Realization of Investment in West Java in the Third Quarter of 2023 Soars 19.4%

Bisnis.com, BANDUNG-- Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yulistiani, said that West Java is ready to maintain its position as the province with the highest investment realization in Indonesia next year.

 

"We continue to build closer communication, offering various investment potentials and sustainable project opportunities. "So, the attractiveness of every project in West Java can be seen and even attracted by investors," he explained, quoted on Wednesday (8/11/2023).

 

Nining noted that investment realization in West Java up to the third quarter of 2023 had reached 81.5% of the target set by the Indonesian Ministry of Investment/BKPM of IDR 188.03 trillion.

 

According to him, from July to September, West Java investment realization reached IDR 49.5 trillion. Cumulatively from January to September 2023, it reaches IDR 153.2 trillion. "Which means that 81.5% of the investment target imposed on West Java of IDR 188.03 trillion has been achieved," said Nining.

 

Nining said that investment realization up to the third quarter of 2023 amounted to IDR 153.2 trillion, up to 19.4% higher than in 2022 in the same period which reached IDR 128.3 trillion.

 

With Kertajati fully operational, he is optimistic that West Java will become increasingly sexy in the eyes of investors. According to him, for investors, one of the most important reasons to invest capital is good connectivity.

 

"In West Java, there are the most toll road routes, then supported by accessibility which has quite high stability, basic infrastructure for providing energy, (availability of) raw materials and water, West Java is also one of the locations with the most choices," he concluded.

 

(SOURCE)

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