10 Reasons to Invest in the City of Surakarta

Please understand that the Surakarta or Solo in here referring to the area of Soloraya (Karesidenan Surakarta) once ruled by Kasunanan Surakarta and Praja Mangkunegaran. While the city of Surakarta, became the center of it all. The city though small (only has an area of 44 km2) but is one of the 10 metropolitan cities in Indonesia. So, what is a Soloraya?

The term Soloraya was indeed created to replace the term Subosukawonosraten. Subosukowonosraten is the abbreviation of incorporated of kingdom areas (Surakarta, Boyolali, Sukoharjo, Karanganyar, Wonogiri, Sragen and Klaten), which has an area of 5.677 square km and 6,1 million people.

Soloraya has a slogan of Solo Spirit of Java. With the slogan, Soloraya want to re-establish the spirit of Adi Luhung of Javanese culture in regional development.

1. The city the birthplace of President Jokowi is indeed amazing. Claimed to be the one of most competitive city in the Indonesia, Soloraya is a financial hub with unbeatable transport links such as airport, train, bus, roads and toll road. Overall, the infrastructure facilities in this city are already more than enough.

2. New and exciting regeneration plans for residential, commercial and retail space will further improve this strong and thriving city and the Soloraya is in the centre of it all. So what are the key reasons as to why you should invest in the Soloraya?

There are always initiatives in all economic areas requiring investment in Soloraya and represents a great opportunity for a future city. The success of these projects is often secured by this atmosphere of prosperity and for all the reasons on this list.

3. The branch offices of some of the biggest banks are located in the Soloraya such as Bank Central Asia and Bank Mandiri, making Soloraya an economically safe place to live and invest.

Just FYI, Surakarta is a city with the most skyscrapers in the Central Java and Yogyakarta.

4. Industrial and services sector city: Soloraya is a region of industrial tradition, which focuses on production for centuries, most recently focused on the service sector, but always with great economic activity.

The cheap and skilled labors (includes the cheapest in Indonesia) also became a factor a lot of  companies in Jakarta and surrounding areas, especially textile and automotive sectors that moving their factories to Soloraya.

5. The economy in Soloraya predicted to increase at a rate faster than other cities in Indonesia. This means that there will be many business opportunities available for those who wish to bring their knowledge and experience to the region.

6. Property prices have risen at a rate faster than any other region in the Central Java in the last decade. Rents are rising at a faster rate than house prices. The city of Surakarta offers investors the opportunity to buy luxury property.

7. Outstanding investment schemes have been put into place regarding transport such as train, which will drastically improve the connectivity of the city and will help to increase property price in the region and across the capital. Solo Balapan is one of the stations that will benefit greatly from this renovation with new entrances to the station and ticket offices also opening in Purwosari.

8. Tourism is a fundamental aspect that contributes towards the economy; the Soloraya is where many of great attractions such as Kasunanan Palace and the Mangkunegaran Palace are situated.

Read: Top 34 most interesting destinations in Solo/Surakarta, Karanganyar and surrounding areas

The “Solo” brand. When a business includes the word Surakarta 'The City of Culture', either way, it takes a value in itself. This indicates that this city, rather than being just a city on the map, it becomes a brand or add value to your enterprise or your investment

9. The city of Surakarta has the advantage of being home to many attractive and popular markets such as Pasar Gede and Triwindu Market, which was in fact the setting for many film settings.

Read: The 21 Best Indonesia's Solo Food & Drink Tours Worth Traveling For

10. Investing in the city is a great opportunity to be close to some of the best universities in the world such as Sebelas Maret University. This is an attractive feature for overseas investors in particular to immerse their children in the rich historical culture that London has to offer as well as giving them the chance to be educated at such prestigious establishments.

The quality of life of Surakarta makes many people want to live in it, including the most skilled workers, that also are attracted to prestigious universities for their careers and masters.

To set-up a business or factory in Soloraya or Surakarta, please contact:

Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (DPMPTSP) Central Java

• Address: Jl. Mgr Soegiyopronoto No.1, Pendrikan Kidul, Semarang Tengah, Kota Semarang, Central Java  50131
• Phone: (024) - 3547091
• Website: http://dpmptsp.jatengprov.go.id

Or,

The Indonesia Investment Coordinating Board (BKPM) Surakarta

(Badan Penanaman Modal dan Perijinan Terpadu Pemerintah Kota Surakarta)

• Address: Komplek Balaikota, JL. Jenderal Sudirman, No. 2, Kp. Baru, Ps. Kliwon, Kota Surakarta, Central Java 57133
• Phone: (0271) - 642020/653693
• Website: http://ptsp.bkpm.go.id/ptsp2014/index.php?r=profilptsp/view&id_ptsp=120

First Phase Colomadu Superblock to Begin!

The ex-sugar factory Colomadu (PG Colomadu) will be developed into an international cultural heritage. The Government District of Karanganyar will make Colomadu as the central area of modernization and new tourist destination. "In addition it is also the center of goods and services, trade, space industry," said Regent Karanganyar, Juliyatmono, Sunday (9/4/2017).

With regard to the plan, State-Owned Enterprises Minister Rini Soemarno visiting and doing groudbreaking the first stone in the ex-PG Colomadu 19.7 hectare, which stands on the land of PTPN IX, Saturday (4/8/2017).

State-Owned Enterprises Minister Rini Soemarno optimistic after revitalized, an ex-sugar factory (PG) Colomadu became a cultural center in Central Java, even capable of bringing international musicians. "I target the revitalization phase 1 completed at the end of the year 2017. Other targets, in January 2018 there are international musicians performing in PG Colomadu so that this area is known to the world. Later, the convention hall built capable of accommodating at least 3,000 people, " said the State-Owned Enterprises Minister Rini Sumarno..

For the first step, further Rini, value investing in land of approximately 20 hectares of it amounting to Rp 75 billion. The financing is borne by a number of State-Owned Enterprises collectively. Because it includes objects of cultural heritage, emphasizing the revitalization does not change the character of the building including putting in place production machines. Construction of that part of the preservation of the sugar mill built in 1861.

So that attract tourists, both domestic and foreign tourists, machines that exist in the ex-PG Colomadu will be styled. Theme that is carried in the utilization of ex-Colomadu PG are Innovation, Expression, and Games. The building will be equipped showroom, apartments, malls, medical facilities, convention hall, outdoor sitting area, gift center, heritage gallery, souvenir shops, shopping arcade, restaurant, parking, garden, amusement park, cafes and filming location. Total investment is estimated at 4.2 - 10 trillion rupiah (USD 315 -752 million). Entrepreneurs both large and small companies can put forth a proposal to invest in this mega project. That makes it interesting is the location which is just 7 km from Jokowi's house.

"I also ask the revitalization not only stopped on the improvement of the building's heritage, but also its utilization must be clarified," Rini added. The mega project would show the importance of the exhibition space requirements by accentuating the nuances of the industry in the past. Her dream to Colomadu actually, how could be the center of art and culture of Central Java.

The development of the ex-sugar factory this involves State-Owned Enterprises consortium and  formed a joint venture, namely PT Colomadu Synergy.

Treaty of establishment of the consortium of PT Colomadu Synergy has been signed by the Director of planning and development of PT PP (Persero) Tbk, President Director of PT PP Property Tbk, President Director of PT TWC Borobudur Prambanan Ratu Boko (Persero), President Director of Jasa Marga property, Director of the Patra Jasa, and President Director of PT KAI (Persero),

The consortium of PT Colomadu Synergy lead by PT PP Construction & Investment.

Promote Top Products Of Karanganyar Regency

See that potential, Karanganyar District Government intends to include top products from small and  medium enterprises in exhibition space. Karanganyar district proposed placement of showroom quality local product exports, such as batik fashion and wood crafts from small and  medium enterprises.

"Export-quality products will be on display there. In Karanganyar, we also have that kind of products. We will offer to the exporters of the product in the New Colomadu showroom display later,"said Juliyatmono, Regent of Karanganyar. Juliyatmono believe could boost the welfare of the local craftsmen. Obviously, the SME must standardize their products to match the quality of exports.

Groundbreaking By Rini Soemarno

Inside Heritage Gallery

Commercial Plaza

Heritage Commercial Walk

Bekas pabrik gula Colomadu akan dijadikan pusat budaya dan ekonomi kreatif

Revitalisasi PG Colomadu Digarap 4 Tahap Dimulai Akhir 2016 dan Selesai Tahun 2028. Pembangunannya Sangat Luas Mencakup Hotel, Mal, Apartement, Ruko, Pusat Budaya, Pusat Ekonomi Kreatif, Tur Agrowisata dan Pameran Internasional.

Rencana revitalisasi Pabrik Gula (PG) Colomadu akan dimulai akhir tahun ini. Dana revitalisasi akan dikucurkan oleh Badan Usaha Milik Negara (BUMN). Pihak swasta juga kemungkinan diberi kesempatan untuk berperan serta.

Menurut Sekretaris Daerah Pemkab Karanganyar, Samsi, saat ditemui di ruangannya Selasa (19/7) mengatakan pengerjaan proyek revitalisasi PG Colomadu akan diawali dengan ground breaking tahap I yang berlangsung pada akhir 2016. Diperkirakan untuk revitalisasi tahap I ini akan berlangsung sampai 2018.

“Rencana revitalisasi dibagi empat tahapan sampai tahun 2028. Adapun tahap I sampai 2018, akan diawali ground breaking yang kita rencanakan pada Januari 2017 mendatang,” kata Samsi.

Diutarakan Samsi, proyek revitalisasi tersebut tak hanya menitikberatkan pada penyelamatan situs cagar budaya, akan tetapi bakal mengakomodasi pertumbuhan industri kreatif dan ekshibisi.

Berdiri di atas lahan yang sangat luas yaitu 20 hektar, PG Colomadu akan ditata di blok A sampai D di mana masing-masing blok berlainan fungsi. Dalam hal ini, lanjut Samsi, Pemkab Karanganyar juga ikut berperan menyediakan ekstra lahan 2,5 hektare tanah di timur PG yang saat ini berdiri Balai Benih Ikan (BBI) Colomadu. “Untuk pembagian itu nanti kita masih menunggu MoU yang nantinya akan ditandatangani Bupati Karanganyar Juliyatmono,” katanya.

Banyak perusahaan memang sudah melirik Solo Baru, Palur dan Jaten sebagai lokasi kantor. Namun, Colomadu tetap dipandang sebagai titik paling strategis. Selain bersebelahan langsung dengan Solo, Colomadu juga dekat dengan pusat-pusat transportasi.

Sementara itu, Kepala Dinas Pariwisata dan Kebudayaan (Disparbud) Tarsa mengatakan obyek cagar budaya di Bumi Intanpari bakal didata ulang untuk kepentingan pelestarian dan pemanfaatan. “Kami berupaya menjalankan UU pelestarian cagar budaya. Aspek pelestarian mengharuskan perawatan, dan ini bukan tanggung jawab Pemkab semata,” terang Tarsa

Samsi optimis pabrik revitalisasi dibangun KGPAA Mangkunegara IV saat tahun 1861, ini bakal jadi magnet baru pertumbuhan ekonomi, sosial dan budaya di Karanganyar. Kepala Dinas Pariwisata dan Kebudayaan (Disparbud) Tarsa Perkataan benda cagar budaya di Intanpari Bumi bakal disimpan untuk kepentingan konservasi dan pemanfaatan. "Kami berusaha untuk mempromosikan hukum pelestarian warisan budaya. Aspek pelestarian membutuhkan perawatan, dan ini bukan tanggung jawab pemerintah daerah. Sedangkan keterlibatan lintas BUMN diperlukan karena bayangkan saja berapa biaya revitalisasi PG Colomadu yang mana sulit dibantu oleh APBD," katanya.

The government of Indonesia will build a creative economic center on the ex sugar factory Colomadu

Colomadu Educational Heritage and Tourism Center

The development plan of the sugar factory Colomadu (PG Colomadu) rely on the financing of a number of State-owned enterprises (SOEs). The historic legacy of the colonial era factory that's ready to be revitalized starting January 2017.

Karanganyar District Secretary, Samsi said the workmanship will be beginning a ground breaking revitalization phase I which runs 2016-2018. In it against the formation of a consortium of independent property management which is able to initiate the development of a non-profit, elections caused areas of creative industries and establish international cooperation.

"The revitalization plan is divided in four phases until the year 2028. As for the phase I until 2018, will be ground breaking begins on January 2017 "said to the KRjogja.com, Tuesday (7/7/2016).

The revitalization project focuses not only on the rescue of cultural heritage sites, but also to accommodate the growth of the creative industries and the exhibition rooms. Standing on the land of 20 hectares, PG Colomadu will be laid out in blocks A through D where each different function blocks. Samsi said, a number of STATE-OWNED companies participate to supply funding for revitalization.

"STATE-OWNED ENTERPRISES shall be obliged to support a new tourist area. Almost all of them collect dues such as PT Angkasa Pura, Pertamina, PT Krakatau Steel and so on, "he explained.

In this case, the District also contributed provides extra land 2.5 hectares of land possession in the PG East currently stands a porch seeds fish (BBI) Colomadu. Samsi haven't learned the extent of Karanganyar District Government intervention and profit derived from the collaboration consortium managing the New PG Colomadu.

"We are still waiting for the MoU will be signed by Regent Juliyatmono," he said.

Samsi optimistic results revitalizing factories that built KGPAA Mangkunegara IV in 1861 this magnet will be the new social and cultural growth in Karanganyar.

Indonesia's investment in the first half 2016 grow 14.8% to USD 22,7 billion

The realization of the investment coming into Indonesia for the period II quarter 2016 reached Rp 151.6 trillion (USD 11.57 billion). This investment figure recorded rising 12.3% compared to the same period the previous year.

"The figure broke the record high of realization of the investment in Indonesia," said the head of the Capital Investment Coordination Agency (BKPM), Thomas Lembong, in a news conference at the offices of the BKPM, Jakarta, Thursday (29/7/2016).

Of the total investment in the quarter II-2016, the number of Domestic Investment (PMDN) reached Rp 52.2 trillion, or rose 21.7% compared to the same period the previous year.

As for Foreign Investment (PMA) totaling Rp 99.4 trillion, or 7.9% versus the same period a year earlier.

Incoming investment from the PMDN is as follows:

• Transportation and warehouse Rp 8.33 trillion with 91 projects
• Non metallic mineral industry Rp 8.13 trillion with 70 projects
• The food industry Rp 7.73 trillion in 39 projects
• Construction of the Rp 6.32 trillion in 134 projects
• Food crops and plantations for Rp 3.47 trillion with 161 projects.

While all semester I-2016, the value of investment coming into the country are Rp 298.1 trillion, or rose 14.8% versus the same period a year earlier.

 

Of these, the PMDN realization reached Rp 102.6 trillion or a rise of 20% from the same period a year earlier. Then for PMA recorded Rp 195.5 trillion, or rose 12.3% compared to the same period the previous year.

Lembong sure, target investment this year that reached Rp 594.8 trillion (USD 45.3 billion) will be reached.

Sri Mulyani: 'Janet Yellen' from Asia

Indonesia needs someone who can be trusted and influential contribution to the economy. Sri Mulyani votes have the power to make Indonesia's economy for the better.

Economist Tony Prasetiantono, revealing Sri Mulyani who currently holds the role as Managing Director of the World Bank, is a riveting figure. The Cabinet of the Government of President Joko Widodo (Jokowi) will be helped by the presence of Sri Mulyani.

In fact, Tony likens the figure of Sri Mulyani likened as the Governor of Central Bank of the United States (U.S.) Janet Yellen. Every speech that proceeds from the mouth of a Janet Yellen, directly drives the world market. So with Sri Mulyani.

"The Cabinet of Jokowi require a figure or figures that could have a major influence to the market, so if the way is trusted and influential, the allusion that Sri Mulyani like Janet Yellen, so if say influential, so it matched Sri Mulyani, she's got the ability to amaze the market, she listened to the market," said Tony to detikFinance, Wednesday (27/7/2016).

According to Tony, Sri Mulyani have captivated the ability of financial markets, have good confidence. The figure of Sri Mulyani judged able to return to restore Indonesia's financial markets are currently not yet conducive.

"Sri Mulyani, did he figure that we need, he's got the ability to captivate the market, had a trust, confident, able to calm the markets, the ability of attracting foreign investment, dampen the panic the markets, we are fortunate to be able to pull Sri Mulyani again," he said.