Wednesday, 09 February 2022 09:54

West Java Investment Reaches IDR 136.2 Trillion, Highest in Indonesia

West Java Province recorded an investment realization of IDR 136.1 trillion last year. This figure is equivalent to 15.1 percent of the total realization of national investment. This is based on data from the Ministry of Investment / Investment Coordinating Board (BKPM), as conveyed by the Governor of West Java Ridwan Kamil or Emil at the West Java Investment Report event at the West Java Investment Hub Building, Bandung City, Monday (7/2). "First, the good news is our realization (investment) throughout 2021, the highest in Indonesia at IDR 136 trillion," said Emil. According to Emil, the achievement of this investment realization indicates that investor assuredness in the West Java Province remains high. Moreover, amid the current COVID-19 pandemic situation which has an impact on the economy. "Even though in previous years, it was smaller and this indicates that during 2021 even though the pandemic hit, investment assuredness in West Java did not decrease. This has to be investigated, they say COVID will make the economy go down, but why is investment going up. It means that there is a perception that this pandemic is only temporary, but in the long term the economy will recover, it becomes assuredness," he said.


Then, for the first time, the realization of PMA and PMDN investments is currently almost equal or 50:50. This indicates that domestic investors are also increasing and willing to invest in areas of interest. "Our answers are always three, why do people feel comfortable investing in West Java. One, there is a lot of infrastructures. There are 10 toll roads already under construction, railroads, ports, and so on," explained Emil. Second, about the Human Resources (HR) index of West Java which is very productive. Third, investment services that are fast, accurate, and with integrity. "Plus, we are always around to market, including me as governor. That's the answer to why the good news is today, our investment is champion in Indonesia," he said. For this achievement, the central government through BKPM targets that investment realization can increase again. In 2022, BKPM targets the incoming investment to be Rp. 1,200 trillion, an increase of 30 percent. Meanwhile, West Java is targeted to contribute 15 percent of the government's target of Rp. 1,200 trillion. The target aims to support national economic growth in 2022, which is 5.2 to 5.5 percent. "Then the central government does have a target of IDR 1,200 trillion and 15 percent of it is entrusted to West Java. That's what we will discuss later," said Emil.


Source: https://www.cnnindonesia.com/ekonomi/20220207150000-92-756061/investasi-jawa-barat-tembus-rp1362-t-tertinggi-di-indonesia

 

 

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