Two new economic zones to attract US$19.3 bln investment: govt 11th February 2021
Kuta Beach in Mandlika, Central Lombok, West Nusa Tenggara. (ANTARA FOTO/Harviyan Perdana Putra/nz/aa) Jakarta (ANTARA) - The Indonesian government has projected that two new special economic zones (SEZ) in West and East Java would attract US$19.3 billion in investments, and thus support the business ecosystem in those regions.
The new economic zones are Lido in West Java and Java Integrated Industrial and Port Estate (JIIPE) in Gresik, East Java.
“The Lido special economic zone is expected to be able to boost tourism in Indonesia. The result must be clear, tourists to West Java must also be of international quality,” said Coordinating Minister for Economic Affairs, Airlangga Hartarto, who is also chairman of the KEK National Council, in Jakarta on Thursday.
Government eyes investment of Rp725 trillion in SEZ in 2025 11th December 2020
Deputy Coordination of Regional Development and Spatial Planning of the Coordinating Ministry for Economic Affairs Wahyu Utomo during a press conference in Batam, Riau Islands, on Friday (Dec 11, 2020). ANTARA/Naim/sh
By 2025, the investment is expected to increase to Rp725.42 trillion and absorb 672,173 workers. Batam, Riau Islands (ANTARA) - The government has outlined a target to secure an investment of Rp725.42 trillion in Special Economic Zones (SEZ) in 2025 that would absorb 672,173 workers. By 2025, the investment is expected to increase to Rp725.42 trillion and absorb 672,173 workers, Deputy Coordination of Regional Development and Spatial Planning of the Coordinating Ministry for Economic Affairs Wahyu Utomo stated here on Friday.