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The 4th West Java Investment Summit (WJIS) 2022
In order to promote potential projects in West Java, West Java KPw BI together with the West Java Provincial Government again held an annual investment promotion activity for the fourth time, namely The 4th West Java Investment Summit (WJIS) 2022. The activity will be held in a hybrid manner with the theme “Green Investment : Food Security and Renewable Energy”. This takes into account the urgency of investment in the food and energy security sector to mitigate potential global inflationary pressures and food and energy. Recent geopolitical conditions and the threat of climate change have weakened food and energy security, and West Java is no exception.
The said activities are held on:
Day/Date : Wednesday-Thursday, 05-06 October 2022
Time : 07.30 WIB – 16.30 WIB
Place : Trans Convention Center Hotel Trans Luxury
Jl. Gatot Subroto No. 289 Bandung
West Java Infrastructure Forum 2022
Following up on the instructions of the President of the Republic of Indonesia in the 2022 National Coordination Meeting for Inflation Control to strengthen the synergy of inflation control at the central and regional levels as well as the 5 (five) directives in improving food security, development planning and utilization of supporting infrastructure for food security are needed to reduce supply and price disparities between regions and reduce transportation costs. .
In this regard, we intend to organize a coordination forum to strengthen synergies at the central and regional levels under the heading of the West Java Infrastructure Forum with the theme “Strategies for Optimizing Infrastructure in the Context of Economic Recovery and Price Stabilization”. This activity has the aim of formulating development policies and strategies through mapping priorities for meeting needs and utilizing infrastructure in West Java that can support West Java and National food security.
Day, date : Tuesday, 20 September 2022
Time: 07.30 WIB until finished (starting with antigen test*)
Place : Bale Pasundan 2nd Floor Bank Indonesia West Java Province
Jl. Braga No. 108 Bandung
West Java Industrial Meeting (WJIM) 2022
In an effort to provide added value and contribute to the West Java economy, particularly through the development of the manufacturing industry as a leading economic sector, the West Java Province Bank Indonesia Representative Office collaborates with the West Java Provincial Government, in this case the Industry and Trade Office, annually organizes the West Java event. Industrial Meeting (WJIM). The implementation of these activities will focus on the delivery of information and discussion forums related to policies from various agencies, both vertical and local governments. In addition, WJIM activities are also a form of appreciation to Bank Indonesia respondents as well as efforts to increase the engagement of Bank Indonesia and the Provincial Government to business actors in the processing industry.
The West Java Industrial Meeting (WJIM) 2022 will be held on:
Date and Day : Wednesday 15th June 2022
Theme : “Increasing Industrial Competitiveness in West Java Through Export-Import Ease Support: LCS and Various Other Supporting Instruments”
Audience: 150 C-level West Java Processing Industry Businessman/woman
29 November 2022
Toyota Invests IDR 4.2 Trillion for Kijang Innova Zenix ‘Made in Karawang’
The investment realization is part of Toyota’s investment commitment in Indonesia of IDR 28.3 trillion until 2026.
Dream – Toyota Indonesia disbursed IDR 4.2 trillion in investment funds for the development of the Kijang Innova Zenix, which is the first hybrid model made locally. Produced directly by PT. Toyota Motor Manufacturing Indonesia (TMMIN) in Karawang, West Java.
“The production of the 7th generation Kijang car requires an investment of IDR 4.2 trillion. This Kijang Innova presents a choice of Hybrid Electric Vehicle (HEV) electrification vehicles with locally assembled batteries,” said TMMIN President Director, Warih Andang Tjahjono at a press conference , Monday November 21, 2022.
The realization of this investment is part of Toyota’s investment commitment in Indonesia of IDR 28.3 trillion until 2026. This investment has been used to boost the electric vehicle ecosystem in Indonesia.
Starting from investment in factory facilities to the development of electric cars. It is noted that as many as 100 local suppliers were involved in the development of Zenix.
The Kijang Innova Zenix, which absorbs around 1,000 new workers, was developed by a global team together with Indonesian engineers who actively and integrally contributed at every stage of development, including in the production line.
The entire new Kijang Innova is planned to be exported to more than 40 countries.
“In the first year it will be distributed to Asia, Africa, Latin America and the Middle East with a planned volume of 8,500 units per year,” explained Warih.
Previously, an investment plan of IDR 28.3 trillion was conveyed in President Joko Widodo’s meeting with the CEO of Toyota Motors Corporation (TMC). During the meeting, Toyota was committed to making Indonesia an industrial base for the production of electric vehicles to be marketed in the ASEAN region and in Indonesia.
29 November 2022
Realization of PUPR Budget Absorption until November 26 Reaches 69 Percent
TEMPO.CO, Jakarta – The Minister of Public Works and Public Housing (PUPR), Basuki Hadimuljono, said that until November 26, 2022, at 18.00 WIB, financial realization amounted to IDR 84.3 trillion or 69 percent of the total ceiling of IDR 121.4 trillion.
While the physical realization was 75 percent. Among them for the labor-intensive cash program the current financial realization is IDR 12.97 trillion or 85.8 percent of the total budget ceiling of IDR 15.11 trillion and absorbs a workforce of 661,000 people or 80.8 percent of the target of 798,000 people.
“The prognosis is that the absorption of the 2022 fiscal year is 96.04 percent, leaving a potential remaining budget of IDR 4.81 trillion. Especially for the Directorate General of Water Resources in the amount of IDR 1.39 trillion and the Directorate General of Highways in the amount of IDR 2.53 trillion,” said Basuki, in a joint working meeting with Commission V DPR RI at the Parliament Complex, Central Jakarta, Monday, 28 November 2022.
He revealed that the ceiling of the ministry’s budget allocation has undergone changes. From what was originally submitted to Commission V of the DPR RI worth IDR 100.59 trillion, he said, now it has become IDR 121.4 trillion or an increase of around IDR 20.81 trillion.
According to him, the first addition to the budget came from the launch of state sharia securities (SBSN) of IDR 2.3 trillion. “Among others for the development of irrigation areas and construction such as roads and bridges,” he said.
Second, said Basuki, from accelerating foreign loans and grants of IDR 7.13 trillion. The funds are used for the Indonesia tourism development project for the program of five super priority tourist destinations and the national affordable housing program (NAHP).
“Also for strategic irrigation modernization and urgent development (SIMURP), and dam operational improvement and safety projects, this is for the rehabilitation of existing existing dams,” he said.
The third comes from a pure rupiah adjustment of IDR 11.38 trillion. The funds are used to support the G20 Summit, ASEAN Summit and MotoGP as well as handling the impact of disasters in East Java, West Sulawesi, NTT, NTB and Banten.
“As well as additions to state asset management institutions, for land acquisition and development in the Archipelago Capital City (IKN),” said Basuki.
So, Basuki continued, from the initial budget of IDR 100.59 trillion to IDR 121.4 trillion.
29 November 2022
Ministry of Industry Appreciates Food Industry in Karawang Adds Investment of IDR 1.2 Trillion
Karawang: The Ministry of Industry (Kemenperin) appreciates the food and beverage industry, namely PT Heinz ABC Indonesia, which has increased its investment for the expansion and modernization of factories in Karawang amounting to IDR 1.2 trillion.
“I welcome and appreciate PT Heinz ABC Indonesia’s commitment to continue to invest and develop the food and beverage product business with an investment value for factory expansion and modernization,” said Secretary General of the Ministry of Industry Dody Widodo in Karawang, West Java, quoted from Antara, Monday, November 28, 2022.
With this additional investment, PT Heinz ABC Indonesia’s total investment value in the Karawang plant reaches IDR 1.9 trillion or IDR 2.7 trillion for all investments in Indonesia.
The company, which was founded 47 years ago, will also increase its production capacity to 425 million liters per year from the previous 155 million liters per year targeting the domestic market and 60 export destination countries.
Dody conveyed that the additional investment was very important and good news in efforts to revive the national economy through providing employment and providing opportunities and benefits for micro, small and medium enterprises (MSMEs), cooperatives and other supporting businesses so that they can develop together.
“For this reason, I hope that PT Heinz ABC Indonesia, especially at the Karawang plant, will maintain their commitment and provide guidance to partners so that mutually beneficial relationships are established between various parties,” said Dody.
Meanwhile, Managing Director of Kraft Heinz Indonesia-Papua New Guinea Steven Debrabandere said the factory development carried out included the application of modern technology and automation systems at all stages of production.
In addition, the application of sustainable manufacturing practices will also support the achievement of Kraft Heinz’s Net Zero ambitions by 2050.
“Today, we are again printing important history for PT Heinz ABC Indonesia. The development and modernization of the factory in Karawang will further pave the way for the company to continue to grow and accelerate the growth of the ABC brand, both domestically and globally,” said Steven.
Overall, he continued, the development will position the PT Heinz ABC Indonesia factory in Karawang to become one of the international-standard factories that are environmentally friendly, as well as making Indonesia a driving force for Kraft Heinz’s growth in Asia.
Head of International Operations of The Kraft Heinz Company, Inako Balduz said the Asian market plays an important role for Kraft Heinz’s global growth strategy and Indonesia is at the center.
“As one of the largest food and beverage companies in the world, we continue to transform to be at the forefront through technological innovation, and we are committed to bringing Indonesia and the ABC brand into it,” explained Inaki.
Head of Operation Kraft Heinz Indonesia & Papua New Guinea, Prasetyo Kismono explained that the company is committed to developing all operations in a sustainable manner.
“We have reduced emissions by up to 60 percent by replacing the use of coal with rice husk for boilers. We have also installed solar panels that are capable of producing up to 100 percent of electricity demand (during the day), with a capacity of up to 3.2 megawatts,” said Prasetyo.
As part of Water Stewardship, the PT Heinz ABC Indonesia factory in Karawang is equipped with a new fully automated Wastewater Treatment Plant, which allows the factory to recycle up to 70 percent of post-production water for reuse through Reverse Osmosis technology, and generate 250 kilowatts of electricity from methane gas that arises in the Wastewater Treatment Plant.
It is known, PT Heinz ABC Indonesia has two factories in Indonesia, namely in Pasuruan, East Java, and in Karawang, West Java. The factory in Karawang is located in Klari District, East Karawang, West Java, and has been established since 1994.
Currently, the 18.9 hectare factory produces 254 Stock Keeping Unit (SKU) products, which include ABC soy sauce, ABC chili sauce, ABC syrup, and packaged beverage products under the Mr Jussie brand and ABC soy milk.
West Java Indicator of Economy