GRP 因其在西爪哇省投资成就中的关键作用而受到表彰
Investor.id, 18 March 2024
PT Gunung Raja Paksi Tbk (GRP/GGRP) has been positively acknowledged for ranking among the top five largest contributors to domestic investment (PMDN) realization in West Java Province.
In the regional economic context, GRP is considered pivotal to economic growth, job creation, and strengthening an inclusive and sustainable economic foundation in the company's operational areas, according to Mohammad Faisal, Executive Director of the Center of Reform on Economics (CORE) Indonesia.
“Yes, this is very positive because investment is a crucial prerequisite for accelerating economic growth and creating jobs,” Faisal said on Monday (18/3/2024). He added that as a "mother of industry," steel companies like GRP can stimulate other sectors, including manufacturing and infrastructure development. Faisal emphasized that GRP’s investment brings significant positive impacts, not only on economic growth but also on benefits for surrounding communities. With over 3,000 employees, Faisal believes GRP strengthens an inclusive economic foundation, meaning the company plays a vital role in ensuring equitable development.
Moreover, Faisal praised GRP for implementing green economy practices, including circular economy initiatives for sustainability. He highlighted that GRP’s investments support resource and environmental efficiency. “This improves environmental resilience and reduces degradation. What GRP does clearly supports the reduction of carbon emissions, waste, and pollution,” he explained.
Previously, GRP, along with other companies, contributed to West Java's outstanding investment performance in 2023. West Java secured the top spot in PMDN realization, with a total value of IDR 210.6 trillion. GRP ranked among the top five PMDN contributors in the province, with an investment of IDR 1.58 trillion.
Head of West Java’s Investment and Integrated Services Agency (DPMPTSP), Nining Yulistiani, stated that West Java's investment increased by 20.6% and exceeded its target of IDR 188 trillion by 112%. In 2023, foreign direct investment (PMA) realization in West Java reached IDR 122.6 trillion, or 16.5% of the national total, while PMDN amounted to IDR 88 trillion, or 13% of the national total. “This growth aligns with the investment's ability to absorb Indonesian labor, which rose by 38.19% compared to the same period last year,” Nining explained.
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