Bank Indonesia and the East Java Provincial Government (Pemprov Jatim) are making efforts to accelerate investment growth in Banyuwangi Regency because in the past few years it has become one of the centers of economic growth in East Java.Banyuwangi Regent Ipuk Fiestiandani in Banyuwangi, Sunday, admitted that she was pleased because the regency at the eastern tip of Java Island continues to receive support from the East Java Provincial Government and Bank Indonesia. "We have discussed the potential and what projects need to be improved and facilitated by the provincial government and BI," she said. Ipuk admitted that she had met with the Assistant Director of the Bank Indonesia Representative Office for East Java Province, Petrus Endria, to discuss the acceleration of investment in East Java.
In the meeting, Ipuk said that a number of programs that require more intervention to be completed immediately, such as the cable car at the Ijen Crater Nature Tourism Park, the development of Tanjung Wangi Port, transportation routes for transporting PT INKA production carriages, to plans to develop an industrial area in Wongsorejo District. "The investment is generally outside the authority of the regional government, in general Banyuwangi is open to various potential investments that will come in," said Ipuk. In addition, he continued, Banyuwangi also focuses on investment in the agricultural and food sectors because investment in the food and agricultural sectors is wide open in Banyuwangi. "Many of our farmers have also developed organic products," said Regent Ipuk. Information obtained, data from the Central Statistics Agency (BPS) states that in 2024 the Gross Regional Domestic Product (GRDP) of Banyuwangi Regency non-oil and gas will be IDR 108.23 trillion, placing Banyuwangi in the 8th highest GRDP position in East Java.
