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Batam

Now Its All up to the Minister

Tuesday, November 1, 2005

Business players have welcomed the concept of a bonded plus zone. Both the Batam municipal government and Batam Authority have been requested to merge.

arsip tempo : 173167908178.

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THE battle is finally over. Those who wanted Batam to become a free trade zone have to accept that these islands will only become a bonded plus zone. Its the Minister of Finance, Jusuf Anwar, who had to make this decision.

Not long ago, Jusuf signed Finance Ministerial Decree No. 60/2005 regarding Bonded Warehouses on Batam, Bintan and Karimun islands. This decision came into force as of October 1, 2005. Previously, for the last 13 years, the statu

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