The West Java regional government offers around 209 investment projects with a value around Rp700 trillion (US$50 billion), said the governor in an official statement released on Friday (06/26) - Photo by the Governor Office

JAKARTA (TheInsiderStories) – The West Java regional government offers around 209 investment projects with a value around Rp700 trillion (US$50 billion), said the governor in an official statement released on Friday (06/26). Ridwan Kamil explained that the projects offered were mostly related to infrastructure, ranging from Light Rail Transit (LRT) to residential projects.

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

The regional government applies 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.

Beside, West Java also opened the door to investment in the industrial sectors. His office has prepared 11 cities with a new high technology zone that have high-tech zones for industry, such as Patimban Port in Subang, Aerocity in Kertajati Majalengka Airport, Rebana Triangle areas in Cirebon – Subang – Majalengka ), and Ciayumajakuning (Cirebon – Indramayu – Majalengka – Kuningan).

Last year, West Java regional government offers an investment package of Rp113 trillion to the United Arab Emirates (UAE) investors. The package is the development of the new city in the north of West Java or Cirebon – Patimban – Kertajati (Rebana).

Kang Emil said that the UAE investment will give a meaningful impact on industry sustainability in West Java because the future of the province will be in the Rebana zone, centered in Majalengka. He claimed Rebana has the strength that different from other economies and industrial zones. The zone is nearby Patimban Port and West Java International Airport, Kertajati, also designed with a futuristic style.

He also proposed the Cileunyi – Garut – Tasik (Cigatas) toll road project of Rp50 trillion and other projects to UAE investors. Moreover, there will be a project in energy and mining which be offered to UAE.

Kang Emil stated, in 2019, the investment values went to West Java reached Rp137.5 trillion. In details From South Korea’s Hyundai Motor Corp., worth of Rp 40 trillion, petrochemicals firm from Taiwan entered more than Rp100 trillion, then United States-base Amazon Web Service made “The data center is also in the tens of trillions.

US$1=Rp14,000

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