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Minggu, 05 Mei 2024

Promoting Regional Entrepreneurship, Ministry of Investment and Downstream Industry Collaborates with Surakarta City Government

Surakarta, May 5, 2024 – The Ministry of Investment and Downstream Industry/BKPM has partnered with the Surakarta City Government to enhance regional investment development through the 10th Solo Great Sale (SGS), which was inaugurated this morning (5/5) at Ngarsopuro, Surakarta City, Central Java. The event was attended by the Secretary of the Ministry/Chief Secretary of the Ministry of Investment and Downstream Industry/BKPM, Ikmal Lukman, Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Arsjad Rasjid, and Deputy Mayor of Surakarta, Teguh Prakosa.

Ikmal Lukman expressed his appreciation for the Surakarta City Government’s initiative in organizing SGS. He stated that the event has the potential to drive economic growth in Surakarta City by opening new investment opportunities, enhancing investment attractiveness, and fostering collaboration between the government, entrepreneurs, and the public.


“This event creates a platform for investors to discover promising business opportunities in Surakarta City,” said Ikmal.


Deputy Mayor of Surakarta, Teguh Prakosa, expressed hope that SGS would attract investments to Surakarta and have a significant impact on the Central Java Province. He also emphasized that the Surakarta City Government will continue to build an investment agglomeration in Surakarta to support economic development in Central Java.


“Let us maintain Solo Raya, Surakarta City, and even Central Java Province as we prepare these regions to welcome investments, ultimately benefiting the people of Surakarta and Indonesia as a whole,” said Teguh.


Chairman of Kadin Indonesia, Arsjad Rasjid, voiced his support for Kadin Surakarta in developing an entrepreneurial platform in collaboration with both central and regional governments. He highlighted that the event contributes to post-pandemic economic recovery by supporting regional entrepreneurs and Micro, Small, and Medium Enterprises (MSMEs) in Surakarta.


“Kadin remains committed to collaborating with the government to enhance the business sector, unlocking regional potential, and fostering MSME business agglomeration in Solo,” Arsjad affirmed.


This year’s Solo Great Sale adopts the theme “Grebeg Investasi” (Investment Festival) to encourage both local and foreign investment in Central Java, particularly in Surakarta City. Since 2015, SGS has consistently achieved its entrepreneurial development targets, with a notable milestone in 2019, reaching IDR 2.9 trillion in economic impact. It is expected to further advance both local and national economies.


According to data from the Ministry of Investment and Downstream Industry/BKPM, investment realization in Surakarta City in 2023 reached IDR 917.7 billion, with the largest sectors being Other Services (IDR 417.2 billion); Hotels and Restaurants (IDR 163.2 billion); and Transportation, Warehousing, and Telecommunications (IDR 105.5 billion). Meanwhile, in the first quarter of 2024, investment realization in Surakarta City stood at IDR 434.0 billion.


For further information, please contact:

Ricky Kusmayadi

Head of Communications and Information Services Bureau

Ministry of Investment and Downstream Industry/BKPM

E-mail: rickykusmayadi@bkpm.go.id

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