REPUBLIKA.CO.ID, BANDUNG -- Regional Coordinating Promotion and Investment Board (BKPPMD) West Java was targeting investment this year of Rp 102 billion. The target increased compared to 2015 as much as Rp 95 billion.

"Alhamdulillah, last year's investment target of Rp 95 billion reached Rp 108 billion, exceeding the target. So this year we are targeting Rp 102 billion," said Secretary of BKPPMD West Java, Setiabudi Ibrahim, Monday (4/1).

According to Setiabudi, although realization of investment in West Java last year was exceeded the target, but the number of applicants has decreased. In 2014 there were 30 thousand who apply for investment license, but in 2015 now there were only 21 thousand applicants.

Setiabudi said, decreased number of applicant's investment in West Java in 2015 was because of permits in transport sector. There was new rule that applying such permission should be done by business entity, not an individual.

Meanwhile, Vice Governor of West Java Deddy Mizwar stated that the decline in number of applicant investment in West Java in 2015 should not be serious issue.

"That's okay if the number of applicant decreased, the most important is the amount of investment increased," said Deddy.

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