West Java Is Still The Number 1 Foreign Investment Destination, Ridwan Kamil: West Java Is The Best Place In Terms Of Infrastructure

JAKARTA - West Java (West Java) Province is still in the first rank for both domestic investment (PMDN) and foreign investment (PMA) in the first quarter of 2021 based on data from the Indonesian Investment Coordinating Board (BKPM).

"West Java Province contributed 16.9 percent of the total investment that came in during the first quarter of 2021, the details are PMA 1.4 billion US Dollars and PMDN Rp16 trillion," said Head of the West Java Investment and Integrated Services One Stop (DPMPTSP), Noneng. Komara in an online Focus Group Discussion in Bandung, quoted from Antara, Tuesday, April 26.

Noneng said that this condition showed that West Java was still the star of investment during the COVID-19 pandemic, especially during the first quarter of 2021 economic recovery.

He said of the total investment during the first quarter of 2021, which reached Rp. 219.7 trillion with Rp. 111.7 trillion for PMA and Rp. 108.0 trillion for PMDN, West Java has the upper hand in these two investment sectors.

BKPM RI launched by region in the first quarter of 2021, the highest realization of PMDN and PMA was in the Java Region.

The next largest realization of PMDN was in the regions of Sumatra, Kalimantan, Sulawesi, Bali and Nusa Tenggara, as well as Maluku and Papua. Meanwhile, the next largest FDI is in the regions of Sumatra, Sulawesi, Maluku and Papua, Kalimantan, as well as Bali and Nusa Tenggara.

"Since 2018, from the trend of investment locations, West Java continues to rank first compared to other provinces," he said.

Meanwhile, the Governor of West Java, M Ridwan Kamil or Kang Emil, assessed that West Java continues to be the prima donna of investment because it is supported by an investment climate that is more ready.

Kang Emil said in terms of infrastructure and support for human resources (HR). He said that the investment-related policies he created were based on the idea that a leader must have the courage to make decisions in order to generate trust from investors.

According to Kang Emil, the economy will only grow if investment comes in, exports are high, purchasing power increases and the government is good.

"Now, I am convinced that West Java is the best place for investment with one infrastructure reason. The two most productive human resources in Indonesia," said Kang Emil.