Thursday, 09 November 2023 07:35

Investment Realization in West Java Surges by 19.4% in Q3 2023

The Head of the Investment and Integrated One-Stop Services Agency (DPMPTSP) of West Java, Nining Yulistiani, stated 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. This way, the appeal of every project in West Java can be considered and even attract investors," she explained on Wednesday (8/11/2023). Nining noted that the investment realization in West Java until the third quarter of 2023 has reached 81.5% of the target set by the Ministry of Investment/BKPM RI, amounting to IDR 188.03 trillion. She mentioned that from July to September, the investment realization in West Java reached IDR 49.5 trillion. Cumulatively, from January to September 2023, it amounted to IDR 153.2 trillion.

"This means that 81.5% of the investment target imposed on West Java, amounting to IDR 188.03 trillion, has been achieved," said Nining. Nining stated that the investment realization in the third quarter of 2023, amounting to IDR 153.2 trillion, is 19.4% higher than the same period in 2022, which reached IDR 128.3 trillion. With the full operation of Kertajati, she is optimistic that West Java will become more attractive to investors. According to her, one of the most important reasons for investors to inject capital is robust connectivity. "In West Java, there are the most toll road routes, supported by high stability in accessibility, basic infrastructure for energy supply, raw materials, and water. West Java is one of the most preferred locations," she concluded.

Source: https://m.bisnis.com/amp/read/20231108/550/1712391/realisasi-investasi-ke-jawa-barat-kuartal-iii-2023-melonjak-194

 

 

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