interacting with investors," said Nining, Friday (21/6/2024). Nining said West Java is currently home to more than 14,000 companies with an investment value of Rp210.7 trillion in 2023, which represents 148.5% of national investment realization. "West Java offers a stable and friendly business environment, supported by a transparent regulatory framework and government support," she said. West Java's strategic location that offers access to Indonesia's domestic market and ASEAN economies is one of the main advantages. In addition, world-class infrastructure projects, such as the new port in Patimban, Subang, have increased the province's investment attractiveness. The province's skilled workforce and commitment to renewable energy and digitalization are also key supporting factors. With the theme "SUSTAINABLE SYNERGIES: ENHANCING INFRASTRUCTURE, AGRICULTURE, AND TOURISM IN WEST JAVA" the event held in Jakarta reflected the province's commitment to collaborative growth and sustainable development in key sectors. Nining said there were eight projects offered to investors at the roadshow. First, Jatigede Regional Water Supply System owned by West Java Provincial Disperkim; Sinumbra Regional Water Supply System owned by Java Provincial Disperkim; The Downstream Development in South Bandung Regional Water Supply System owned by PT Tirta Gemah Ripah; Construction of an Integrated Poultry Processing Industry driven by Ciamis district; Development of Modern Rice Processing Industry offered by Sukabumi district. Then, Bagendit World Class Tourism offered by Garut district; Clean Water Service for Patimban Sea Port, Special Industrial Zone, Domestic Area offered by Subang district; Optimizing of Water Supply System in Jatiluhur District, Purwakarta offered by Purwakarta district. "Projects number 4 to 8 are part of the Investment Challenge program. This program aims to challenge regencies and cities in West Java to explore their investment opportunities, so as to attract more investors and boost local economic growth," she said. Nining confirmed that the West Java Provincial Government is committed to providing an efficient investment process through dedicated investment promotion agents. They offer competitive investment packages with attractive fiscal and non-fiscal incentives as well as support from strategic investment advisory services. The roadshow is part of the annual West Java Investment Summit (WJIS) scheduled for late September 2024. The event aims to provide investors with in-depth knowledge on how best to invest in West Java, emphasizing the region's potential for sustainable and inclusive growth. Nining Yuliastiani invited the audience to explore the abundant investment opportunities in West Java. "We look forward to your investment and business expansion in West Java," she concluded. (SOURCE)
Jun, 24 2024
On June 18, 2024, Korean Water Resources Corporation (K Water) made a strategic visit to Indonesia to explore potential investments in the water infrastructure sector, particularly related to the national strategic project (PSN) at Patimban Port, West Java. The port, which is planned to accommodate 7 million TEUs of containers, is a key focus in Indonesia's infrastructure development efforts. Visit to Patimban Port and Perumda Air Minum Tirta Rangga SubangK Water's visit to Perumda Air Minum Tirta Rangga Subang at Patimban Port highlighted their commitment to contribute to meeting the clean water needs of the port and surrounding area. The meeting was attended by K Water's Chief Representative in Indonesia, Park Se Won, as well as a representative from Dong-A Ilbo, one of Korea's leading newspapers, Yeyoon Kim, who also observed the investment potential in the water infrastructure sector. According to the Technical Director of Perumda Tirta Rangga, Nana Ruhana, the progress of the construction of the water supply system in Patimban Port has reached 5 liters per second from the final target of 42 liters per second. The first step has been taken with the construction of a reservoir with a capacity of 900 cubic meters, which is planned to be increased to 2 times to support a larger capacity. West Java Investment Roadshow On June 20, 2024, the West Java Investment Roadshow event in Jakarta became an important platform to promote the investment potential in West Java, particularly in Patimban Port. This move is in line with the local government's efforts to attract foreign investment to support regional infrastructure and economic development. Potential Cooperation in the Lake Toba Region Not only in West Java, K Water has also shown its interest in developing infrastructure in the Lake Toba Region, North Sumatra. On June 20, 2024, the Korean SOE participated in a strategic meeting in South Jakarta initiated by the Lake Toba Authority (BPODT). (SOURCE)
Jun, 24 2024
Governor of Bank Indonesia (BI) Perry Warjiyo speaks during the Announcement of the Results of the June 2024 BI Board of Governors Meeting in Jakarta, Thursday (20/6/2024). ANTARA/Martha Herlinawati Simanjuntak Jakarta (ANTARA) - Bank Indonesia (BI) said Indonesia's economic growth remains strong amid global uncertainty, supported by the policy mix of Bank Indonesia and the government. "Private consumption grew well along with maintained purchasing power and strong consumer confidence," BI Governor Perry Warjiyo said in the Announcement of the Results of the June 2024 BI Board of Governors Meeting here on Thursday. In addition, Perry said investment increased, both building and non-building investment, in line with the continuation of government infrastructure projects and improved private investment. Increased domestic demand in the second quarter of 2024 was reflected in the positive performance of a number of household consumption and investment indicators, such as the Consumer Confidence Index, Real Sales Index, and Manufacturing Purchasing Managers' Index (PMI). Furthermore, goods exports increased driven by an increase in mining and manufacturing exports to major trading partners, such as China and India. Services exports also improved on the back of economic recovery in the countries of origin of foreign tourists. (SOURCE)
Jun, 24 2024
In 2024, we actually set an initial target of almost US$17 billion. However, our projection to date is at least 15-16 billion US dollars. Bandung (ANTARA) - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) targets investment in the upstream oil and gas sector to reach US$16.1 billion this year, an increase of around 18 percent from the 2023 realization of US$13.7 billion. "In 2024 we actually set an initial target of almost 17 billion US dollars. However, our projection to date is at least US$15-16 billion," SKK Migas Deputy for Finance and Commercialization Kurnia Chairi said at the 2024 Natural Gas Forum in Bandung, West Java, Wednesday. He said investment in the oil and gas sector has experienced an improving trend in line with incentive support by the government, both in the form of fiscal and non-fiscal incentives. Referring to 2023 data, investment in the oil and gas sector was able to increase by 13 percent to 13.7 billion US dollars amid the transition of the industry from fossil energy to renewable energy. SKK Migas is optimistic that this performance shows the positive potential of the oil and gas sector. This potential has made it target the number of drilling activities to reach 799 wells this year from 322 wells in 2019. "This shows that our appetite to invest in upstream oil and gas is still very high," he said. Previously, Head of Program and Communication Division of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Hudi D. Suryodipuro said in a statement here on Thursday (13/6) that improvements in the fiscal and taxation systems provided by the government had an impact on increasing the competitiveness value of Indonesia's upstream oil and gas investment from 4.75 in 2020 to 5.30 in early 2024, according to the Standard & Poor's (S&P) International Rating Agency. Increased investment has a positive impact on exploration activities. The value of upstream oil and gas exploration investment rose from US$0.54 billion in 2020 to US$0.93 billion in 2023. The increase contributed to the discovery of gas resources such as in Geng North and Layaran, which are among the world's five largest discoveries in 2023. "With these giant discoveries in 2023 and also in 2024 at the Tangkulo-1 well in the South Andaman WK (Working Area) of 2 TCF, SKK Migas is committed to accelerating the on stream process of these discoveries, ensuring that they can immediately contribute to national oil and gas production as soon as possible," he said. To maintain this positive momentum, SKK Migas continues to evaluate the long-term plan and implement various efforts to accelerate the process. Translated with DeepL.com (free version)
Jun, 19 2024
Bisnis.com, BANDUNG - The head of the West Java Investment and One-Stop Integrated Service (DPMPTSP) and the heads of DPMPTSP 27 regencies and cities in West Java signed an Integrity Pact to help develop small and medium enterprises (SMEs), micro, and supermicro businesses. One part of the development included in the integrity pact is to facilitate the issuance of business identification numbers (NIB). With an easier NIB, small businesses can access legal funding through banks and cooperatives. "To reduce poverty and reduce unemployment, one of the most strategic and important sectors is small, micro, and even supermicro businesses so that their businesses are vibrant and can advance in class," said West Java Regional Secretary Herman Suryatman as quoted on Thursday (13/6/2024). According to him, the government's job is to create the atmosphere and create an ecosystem. "One of them is that we will support the legalization of businesses from SMEs, especially micro and supermicro ones. Yes, one of them is the Business Identification Number, or a business license for these low-risk ones," Herman added. Herman said, the realization of NIB issuance for SMEs in West Java until 2023 reached 1.4 million NIBs. Herman targets 2024 to issue 1 million NIBs, so that it can reach the end of 2024 to 2.4 million NIBs. "God willing, next year we will beat back 1.6 million so that we target 2025 all micro and supermicro small businesses have received legalization of business licenses," he added. According to him, the legality of MSME businesses will have a tremendous impact. "Because those who are micro, supermicro, they will be bankable later, they will start accessing formal financing funding, they will go to banks, to cooperatives, to Islamic banks, of course in West Java there are in all districts / cities," he added. The ease of access to legal financing, said Herman, is a solution so that small business actors are no longer trapped in illegal online loans, let alone emok banks or loan sharks. Herman emphasized that Pemdaprov Jabar together with regency and city governments will work together to facilitate the issuance of 1 million NIBs in 2024 to increase capacity, business quality, for SMEs, micro and supermicro businesses. As support, Pemdaprov Jabar is currently designing a credit scheme that is very cheap and easily accessible. "So that after the NIB, we facilitate the next financing scheme, we provide easy and cheap access, then the training will be designed in such a way with BLK (Job Training Center), of course with the central government working together," said the West Java Regional Secretary. West Java DPMPTSP Nining Yuliastiani stated that she is ready to support DPMPTSP in 27 regencies and cities to be able to promote the issuance of this NIB. "We will provide maximum support so that they can issue NIBs for SMEs," said Nining. (SOURCE)
Jun, 14 2024
JABARTRUST.COM, BANDUNG, -The Regional Secretary of West Java Province, Herman Suryatman, emphasized the importance of finalizing the teaching factory concept for graduates of Vocational High Schools (SMK) to be in line with industry needs. This statement was made during a meeting on Optimizing Manpower Absorption in the West Java Secretary's Office, Gedung Sate Bandung, Wednesday (12/6/2024). In the meeting which took place with the concept of coffee morning, Herman revealed data from the Central Statistics Agency (BPS) which showed a decrease in unemployment in West Java. As of February 2024, the unemployment rate decreased by 217,000 people compared to February 2023, to 1.79 million people. However, SMK graduates still top the open unemployment rate with a percentage of 12.33 percent, followed by high school graduates at 8.98 percent. "Seeing the authority of SMA / SMK which is at the provincial level, there needs to be special treatment so that the absorption of labor can be optimal," Herman said. He emphasized that the teaching factory concept must be more adapted to the industrial map in West Java. "The concept of teaching factory can be further finalized by matching the types of vocations in SMK with the industrial map in West Java," he added. West Java currently has two developing Special Economic Zones (SEZs), namely Rebana SEZ in North West Java and Lido SEZ in South West Java. Herman emphasized the importance of collaboration between the Education Office with the Industry and Trade Office and the One-Stop Integrated Service Investment Office (DPMPTSP) to strengthen teaching factories in vocational schools. "In this meeting, we are looking for the best ingredients for policies that we have to correct," Herman explained. With the Merdeka Belajar Curriculum, he is optimistic that the implementation of the teaching factory concept in SMK will be easier and more effective. "We need to provide support with breakthroughs or present policies that support the synergy between learning in vocational schools and industry," he added. The Head of West Java DPMPTSP, Nining Yuliastiani, stated that with the presence of the two SEZs, West Java has become a labor-intensive and high-tech investment destination. "West Java is a destination for capital-intensive and hi-tech industries, and the composition has already been formed. It is in that position that we prepare the quality of our human resources," she said. Nining also emphasized that investors are ready to accept high school/vocational school graduates from West Java as long as they meet the required qualifications. "They are ready to use West Java labor but it must be qualified, qualified, according to their needs," said Nining. With this strategy, it is expected that SMK graduates in West Java can be absorbed more optimally in the industry, so as to reduce unemployment and improve the welfare of the people in this province. (SOURCE)
Jun, 14 2024
JAKARTA, KOMPAS.com - PT Bandarudara Internasional Jawa Barat (Perseroda) or BIJB revealed that investors from India and Saudi Arabia canceled investing in Kertajati Airport, West Java. President Director of PT BIJB Muhammad Singgih said, potential foreign investors from the two countries had expressed interest in investing in Kertajati Airport. However, the prospective investors did not qualify for the tender process. "Indeed, the initial interest of the prospective partner exists. But as the process has been carried out from these prospective partners until the process ends, it still does not produce a winner," he told Kompas.com, Tuesday (11/6/2024).He further revealed, for prospective investors from India did not succeed in submitting an investment proposal until the deadline ended. Even though the prospective investor has expressed interest in investing in Kertajati Airport and has conducted due diligence. Meanwhile, investors from Saudi Arabia have submitted investment proposals but there are a number of investment requirements that are not met by them. "The reason is that some investors did not submit proposals until the end of the period, and some submitted proposals but not in accordance with the RfP (Request for Proposal)," he said. Vice President of Corporate Secretary and General Administration of BIJB Dian Nurrachman added, even though they canceled their investment in the tender process for the 2023-2024 period, the potential investors can still re-submit their investment interest when BIJB reopens the next tender. However, he still cannot confirm when BIJB will reopen the tender for investment at Kertajati Airport. "They can participate in investment again if it is opened again, it is not a blacklist," he told Kompas.com when contacted separately, Tuesday.Reflecting on this, his party will evaluate the causes of potential foreign investors not entering Kertajati Airport. Thus, when opening the next tender, investors will find it easier to realize their investment. "We are still evaluating why the failure, whether because the requirements are too difficult or what," said Nurrachman. Nurrachman said, in addition to investors from India and Saudi Arabia, previously there were also a number of foreign investors from Singapore and the United Arab Emirates (UAE) who were interested in investing in Kertajati Airport. But not yet to the investment stage like investors from India and Saudi Arabia. AP II President Director Muhammad Awaluddin said, the determination of Kertajati Airport share ownership for foreigners was carried out through a tender process. This tender process will be carried out by PT BIJB. BIJB is a regionally owned company whose majority shares are owned by the West Java Provincial Government and PT AP II by 25 percent. "The target is that we strive for December to have closing transactions so that later in the beginning of the year the owners have increased," he said when met at Kertajati Airport, West Java, Wednesday (18/10/2023). Later, the West Java Provincial Government as the majority shareholder of PT BIJB will gradually reduce the portion of its share ownership. "So what is done is the release of part of PT BIJB's portfolio shares to the strategic partner," he said. He explained that foreign investors who win the tender will synergize with AP II as the current operator of Kertajati Airport. In other words, foreign investors who own PT BIJB shares can participate in operating Kertajati Airport with AP II. Therefore, he hopes that this new investor can boost the performance of Kertajati Airport, which is currently still not optimal. Previously, PT Angkasa Pura II (Persero) or AP II targeted the process of ownership of Kertajati Airport shares by foreign investors to be completed by the end of this year, so that by early 2024 the owner of Kertajati Airport had increased. (SOURCE)
Jun, 14 2024
JABARTRUST.COM, BANDUNG, - In recent years, West Java has become a prima donna for foreign investment (PMA) and domestic investment (PMDN) companies, with investment realization achievements that consistently exceed the target set by the Investment Coordinating Board (BKPM). "We hope that the absorption of investment in West Java can improve human development indicators such as the unemployment rate, social inequality (gini ratio), and poverty alleviation," Herman Suryatman said during a briefing after a morning briefing and meeting with the ranks of the One-Stop Investment and Integrated Services Office (DPMPTSP) in Bandung City, Monday (10/6/2024). Regional Secretary of West Java Province, Herman Suryatman emphasized the importance of improving the performance of DPMPTSP which has been considered good to be even more optimal. "One thing we will create is how investment can have an impact on improving people's welfare," he said. Herman also acknowledged that West Java's licensing and investment services are among the best in Indonesia. However, he emphasized that these services must have a direct impact on the welfare of the community. "We can reduce unemployment, the Gini index, and poverty with licensing and investment tools," he added. In addition, Herman also wants to encourage the ease of business licenses for West Java residents who have micro and super micro businesses. "Wait for the play date. We will help, of course together with districts and cities," he said. The Head of West Java DPMPTSP, Nining Yuliastiani, expressed her readiness to answer the challenge. She is committed that the community welfare targeted by Herman can be realized through inclusive and sustainable investment. "We will realize community welfare with inclusive and sustainable investment," said Nining. With this encouragement, the West Java Provincial Government hopes to create a conducive investment climate while improving the quality of life of the community. Incoming investment is expected to not only increase economic growth, but also improve social welfare indicators in the province. (SOURCE)
Jun, 14 2024
TRIBUNJABAR.ID, BANDUNG - The West Java Provincial Government is working to encourage inclusive investment and provide ease of doing business for the community. Acting Governor of West Java Bey Machmudin also appreciated the efforts made by the West Java Investment and One-Stop Integrated Service (DPMPTSP) Office. Earlier in the week, Bey said he had witnessed the service directly to the applicants. He also appreciated the services provided by the West Java DPMPTSP. West Java has received the first rank in public services from BKPM, for investment services West Java is already a champion compared to other provinces. This shows that the service in West Java is very good," he said at Gedung Sate, Wednesday (12/6/2024). Bey also asked that in providing excellent service, the quality of service continues to be improved with licensing services that are closer to the community. Responding to this, the Head of West Java DPMPTSP, Nining Yuliastiani, ensured that his party initiated the formation of a provincial integrated public service (P2TP). In addition, to all levels of DPMPTSP leaders and employees, his party is committed to encouraging the acceleration of realization for investments that will enter West Java. "As well as being a communication bridge for the acceleration of investment from the regions to the central government. We ensure that we are committed to continue to encourage the acceleration of investment realization in West Java and provide licensing services to all business actors," said Nining, Wednesday (12/6/2024). She realizes that this investment can create a huge multiplier effect that can improve the welfare of the community in the future and of course requires a very high commitment from the leadership and support from related stakeholders. According to him, P2TP integrates services for making intellectual property rights (HAKI) - Ministry of Law and Human Rights of the Republic of Indonesia, Indonesian Standard/SNI certificate services from the National Standardization Agency, halal certificates from the Halal Product Guarantee Agency of the Ministry of Religion, and Food and Drug Supervisory Agency services, all of which can be served at the West Java DPMPTSP Office. "In order to bring these services closer to umk business actors, there are direct services (on the spot) to the community through the Sakiceup Boss program and the SAMPERIN UMK car. With P2TP and the Sakiceup Boss program, it can provide many services in one place so that people can more easily access business services," said Nining. Meanwhile, West Java Secretary Herman Suryatman also said that the West Java DPMPTSP has a very vital role in encouraging a decrease in unemployment. This is through the creation of jobs sourced from investment and improving the welfare of the people of West Java. (SOURCE)
Jun, 13 2024
Jakarta - Regional Secretary of West Java Province (Sekdaprov Jabar) Herman Suryatman encourages investment in West Java to have a direct impact on the welfare of citizens. Herman also hopes that the absorption of investment in West Java can improve human development indicators in West Java. The indicators in question include the unemployment rate, social inequality (gini ratio) to poverty alleviation. "This morning we are consolidating ourselves so that the performance of the West Java Province Investment and One-Stop Integrated Services (DPMPTSP) Office, which is already cool, can be even cooler. One thing we will create is how investment has an impact on improving people's welfare," said Herman, in a written statement, Monday (10/6/2024). West Java Province is a prima donna for companies both Foreign Investment (PMA) and Domestic Investment (PMDN) to successively rank first nationally because West Java investment realization consistently exceeds the target set by the Investment Coordinating Board (BKPM). This was conveyed by him after the morning roll call and meeting with the ranks of DPMPTSP in Bandung City, Monday (10/6/2024). Basically, Herman acknowledged that West Java licensing and investment services are among the best in the country. So again he emphasized that it could have a direct impact on the welfare of the community. "We can reduce unemployment, the Gini index, as well as poverty with the tools of licensing and investment," said Herman. Another thing that Herman wants to strive for, namely encouraging the ease of business licenses for West Java residents who have micro and super micro businesses. "Wait for the play date. We will help, of course together with the city district," said Herman. Head of DPMPTSP Jabar Nining Yuliastiani stated that her party was ready to answer the challenge. He is also committed to the welfare of the community that Herman targets can be realized through inclusive and sustainable investment. "We will realize the welfare of the community with inclusive and sustainable investment," she concluded. (SOURCE)
Jun, 13 2024
"Investment realization in Cirebon has only reached 29.06 percent of the target set in 2024 of IDR 3.23 trillion" Cirebon (ANTARA) - Investment realization in Cirebon Regency, West Java, reached IDR 939.8 billion in the first quarter of 2024 with the most dominant sector for investment being the industrial sector. "Investment realization in Cirebon has only reached 29.06 percent of the target set for 2024 of IDR 3.23 trillion," said Head of the Cirebon Regency Investment and One-Stop Integrated Service (DPMPTSP) Dede Sudiono in Cirebon, Monday. Based on data, he said, the highest investment realization occurred in the leather goods and footwear industrial sector, which reached IDR 82.93 billion. Then, the rubber and plastic industry also made a significant contribution to investment realization in Cirebon Regency, namely around IDR 67.65 billion. Dede said that positive results were also seen in the chemical and pharmaceutical industry, with realized capital investment recorded at IDR 49.61 billion. "For other industrial sectors, we recorded investment achievements reaching IDR 166.62 billion," he said. Apart from industry, according to him, quite large investment figures also occurred in other service sectors with a realization of IDR 142.57 billion, followed by the housing, industrial area and office sectors of around IDR 73.06 billion. Dede explained that to achieve the target by the end of 2024, his party has implemented various policies that make investment easier in Cirebon Regency, one of which is by implementing integrated licensing, so that investors can invest capital in several potential sectors in Cirebon Regency. “Licensing can now be done digitally. "So it makes it easier for investors to invest their capital," he said. He added that with a good investment climate, it will be able to open up job opportunities for residents so that it will also have an impact on reducing the unemployment rate. "During the first quarter of this year, investment activities could absorb up to 3,322 local workers in Cirebon Regency. "Meanwhile, foreign workers only make up 15 percent," he said. (SOURCE)
Jun, 13 2024
Investment in West Java is again ranked first nationally in the first quarter of 2024. Investment entering West Java is dominated by the processing industry. Head of the West Java DPMPTSP, Nining Yulistiani, said that the total investment coming into West Java until the first quarter of 2024 reached IDR 64.7 trillion and was the highest in Indonesia. "This first quarter, West Java investment ranked first in Indonesia, namely IDR 64.7 trillion," said Nining in Bandung, Thursday (16/5/2024). Nining detailed that the investment value of IDR 64.7 trillion consisted of IDR 23 trillion of Domestic Investment (PMDN) and IDR 41 trillion of Foreign Investment (PMA). "With a composition of IDR 23 trillion PMDN, IDR 41 trillion PMA. If you look at the composition, the processing sector is in first position, so the growth is good," he explained. According to him, the high investment value is driven by a number of factors such as developed infrastructure, a large market and guaranteed political stability. Until the end of 2024, Nining said that the processing industry sector, especially the automotive sector, will still dominate incoming investment in West Java. In fact, according to him, investors from China and Vietnam have also looked for places to invest their capital in West Java. "Several investors from various countries are interested in investing in automotive, China and Vietnam have conveyed information to us. China has already obtained land, Vietnam is still in the process of searching for land," he concluded.
May, 20 2024
Warta Ekonomi, West Bandung - West Java is a barometer for regional and industrial growth. Therefore, national investment is influenced by the manufacturing industry in West Java. For this reason, the Industrial Area Association (HKI) requested that the West Java Provincial Government through the West Java Investment and One-Stop Integrated Services Service (DPMPTSP) diligently hold meetings with KI entrepreneurs. HKI Executive Director Fahmi Sahab said that West Java appreciated the West Java DPMPTSP for holding the Industrial Area Investment Acceleration Forum which gathered entrepreneurs and regulators in one forum. "Climates for improving investment must be seen in the future, so it is very necessary for a forum like this to be held regularly with the central government, regional governments and the business world," said Fahmi to journalists after participating in the Forum for the Acceleration of Investment in Industrial Areas at the Mason Pine Hotel. , West Bandung Regency, Wednesday (15/5/2024). In this forum, a number of industrial entrepreneurs expressed many complaints regarding investment issues in the field. Starting from water supply to complicated licensing between ministries. In this forum, this issue was directly answered by the Ministry of Industry, BKPM and DPMPSTP districts/cities in West Java. Fahmi believes that regulators and the business world can discuss developments and problems in the field related to investment, such as security, licensing and infrastructure. "Because this industrial area cannot be seen as pure business. This is a form of concern for national economic development which has a multiplier effect on foreign exchange, labor and the environment," he explained. He also believes that the task of industrial areas is actually the task of the government, but since 1989 this opportunity has been given to the private sector which has ultimately encouraged the growth of the manufacturing industry and made regional entrepreneurs partners with the government. "So that problems in industrial areas cannot be left entirely to industrial areas, they must be resolved by the central or regional government, both in terms of software and hardware, both in terms of licensing and infrastructure," he explained. Assistance from the government, continued Fahmi, will have a huge impact on national economic growth. "Industrial areas are an instrument, a tool for accelerating industry which ultimately leads to national economic growth," he said. Regarding the use of surface water by the industrial sector, Head of the One Stop Integrated Service Investment Service (DPMPTSP) of West Java Province (Jabar) Nining Yuliastiani said that the two River Watersheds (DAS) in West Java fall under the authority of the Ministry of PUPR. "Now we (West Java Provincial Government) only give authority to two watersheds in the southern part of West Java," he said. Nining assesses that this condition does not have a significant impact on the business world. Because, in this area there are many small industrial sectors and there is still high potential for using groundwater. Meanwhile, for Northern West Java, this is still a problem. West Java BMPS has several times carried out several facilitation and coordination steps at the central, district/city levels, including horizontally, namely the agencies that regulate the policy by involving the ESDM Service. "We have also submitted a request to PUPR regarding this matter," he said. Since the publication of PUPR Ministerial Decree No. 2 /2024 last January. The letter states that there is certainty regarding the water use permit. Where previously you had to go through BBWS. "But now business actors are directly submitting it to the Ministry of PUPR, Director General of Natural Resources," he concluded.(SOURCE)
May, 17 2024
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