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Business 6 years ago
PREMIUM
Indonesia seeks to attract $6.4b in investment into Kendal, Singhasari, Likupang SEZs
The government is seeking to attract Rp 89.6 trillion (US$6.4 billion) in investment into three special economic zones (SEZ) in Java and Sulawesi as it aims to promote industrial and tourism development to stoke growth amid a cooling economy.
Business 6 years ago
PREMIUM
Riau Islands aims to increase tourist arrivals, spending under SEZ development scheme
The local administration plans to accelerate tourism development in the Riau Islands through the government's SEZ scheme in a strategy to boost foreign tourist arrivals and thus, the province's tourism revenue.
Business 7 years ago
PREMIUM
Criticism mounts over plan for more industrial zones across Java
The government’s plan to develop new special economic zones on Java has run up against opposition, with critics saying it would not only hamper the goal of creating equal economic development across the country but also put an additional burden on the densely populated island.
Business 7 years ago
Unutilized assets in Aceh open for investment
The Arun Lhokseumawe Special Economic Zone (SEZ) in Aceh, which houses one of the country’s natural gas facilities, could be the latest example of the use of underutilized assets to boost local economies, said the State Asset Management Agency (LMAN).
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