Khofifah Pushes for Quality Investment in East Java, Accelerates Industrial Estate Development
East Java Governor Khofifah Indar Parawansa has stressed that accelerating investment in the province must go hand in hand with strengthening food security, enhancing regional competitiveness, and improving public welfare to drive sustainable economic growth. The affirmation was delivered during a High-Level Meeting (HLM) of the Investment Forum, the Regional Economic Growth Acceleration Team (TP2ED), and the Regional Financial Access Acceleration Team (TPAKD) at the Grahadi State Building in Surabaya on Thursday. According to Khofifah, the strategy must be supported by accelerating the resolution of issues related to Sustainable Food Agricultural Land (LP2B), Raw Rice Field Land (LBS), and Protected Rice Field Land (LSD), synchronising spatial planning, developing industrial estates, strengthening Investment Project Ready to Offer (IPRO) schemes, and resolving various investment barriers. Meanwhile, the Head of Bank Indonesia’s East Java Representative Office, Ibrahim, stated that investment is a primary driver of regional economic growth as well as a foundation for job creation, productivity enhancement, and public welfare. Amid increasing global dynamics and uncertainty, he noted that inter-agency synergy is key to creating a conducive investment climate, a condition that supported East Java’s economic performance which grew 5.96% year-on-year in the first quarter of 2026 with inflation remaining under control. Ibrahim assessed the forum as a strategic coordination platform to strengthen collaboration in promoting quality investment, accelerating regional economic transformation, and improving public welfare. ‘Investors are not looking for a perfect region. They are looking for a region that is responsive, collaborative, and has a strong commitment to continuous improvement. East Java possesses that capital. Our challenge going forward is to present quality investment that creates added value, opens employment opportunities, strengthens downstream industries, and drives sustainable economic growth,’ he said. Head of the East Java Investment and One-Stop Integrated Services Office, Dyah Wahyu Ermawati, said integrating the Investment Forum, TP2ED, and TPAKD is a strategic step to strengthen cross-sector coordination in preparing Investment Project Ready to Offer (IPRO) projects, accelerating industrial estate development, and enhancing East Java’s investment competitiveness. Acting Head of the OJK East Java Office, Horas V. M. Tarihoran, added that expanding financing access through the financial services sector is an important factor in supporting investment, MSME development, and increasing financial inclusion in the region. Meanwhile, BPS Deputy for Social Statistics, M. Nashrul Wajdi, said the 2026 Economic Census will produce a more comprehensive economic database as a foundation for identifying investment potential, financing, and the direction of regional economic development.