Indonesian Political, Business & Finance News

Gresik Regency Government Offers Five Strategic Investment Projects

| Source: ANTARA_ID Translated from Indonesian | Investment
Gresik Regency Government Offers Five Strategic Investment Projects
Image: ANTARA_ID

The Gresik Regency Government in East Java is offering five strategic investment projects to investors through ‘The 1st Gresik Business Forum’, as part of an effort to strengthen the region’s position as an investment destination in East Java.

Head of the Gresik Regency Investment and One-Stop Integrated Services Office (DPMPTSP), Reza Pahlevi, stated that the forum serves as a strategic platform for collaboration between the government and the business community to attract sustainable investment. “We want this forum to be a strategic vehicle for attracting investment while strengthening the brand image that Gresik is an attractive investment destination,” he said in Gresik on Thursday.

The five projects on offer include a copper processing industry producing copper rod, wire, and tube valued at approximately IDR 17.19 trillion, an agricultural tools and machinery industry worth around IDR 784.83 billion, a tin downstream industry valued at approximately IDR 1.17 trillion, a pharmaceutical industry worth around IDR 707.95 billion, and a value-added fish processing unit valued at approximately IDR 514.75 billion.

Gresik Regent Fandi Akhmad Yani emphasised that investment in Gresik is directed not only at project development but also at fostering partnerships with the community through job creation, strengthening micro, small, and medium enterprises (MSMEs), and improving the quality of human resources.

The forum, attended by around 100 participants from business circles, industrial estates, banking, academia, and regional agencies, also discussed issues related to spatial planning, employment, and regional investment policy.

During the event, the Gresik Regency Government also presented awards to several companies for their contributions to regional investment realisation. PT Berkah Kawasan Sejahtera was recognised as the largest investment contributor in an industrial estate with a realisation of approximately IDR 81.19 billion, while PT Gajah Putera Antariaga was awarded as the largest investment contributor in the medium-scale business sector with a realisation of approximately IDR 24.9 billion.

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