The Government of Madiun City, East Java, is collaborating with local entrepreneurs to map out investment potential to boost the region's economy. Acting Mayor Eddy Supriyanto emphasized the diverse potential of Madiun City, which can attract investors to invest in the area. Therefore, these potentials need to be strategically mapped to maximize their impact. During the socialization of the General Investment Plan (RUPM) organized by the Madiun City Investment and One-Stop Integrated Services Agency (DPMPTS) at Aston Hotel on Tuesday, Mayor Eddy highlighted the necessity of continuous improvements to make Madiun more appealing for investments. The city administration aims to enhance Madiun's competitiveness, attracting more tourists and increasing investment value. According to data, Madiun City set an investment target of IDR 260 billion in 2023, which was exceeded by 110%. By mid-2024, the city has already achieved 45% of its investment target for the year. Eddy noted that investment growth directly correlates with the region's progress, benefiting the community by boosting economic income, creating jobs, reducing unemployment, and alleviating poverty. The administration is actively encouraging investors to bring their businesses to Madiun City, dubbed "Kota Pendekar." Various efforts are being made to stimulate Madiun's economy, including innovations by the DPMPTSP to simplify the licensing process, making it easier for investors to invest. Innovations include the introduction of the digital application Madiun Kota Single Submission (MASS) for license applications. These efforts aim to create a conducive investment climate, making investors feel comfortable investing in Madiun City. The RUPM socialization event was attended by entrepreneurs and academics, underlining the collaborative approach to mapping and utilizing investment potential to drive economic growth in Madiun City.
Wednesday, 17 July 2024 09:44
Madiun City Partners with Entrepreneurs to Map Investments and Boost Economy
