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Jakarta Post

What you need to know about Batang industrial zone development

  • Dzulfiqar Fathur Rahman

    The Jakarta Post

Jakarta   /   Fri, July 17, 2020   /  10:23 am
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President Joko "Jokowi" Widodo goes over the Batang Integrated Industrial Park development plan during his visit to the park in Batang, Central Java, on June 30.(Agus Suparto via

President Joko “Jokowi” Widodo’s administration is developing Batang Integrated Industrial Park in Central Java to get foreign companies to invest in and relocate to Indonesia amid a foreign direct investment (FDI) slump. To develop the industrial zone, the government has established a team comprising the Investment Coordinating Board (BKPM) the State-Owned Enterprises Ministry, the Industry Ministry, the Public Works and Housing Ministry and the Transportation Ministry. State-owned construction company PT Pembangunan Perumahan (PP), state-owned toll road operator PT Jasa Marga and toll road developer PT Waskita Toll Road will also join the team. BKPM investment promotion deputy Ikmal Lukman said on July 7 that the team aimed to complete the park’s development plan this month as the BKPM wanted construction to finish in just six months. Read also: Seve...