Indonesian Political, Business & Finance News

Ahmad Luthfi Offers Renewable Energy-Agriculture Investment Projects at CJIBF 2026

| Source: DETIK Translated from Indonesian | Investment
Ahmad Luthfi Offers Renewable Energy-Agriculture Investment Projects at CJIBF 2026
Image: DETIK

The 2026 CJIBF was officially opened by Central Java Governor Ahmad Luthfi, alongside Deputy Minister of Investment and Downstreaming Todotua Pasaribu and Bank Indonesia Deputy Governor Aida S Budiman at the Ballroom of Hotel PO in Semarang on Monday (11/5/2026).

The forum was attended by investors from various countries, ambassadors, business associations, and regency/city governments.

“CJIBF has now been held for the tenth time (in collaboration with the Bank Indonesia Central Java Representative). We use it for business matching (business meetings) between entrepreneurs and the government, partners, and so on, including with managers of industrial zones and special economic zones in our region,” said Luthfi in his statement on Monday (11/5/2026).

Luthfi emphasised that the Central Java Provincial Government will continue to promote investment growth, as the sector makes a significant contribution to the regional economy.

In the first quarter of 2026, investment realisation in Central Java reached Rp23.02 trillion, absorbing 92,000 workers. Meanwhile, throughout 2025, the province’s investment achievement reached Rp110 trillion.

The high investment figures have also boosted Central Java’s economic growth in the first quarter of 2026 to 5.89%, higher than the national average of 5.61%.

“This means that to boost the economy in our region, forums like this are needed,” he explained.

To support the influx of new investments, the Central Java Provincial Government has also prepared around 12 new industrial zones and special economic zones. This step is carried out through collaboration between the provincial government and regency/city governments in Central Java.

“We are preparing 12 industrial zones and special economic zones. Therefore, we request guidance from the central government so that it can be expedited,” he stated.

On the other hand, Deputy Minister of Investment and Downstreaming or Deputy Head of BKPM RI Todotua Pasaribu said that Central Java is one of the important regions for national investment growth. According to him, Central Java’s investment achievements throughout 2025 to the first quarter of 2026 are among the highest nationally.

“Economic growth is actually 30% contributed by investment realisation. Today, CJIBF initiated by the Central Java Provincial Government and Bank Indonesia is expected to maintain this investment realisation growth figure,” said Todotua.

According to Todotua, CJIBF not only promotes increased investment but also creates a business ecosystem capable of strengthening synergies between large industries and SMEs.

He also appreciated the Central Java Provincial Government’s step in preparing 12 new industrial zones and special economic zones. According to him, Central Java’s vast potential needs to be supported by broader industrial zone development.

“We are also promoting this interline logistics strategy for infrastructure development towards industry. This is a major challenge for Central Java to add industrial zones. If there are industrial zones, permitting will be easier and faster,” he said.

As information, CJIBF 2026 features a series of activities, from talkshows themed Empowering Green and Sustainable Growth: Unlocking Investment Opportunities in Central Java’s Leading, project showcasing, one-on-one meetings, to direct visits to flagship investment project locations.

View JSON | Print