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Industrial Zones Targeted to Achieve Investment Rp 250 Trillion in 2018

by Sebastianus Epifany Wednesday, January 10, 2018 - 10:25

JAKARTA - Indonesian Government continues to spur national economic growth, one of them through increased investment and exports. Therefore, strategic steps such as promotions to investors regarding a conducive business climate in Indonesia and market expansion of local industrial products to the international market are needed.

"The government will hold roadshows to potential investors and rating agencies so that they know Indonesia and know the regulations that have been improved on the creation of a good investment climate," said The Industry Minister Airlangga Hartarto after attending a Limited Meeting at the Merdeka Palace, Jakarta, Friday (5/1), as reported from pressrelease.id.

Menperin explained, it has facilitated the development of a number of integrated industrial zones with supporting facilities to make it easier for investors to develop their business in the country.

"Industrial development is also one of the government's efforts to reduce domestic economic inequality and realize Indonesia centric," he said.

Airlangga has targeted the investment value to be drawn from 13 industrial zones will reach Rp 250,7 trillion in 2018. The 13 industrial zones (KI), namely KI Morowali, Central Sulawesi, KI or Special Economic Zone (KEK) Sei Mangkei, North Sumatra, KI Bantaeng, South Sulawesi, KI JIIPE Gresik, East Java, KI Kendal, Central Java, and KI Wilmar Serang, Banten.

Furthermore, KI Dumai, Riau, KI Konawe, Southeast Sulawesi, KI/KEK Palu, Central Sulawesi, KI/KEK Bitung, North Sulawesi, KI Ketapang, West Kalimantan, KI/KEK Lhokseumawe, Aceh, and KI Tanjung Buton, Riau. "The government has provided ease of investing in industrial zones, among others through the provision of fiscal and non-fiscal incentives and the formation of task force for the provision of gas, electricity, water, human resources, land, spatial, and so on," he concluded.

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