Bisnis.com, BANDUNG — Central Java Province has learned a lot from West Java's success in attracting foreign investment (PMA). Head of the West Java Province One Stop Integrated Investment and Licensing Service (DPMPTSP) Nining Yuliastiani said he was sharing the success story of how West Java Province has always excelled in realizing investment in Indonesia.

According to him, the story was conveyed during the Central Java Keris High Level Meeting activity which was initiated by Bank Indonesia Central Java Representative Office in the P0.11 Hotel Ballroom. Youth No. I 18 Semarang, last Thursday (7/3/2024). West Java Province is still the main destination for investors investing in Indonesia, this is shown by the investment realization value of West Java which is always ranked first nationally.

"In 2023, the realization of foreign investment in West Java will reach IDR 122.6 trillion or around 16.5% of the realization of national FDI," he said, quoted Monday (11/3/2024). In 2023, FDI investment in West Java will amount to IDR 122.6 trillion, where Japan will be the country with the highest investment in West Java with an investment value of IDR 26.65 trillion.

"Japan is the country with the most investment projects in West Java with a total of 6,908 projects," he said. Apart from Central Java, West Java last week also visited the East Java Province PMPTSP Service, this visit was in the context of exchanging ideas and discussions regarding licensing and investment. "We believe that in this process we need to learn many things so that in the future we don't take the wrong steps, so this discussion will certainly provide new insights for both West Java and East Java Provinces," he said.

(SOURCE)