Karawang, Jawa Barat (ANTARA) - The Investment and One Stop Integrated Services Service of Karawang Regency, West Java, recorded that investment realization in Karawang until the third quarter of 2024 reached IDR 48.6 trillion or has exceeded the 2024 target of IDR 42.7 trillion.

Head of the Karawang Regency Investment and One-Stop Integrated Services Service, Wawan Setiawan in Karawang, Wednesday, said that the investment realization achievement was quite high and even exceeded the target that had been set.

"This year's investment realization achievement is very high, exceeding the target set by the central government of IDR 42.7 trillion," he said.

He said that from the investment realization in the third quarter amounting to IDR 48.6 trillion which went to Karawang, the highest investment achievement came from foreign investment.

It was stated that the realization of foreign investment amounted to IDR 42.05 trillion. Meanwhile, domestic investment achievements only reached IDR 6.6 trillion.

According to him, from the investment achievements that entered Karawang, labor absorption in the January-September period was 16,660 people.

Wawan said that the high realization of investment in Karawang was driven by the large number of foreign investors coming to Karawang.

His party encourages large entrepreneurs to collaborate with MSMEs to create jobs.

This was conveyed because even though the realization coming into Karawang was quite high, the majority of investors coming into Karawang were capital-intensive entrepreneurs who used high technology.

"This capital-intensive company doesn't use too much labor. Instead, it relies more on technology so it doesn't absorb too much labor," he said.

(SOURCE)