The company owned by the world' richest man, Jeff Bezos, Amazon.com Inc., (NASDAQ: AMZN), plans to invest up to US$2.5 billion - Photo by the Company

JAKARTA (TheInsiderStories) - The company owned by the world’ richest man, Jeff Bezos, Amazon Inc., (NASDAQ: AMZN), plans to invest up to Rp40 trillion (US$2.85 billion), said West Java’ governor on Monday (11/16). The tech firm plans to build three data centers in Indonesia starting 2021.

“I am happy to report to you that Amazon, one of the largest digital companies in the world has invested around Rp30 trillion to Rp 40 trillion. I am proud that West Java is a backbone data center that can become a digital company in ASEAN,” said Ridwan Kamil at the West Java Investment Summit 2020 event today (11/16).

In the meeting with President Joko Widodo in 2018, Amazon has announced to invest in Indonesia for ten years period. The company also plan to introduce its cloud computing business Amazon Web Services to the Indonesian market.

Indonesia is the second country in Southeast Asia to be the target of the company’ business expansion, after Singapore. Previously, the e-commerce player stated that it plans to target the potential of 600 million consumers in Southeast Asia, and is ready to compete with other e-commerce players such as China’ Alibaba Group and South Korea’ Lotte Group.

Investments “Rebana”

Kang Emil also said that his party was inviting foreign investors to develop 13 new cities in the Rebana areas. Rebana Metropolitan is the northern and northeastern region of West Java province, which included Sumedang, Majalengka, Cirebon, Subang, Indramayu, and Kuningan, and Cirebon.

The population in this areas is 9.28 million or around 18.82 percent of the total 49.3 million’ West Java residents. As the heart of the region’ growth, there are Patimban Port in the Subang and West Java International Airport Kertajati (BIJB) in Majalengka which functions as a center for connectivity and logistics.

In the future, Rebana is projected to be the economic growth’ engine of West Java through the development of an integrated, innovative, collaborative, highly competitive and sustainable industrial area. Currently, existing infrastructure support in the Rebana Metropolitan area included Cikopo - Palimanan and Palimanan - Kanci toll roads, Cikampek - Cirebon railway, Balongan Port, Cirebon and Patimban (Phase I), BIJB Kertajati, also the Subang, Indramayu and Cirebon terminals.

Energy are also available, including through dams in Cipancuh, Jatigede, and Setupatok, Balongan oil refineries, geothermal in Ciremai, Jatigede hydro power, to gas-base power plant in Indramayu. To support the development of Rebana, various infrastructure projects are also underway and planned to be built, including Phase II Patimban Port, Cileunyi - Sumedang - Dawuan Toll Road, Patimban access toll road, Kertajati toll road, Rancaekek - Kertajati rail reactivation, Cirebon Raya Light Rapid Transit (LRT), Jatigede SPAM, and TPPAS Cirebon Raya.

“The Rebana area has also become one of the seven new economies in West Java,” said Kamil.

In May, The West Java regional government offers around 209 investment projects with a value around Rp700 trillion. He explained that the projects offered were mostly related to infrastructure, ranging from LRT to residential projects.

“There are 60 transportation projects, 36 water projects, 30 residential and housing projects, 21 LRT projects, and others,” explained Kang Emil.

The regional government used the public private partnerships (PPP) cooperation scheme in these projects. He gave an example, there are several projects that are ready to be carried out with the PPP concept like waste to energy with total investment Rp100 trillion, water treatment plants, also Bandung Raya LRT.

US$1: Rp14,000

Written by Editorial Staff, Email: theinsiderstories@gmail.com