We strive to achieve an investment value of Rp717 trillion (around US$50.1 billion) that we offer to domestic and international enterprises this yearBandung, West Java (ANTARA) - West Java Governor Ridwan Kamil stated that the province offers Rp717-trillion investment potential for domestic and international enterprises, with investment value of Rp41 trillion being sealed for the 2021 budget year.
"We strive to achieve an investment value of Rp717 trillion (around US$50.1 billion) that we offer to domestic and international enterprises this year. We have currently sealed Rp41 trillion (around US$287 million) worth of investments, and we expect more investment commitments inked in following days," Kamil stated after opening the 3rd West Java Investment Summit in Bandung, West Java, on Thursday.
The governor revealed that enterprises are offered to invest in the northern and southern parts of the province, with maritime, tourism, and agriculture sectors being opened for investment.
The province had received Rp400 trillion (around US$28 billion) commitment from the central government, procured in three years, to develop business centers in the northern part of the province and facilitate economic equality in the southern part of the province, Kamil explained.
"In early November of 2021, I was also instructed by Mr Pandjaitan (Coordinating Minister for Maritime and Investment Affairs) to accompany him during a visit to Abu Dhabi to promote northern West Java to Middle Eastern investors," the governor stated.
Meanwhile, Bank Indonesia's West Java Office Head, Herawanto, reiterated the importance of investment equality between the northern and southern parts of the province to ensure inclusive and resilient economic development for the entire province.
He informed that the northern part of the province offered for investment -- Cirebon, Subang, and Majalengka districts forming an agglomeration called Rebana -- had been complemented with industry centers connected with Patimban Port in Subang District, Kertajati International Airport in Majalengka District, and Trans-Java toll road.
The southern part of the province is offered to green industry actors, as the tourism and agriculture sectors in the region are open for investment, he noted.
"Those projects are expected to respond to the global investors' concerns regarding the green economy as our response to the ongoing climate change," he affirmed.
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Translator: Ajat Sudrajat, Nabil Ihsan
Editor: Sri Haryati
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