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Four Local Firms Invest US$125M in Indonesia’s Bitung Zones

JAKARTA (TheInsiderStories) - Four Indonesian companies have realized investments of around Rp1.78 trillion (US$125.35 million) in the Bitung Special Economic Zone (SEZ), North Sulawesi...

Indonesia Readies to Develop Two SEZs Worth US$838M Next Year

JAKARTA (TheInsiderStories) - Indonesia' government is ready to develop two special economic zones (SEZs) worth Rp11.9 trillion (US$838 million) which is projected to start...

Indonesia Prepares Special Economic Zone for Aviation Industry

JAKARTA (TheInsiderStories) - Indonesia' government plans to establish a special economic zone (SEZ) for aircraft maintenance, repair, and operations (MRO) services, after giving tax...

Indonesia’s Wijaya Karya Eyes Revenues US$246B from Subang Industrial Zones

JAKARTA (TheInsiderStories) – Indonesian state-owned construction developer, PT Wijaya Karya Tbk (IDX: WIKA) set up an investment partnership with PT Perkebunan Nusantara (PTPN) VIII...

Indonesia to Expands Incentives for SEZ to Improve Trade Balance

JAKARTA (TheInsiderStories) - Indonesian government will bring forth a policy to address the trade and current account balance, said the official on Tuesday (05/28)....

Morning Briefing: Indonesian Gov’t to Spend US$113B in 2019

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government to spent Rp1,634.3 trillion (US$112.71 billion) next year, said President Joko Widodo while gave the budget execution lists at...

Indonesia’s Galang Batang SEZ in Riau Officially Operating

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Darmin Nasution, last Saturday, inaugurated Galang Batang Special Economic Zone (SEZ) in Bintan, Riau Islands Province. The Development and...

Morning Briefing: Indonesia Postponed Jakarta-Bandung HST, LRT Projects

JAKARTA (TheInsiderStories) — Good morning! Transportation Ministry postponed the development of two national strategic projects namely Jakarta-Bandung High Speed Train (HST) and Light Rail Transit...

Indonesian Gov’t to Establishs Tourism SEZ in Bangka Belitung Island

JAKARTA (TheInsiderStories) -- Indonesia government aimed to establish tourism Special Economic Zone (SEZ) in Tanjung Gunung and Sungailiat in Bangka regency, Bangka Belitung Islands...