Semarang (ANTARA) \u2013 The Central Java Provincial Government said\ninvestment in the province had reached Rp72.54 trillion through the\nthird quarter of 2026, absorbing at least 340,334 workers across 82,420\nprojects.<\/p>\n
Central Java Governor Ahmad Luthfi said in Semarang on Wednesday that\nregional economic development could not rely solely on government\nbudgets.<\/p>\n
He said private investment and cooperation between regions were\nneeded to expand business activity and create jobs.<\/p>\n
He made the remarks while opening the 19th Semarang Business Forum\n(Sembiz) 2026 at The Suri Ballroom in Queen City Mall, Semarang.<\/p>\n
\u201cThis business forum has three crucial elements: tourism, trade and\ninvestment. These are three links in a chain that cannot be separated,\u201d\nhe said.<\/p>\n
He therefore encouraged Semarang to become a driving force for\ninvestment and regional economic growth.<\/p>\n
Through collaboration with neighbouring areas, he said, the potential\nof trade, tourism and investment could be developed to create new\neconomic centres.<\/p>\n
He said Semarang had a strategic position as an economic hub\nconnecting the potential of surrounding areas, including Kendal, Demak,\nGrobogan and Salatiga.<\/p>\n
Through a division of roles and cooperation, each area was expected\nto develop its strengths while supporting the others in attracting\ninvestment.<\/p>\n
He said Central Java remained attractive to investors amid global\neconomic challenges and fiscal constraints, thanks to a conducive\nbusiness climate, economic growth and a competitive workforce,\nparticularly for labour-intensive industries.<\/p>\n
\u201cFifty-seven labour-intensive companies from Vietnam will set up in\nour region. Vietnam\u2019s labour-intensive business model is similar to\nours, and they will open branches here,\u201d he said.<\/p>\n
Semarang Mayor Agustina Wilujeng Pramestuti said cooperation between\nregions was essential to developing investment, as the city had limited\nland for large-scale industrial estates.<\/p>\n
She said Semarang was therefore focusing more on trade and services,\nwhile relying on support from surrounding areas with industrial\npotential and other resources.<\/p>\n
\u201cSemarang cannot do it alone. The Semarang City Government cannot do\nit alone. We invite all investors to work with us to develop businesses\nfor the common good and progress,\u201d she said.<\/p>\n
She said Sembiz, now held for the 19th time, provided a platform for\nconnecting investors with business opportunities. These included\ndeveloping the Tinjomoyo tourism area while preserving its forest\nfunction.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/central-java-government-says-investment-has-absorbed-340-334-workers-1792583679", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }