Friday, 12 January 2024 04:21

West Java's Investment Realization Reaches IDR 838.81 Trillion in the Last Five Years

The investment landscape in West Java demonstrates a positive trend, with a total realization of IDR 838.81 trillion from 2018 to 2023, according to the Head of the Investment and Integrated Services Agency of West Java, Nining Yuliastiani. This period also witnessed the creation of 856.3 thousand new job opportunities. Nining Yuliastiani emphasized the pivotal role of investment in driving development, stating that various achievements and inclusive, high-quality developments have been realized through government efforts in 2023. Recognizing the importance of investment as the key to development, she urged continued efforts in investment development. West Java has consistently excelled in investment realization in Indonesia for six consecutive years. Despite this success, Nining stressed the ongoing exploration of untapped potentials to venture into new sectors. Reflecting on the challenges faced in 2023, such as geopolitical tensions, climate change, future pandemics, and digitalization, Nining highlighted the government's commitment to providing solutions. She acknowledged the complexities of advancing investment in the face of these challenges.

Looking ahead to 2024, West Java aims to focus on promoting the development of downstream industries based on renewable resources and implementing a Green Economy initiative. This strategic direction aligns with the region's commitment to sustainability and environmental consciousness. Nining underscored the importance of not only promoting existing potentials but also fostering a high-quality workforce. Quality human resources are viewed as an investment asset, playing a crucial role in economic activities and serving as a promotional asset for investment. To sustain and further enhance the substantial investment achievements in 2023, both Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) will continue to be prioritized in 2024. The commitment to supporting these efforts with infrastructure development and streamlined licensing services is expected to lead to improved job creation. In conclusion, the positive trajectory in West Java's investment realization reflects a strategic focus on sustainable and inclusive development, with a commitment to overcoming challenges and fostering a conducive environment for quality investments.

Source: https://www.idxchannel.com/amp/economics/tren-positif-realisasi-investasi-jabar-lima-tahun-terakhir-capai-rp83881-triliun

 

 

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