Malaysian Investor Targets Multiple Sectors for Investment in Central Java

Semarang, Central Java (ANTARA) - Kuala Lumpur-based investor, The Marq International SDN BHD, plans to inject investment into various sectors, including renewable energy, geothermal, agriculture, and infrastructure in Central Java.

Central Java Governor Ahmad Luthfi, speaking in Semarang on Monday, expressed his appreciation for the company’s investment plans in the region. He conveyed this during an audience with The Marq and the technical team from Jakarta Consultant Group.

He emphasised that the Central Java Provincial Government supports all incoming investments, whether from domestic or foreign investors. This support is manifested through simplified licensing processes, regional stability, industrial zones, and an available workforce.

During the meeting, Luthfi, accompanied by directors of several Regional Owned Enterprises (BUMD), presented various investment opportunities available in Central Java. For instance, in the renewable energy sector, PT JPEN, a BUMD owned by the Central Java Provincial Government, is currently focusing on the utilisation of CNG as an alternative to LPG.

Similarly, JTAB is offering opportunities in agribusiness and agrotourism development in Central Java, while PT PRPP is proposing a more comprehensive development of the PRPP area. Furthermore, in the infrastructure sector, the Governor highlighted the potential for developing the Tanjung Emas Port in Semarang, as well as Dry Ports in Batang and Kendal, to support logistics for industrial and special economic zones.

“For the tourism sector, we have one thousand tourism villages and tourism agglomerations. Additionally, we are working towards the development of Muslim-friendly tourism,” he said.

Meanwhile, the CEO of Marq International SDN BHD, Steven Wei, expressed his gratitude for the warm welcome from Governor Ahmad Luthfi. He noted that Central Java is a highly open destination for investors.

“I am pleased because the Governor is very supportive of establishing cooperation. Not only with Malaysia, but also with China, Korea, and other countries connected to us. This is the right time to invest in Central Java,” he stated.