The Coordinating Ministry for Economic Affairs stated that the realization of investment in Special Economic Zones (ZES) in Indonesia was relatively positive until the end of June 2024. Throughout the first semester of this year, cumulative investment realization in SEZs was recorded at IDR 205.2 trillion. The Coordinating Minister for Economic Affairs as Chairman of the National SEZ Council Airlangga Hartarto said that based on the performance evaluation of 22 SEZs in Indonesia, the government is optimistic that SEZs can meet the investment realization target by the end of 2024. In addition, the absorption of workers in SEZs throughout Indonesia during 2024 also experienced a significant spike compared to the period last year.
“Until the first semester of 2024, the performance of SEZs has shown satisfactory results. SEZs have successfully recorded cumulative investment realization of IDR 205.2 trillion with a cumulative workforce of 132,227 people,” said Coordinating Minister Airlangga at the Launch of the OMP 2.0 Geoportal and the OMP Beyond 2024 White Paper, as well as the Submission of the National Evaluation Report on PSN & SEZ Achievements at The St. Regis Jakarta, Thursday (18/7/2024).
With these results, several SEZs in Indonesia have made important achievements and have had a positive impact on the regional economy, through workforce absorption, support for MSMEs, infrastructure growth, and others.
SEZs target globally competitive industries, international tourism services, education and health services, and the digital economy. As is known, the Government continues to strive to encourage economic transformation in the country. One of them is through the development of SEZs, in order to achieve the target of becoming a high-income country.
Based on the direction of the President of the Republic of Indonesia regarding the development and development of SEZs, this area is expected to have a major impact on regional and national economic growth. That way, the real impact of the presence of SEZs in Indonesia can be felt more and more.
The existence of SEZs also provides certainty to investors regarding the land and incentives provided. Certainty according to President-elect Prabowo Subianto is one of the main requirements for winning the competition. Prabowo said that countries that can provide legal certainty and an efficient investment climate will attract investment amidst geopolitical and economic uncertainty.
“We need investment for that we need a good climate of good governance,” said Prabowo.
Responding to these results, Plt. Secretary General of the National SEZ Council Edwin Manansang said that there were seven new SEZ proposals that were being reviewed and were expected to make a major contribution to the economy. The new SEZs are spread across Java and outside Java.
“There are seven proposals being reviewed, some around the IKN, Sulawesi, and Java,” Edwin told the media in Jakarta, Monday (22/7/2024).
In addition to the seven SEZs that are in the initial review stage, there are four SEZs that are already in the proposal stage of determination. The four SEZs are: 1. Nipa, Location: Nipa Island, Batam City, Riau Islands Province; 2. Edutek Medika Internasional Banten, Location: Bumi Serpong Damai, Tangerang Regency, Banten Province; 3. Batam International Health Tourism, Location: Bata City, Riau Islands Province; 4. Bungku Green Industry, Location: Morowali, Morowali Regency, Central Sulawesi Province.
July 22, 2024, CNBC Indonesia
(https://www.cnbcindonesia.com/news/20240722191714-4-556746/mantap-pengembangan-kek-diperluas-ini-daftar-wilayahnya)