Head of West Java Bapenda Dedi Taufik was a resource person at the 2024 Investment Acceleration Forum in Industrial Areas in the context of formulating an action plan to accelerate investment in West Java, Wednesday (15/05). At this forum, the Regional Scale Strategic Program and Challenges for West Java for 2045 was presented to encourage the creation of a regional business climate that is conducive to strengthening economic competitiveness and accelerating increased investment through increasing innovation, improving investment quality and preparing an investment roadmap. (SOURCE)
May, 17 2024
jabar.jpnn.com, WEST BANDUNG - The Industrial Area Association (HKI) appreciates the West Java (Jabar) One Stop Investment and Integrated Services Service (DPMPTSP) for inviting industrial area entrepreneurs to sit down together, in order to accelerate investment. It is known that the West Java DPMPTSP continues to make various efforts to increase investment in industrial areas, with low occupancy levels. One of them is by inviting all policy makers and industry players in West Java to sit down together. Through the 2024 Investment Acceleration Forum in Industrial Areas, West Java DPMPTSP wants to invite or collaborate and create sustainable synergy with business actors in industrial areas. This was done to strengthen the investment ecosystem and encourage inclusive and sustainable economic growth. HKI Executive Director Fahmi Sahab said, West Java is a barometer for industrial growth. The reason is, national investment is influenced by the manufacturing industry in West Java. "Climates for improving investment must be seen in the future, so it is very necessary that forums like this be held regularly with the central government, regional governments and the business world," said Fahmi after taking part in the 'Investment Acceleration Forum in Industrial Areas 2024' at Mason Pine , West Bandung Regency, Wednesday (15/5). According to him, accelerating investment in industrial areas is a joint responsibility of both regulators and the business world. Therefore, said Fahmi, it is important to hold a forum with the government and the business world to 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 multiflier effect on foreign exchange, labor and the environment," he said. "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," continued Fahmi. According to him, assistance from the government 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. (SOURCE)
May, 17 2024
PIKIRAN RAKYAT - Capital investment in Bekasi Regency in the first quarter of 2024 has reached 20 percent. This figure is believed to continue to increase as the number of investments from various sectors in this area nicknamed Industrial City increases. One factor that also increases investment is sales from the property sector. Acting Regent Dani Ramdan said that investment realization was a positive point of growth. In fact, it is believed that investment in Bekasi Regency in 2024 will increase compared to the previous year after financial conditions have completely recovered. "This year the investment that has come in is around more than 20 percent. The numbers continue to increase until they close at the end of the year. However, judging from the progress of the past few months, we believe there will be an increase in investment realization as conditions in the business world continue to recover. "And we are grateful that Bekasi Regency is still the main choice," said Dani. Reflecting on 2023, investment realization in Bekasi Regency reached IDR 61,211,307,193,110. This realization increased significantly compared to 2022, which amounted to IDR 47.03 trillion. Every year, investment in Bekasi Regency is always the highest in West Java with a percentage reaching 29.06 percent. With the current achievement of 20 percent, if calculated from last year's realization, investment in Bekasi Regency has now reached IDR 12.24 trillion. One of the major investments that has attracted attention is the opening of a number of new factories in various sectors ranging from manufacturing, automotive to household needs. Then the realization of this investment was also injected from sales in the property sector. One of the largest property developers in Bekasi Regency, Lippo Cikarang also recorded sales figures of 23 percent or IDR 325 billion in the first quarter of this year. This sale is believed to be within the company's target set at IDR 1.4 trillion at the end of the year. LPCK President Director Ketut Budi Wijaya said that the company's main income comes from the handover of landed houses, commercial units or shophouses, industrial land as well as non-property income from Lippo Cikarang city management. These include a number of housing projects such as Waterfront Estates and The Hive, which have handed over 230 units. "Indeed, there was an increase in the positive direction in the first quarter of this year. Excluding sales, the company's total revenue was IDR 435 billion or an increase of 175 percent compared to the first quarter of last year. Of course we are proud to be able to help increase the realization of investment in Cikarang," he said . Ketut predicts that the opportunity for the industry to continue to grow is still very open. This can be seen from the high market demand for both private residences and industrial purposes. "The company has succeeded in achieving pre-sales of 23 percent of the annual target, and we believe there will continue to be an increase," he said. (SOURCE)
May, 15 2024
TRIBUNJABAR.ID, BANDUNG - Realisasi investasi pada Triwulan I tahun 2024 atau periode Januari-Maret 2024 di Jawa Barat masih menunjukkan peningkatan. Berdasarkan Laporan Kegiatan Penanaman Modal (LKPM), investasi yang direalisasikan oleh para investor di 27 kabupaten/kota di Jabar berjumlah Rp 64,65 triliun pada periode ini. Kepala Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (DPMPTSP) Jabar Nining Yulistiani mengatakan total realisasi investasi PMA dan PMDN ke Jawa Barat terbilang masih moncer di tengah berbagai dinamika ekonomi global. "Realisasi ini dengan jumlah penyerapan tenaga kerja sebanyak 86.280 orang, serta jumlah proyek sebanyak 31.649 proyek LKPM," katanya di Bandung, Jumat (3/5/2024). Nining mencatat realisasi investasi PMA (Penanam Modal Asing) dan PMDN (Penanam Modal Dalam Negeri) pada Triwulan I tahun 2024 sebesar Rp 64, 65 triliun, meningkat Rp 14,64 triliun dibanding periode yang sama tahun lalu. "Angkanya meningkat 29,29 persen dari tahun 2023 periode yang sama, yang sebesar Rp. 50,00 triliun dan telah mencapai 29,25?ri target yang ditetapkan pemerintah pusat/BKPM RI sebesar Rp 221,06 triliun," paparnya Sementara peringkat lima besar daerah yang paling diminati oleh para investor antara lain Kabupaten Bekasi dengan realisasi mencapai Rp 19,1 triliun, Karawang Rp16,3 triliun, Kabupaten Bogor Rp 5,5 triliun, Kota Bekasi Rp 4,7 triliun, dan Kota Bandung Rp 3,05 triliun. Nining menambahkan sebagai destinasi utama investasi di Indonesia, peluang investasi di Jabar terus bertumbuh didukung oleh berbagai keunggulan yang ditawarkan melalui iklim investasi yang kondusif, konektivitas infrastruktur terbaik, produktivitas tenaga kerja yang tinggi, potensi pasar yang besar, extensive supply chain serta pelayanan investasi terbaik. (SOURCE)
May, 15 2024
Taking place in the Bank Indonesia (BI) West Java Province (Jabar) Hall on Jalan Braga, Bandung City, the new Head of West Java BI, Muhammad Nur, was officially inaugurated.The inauguration event was attended by a number of officials, including Acting Governor of West Java Bey Machmudin, Head of West Java OJK Imansyah, West Java Forkopimda, and bank leaders in West Java as well as stakeholders.During his speech, Bey said that the West Java Provincial Government would increase synergy with the West Java Bank Indonesia (BI) Representative Office under its new leadership."Hopefully in the future we will have more synergy," said Bey at the inauguration event, Friday (26/4/2024).Bey said, West Java BI is very necessary, especially in analyzing and encouraging the economic potential in West Java to become something whose benefits can be felt by the community."We need support and cooperation from BI West Java, especially regarding the analysis of economic potential in West Java," said Bey.It is known that the Head of West Java BI is now officially headed by Muhamad Nur, who was previously the Head of the BI Riau Representative, replacing the previous Head of West Java BI Erwin Gunawan Hutapea, who is now the Head of the East Java BI Representative.At the end of his speech, Bey said that the results of the West Java BI analysis regarding economic potential would be a guide for the West Java Provincial Government in making policies, especially in the creative industry, tourism, agriculture and information technology sectors."The results of the analysis will be our guide in making policies and development directions such as in the creative industry, tourism, agriculture and information technology," said Bey.On that occasion, Bey also said that in the fourth quarter of 2023, the West Java economy grew 5.15 percent, exceeding the previous quarter's 4.58 percent year on year (yoy). Meanwhile, West Java inflation in March 2024 will reach 0.51 percent."Controlling food inflation is our shared priority in 2024 and of course the role of West Java BI in maintaining the macro economy in West Java is very decisive," he said.Bey continued, West Java's economic stability will affect the inflow of investment and sustainable development for the welfare of the community."West Java is a driving force for the national economy because it is important to increase synergy in realizing community welfare," he concluded.(SOURCE)
Apr, 29 2024
Bandung (ANTARA) - Regional Secretary (Sekda) of West Java Province, Herman Suryatman, requested that mapping of land and farmers as potential recipients and prospective locations (CPCL) for the water pump program for rainfed rice fields in West Java be completed by April 25 2024. After completing the data collection, Herman said that the West Java Provincial Government would immediately submit the documents to the Ministry of Agriculture, which would distribute 5,000 pumps to irrigate 50,000 hectares of rain-fed rice fields in West Java. "So in a meeting with the Regional Secretary last Friday (19/4), it was requested that by April 25 2024 the target for CPCL data collection would be complete and we would send it to the Ministry of Agriculture so that West Java could execute the water pump network program for 50,000 hectares or 5,000 pumps," said Herman Suryatman when confirmed in Bandung, Saturday. Currently, said Herman, the mapping that has been submitted from districts and cities only covers 13,000 hectares or is only covered by around 1,300 pump units, where one pump can irrigate 10 hectares of rice fields. "That's why next week we have to finish collecting data for 50,000 hectares. But we still have to be accountable, that's why the Prosecutor's Office, Polri and TNI are involved to make this pumping program a success," said Herman. In this pumping program, initially the Ministry of Agriculture only provided 2,500 pumps for 25,000 hectares of rice fields. However, because the program was running well in West Java, the Ministry of Agriculture finally provided an additional 5,000 pumps. "The Ministry of Agriculture has provided 2,500 pumps, then because the field is good the Ministry of Agriculture will add another 2,500 pumps for a total of 5,000 pumps for 50,000 hectares of rain-fed rice fields," he said. With this pumping, Herman hopes that West Java's agricultural productivity will increase because farmers will be able to harvest twice a year. "So far, the harvest is only once a year, with pumping, there are two harvests," said Herman. (SOURCE)
Apr, 22 2024
Acting Mayor of Banjar, Dr. Hj. Ida Wahida Hidayati, S.E., S.H., M.Sc., attended the Food Security and Agricultural Productivity Coordination Meeting in West Java, located in the West Hall of Gedung Sate, Bandung City. Thursday (18/04/2024). The Coordination Meeting was opened directly by the Acting Governor of West Java, attended by the Inspector General of the Ministry of Agriculture of the Republic of Indonesia, Special Staff of the Minister of Agriculture of the Republic of Indonesia for Agricultural Policy, Forkopimda of West Java Province, and attended by the Regional Secretary of West Java Province, the Regents/Mayors of all West Java, Police Chiefs throughout West Java, Dandim throughout West Java, Kajari throughout West Java, and Head of the Agriculture and Fisheries Food Security Service in West Java. In the meeting, Acting Governor of West Java Bey Machmudin conveyed the need to increase production of rain-fed rice fields to achieve the grain production target of more than 11 million tons this year. "There needs to be instruments to maintain water availability, including pumping. "However, pumping recipients must be clear and on target, so I ask the Regency/City Government to map the land and its location," he said. Apart from that, according to Bey, coordination is needed with the TNI/Polri to maintain the pumping program. If necessary, each pumping device has a GPS embedded in it or uses digital monitoring. "Also maximize West Java warehouse and distribution center receipts as an instrument for controlling food stocks and prices," he stressed. Inspectorate General of the Ministry of Agriculture, Komjen. Setio Budi said that the TNI and the ministry had worked together for the pumping program, including for the West Java region which received 2,500 points. A total of 201,702.6 hectares of rainfed rice fields and several irrigated rice fields will be the target of pumping according to priority, so he asked the West Java Provincial Government to immediately submit a map of the location and land of which farmers are entitled to receive pumping. "I hope there will be acceleration in West Java because until April 15 2024, of the total area of rainfed rice fields, only 5,630 hectares have started to accelerate planting, the number is still very small," explained Setio Budi. Met after the activity, Pj. The Mayor said that Banjar City is a unique city, where the agricultural sector still has quite large areas of land and most of the population works as farmers. For this reason, the Acting Mayor emphasized that Banjar City is committed to continuing to improve the existing agricultural sector. "We are committed to supporting West Java's target of becoming one of the national food self-sufficient regions. "We work together with all stake holders to make it all happen," he said, after attending the Coordination Meeting. (SOURCE)
Apr, 22 2024
DISKANAK - The Sukamaju Village livestock group, Rancakalong District, is preparing a cage for 500 DOC Sentul chickens. These chickens are assistance from the West Java Provincial Government for breeders in Sumedang. According to the Head of the Sumedang Regency Fisheries and Livestock Service (Disanak), Tono Suhartono, this assistance came from assistance from the West Java Provincial Government. "The assistance for 500 DOC chickens from Sentul is currently still being processed, however the group already knows about it so they are expected to start preparing the cages," explained Tono, Saturday, April 20 2024. Tono explained that Sentul chickens were chosen because this type of chicken has several advantages, including easy feeding, resistance to disease, easy maintenance and at 20 weeks of age it can produce eggs every day. Tono also hopes that the assistance of 500 DOC Sentul chickens can be put to good use by the Sukamaju Rancakalong Village livestock group. "Of course, we also hope that this assistance will help stimulate the livestock sector, especially in Sukamaju Village, which in turn can also increase people's income. (SOURCE)
Apr, 22 2024
Jakarta, InfoPublik – PT Hutama Karya (Persero) scored a net profit of IDR 1.8 trillion in its 2023 audited financial report as of March 30 2024, growing 521 percent compared to the previous year or year on year (yoy). "The company's revenue also showed good performance until the end of 2023, namely IDR 26.93 trillion or an increase of 11.81 percent, when compared to the same period of IDR 24.08 trillion," said the Main Director of Hutama Karya, Budi Harto, in his statement as quoted on Wednesday. (17/4/2024). Budi Harto explained that this profit gain was a turning point for the comprehensive transformation carried out by this State-Owned Enterprise (BUMN), starting from financial aspects, business development and investment. "One of the corporate actions carried out is asset recycling which was carried out on the investment collaboration on two sections of the Trans Sumatra toll road, namely the Medan - Binjai toll road (16.8 kilometers or km) and Bakauheni - Terbanggi Besar (140.9 km) together with Indonesia Investment Authority (INA) worth IDR 20.5 trillion in June 2023," he explained. Furthermore, Budi Harto explained that from this investment collaboration, there was an improvement in the company's liabilities from IDR 70.53 trillion to IDR 53.11 trillion or a decrease of 24.70 percent. Hutama Karya's equity was also recorded to have strengthened by IDR 116.62 trillion from the previous IDR 85.78 trillion or an increase of 35.96 percent. In terms of obtaining new contracts, Hutama Karya also succeeded in pocketing a fairly significant new contract value from the previous period, namely from IDR 19.85 trillion in 2022 to IDR 30.88 trillion in 2023 or an increase of 55.51 percent yoy, most of which was dominated by road work. and Bridge. "Hutama Karya is helping to accelerate the development of the National Capital (IKN) of the Archipelago by working on six infrastructure projects, including the Balang Island - Sp Riko IKN Toll Road, two Coordinating Ministry Office Buildings and Areas, one Waste Water Pipe Network and three IKN Central Government Core Areas, " said the Main Director of Hutama Karya. According to Budi Harto, the improvement in Hutama Karya's financial performance can also be seen from the strengthening of the company's consolidated assets amounting to IDR 169.74 trillion in 2023 or an increase of around 8.59 percent from IDR 156.32 trillion in the previous year. This positive performance on the company's finances is considered to be a collective success based on strong transformation. "In accordance with the theme of the 63rd HK Anniversary this year, with the theme Moving, 63rrunning, Melesat, we present the best work, but in the future we hope that this success can be sustainable." closed Budi Harto. (SOURCE)
Apr, 19 2024
NIKEL.CO.ID, JAKARTA – President Joko Widodo's (Jokowi) government program to create an electric vehicle (EV) battery ecosystem to become the World's Number One EV Battery King is now starting to become a reality. With plans for the first and first production of EV batteries in Indonesia in April 2024 by PT Hyundai LG Indonesia (HLI) Green Power in Karawang, West Java. This was conveyed by the President Director of PT HLI Green Power, Hong Woo Pyoung, regarding PT HLI's readiness to carry out mass production. Apart from that, the electric vehicle battery industry in Indonesia will be able to produce pioneering young engineers who have the ability to manufacture electric car battery cells. “We have been preparing everything since September 2023. "We are ready to carry out mass production in April 2024," said Hong in a press statement quoted from the Ministry of Investment/Investment Coordinating Agency (BKPM) website, Thursday (18/4/2024). According to him, engineers from Indonesia have been trained for a year and will continue to be provided with training. “They are very smart, diligent and competent. "We are very proud of the engineers from Indonesia," he said. The government through the Special Staff (Stafsus) of the Ministry of Investment/BKPM, Tina Talisa, confirmed Indonesia's readiness to start mass production of the first EV battery which will be recorded as a new history of the start of the Indonesian EV battery industry. This step makes Indonesia the first EV battery cell producing country in Southeast Asia, and strengthens Indonesia's determination to support the EV battery ecosystem development project (grand package) worth US$9.8 billion or IDR 142 trillion. Tina emphasized that President Jokowi's leadership focused on downstream development so that he gave more special attention to the upstream and downstream nickel industry after the groundbreaking of the PT HLI EV battery factory in September 2021. According to him, downstreaming is a way to create added value from Indonesia's abundant natural resources, one of which is nickel. "We then make the process integrated from upstream to downstream, that's why there is the world's first integrated electric vehicle battery investment with a grand package of US$9.8 billion," he said. "So it is integrated from the upstream of the mine, then to the smelter, then refining, processing, precursor, cathode, then into battery cells," he continued. He explained that the production of EV battery cells will make Indonesia the first country to produce electric vehicle battery cells in Southeast Asia to use the latest technology from LG. The domino effect is that the young Indonesian workers who were absorbed into this project also became the first EV engineers in Southeast Asia. "Downstreaming is able to create a workforce that is properly absorbed in the sense of having high skills so that the income is higher and is able to bring Indonesia out of the middle income trap," he concluded. As is known, PT HLI Green Power is a joint venture company between Hyundai Motor Company, LG Energy Solution, and PT Indonesia Battery Corporation (IBC). PT HLI Green Power's investment is a follow-up to the signing of a Memorandum of Understanding (MoU) between the Ministry of Investment/BKPM and the Hyundai, LG and IBC Consortium on July 28 2021. Furthermore, in September 2023, President Jokowi visited PT HLI Green Power to conduct a direct inspection of the process and results of electric vehicle battery cell production. In the first phase, PT HLI absorbed an investment of USD 1.1 billion and had a production capacity of 10 gigawatt/hour (GWh), consisting of 32.6 million battery cells which could produce approximately 150,000 electric vehicles. In the second phase, expected in 2025, PT HLI plans to increase production capacity to 20 GWh. (SOURCE)
Apr, 19 2024
MARONGGE - Minister of Agriculture Andi Amran Sulaiman accompanied by Acting Regent of Sumedang Tuti Ruswati visited Marongge Village, Tomo District, Friday, April 5 2024 morning. The arrival of Minister of Agriculture Andi to check the Pumping and Land Cultivation program in Marongge Village. On that occasion, the Minister of Agriculture saw firsthand the process of irrigating rice fields using a water pump, where the water is sucked directly from the Cilutung River. "I saw earlier that the pump was running well irrigating the farmers' fields. God willing, in West Java we are ready to irrigate 300 thousand hectares," said Minister of Agriculture Andi. It is said that the potential for rice fields in West Java is 343 thousand hectares. So if 300 thousand hectares can be irrigated, it will increase rice productivity by up to 200 percent, and the value will reach IDR 15 trillion. "One pump can irrigate up to 100 hectares. You can imagine that if this Rp. 15 trillion is moved, there will be a multi-layer effect, the economy at the village level will move," he said. Meanwhile, the Head of the Agriculture and Food Security Service (DPKP) of Sumedang Regency, Sajidin, said that on that occasion, Minister of Agriculture Andi visited 2 pumping points, for two farming communities in Marongge Village, namely Potan Gumilang covering 25 hectares of rice fields, and Poktan Tunas Harapan covering 26.7 hectares. . "If there are a lot of proposals, the Minister of Agriculture even offers to immediately submit additional proposals, and we will follow up and hopefully they can be realized," he said. One of the farmers in Marongge Village, Kasjan (72), admitted that he was helped by the Pumping and Land Cultivation program. "Usually we can only plant twice a year, but now there is a bus pump, so we can use it three times a year, later we will use it during the dry season, because water is usually scarce," he added. On that occasion the Minister of Agriculture also provided assistance amounting to IDR 7.06 billion consisting of rice seeds, corn seeds and a large combine harvester. (SOURCE)
Apr, 05 2024
Cimahi, 4 April 2024 - Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno encourages creative economy (ekraf) actors in Cimahi City to explore the superior potential of their region to the maximum through the Regency/City program (KaTa ) Creative 2024. While attending the 2024 Creative Words Workshop at Alam Wisata Cimahi, Jalan Colonel Masturi, Cimahi City, West Java, on Thursday (4/4/2024), Minister of Tourism and Creative Economy Sandiaga said that Cimahi City is an area with a diversity of socio-cultural potential, historical heritage, and nature which can be strong capital for local governments in developing the tourism ecosystem and creative economy, especially in developing the creative economy subsectors of animated films and videos, fashion and culinary. "We want to understand what creative economy actors need to be able to further improve their business. We are grateful that this city, which only has 3 sub-districts, is a creative city, and the subsectors chosen are animation and video, fashion and culinary. "Who knows, because Bandung has become a city of design, and Cimahi could also become a city of animation at world level," said Minister of Tourism and Creative Economy Sandiaga. According to Sandiaga, the large creative economic potential in Cimahi City can provide added value in strengthening the attractiveness of tourist villages around Cimahi City. The Minister of Tourism and Creative Economy also revealed that the City of Cimahi had carried out a pilot test of the Indonesian Creative Regency/City Self-Assessment (PMK3I) in 2018 and agreed on the Film, Animation and Video subsector as its leading creative economy subsector and to be the locomotive for the development of the creative economy in Cimahi City. Due to its consistency and strong commitment in developing the tourism sector and creative economy, in 2021 the City of Cimahi has also been designated as an Indonesian Creative Category. Minister of Tourism and Creative Economy Sandiaga Uno while reviewing one of the MSME fashion products participating in the 2024 Cimahi City Creative Word Workshop at Cimahi Tourism Nature, West Java, Thursday (4/4/2024). “The hope is that this Creative Word will become even stronger. And we have programs that we can collaborate on, such as AKI, ADWI. "And through this Creative Word, it is hoped that it can create 4.4 million new quality and sustainable jobs," said Minister of Tourism and Creative Economy Sandiaga. Cimahi City is the third location for the 2024 Indonesian Creative Regency/City Development Workshop (KaTa Creative) activities. This workshop activity is a form of commitment and consistency of the Ministry of Tourism and Creative Economy/Baparekraf in its efforts to understand the needs of creative economy actors and provide support and facilitation related to the development of tourism and the creative economy. Also accompanying the Minister of Tourism and Creative Economy, Deputy for Strategic Policy at the Ministry of Tourism and Creative Economy/Baparekraf Dessy Ruhati; Special Staff to the Minister for Security of Tourist Destinations and Strategic Issues, Brigadier General TNI Ario Prawiseso; Director of Creative Economy Infrastructure of the Ministry of Tourism and Creative Economy/Baparekraf, Oneng Setya Harini; Director of Destination Development I Kemenparekraf/Baparekraf S. Utari Widyastuti; and Director of Investment Management at the Ministry of Tourism and Creative Economy/Baparekraf, Zulkifli Harahap. Also present, Acting. Mayor of Cimahi Dicky Saromi; Head of the West Java Province Tourism and Culture Service, Benny Bachtiar; Head of the Culture, Tourism, Youth and Sports Service, Achmad Nuryana; and Partnership Executive/Business Development Bobobox, Dennis Depriadi. (SOURCE)
Apr, 05 2024
Bloomberg Technoz, Jakarta - The Malaysian government is implementing a free toll road tariff policy on April 8-9 2024, to support the peak homecoming season for Eid 2024. So, why can't a similar policy be fully implemented in Indonesia? Head of the Toll Road Regulatory Agency (BPJT) of the Ministry of Public Works and Public Housing (PUPR) Miftachul Munir explained that the policy of free toll road tariffs, if adopted in Indonesia, would have an impact on the domestic investment climate. "Regarding this policy, of course it will have an impact on investment," explained Munir, Tuesday (2/4/2024). As an illustration, in the case of tariff rationalization for the Trans-Java Toll Road (JTTJ), initially the tariff was set at IDR 1,400/km, but government policy requested that the tariff be reduced to IDR 1,000/km. Thus, this tariff rationalization will not be provided free of charge, because the consequences will be returned at the time of special tariff adjustments. "This special tariff adjustment is of course the next user who will pay. So the initial user gets the beneficiary, but the later user ultimately replaces the certainty," he explained. Even so, Munir believes that the free toll tariff policy can actually be implemented, but further feasibility studies are needed. "We will review the feasibility study to see whether it will have an impact on investment or concessions or tariffs," he explained. Not the Operator's Domain Secretary General of the Indonesian Toll Road Association (ATI) Kris Ade Sudiyono explained that according to him, the policy of freeing toll rates during the Eid homecoming period is not in the realm of operators, but in the realm of government policy. He said, referring to Indonesian legislation, the construction of domestic toll roads involves investment from the private sector or other parties outside the government. As a result, the investment return process is based on the toll rates charged to road users. "So from our perspective of toll road management, we cannot give a statement. We can only say, we follow the existing laws and regulations that the tariff is in accordance with the existing agreement," explained Kris. "[What] we can currently provide is an initiative to help distribute traffic so that there are no build-ups at the same time and on the same day by providing incentives to cut toll rates before the peak homecoming days," he continued. Previously, the Coordinating Minister for Development and Culture (Menko PMK) Muhadjir Effendy announced the implementation of a 20% discount on toll rates during the Idul Fitri 1445 Hijriah or Eid 2024 homecoming period. The 20% discount on toll rates will apply to the Cikampek Main Toll Gate and Kalikangkung Toll Gate exits, including the Palimanan—Kanci, Semarang—Batang, and Jakarta—Cikampek Toll Roads. The fare discount on homecoming traffic will apply from April 3 2024 at 05.00 WIB to April 5 2024 at 05.00 WIB. Meanwhile, for reverse flow, it will start April 16 2024 at 05.00 WIB until April 19 2024 at 05.00 WIB. (SOURCE)
Apr, 05 2024
BANDUNG – Acting Regent of Kuningan, Dr. Drs. H. Raden Iip Hidajat, Mpd attended the 2023 General Meeting of Shareholders (GMS) agenda of PT Bank Pembangunan Daerah West Java and Banten (Bank BJB). The event was attended by all Regional Heads, Regents/Mayors throughout the Provinces of West Java and Banten, as well as public shareholders which took place at The Trans Luxury Hotel, Jl Gatot Subroto No 289, Bandung, Tuesday (02/04/2024). The meeting was attended by the Acting Governor of West Java, Bey Machmudin, who asked the Board of Directors not to be complacent about the achievements in 2023. "This is because there are still many things that need to be done to improve Bank BJB's performance because according to my records, the achievements in 2023 will not be better than 2022," said Bey. Bey asked the Board of Directors and staff to focus more on efforts to improve performance in 2024 and the years to come. “Digital disruption has forced us to carry out transformation in various fields, including banking. "For this reason, I hope that Bank BJB's management will continue to be improved," said Bey. Lastly, Bey hopes that the Board of Directors and staff can maintain integrity and harmonization between directors and staff. "Strengthen the role of the Board of Directors, staff and staff and continue to maintain harmonization so that there is strong communication but still prioritizing ethics" After the opening, the Bank BJB General Meeting of Shareholders (GMS) agenda continued with an internal meeting involving the board of directors, Regional Heads throughout West Java Province and shareholders behind closed doors. (SOURCE)
Apr, 04 2024
BANDUNG - Collaboration between the Regional Government of West Java Province and the regional government of districts/cities in West Java is one of the keys to the success of developing West Java. "If the Provincial Government's performance is cool and the performance of the city districts is cool, then we can overcome problems such as poverty, unemployment and stunting. If we are consistent, united, there will definitely be a solution," said West Java Regional Secretary Herman Suryatman after being appointed as West Java Regional Secretary in the Gedung Sate Hall, Kota. Bandung, Monday, (1/4/2024). Herman said that the position as West Java Regional Secretary entrusted to him was a mandate that must be maintained and carried out as well as possible. "This trust will be well maintained, solely for the Provincial Government and the people of West Java," he said. Herman added that this must be undertaken by the governor together with all regional components in West Java. "I will identify and explore the directions for joint 'PR' with several SKPD regarding follow-up," said Herman. He said that the Regional Secretary has a key performance indicator (KPI), namely General Bureaucratic Reform with a target of 80.75 points.in 2024, where in 2023 it will still be 79.26. "So we have to increase approximately 1.5 points. There is one KPI but in the sub-indicator breakdown there are 26 items. I will make an Action Plan in the shortest possible time," he said. (SOURCE)
Apr, 04 2024
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