#Japan #Strategic Partnership #Indonesia Research #BPR Karya Utama #West Java

Comprehensive Partnership Between Indonesia Research Institute and BPR Karya Utama Jabar

The Indonesia Research Institute has recently entered into a Memorandum of Understanding (MoU) with BPR Karya Utama Jabar, a prominent local financial institution in West Java, Indonesia. This strategic alliance aims to enhance the quality of Indonesian human resources targeting employment in Japan, while simultaneously establishing a stable and sustainable collaboration platform for Japanese companies and investors.

Background and Purpose of the Partnership

Japan is currently facing a severe workforce shortage, while Indonesia is witnessing an increase in its youth population and a growing demand for overseas employment. However, various challenges stemming from insufficient financial resources, lack of information, and inadequate understanding of relevant systems often hinder overseas employment opportunities. The Indonesia Research Institute has been actively involved in practical support and system research between Japan and Indonesia. Through this partnership, the institute plans to create a collaborative framework that crosses the domains of finance, local governments, education, and businesses, aiming for a more sustainable cooperative model.

Key Initiatives in the MoU

1. Establishment of Financial Support Schemes for Educational Funding

BPR Karya Utama Jabar will offer financial support aimed at candidates from Indonesia participating in educational and training programs that align with future employment in Japan. The financial assistance will cover tuition and living preparation expenses, thus alleviating constraints on educational opportunities due to economic reasons and encouraging planned career development.

2. Business Matching Between Japanese Companies and Quality Local Operators & Investors

The partnership aims to promote business matching between Japanese companies and BPR Karya Utama Jabar’s reputable borrowers and large depositors. The focus will be on sectors such as manufacturing, logistics, food, renewable energy, and community-focused businesses, providing practical support for entering the Indonesian market, joint ventures (JVs), and offtake collaborations.

3. Training and Skill Development Support for UMKM

Utilizing knowledge gained from quality control and business improvement in Japanese companies, the Indonesia Research Institute will conduct training and hands-on support for micro, small, and medium enterprises (UMKM) within BPR Karya Utama Jabar’s jurisdiction. This initiative aims to integrate these enterprises into supply chains targeting the Japanese market in the future.

Reliable Financial Foundation Directly Connected to Local Governments

BPR Karya Utama Jabar is a regional financial institution (BUMD) where the West Java government holds a 51% stake. Shareholders also include notable entities such as PT Bank BJB and local government authorities from Subang, Bekasi, Majalengka, and Ciamis. Collaboration with such a publicly owned financial institution ensures a direct connection with local governments (Pemda), thereby reducing uncertainties for Japanese firms in regulatory and administrative aspects.

Nurturing Human Resources as 'Regional Leaders' Instead of Just 'Labor'

Structural challenges persist concerning overseas employment, including irresponsible job shifts, disappearances, lack of job opportunities upon return, and inadequate financial literacy. This partnership positions overseas workers as ambassadors representing their home regions, with collaboration among local governments, financial institutions, and educational stakeholders to foster a sense of responsibility and long-term career development. Comprehensive initiatives will include financial literacy education, follow-ups during their stay in Japan, and designing pathways for employment, entrepreneurship, and investments upon their return home. This integrated approach also aims to ease operational burdens on Japanese companies and registered support organizations.

Comments and Agreement from Both Representatives

The agreement was reached between Albertus Prasetyo Heru Nugroho, the representative of the Indonesia Research Institute, and R. Mohamad Noor Rahman, the CEO of BPR Karya Utama Jabar. Both representatives have expressed a shared commitment to improve the quality of Indonesian human resources, establish a reliable model of collaboration for Japanese companies, and promote a new framework of collaboration involving local governments, financial institutions, and educational organizations.

A Message to Japanese Companies and Investors

This initiative represents an advanced cooperative model that integrates human resources, finance, local government, and education. The Indonesia Research Institute is poised to support Japanese firms in exploring the utilization of Indonesian talent, collaborating with local enterprises, and constructing business designs linked to local governments through this agreement.

If your company is:

• - Considering hiring and nurturing Indonesian talent,
• - Exploring entry into Indonesia, forming joint ventures (JVs), or seeking local partners,
• - Interested in building businesses in collaboration with reliable financial institutions and local governments,

please feel free to reach out to us.

Company Overview

• - Company Name: Indonesia Research Institute Co., Ltd.
• - Business Areas:

- Research and consulting related to entering the Indonesian market
- Business strategy and regulatory support in the Indonesian market
- Business matching support between Japan and Indonesia
- Planning and promoting human resource development projects in collaboration with industry, academia, and government
- Planning and operation of vocational training schools (LPK) 'Soken-School'