KOMPAS.com - The Bandung Regency Government (Pemkab) officially opened the 2024 Bandung Regency Investment Summit (BRIS) which focuses on the agricultural and tourism sectors at the Grand Sunshine Resort Hotel and Convention Soreang, Monday (7/10/2024).

The event carried the theme "Moving Forward Investment Sustainability" and was organized by the Bandung Regency One Stop Integrated Services Investment Service (DPMPTSP). Acting Bandung Regent Dikky Achmad Sidik said that BRIS 2024 is a form of joint commitment to encourage economic growth through increasing investment in the region.

"BRIS 2024 is a strategic platform to build synergy between government, business actors and society. This is an opportunity for us to innovate in creating new sustainable investment opportunities," he said in a press release received by Kompas.com, Monday (7/10/ 2024).

Dikky explained that BRIS 2024 activities include a comprehensive series of events, ranging from information dissemination, appreciation for investment players, to seminars and business meetings. "This event is not only a forum for exchanging ideas, but also shows our commitment to creating a more conducive and inclusive investment climate," he said.

Dikky revealed that Bandung Regency has shown significant progress in terms of investment in recent years. However, he emphasized the importance of not becoming complacent.

"Through BRIS 2024, we hope to encourage higher investment growth, accelerate investment realization, and deepen strategic sectors. (That way) regional development targets can be achieved optimally," said Dikky.

Furthermore, he revealed that the BRIS 2024 activities were an assignment from the Ministry of Home Affairs (Kemendagri) to the Bandung Regency Government. In this case, it was carried out by the Bandung Regency One Stop Integrated Services Investment Service. "This assignment is because the Bandung Regency area is known as one of the leading investment areas in West Java Province (Jabar) and Indonesia," said Dikky.

In 2023, total investment, both foreign and domestic, in Bandung Regency will reach IDR 8.1 trillion. This achievement places Bandung Regency in seventh place in investment realization in 27 districts and cities in West Java Province.

"To further strengthen the achievement of investment realization, the Bandung Regency Government is expected to collaboratively carry out various strategies and policies," added Dikky. He emphasized that these steps were in line with the medium-term investment realization target in West Java Province which was set at IDR 285.89 trillion for the 2025-2029 period.

Dikky explained that plans to increase investment in West Java for the medium term will focus on increasing investment and ease of doing business, as well as creating links and matches between large industries and small and medium industries (IKM).

BRIS 2024 will be filled with various activities, including pre-BRIS 2024 seminars and the Bandung Regency Investment Award (BRIA) 2024. The peak event will be a business meeting and Investor Dialogue Forum.

According to Dikky, Bandung Regency has a conducive investment climate with various ease of doing business. "We have simplified the licensing process through an online system, made it easier to process business permits, and prepared strong legal protection for investors," he said.

The government, continued Dikky, is also committed to continuing to improve supporting infrastructure, including digital infrastructure, to support business activities in Bandung Regency. "Bandung Regency's strategic position, which is close to economic centers such as Bandung City and Jakarta, makes it attractive for investors," he said.

With all the potential and advantages it has, Dikky is confident that Bandung Regency will be the main choice for investors who want to develop businesses in Indonesia. "We are very open to working with investors and are committed to providing full support so that investment can run smoothly and have a positive impact on the community's economy," he said. "Through this event, we hope to be able to map existing opportunities and challenges and formulate the best strategy to maximize investment potential in Bandung Regency," continued Dikky.

(SOURCE)