West Java Aims to Become ASEAN Investment Hub

Translator

Ricky Mohammad Nugraha

Editor

Laila Afifa

Kamis, 17 Juni 2021 21:00 WIB

TEMPO.CO, Jakarta - West Java Governor Ridwan Kamil on Thursday said he is preparing his province to become ASEAN's investment hub in the future. He linked this to the massive investment relocation from China due to the Covid-19 pandemic.

“We are preparing to become an investment hub in ASEAN because of the investment relocation from China,” said Ridwan Kamil on a webinar of the Supreme Audit agency (BPK) on Thursday, June 17.

The governor said that West Java’s investment is moving to a positive trend after experiencing a contraction in 2020. The investment realization during the Q1 of 2021 in this province reached Rp37.14 trillion which contributed to 16.9 percent of the total investments arrived in Indonesia this year.

Ridwan Kamil said the province will expand to other investment opportunities such as increasing food sovereignty and medical infrastructure. He would also improve the province’s digitalization sector and fully support the growth of 4.0 industries but also reduce greenhouse gas emissions.

Read: Ridwan Kamil: Investment in West Java Rises 6 Times during Pandemic

FRANCISCA CHRISTY ROSANA

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

11 jam lalu

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

Bahlil will accelerate the facilitation of investment to achieve sugar and bioethanol self-sufficiency

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

11 jam lalu

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

IKN Authority deputy head claims that investment opportunities in IKN are attracting European attention.

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

1 hari lalu

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

IKN Authority said it had received three letters of intent (Lol) from three Malaysian private companies.

Rainfall to Cease in West Java in Early May, BMKG Reports

1 hari lalu

Rainfall to Cease in West Java in Early May, BMKG Reports

BMKG forecasts that rainfall will decrease in the first ten days of May 2024 in West Java.

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

2 hari lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

West Java's Bandung Jolted by 4.2M Earthquake, 2 Aftershocks: BMKG

2 hari lalu

West Java's Bandung Jolted by 4.2M Earthquake, 2 Aftershocks: BMKG

An earthquake measuring 4.2 magnitudes jolted Bandung Regency, West Java, at 10:06 a.m. local time on Wednesday, May 1, as reported by the BMKG.

Microsoft's Promises Behind Jumbo Investments for Indonesia

2 hari lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Philippines Accuses China of Damaging its Vessel in Disputed South China Sea Shoal

3 hari lalu

Philippines Accuses China of Damaging its Vessel in Disputed South China Sea Shoal

The Philippines on Tuesday accuses China's coast guard of harassing and damaging one of its boats in a disputed area of the South China Sea.

West Java Prone to Earthquakes; BMKG Asks Public to Adapt, Proactive in Disaster Mitigation

3 hari lalu

West Java Prone to Earthquakes; BMKG Asks Public to Adapt, Proactive in Disaster Mitigation

BMKG highlighted the region's history of frequent earthquakes dating back to 1844 in areas like Garut, Cianjur, Tasikmalaya, Pangandaran, and Sukabumi