Investment Realization In West Java Targeted To Increase To IDR 250 Trillion In 2024

JAKARTA - Daily Executive (Plh) of the Regional Secretary of West Java Province (Sekdakov Jabar) Taufiq Budi Santoso revealed that the realization of investment in West Java in 2024 is targeted to increase to Rp250 trillion.

Therefore, said Taufiq, it is important for local governments to encourage, facilitate, and prepare a conducive climate for investment.

"Because if we look at Gross Regional Domestic Product (GDP), investment is actually an important part in addition to the consumption of government spending, then exports and imports," said Taufiq, at Gedung Sate Bandung, quoted from Antara, Tuesday, January 30.

In an effort to smooth the achievement of the investment target, the West Java Provincial Government in 2024 will boost the development and optimization of various infrastructures as an effort to attract investors and develop investment in West Java.

"So that in the future, how to connect these economic growth centers with existing infrastructure, which does have good quality and capacity, so that the transportation of goods and passengers can run properly and can access the location of economic growth," said Taufiq as well.

For developments that continue to be accelerated, said Taufiq, including the provision of waste processing and processing stations in Nambo, Legoknangka, Cirebon Raya, and Bekasi-Karawang-Purwakarta.

"We are also preparing urban trains in Metropolitan Bandung, we can confirm the funding, whether it will be blended finance between KPBU and the source of APBN and APBD funding, we are also preparing this," he said again.

Then, several other infrastructures that are driving the economy are being prepared, including how to optimize West Java International Airport (BIJB) Kertajati.

"Hopefully this can be an outlet and an inlet by using flights or air transportation. In addition, optimize the Patimban Port for sea transportation, which hopefully will also become an outlet and inlet for West Java," he said.

For infrastructure development, said Taufiq again, the West Java Provincial Government continues to develop a funding mechanism, for infrastructure activities, of course, together with the business world and the community.

"For us to be able to create what has been mandated by the central government and also to develop jobs, develop economic activities in West Java in the future," he added.

Head of the West Java Province Investment and One Stop Integrated Service (DPMPTSP) Nining Yulistiani said the West Java Provincial Government would work as hard as possible with all districts and cities, especially in providing services in licensing for investment.

"For West Java, there are four things that then become the focus for increasing our investment, namely infrastructure, then tourism, downstream and renewable, as well as technology-based investment, because there are also many investments in capital-intensive industries entering West Java," said Nining as well.