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Investing in Special Zones

Monday, 24 May 2021

Up to last month, a total of 155 investors have become tenants in special economic zones in Indonesia. Investment commitments currently reach a total of Rp70 trillion.

The construction site of the Pullman Hotel, at the Mandalika Special Economic Zone in Pujut, Central Lombok, West Nusa Tenggara, last December. As of December 2020, the ITDC recorded 13 investments worth Rp2.885 trillion were channeled to the Mandalika for building 11 accommodations. Antara/Ahmad Subaidi . tempo : 168559471515_

THE government is trying hard to lure new investors to special economic zones (KEK) dotted around the country. KEK National Board Secretary, Enoh Suharto Pranoto, said there are currently 155 business entities registered for having invested in domestic economic zones up to April 2021. “The total investment commitment has reached Rp70.24 trillion, and realized investments were around Rp27.8 trillion,” he told Tempo, Saturday, May 15.


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