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    Five Regencies / Cities in West Java Investor In Demand

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    BANDUNG - First Semester of 2017, the top five most favored by Foreign Capital Investors (PMA) is Karawang regency of 41.71 percent, Bekasi Regency is 32.69 percent, Bogor Regency (6.23 percent) , Cirebon Regency (3.69 percent), and Purwakarta Regency (3.52 percent).

    While for the Domestic Investment (PMDN) Regency / City of the most demanded is the city of Bogor 21.91 percent, Karawang regency of 21.36 percent, Bekasi Regency (16.24 percent), Sumedang Regency (10.53 percent) and Bandung regency (5.67 percent).

    Vice Governor of West Java, Deddy Mizwar explained that based on its business sector, foreign investment in West Java is the largest in the motor vehicle and other transportation sector with a ratio of 34.45 percent, Metal, Machinery and Electronics Industries of 13.51 percent, Chemical Industry and Pharmaceuticals 7.43 percent, Rubber and Plastics Industry 7.31 percent, and Non-Metal Mineral Industry 6.14 percent.

    "PMA is still dominated in the sector of Motor Vehicle Industry and other Transportation Equipment," said Vice Governor to reporters at Gedung Sate Bandung, Friday (6/10/2017).

    Deddy Mizwar said, while domestic investment in LKPM Mandatory in West Java is mostly invested in the sector of Paper and Printing Industry with a ratio of 20.68 percent, Transportation, Warehouse and Communications by 19.83 percent, Textile Industry by 12.05 percent, Housing, Industrial and Office Area by 10.40 percent, and Food Industry by 8.10 percent.

    "For PMDN until now the largest is still the sector of Paper and Printing Industry," he said.

    So far, Demiz said, the amount of investment from Middle East countries in West Java is still relatively low. Ten countries with the largest investment in West Java, occupied by Japan, Singapore, Netherlands, Taiwan, Hongkong, France and British Virgins Island. Following then Malaysia, South Korea and China.

    Therefore, through the West Java Investor Forum, the West Java Provincial Government invites investors from Middle Eastern countries, ASEAN Countries and other OIC Members, to become part of business in West Java, starting from manufacturing , construction, agriculture to tourism.

    According to the Demiz greeting of Vice Governor of West Java, there are some major investment opportunities in West Java that can be elaborated in this event, such as the LRT Bandung Metropolitan Area railway development project and the Tanjungsari-Kertajati-Arjawinangun railway line, Patimban International Port and Halal Hub Logistics, West Java International Airport Development Project (BIJB Kertajati) and Nusawiru Airport in Pangandaran, Industrial Area located in Depok, Bekasi and Karawang, Legok Nangka Solid Waste Treatment and Disposal development project, Cirebon Raya water supply system and project Cikembang Mini Water Power Plant (PLTM).

    "Including tourism development project (Hotel, Restaurant and other supporting facilities) in Geopark Ciletuh-Palabuhanratu area," said Demiz.

    Demiz added that in line with the policy of the Central Government, West Java Provincial Government has a strong commitment to provide business facilities and continue to encourage a conducive business climate in West Java, so it is expected to expand employment opportunities and encourage the acceleration of inclusive economic growth more evenly.

    This is done through efforts to innovate the implementation of 3-Hours Investment Licensing Service, where investors can obtain permit for investment project development in the industrial area within 3 hours, strengthening the carrying capacity of infrastructure, energy availability, certainty of time and cost, eliminating business barriers, and other support to increase investment in West Java.

    "The investment projects we offer, today opened several booths representing each investment project, as well as Business Matching to facilitate deeper communication between potential investors and project owners. exhibited local tea products (Mimi Tea and Tea Walini), as well as local Puntang Mountain coffee that has received world recognition as the best coffee in the international arena in the United States, "he concluded. (MAT)

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