{
    "success": true,
    "data": {
        "id": 2048498,
        "msgid": "central-java-investment-reaches-rp72-54-trillion-creating-340-334-jobs-1792579936",
        "date": "2026-10-21 16:23:46",
        "title": "Central Java Investment Reaches Rp72.54 Trillion, Creating 340,334 Jobs",
        "author": "",
        "source": "DETIK",
        "tags": "",
        "topic": "Investment",
        "summary": "Central Java recorded Rp72.54 trillion in investment, comprising Rp31.77 trillion in domestic investment and Rp40.77 trillion in foreign investment, with 340,334 workers employed. Governor Ahmad Luthfi urged stronger collaboration between Semarang and surrounding regions to attract investment, while the provincial government expects 57 Vietnamese labour-intensive companies to establish operations in Central Java.",
        "content": "<p>The figure was disclosed when Central Java Governor Ahmad Luthfi\nopened the 19th Semarang Business Forum (Sembiz) 2026 at The Suri\nBallroom, Queen City Mall, Semarang, today.<\/p>\n<p>The Rp72.54 trillion total comprised Rp31.77 trillion in domestic\ninvestment and Rp40.77 trillion in foreign investment.<\/p>\n<p>The five areas with the highest investment realisation were Kendal\nRegency, at Rp13.61 trillion; Semarang City, Rp9.07 trillion; Batang\nRegency, Rp8.54 trillion; Temanggung Regency, Rp5.05 trillion; and Demak\nRegency, Rp4.29 trillion.<\/p>\n<p>Luthfi said regional economic development could not rely solely on\ngovernment budgets. Private investment and cooperation between regions\nwere needed to expand business activity and create jobs.<\/p>\n<p>\u201cThere are three crucial elements to this business forum. The first\nis tourism, the second trade, and the third investment. These are three\nlinks in a chain that cannot be separated,\u201d Luthfi said in a written\nstatement on Wednesday (21 October 2026).<\/p>\n<p>Luthfi therefore encouraged Semarang City to become a driver of\ninvestment and regional economic growth. Through collaboration with\nsurrounding areas, the potential of trade, tourism and investment could\nbe developed to create new economic centres.<\/p>\n<p>He said Semarang City was strategically positioned as a hub for\neconomic activity, able to connect the potential of nearby areas such as\nKendal, Demak, Grobogan and Salatiga. By dividing responsibilities and\nworking together, each area was expected to develop its strengths while\nsupporting one another in attracting investment.<\/p>\n<p>Luthfi said Central Java remained attractive to investors despite\nglobal economic challenges and fiscal constraints. In addition to a\nfavourable business climate, the province offered economic growth and a\ncompetitive workforce, particularly for labour-intensive industries.<\/p>\n<p>\u201cThere are 57 labour-intensive Vietnamese companies that will set up\nin our region. Vietnam\u2019s labour-intensive business model is similar to\nours, and they will open branches here,\u201d he said.<\/p>\n<p>Luthfi hoped business forums such as Sembiz would encourage other\nregencies and cities to showcase their investment, trade and tourism\npotential.<\/p>\n<p>\u201cSo what is this business forum for? To create new economies in each\narea,\u201d Luthfi added.<\/p>\n<p>Semarang Mayor Agustina Wilujeng Pramestuti said collaboration\nbetween regions was essential to investment development, as Semarang\nCity had limited land for large-scale industrial estates.<\/p>\n<p>For that reason, Semarang was being steered towards developing trade\nand services, while relying on support from neighbouring areas with\nindustrial potential and other resources.<\/p>\n<p>\u201cSemarang City cannot do this alone. The Semarang City Government\ncannot do this alone. So we invite all investors to join us in\ndeveloping businesses for the common good and progress,\u201d Agustina\nsaid.<\/p>\n<p>Agustina added that Sembiz, now held for the 19th time, provided a\nforum for connecting investors with business opportunities. The city\ngovernment was also continuing to review the results of previous events\nto ensure that partnerships were followed through.<\/p>\n<p>One opportunity on offer is the development of the Tinjomoyo tourism\narea while preserving its forest function. The project is expected to\ninvolve micro, small and medium-sized enterprises (MSMEs) and benefit\nlocal communities.<\/p>\n<p>Agustina said the government had a responsibility to ensure that\ninvestment not only benefited businesses, but also local communities and\nshared regional economic growth.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/central-java-investment-reaches-rp72-54-trillion-creating-340-334-jobs-1792579936",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}