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Indonesia among priciest industrial zones in Southeast Asia | Kontan 

(The Insider Stories) — Indonesia has the highest land price for industrial complexes in Southeast Asia excluding Singapore, Kontan reported Monday.

Each square meter in an Indonesian industrial zone cost an average of $191 last year—forecast to reach $200 this year—compared with $119 in Bangkok, $52-$102 in Manila and $20-$25 in Malaysia. The Indonesian price is seconded only by Singapore, which has a price range of $189-$651 per square meter.

A piece of land in an industrial complex in the capital city of Jakarta was offered at $630 a meter last year, multiple times its 2010 price of $80-$100. Such high land prices can negatively impact the country’s competitiveness, said Dedy Mulyadi, director general for industrial zones development at the Industry Ministry.

Full story : http://industri.kontan.co.id/news/lahan-industri-di-indonesia-termahal-di-asean

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