PORTALJABAR, BANDUNG CITY - The West Java Provincial Government is targeting investment of IDR 270 trillion to drive provincial economic growth of 5.6 percent in 2025.
"Reflecting on the economic growth target in 2025 of 5.6 percent, our investment calculations must reach IDR 270 trillion," said Head of DPMPTSP West Java Nining Yuliastini, at the Bewara Jabar event at Gedung Sate Bandung, Tuesday (11/2/2025).
"Of course, also by encouraging other sectors such as exports, imports and consumption," added Nining.
According to Nining, West Java's investment achievement in 2024 amounted to Rp251.14 trillion, successfully absorbing around 383,000 workers. With a higher investment target in 2025, Nining is confident that it will be directly proportional to higher labor absorption.
For that, efforts are needed to increase human resource capacity to suit investor needs. "Investors who come in have requested a large number of workers, but of course with the desired specifications. The Job Training Center must be observant in seeing this need," explained Nining.
The Rebana area, according to her, will remain a favorite investment destination in West Java because it has extensive land and complete infrastructure support. According to Nining, since Rebana was designated as an industrial area, there has been a three-fold increase in investment in the area.
West Java's 2024 investment is still the highest nationally. With a total investment of IDR251.14 trillion, the achievement increased by 19.24 percent from the previous year.
Investment realization consists of foreign investment (PMA) of IDR 149.5 trillion and domestic investment (PMDN) of IDR 101.54 trillion.
Investment is centered in five districts/cities, four of which are in the northern region with an investment portion of 75 percent of the total investment in West Java.
Labor absorption from PMA PMDN investment is relatively spread out. Most PMA PMDN investment projects are also located in northern West Java.
Note, the small number of projects such as in Bekasi and Karawang Regency, shows that the investment coming into the area is a large investment. "We are optimistic that this year West Java's investment is still the highest nationally," he said.
Deputy Head of Bank Indonesia West Java Representative Office, Muslimin Anwar, expressed his belief that investment in West Java will grow between 7 - 8 percent from last year.
Drivers of investment growth include conducive domestic conditions after the 2024 Presidential and Regional Elections, as well as the imminent inauguration of regional heads.
"After the regional head is officially inaugurated, investors who are in a waiting position will start to move. So it is hoped that the regional head will support the steps to increase investment in West Java, especially in making regional regulations," he said.
Muslims are also optimistic that West Java will continue to be an investment magnet after Indonesia's global competitiveness level rose to 27th place (IMD World Competitiveness Ranking).
"We have never been in this position, meaning that global trust has improved, licensing has become easier and we are considered quite efficient in managing investment permits," he concluded.
The Beja event at Gedung Sate took the theme 'Realization of West Java Investment 2024 and Economic Prospects in Supporting West Java Investment in 2025'.