West Java Investor Forum

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October 6, 2017
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In order to support the increasing investment opportunities in manufacturing, construction, agriculture and tourism in West Java Representative Office for West Java Province in cooperation with the Islamic Corporation for the Development of the Private Sector (ICD), as a part of the Islamic Development Bank (IDB) , and IDB Group Business Forum “THIQAH” arranged the West Java Investor Forum. Such forum was attended by approximately 100 potential investors from Middle East, ASEAN countries and several other IDB trading & investing partners served as a communication platform between Government of West Java and the investors.

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Elaboration of several investment projects in West Java, such as West Java International Airport in Majalengka Regency, Legok Nangka Waste Management in West Bandung Regency,and Cikembang Mini Hydro Power Plant in Sukabumi Regency were presented in this forum. This forum is an ideal place for investors, entrepreneurs and investment project owners to have an extensive and thorough discussion regardly each investment project.

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West Java Investor Forum (WJIF) is divided into 3 (three) major sections, namely business forum and business matching on October 6th, 2017 as well as field trips to West Java International Airport investment location (BIJB ) on October 7th, 2017. “DOING BUSINESS WITH WEST JAVA” became the theme of the first session which presented three speakers namely Himawan Hariyoga, as Deputy Head of Indonesia Investment Coordinating Board which presents Investment Opportunity in Indonesia, Wiwiek Sisto Widayat, Head of Bank Indonesia Representative Office of ¬†West Java Province describes Macroeconomic and Financial Conditions in West Java, and Dadang M. Masoem, Head of Investment Office and One Stop Integrated Service that presents Opportunity, Policy and Ease of Investment in West Java.

In the second session, WJIF presented the theme “INVESTMENT OPPORTUNITIES IN WEST JAVA” by presenting three speakers, the owner of BIJB investment project; Cikembang Mini Water Power Plant (PLTM); and Waste Management in Legok Jackfruit. After that, WJIF followed by business matching session which facilitates potential investors to meet directly and discuss with the owner of the investment project. There are 10 booths which contain data / information related to best investment projects in West Java including the railway development project (LRT Bandung Metropolitan Area and Tanjungsari-Kertajati-Arjawinangun railway line), international port development project (Cirebon port and Halal Hub Logistics), airport development project (West Java-BIJB International Airport and Nusawiru Airport in Pangandaran), Industrial Area (Bekasi Industrial Area and Industrial Area of Suryacipta City) and several other development projects such as Cirebon Raya Clean Water Supply, Legok Nangka Solid Waste Treatment and Disposal, Cikembang Mini Water Power Plant (PTLM) and Tourism Area (Hotel, Restaurant and other supporting facilities) at Geopark Ciletuh. In addition, there is also booth of West Java UMKM best product such as local tea products (Mimi Tea and Tea Walini) and local coffee (Gunung Puntang) with export quality.

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On the following day, potential investors follow a visit in Majalengka Regency toreview the progress and development situation of BIJB and the aerocity sections that still require investment. A two days event series is expected to develop investment project of West Java and encourage economic growth of West Java significantly.

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