Central Java Governor Ahmad Luthfi Offers Investment Opportunities to Chinese Entrepreneurs
Central Java Governor Ahmad Luthfi is intensifying efforts to promote the investment potential of his province to both domestic and foreign investors. This initiative was demonstrated during a dinner hosted for the China-Indonesia Political and Business Leaders Exchange, held as part of the 12th DBA Entrepreneur Scholar programme by the Cheung Kong Graduate School of Business (CKGSB) at the Grand Hyatt Jakarta on Friday (22/05/2026).
The event was attended by dozens of Chinese entrepreneurs who have already established investments across various strategic industrial sectors in Indonesia. During the session, Ahmad Luthfi invited these entrepreneurs to visit Central Java directly to explore the province’s expanding investment landscape.
“We are opening our doors as wide as possible for investors to invest in Central Java,” Luthting stated. He reported that investment realisation in Central Java throughout 2025 reached IDR 110.02 trillion, comprising Foreign Direct Investment (FDI) of IDR 50.86 trillion, Domestic Direct Investment (DDI) of IDR 37.64 trillion, and Micro, Small, and Medium Enterprises (MSME) investment of IDR 21.52 trillion. Furthermore, in the first quarter of 2026, investment achievements reached IDR 23.02 trillion, with economic growth hitting 5.89 per cent.
According to Luthfi, Central Java currently possesses approximately seven industrial and special economic zones spread across various regencies and cities. Additionally, 12 other regions are preparing new industrial and special economic zones to support economic equality and enhance investment attractiveness. He noted that China remains one of the highest sources of investment in Central Java, with a value of approximately IDR 10.13 trillion.
During the forum, Luthfi also highlighted Central Java’s commitment to developing renewable energy (RE) and waste-to-energy management. He identified at least seven potential projects ready for investors, ranging from solar power plants (PLTS), micro-hydro, biogas, biomass, and swamp gas to waste-to-energy and geothermal energy.
“We are offering wide opportunities for waste processing investment in Central Java, which will assist us in the development of renewable energy,” he said.
Cu Longhua, CEO of PT WOOK Global Technology, remarked that such meetings between Indonesian and Chinese entrepreneurs should be expanded to unlock massive cross-sector collaboration opportunities. He noted that the participating companies offer high-quality industrial resources compatible with Indonesia, including ecological protection, solid waste management, mine restoration, new energy, digital technology, high-end manufacturing, and modern agriculture. “Currently, President Prabowo is enthusiastically promoting the conversion of waste into electricity. We are a leading company in that industry in China,” he added.
Similarly, Benjamin Pan, CEO of PT AAC Technologies Holding, stated that Indonesia, and Central Java in particular, holds great prospects as an investment destination. “As one of the largest economies in Southeast Asia, Indonesia offers a vast market, an excellent development environment, and immense growth potential. We see limitless possibilities for collaboration,” he said.