PORTALJABAR, BANDUNG CITY - The West Java Provincial Government continues to strive to increase economic growth in all sectors through increasing the investment sector. However, investment growth in West Java is currently not evenly distributed throughout the region. This is the case with investment growth in East Priangan which is considered to be lagging behind growth in other West Java regions. Therefore, West Java DPRD member Yod Mintaraga asked the West Java Provincial Government to encourage investment in the southern part of West Java. "Now investment is still juxtaposed, economic growth in southern West Java is still low, people's purchasing power is still low. Therefore, investment must be encouraged to South West Java," said Yod, last weekend. Yod said that one of the things that must be encouraged in East Priangan is the issue of connectivity or infrastructure. Infrastructure will be able to encourage and facilitate investors to invest well and easily. and easy. "If investment is encouraged to South West Java, the risk is that infrastructure development must also be encouraged to South West Java," concluded Yod. (SOURCE)
Jul, 12 2024
PORTALJABAR, BANDUNG CITY - The West Java Central Statistics Agency (BPS) recorded that the percentage of poor people in March 2024 was 7.46 percent, a decrease of 0.16 percentage points against March 2023 and a decrease of 0.52 percentage points against September 2022. BPS West Java also noted that the percentage of the urban poor population in March 2023 amounted to 7.19 percent, declining to 7.07 percent in March 2024. Meanwhile, the percentage of the rural poor in March 2023 was 9.30 percent, down to 9 point 07 percent in March 2024. West Java DPRD member Yod Mintaraga asked the West Java Provincial Government to continue to reduce and alleviate poverty with various programs, one of which is by increasing employment opportunities. "Poverty in West Java is partly due to the high unemployment rate which is also the cause of the large number of unemployed, if there is a lot of unemployment, the purchasing power is low," said Yod Mintaraga, when contacted some time ago. According to Yod, employment is very helpful for people to improve their welfare and to emphasize the unemployment rate in West Java which has a population of nearly 50 million. "To increase employment, investment in West Java needs to be encouraged towards employment so that unemployment decreases," he said. (SOURCE)
Jul, 12 2024
West Java Regional Secretary Herman Suryatman said the opening of the Purwakarta-Bandung-Cileunyi (Purbaleunyi) KM 149 and 151 toll gates in the Gedebage area, Bandung, will soon be accelerated. "We checked the field the other day with the Coordinating Ministry for Marves and the Ministry of Public Works, and we agreed to accelerate," Herman said in Bandung on Monday. As an acceleration step, Herman explained that he asked the Bandung City Government to conduct a traffic environmental impact assessment (EIA) study related to the opening of the toll gate. He asked that the EIA study be completed within a week, so that the Ministry of Transportation could immediately conduct a study to immediately decide, referring to the EIA results. "Hopefully with this careful study, with a feasibility study (FS) there will be a follow-up. Hopefully it can be accelerated, because our target is not to take long," he said. The road access is known to be strategic because it can be an important access to the GBLA Stadium, Al Jabbar Grand Mosque, Summarecon business and residential areas, to the Whoosh Tegalluar Fast Train Station, and to areas in eastern Bandung. Previously, the West Java Bina Marga Office said that the KM 149 Purbaleunyi toll gate still had to be repaired by involving the PUPR Ministry. Therefore, the KM 149 toll gate will be closed again starting in early 2024, after being functionally opened only during the day. "The target for the repair of exit 149 by the Ministry of PUPR is to complete construction in December 2024 and temporarily operate after a loading test," said Head of the West Java Bina Marga Spatial Planning Office Bambang Tirtoyuliono in the social media of the West Java Bina Marga Office about a month ago. (SOURCE)
Jul, 12 2024
The Department of Investment and One Stop Integrated Services (DPMPTSP) together with Bank Indonesia are collaborating to encourage economic growth in West Java through the investment side. In 2024, DPMPTSP and BI in the Regional Investor Relations Unit (RIRU), collaborate to organize an Investment Challenge. The Investment Challenge is an innovation from both of them in the form of holding a competition as part of an effort to increase the number of Investment Projects Ready to Offer in West Java. Head of West Java DPMPTSP Nining Yuliastiani said that in this first event, the competition was focused on exploring the potential of districts/cities throughout West Java. The series of activities include capacity building, preparing a business model canvas, preparing a pitch deck and pitch presentation. "The entire Investment Challenge event will produce two superior investment projects from the District/City which will have the opportunity to receive assistance facilities for preparing the Feasibility Study and Business Case," he said, quoted on Tuesday (9/7/2024). Furthermore, this facility also has the potential to continue to provide opportunities to participate in investment promotion activities with potential foreign investors, as well as assistance in carrying out business matching. In this Investment Challenge there are 3 selection stages, namely the top 10 best Business Model Canvas (BMC), the 5 best BMC and finally the 2 best BMC will be produced. The Investment Challenge event, Investment Roadshow is part of a series of road to West Java Investment Summit (WJIS) 2024 as a form of innovation and sustainable efforts from RIRU BI West Java together with the West Java Provincial Government to encourage the realization of West Java investment thematically to support sustainable economic growth. WJIS 2024 will be held in September or October 2024 with the theme "Unlock West Java Potential." The 5 regions that received the best investment proposal award were: Subang Regency, Purwakarta Regency, Sukabumi Regency, Ciamis Regency, Garut Regency. SOURCE
Jul, 10 2024
The Asia Africa Festival (AAF) 2024 on 6-7 July 2024 was lively and successful. This cannot be separated from the support, cooperation and prayers of all the people of Bandung City. "The 2024 Asia Africa Festival (AAF) was a success thanks to the support, cooperation and prayers of all employees and the people of Bandung City. Yesterday two days in a row went smoothly and successfully," said the Acting Regional Secretary (Sekda) of Bandung City, Dharmawan, Monday (8/7/2024) He considered that holding AAF was not only a momentum to remember the history of the Asian-African Conference (KAA) but also a form of pentahelix concern and collaboration between the government, entrepreneurs, academics and media as well as society which had been well developed in the city of Bandung. "This shows us that holding AAF is not only a momentum to remember the history of KAA but also as a form of concern, especially support from the Bandung city government and the community, that collaboration is going well," he said. Dharmawan said that holding AAF could also be a momentum for increasing investment in the city of Bandung. This is proven by the increasing occupancy rate and tourist visits to the city of Bandung. This can also be a momentum to boost the rate of economic growth in the city of Bandung. "We hope that holding AAF will be a momentum for increasing investment. The city of Bandung is a city full of hope in economic development," he said. "We need to intensify this, because one of the macro indicators is the rate of economic growth," he said. Not only that, AAF 2024 is also a series of the 214th Anniversary of the City of Bandung. So the momentum for the success of holding this AAF must be an inspiration for holding other HJKB series. "This is a form of collaboration from all stakeholders, all of whom directly support this process. I appreciate the solidity and solidarity of all regional officials so that the implementation runs well and smoothly," he said. SOURCE
Jul, 10 2024
A total of 18 tofu culinary MSME actors showed off their creations at the All About Tofu Culinary Festival at Cihampelas Walk. Taking place on 2-7 July 2024. This activity is part of the Industrial Center Festival. Based on the monitoring of Bandung City Public Relations, the third day of the All About Tofu Culinary Festival presented a variety of new innovations in the food ingredient tofu. Starting from mochi to donuts made from tofu. Not only that, the turnover of the All About Tahu Culinary Festival is also reported to have increased compared to last year's event. When confirmed, the Bandung City Trade and Industry Service (Disdagin) Industrial Center Planning Sub-Coordinator, Rina Shanti, said that this activity provided a large turnover for MSME players. "Individually, the report we received was that one tenant earned around IDR 2.5 million - IDR 4.5 million per day. However, we will check the final results on the last day of the event," said Rina, Thursday (4/7/2024 ). He also said that this activity was support for the Industrial Center Festival, which featured dozens of Bandung City MSME products. "This activity is as support. Because we have a tofu center. We want to increase their turnover with innovation. So that tofu is not only fried, but still tastes delicious," he said. Head of the Industrial Planning and Development Division of the Bandung City Disdagin, Galih Praasih, hopes that this activity will be able to improve the tofu centers and culinary business actors fostered by the Bandung City Government. Participants who take part in this event have been previously curated by the Bandung City Disdagin. There were as many as 60 business actors who took part in the curation. "We raised this theme because as a coach, there is a Cibuntu Tofu Center, there is also coffee," he said. SOURCE
Jul, 09 2024
The 2024 Creative Market event showed significant results. Just running in 3 malls, the 2024 Creative Market turnover has reached IDR 5 billion. 2024 Creative Market in the three malls, namely Kings Shopping Center, Trans Studio Mall and Paris Van Java mall. Meanwhile, currently, it is taking place at Cihampelas Walk from 28 June -7 July 2024. Meanwhile, 23 Paskal mall will be on 5-14 July 2024 and the Citylink Festival will be on 12-21 July 2024. "The Creative Market activity at Cihampelas Walk is the fourth. For the previous mall, the number of participants was quite good. Meanwhile, the turnover to date is IDR 5 billion," said Head of Business and Trade Facilities, Bandung City Disdagin Indah Kurniawati, at the Creative Market, at Cihampelas Walk , Tuesday (2/7/2024). The Creative Market at Cihampelas Walk was attended by 51 tenants ranging from fashion to craft. Indah hopes that the turnover achieved can exceed the target of IDR 10 billion. "Hopefully it can exceed the previous mall (turnover). Indeed, every visitor cannot be compared to other malls. It is hoped that with visitors and combined with other activities (Culinary and Industrial Festivals) this can result in high purchases of the products being sold," explained Indah. He said, this year all activities such as the Creative Market, Ramadan Bazaar and Inacraft reached IDR 10 billion. Meanwhile, this year's Creative Market was attended by around 40 percent of new business actors. The hope is that new business actors will also experience exhibiting at the Creative Market and other events. In the same place, Acting Chair of the Bandung City Dekranasda Linda Nurani Hapsah invited the public and tourists who came to Bandung City to shop at the Creative Market on Cihampelas Walk. "Let's shop at the Creative Market on Cihampelas Walk, there are lots of interesting and quality products," he said. SOURCE
Jul, 09 2024
The 2024 Creative Market event is now entering its fifth point, namely on 23 Paskal. A total of 46 Bandung City MSMEs participated in this event. These MSME players consist of fashion, crafts and culinary. The 2024 Creative Market was also held thanks to the collaboration of the Bandung City Department of Trade and Industry (Disdagin), Bandung City Dekranasda, and other collaborators. Before being held at 23 Paskal, the Creative Market was also held at Kings Shopping Center, Trans Studio Mal, Paris Van Java, and Cihampelas Walk. Acting Head of Bandung City Disdagin, Ronny Ahmad Nurudin, is optimistic that this activity can be a forum for Bandung City MSMEs to get lots of buyers. He also said that from the first 3 events alone, the Creative Market's turnover had reached IDR 5 billion. "The turnover is definitely above IDR 5 billion. We haven't received the latest report yet. Only 3 malls have reached that figure," said Ronny, Monday (8/7/2024). "We feel lucky, holding the 2024 Creative Market coincides with many big events in the city of Bandung. So many prospective buyers who come also come from outside the city of Bandung. Those who are traveling, go to the mall, then see the Creative Market," he said. He also said that the presence of the Creative Market during holiday seasons such as school or lecture holidays also increases the number of visitors who attend. Moreover, recently the city of Bandung held many major celebrations, such as the 69th Anniversary of the Asia-Africa Conference. "We received information that there were a lot of visitors and buyers. So not only did they visit, but they were immediately interested in buying. Moreover, each mall has its own segment," he said. He invited Bandung City residents and tourists to shop at the Creative Market. Because, continued Ronny, local Bandung City products can now compete and follow market trends. "Visit the malls, especially those holding the Creative Market. Let's shop for local products that are proud of the city of Bandung," he said. Acting Chair of the Bandung City Dekranasda, Linda Nurani Hapsah, said that the Creative Market is an effort by the Bandung City Government to promote the best local products from the City of Bandung. Linda visited the 2024 Creative Market at 23 Paskal while chatting with all the MSME players there. He also invited Bandung residents and tourists to stop by the 2024 Creative Market. Especially the one currently being held at 23 Paskal. "Don't forget to come to 23 Paskal, don't forget to buy creative products from Bandung City MSMEs," he said. For information, the 2024 Creative Market will be present on 23 Paskal between 5-14 July 2024. Furthermore, the final point of this activity will take place at the Citylink Festival, 12-21 July 2024. SOURCE
Jul, 09 2024
The city of Bandung, known as Paris van Java, continues to show its attractiveness as a city with enormous investment potential. The city of Bandung offers a harmonious blend of modernity and tradition, making it a tempting investment destination in Indonesia. With a population of more than 2.5 million people, the city of Bandung has become one of the main destinations for investors looking for new opportunities. The following are 10 potential sectors for investment in Bandung City: 1. TradingThe city of Bandung is known as a shopping paradise for tourists, making it a growing trade center. 2. Tourism and MICEWith various tourist and exhibition facilities, the city of Bandung has become the main destination for economic tourism in Indonesia. 3. ServicesThe productive and innovative character of Bandung City residents drives significant economic growth, especially in the service sector. 4. RelationsAs a city of tourism and education, the city of Bandung has high mobility with various branches of transportation that reach the entire city. 5. Telecommunications and TechnologyThe young generation has made the city of Bandung the birthplace of leading technology and gaming startups in Indonesia. 6. Arts and CultureBandung City residents always maintain the traditional culture that develops in society, making it a center for modern arts and culture. 7. ManufacturingVarious manufacturing industries are developing in the city of Bandung, ranging from the food industry, printing, textiles to national strategic industries. 8. Infrastructure and HousingInfrastructure development and the provision of housing supports economic growth in the city of Bandung. 9. Food and DrinkThe city of Bandung is known as a culinary paradise with delicious food that can be found anywhere. 10. FashionThe city of Bandung is famous as a fashion and craft center, not only in Indonesia but also in Southeast Asia. The city of Bandung offers various strategic investment opportunities, especially in infrastructure projects through collaboration with the city government and regionally owned enterprises. Several projects that could be opportunities for investors include, PT Bandung Infra Investama: 1. Implementation of passive telecommunications infrastructure.2. Kiara Artha Park Area Project.3. Derwati Land Project.4. Revitalization of Kosambi Market and Creative Market or Hallway Space.5. Renovation of Cijerah Market.6. Renovation of Palasari Market.7. Fashion, food and beverage MSMEs. With unlimited potential, the city of Bandung offers many opportunities for investors to participate in the development and economic growth of this city. Investment in Bandung City not only promises financial benefits, but also a real contribution to the dynamic development of the city. SOURCE
Jul, 09 2024
The West Java Central Statistics Agency (BPS) recorded that the percentage of poor people in March 2024 was 7.46 percent or decreased by 0.16 percentage points compared to March 2023 and decreased by 0.52 percentage points compared to September 2022. West Java BPS also noted that the percentage of urban poor in March 2023 was 7.19 percent, decreasing to 7.07 percent in March 2024. Meanwhile, the percentage of poor rural residents in March 2023 was 9.30 percent, dropping to 9 point 07 percent in March 2024. Member of the West Java DPRD, Yod Mintaraga asked the West Java Provincial Government to continue to suppress and alleviate poverty with various programs, one of which is increasing employment opportunities. "One of the reasons for poverty in West Java is that the unemployment rate is still high, which is also the cause of the large number of unemployed, if there is a lot of unemployment, the purchasing power will be low," said Yod Mintaraga, when contacted some time ago. According to Yod, employment really helps people improve their welfare and reduces the unemployment rate in West Java, which has a population of almost 50 million. "To increase employment opportunities, investment in West Java is needed which is driven towards employment so that unemployment decreases," he said. (Parno) SOURCE
Jul, 09 2024
PRFMNEWS - The West Java Provincial Government (Pemprov Jabar) has stated its commitment to continue looking for investments that can have a direct impact on reducing unemployment and poverty. West Java Regional Secretary, Herman Suryatman stated that investment in West Java must be inclusive. This means that it has a direct impact on society, especially to overcome the problems of unemployment and poverty. Herman explained that currently West Java is the province with the highest investment in Indonesia, reaching IDR 210.6 trillion. This figure is the investment realization in 2023 last year. "Of course we hope that we will continue to maintain this investment, especially not exclusive, but inclusive investment, which has a direct impact on reducing unemployment and poverty," he explained at the Coordination Meeting for the Preparation of the 2024 Strategic Investment Downstream Study in West Java Province, which was held in Bandung City , Thursday 4 July 2024. Herman continued, one of the West Java Provincial Government's strategic steps to make this happen is by downstreaming existing investments in West Java. "One of the strategies in this investment is to carry out downstream strategic investments, one of which is in the oil and gas sector," he said. Herman added, the investment downstream strategy has been implemented long ago by the central government, and the West Java Provincial Government itself will follow these steps and is committed to becoming the leading province in carrying out downstreaming. "The end is how the people of West Java prosper. Because investment is really only a target, the main target is making our country strong, making West Java strong, advanced, branched, which is marked by a prosperous society," he concluded. (SOURCE)
Jul, 08 2024
SuaraJabar.id - West Java is officially the site of the largest and first electric vehicle battery cell factory in Southeast Asia. President Joko Widodo inaugurated the factory owned by PT Hyundai LG Indonesia (HLI) Green Power in the Karawang New Industry City (KNIC) area, West Teluk Jambe, Karawang Regency, Wednesday (3/7/2024). President Jokowi was accompanied by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Investment/BKPM Bahlil Lahadalia, Minister of Industry Agus Gumiwang, Minister of SOEs Erick Thohir, and Acting Governor of West Java Bey Machmudin. "I inaugurate the factory and ecosystem as well as electric vehicle batteries in Indonesia," said Joko Widodo. Before the inauguration, Jokowi first toured the HLI Green Power factory and then signed the hood of the Kona Electric car which first used locally made batteries. In the review, Jokowi was accompanied by the Minister of Trade of the Republic of Korea Inkyo Cheong. The battery cell factory, which stands on an area of 330,000 square meters, is capable of producing lithium ion battery cells with a total capacity of 10 GWH per year. The amount is to fulfill 150,000 units of electric vehicle batteries. The first car to use this locally made battery is the all-new Hyundai Kona Electric. The car will soon be available in Indonesia with a price range of Rp500 million. The initial investment for the factory was USD1.2 billion. The presence of this battery cell factory is expected to provide many positive things for West Java, such as increasing regional income through investment taxes, absorbing labor so as to reduce unemployment, and increasing the competitiveness of the West Java region itself. Investment trends in West Java continue to be positive. West Java is home to 14,000 companies that currently exist with their investments. In 2024, West Java contributed 148.5 percent of national investment growth or a value of around Rp210 trillion (both PMA and PMDN). (SOURCE)
Jul, 08 2024
INILAHKORAN, Bandung - West Java legislator Yod Mintaraga encouraged the West Java Provincial Government to develop the South West Java region through investment. Because according to Yod, so far the development in South West Java is still far from other regions, so it needs to be encouraged for equalization. One of them is through investment, both foreign and local. Moreover, he admits that there is a lot of potential that can be developed in South West Java, to be encouraged to improve the welfare of the people of the region. "Investment must be encouraged to South West Java. Now there is still a gap, there are still many poor people in southern West Java, but we do not rule out the possibility that in big cities poverty still occurs," said Yod, recently. The hope is that investment will also accelerate connectivity in the region, as well as infrastructure. Because both are central, in accelerating equitable development. Given that this, said Yod, is interrelated, because a representative link is needed to encourage investment. "If investment is encouraged to South West Java, the risk is that infrastructure development must also be encouraged to South West Java," he said. (SOURCE)
Jul, 08 2024
Bandung (ANTARA) - Regional Secretary of West Java Province Herman Suryatman said that investment must be inclusive, which must have a direct impact on society, especially to overcome the problems of unemployment and poverty. "We know that currently West Java, the province with the highest investment in Indonesia, has reached Rp210.6 trillion (investment realization in 2023). Of course we hope that we will continue to maintain this investment, especially not to be exclusive, but inclusive investment, which has a direct impact on reducing unemployment, poverty," Herman said at the Coordination Meeting for the Preparation of the 2024 Strategic Investment Downstreaming Study in West Java Province, Bandung, Thursday. Herman said, one of the strategic steps of the West Java Provincial Government to realize this, namely by downstreaming existing investments in West Java. "One of the strategies in this investment is to downstream strategic investments, one of which is in the oil and gas sector," Herman said. Herman also said that the strategy of downstreaming investment has been implemented since long ago by the central government, and the West Java Provincial Government itself will follow these steps and is committed to being the leading province that carries out downstreaming. "The end is how the people of West Java prosper. Because investment is actually only a target, the main goal is to make our country strong, make West Java strong, advanced, and prosperous," he said. Meanwhile, Expert Staff for Macroeconomics of the Ministry of Investment / BKPM Imam Soejoedi explained the importance of downstream investment so that it could encourage economic growth at the lower levels. "Earlier, Pak Sekda had also conveyed the importance of downstreaming. It needs to be held that not only sustainable investment but investment that can generate economic growth to the lower levels," said Imam. (SOURCE)
Jul, 05 2024
PenaKu.ID - Regional Secretary of West Java Province Herman Suryatman said that investment must be inclusive. This means that investment must have a direct impact on society, especially in overcoming the problems of unemployment and poverty. This was said by Herman after attending the Regional Coordination Meeting in the framework of the preparation of the 2024 Strategic Investment Downstreaming Study in West Java Province at Sheraton Bandung Hotel, Bandung City, Thursday (4/7/2024). "We know that currently West Java is the province with the highest investment in Indonesia, which has reached Rp 210.6 trillion (investment realization in 2023). Of course we hope that we will continue to maintain this investment, especially not to be exclusive, but inclusive investment, which has a direct impact on reducing unemployment, poverty," he said. According to Herman, one of the strategic steps of the West Java Provincial Government to realize this is by downstreaming investment in West Java. "One of the strategies in this investment is to downstream strategic investment, one of which is in the oil and gas sector," Herman said. Herman also said that the downstream investment strategy had been implemented long ago by the Central Government. The West Java Provincial Government itself will follow these steps and is committed to being a leading province that carries out downstreaming. "The end is how the people of West Java prosper. Because planting is actually only a target, the main goal is to make our country strong, to make West Java strong, advanced, and prosperous," he said. Meanwhile, Expert Staff for Macroeconomics of the Ministry of Investment / BKPM Imam Soejoedi explained the importance of downstream investment. "Thank you Mr. Sekda. It's amazing the directions, the inputs that are down to earth. Earlier Pak Sekda had conveyed the importance of downstreaming, not only sustainable investment but investment that can generate economic growth to the lower levels," said Imam. (SOURCE)
Jul, 05 2024
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