East Java Deputy Governor Promotes Investment at Tokyo Forum, Says Trip Not Funded by Regional Budget
Surabaya — East Java Deputy Governor Emil Elestianto Dardak served as one of the speakers at the Indonesia Investment, Economic, and Regulatory Outlook forum in Tokyo. Emil affirmed that his visit to Japan was not funded by the regional budget (APBD).
"This trip does not burden the APBD as, being an invited speaker, travel tickets and accommodation were covered by the forum organisers," Emil said in a statement received on Tuesday (27/5/2025).
Emil explained that the investment forum, organised by Atsumi & Sakai, was also attended by Indonesian Ambassador to Japan Heri Akhmadi, a senior adviser to BKPM (the Investment Coordinating Board), a deputy of the Coordinating Ministry for Economic Affairs, and speakers from the international finance and banking sector, including MUFG, SBI Holdings, and PayTM.
He stressed the importance of safeguarding Japanese investment amid global economic turbulence.
"It was an honour for us to have the opportunity to present East Java's investment potential at the Indonesia Investment, Economic and Regulatory Outlook 2025 forum in Tokyo, alongside speakers representing relevant ministries, institutions, and international financial and banking organisations," Emil said.
Emil noted that amid the dynamics and challenges of the global economy, Japanese investment ranks fourth in East Java on a cumulative basis according to data from 2010 to 2025.
"Investment from various countries and domestically in East Java overall during 2019–2023 increased threefold, from Rp51.2 trillion in 2018 to Rp145.1 trillion in 2023, making it a significant contributor to economic growth and job creation," he emphasised.
Emil described the forum as a rare opportunity, as he was able to meet with all investors in Japan, including Itochu, which has invested in the fisheries and coffee industries; Mitsui, which has invested in the processed food retail industry; Riken NPR Corp, which has invested in automotive component manufacturing; and several other investors with interests in renewable energy, chemicals and minerals, and the trade sector.
"We continue to oversee ongoing investments and will keep developing them, as this is crucial for maintaining job provision in East Java," he stressed.
Before returning to Indonesia, Deputy Governor Emil was set to continue his agenda over the following two days to meet the Deputy Governor of Osaka, East Java's Sister Province partner for 41 years since 1984.
"There, we will present Japanese investment potential at the Indonesia Business Forum at the Osaka World Expo, as East Java has been selected by the central government as the representing province," he said.
"We will also visit Yamaha as a gesture of appreciation for their commitment to maintaining business continuity in East Java," he concluded.
"This trip does not burden the APBD as, being an invited speaker, travel tickets and accommodation were covered by the forum organisers," Emil said in a statement received on Tuesday (27/5/2025).
Emil explained that the investment forum, organised by Atsumi & Sakai, was also attended by Indonesian Ambassador to Japan Heri Akhmadi, a senior adviser to BKPM (the Investment Coordinating Board), a deputy of the Coordinating Ministry for Economic Affairs, and speakers from the international finance and banking sector, including MUFG, SBI Holdings, and PayTM.
He stressed the importance of safeguarding Japanese investment amid global economic turbulence.
"It was an honour for us to have the opportunity to present East Java's investment potential at the Indonesia Investment, Economic and Regulatory Outlook 2025 forum in Tokyo, alongside speakers representing relevant ministries, institutions, and international financial and banking organisations," Emil said.
Emil noted that amid the dynamics and challenges of the global economy, Japanese investment ranks fourth in East Java on a cumulative basis according to data from 2010 to 2025.
"Investment from various countries and domestically in East Java overall during 2019–2023 increased threefold, from Rp51.2 trillion in 2018 to Rp145.1 trillion in 2023, making it a significant contributor to economic growth and job creation," he emphasised.
Emil described the forum as a rare opportunity, as he was able to meet with all investors in Japan, including Itochu, which has invested in the fisheries and coffee industries; Mitsui, which has invested in the processed food retail industry; Riken NPR Corp, which has invested in automotive component manufacturing; and several other investors with interests in renewable energy, chemicals and minerals, and the trade sector.
"We continue to oversee ongoing investments and will keep developing them, as this is crucial for maintaining job provision in East Java," he stressed.
Before returning to Indonesia, Deputy Governor Emil was set to continue his agenda over the following two days to meet the Deputy Governor of Osaka, East Java's Sister Province partner for 41 years since 1984.
"There, we will present Japanese investment potential at the Indonesia Business Forum at the Osaka World Expo, as East Java has been selected by the central government as the representing province," he said.
"We will also visit Yamaha as a gesture of appreciation for their commitment to maintaining business continuity in East Java," he concluded.