PORTALJABAR, KOTA BANDUNG - Investment realization in West Java Province continues to show a positive trend. Total investment realization from 2018 to 2023 reached IDR 838.81 trillion, and absorbed 856.3 thousand new workers.

Head of the West Java Investment and One Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, said that investment is the key to development.

"We have seen various achievements and developments carried out by the government in 2023 regarding inclusive, quality development. It can be concluded that investment is the key to development," said Nining in Bewara Jawa Barat (BEJA) Vol. 1 at Gedung Sate, Bandung City, Tuesday (9/1/2024).

“Investment is the most important driver for development. "So, investment development must continue to be carried out," he added.

West Java Province has excelled in achieving investment realization in Indonesia for six consecutive years. Nevertheless, West Java Province continues to explore its potential to create new sectors.

"Looking at what happens in 2023, there are many things to evaluate in developing the investment ecosystem in West Java," said Nining. According to Nining, his party has taken a stance to provide solutions to the challenges that will be faced in the following year, such as geopolitical tensions, climate change, future pandemics, and digitalization.

“I see that the way forward is not easy in terms of increasing investment. "Geopolitical challenges, climate change, pandemics and digitalization are challenges that we (the government) must overcome," he said.

"In 2024, West Java will focus on encouraging the development of renewable-based downstream industries in West Java and encouraging the implementation of the Green Economy in West Java," he added. Apart from that, Nining also said that West Java is not enough just to promote existing potential, but also to create quality human resources. This is the key to investment development.

"The quality of human resources is an asset that becomes an investment, good human resource positions will become a component of economic activity in West Java, and become promotional material for investment assets. "Let's work together to support quality investment," said Nining.

Nining added that West Java's major investment achievements in 2023, both the realization of foreign investment and domestic investment, will continue to be encouraged in 2024, especially if supported by infrastructure and ease of licensing services.

"This will certainly have an impact on better labor absorption," said Nining.

(SOURCE)