Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)

Analysis of Investment Policy of Local Government in the Era of Industrial Revolution 4.0

Authors
Budi Supriatono Purnomo, Alfira Sofia
Corresponding Author
Budi Supriatono Purnomo
Available Online May 2019.
DOI
https://doi.org/10.2991/icebef-18.2019.18How to use a DOI?
Keywords
investment performance; investment policy; industrial revolution 4.0; local government
Abstract
Local governments as public service providers have an important responsibility in an effort to improve the welfare of the community within the local government. One of the efforts that can promote the improvement of people's welfare in the financial perspective is to improve the investment climate. West Java Province is one of biggest provinces in Indonesia and also one of the biggest regional investment destinations. As the era of Industrial Revolution 4.0 has started in 2011, investment policies have to be developed in line with the changes occurred. This study aims to 1) identify the Investment Performance of Java Provincial Government; 2) recognize the direction of investment policy of West Java Provincial Government and its relation with Industrial Revolution 4.0. This study used secondary data on investment from 2013 until 2017. The results showed that the investment performance in West Java in the 2013-2017 have fluctuations values and the big decline in 2016-2017. It was also found that some leading sectors have very low investment value compared to other sectors. The central and regional governments must again elaborate each policy in more detail in order to achieve the consistency and sustainability of each program.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Budi Supriatono Purnomo
AU  - Alfira Sofia
PY  - 2019/05
DA  - 2019/05
TI  - Analysis of Investment Policy of Local Government in the Era of Industrial Revolution 4.0
BT  - Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)
PB  - Atlantis Press
SP  - 77
EP  - 80
SN  - 2352-5428
UR  - https://doi.org/10.2991/icebef-18.2019.18
DO  - https://doi.org/10.2991/icebef-18.2019.18
ID  - Purnomo2019/05
ER  -