Economic Zones Development to Kick Off This Year

Translator

Editor

Senin, 10 November 2014 19:32 WIB

Aktivitas bongkar muat di Pelabuhan peti kemas Pelabuhan Tanjung Priok terlihat dari ketinggian, Jakarta, Kamis (21/2). TEMPO/Tony Hartawan

TEMPO.CO, Jakarta – The government is planning to build 13 economic zones outside of Java Island and two others in Java. The groundbreaking of the projects will be started from this yearend until mid-2015.


The economic zones will be built in a number of regions, including in Papua, Sulawesi, Kalimantan, Maluku, Sumatera and Java Islands. Industry Ministry’s industrial zone development director general Imam Haryono said the development of the 15 economic zones would last for 5-7 years.


“All [of the economic zones] are in the planning stage,” Imam said on Monday, November 10, 2014.


Imam explained that he was still calculating the investment value in the 15 economic zones, including the number of jobs to be opened. The government is planning to make the economic zones in Java to produce consumer goods, while those outside of Java will be producing other types of product.


Imam said that products from each economic zone would be adjusted with local resources, regional government commitment, infrastructure, energy supplies, human resources and markets.



AMIRULLAH


Related News

Indonesia Maintains Its Macroeconomic Stability With Good Consumer Confidence

46 hari lalu

Indonesia Maintains Its Macroeconomic Stability With Good Consumer Confidence

Indonesia's macroeconomic stability is maintained with good consumption and adequate foreign exchange reserves.

Read More

Jokowi, Sri Mulyani Discuss Macroeconomics and 2024 State Budget

20 Februari 2023

Jokowi, Sri Mulyani Discuss Macroeconomics and 2024 State Budget

Minister of Finance Sri Mulyani Indrawati, conducted a limited meeting with President Joko "Jokowi" Widodo on Monday, February 20, 2023.

Read More

Jokowi Critical Against Sandiaga Uno`s Macroeconomics Approach

15 April 2019

Jokowi Critical Against Sandiaga Uno`s Macroeconomics Approach

Jokowi was critical against Sandiaga Uno's use of individual testimonies to represent the condition of Indonesia's macroeconomy.

Read More

Money Should Serve People, Not the Other Way Around, Pope Said

19 Oktober 2018

Money Should Serve People, Not the Other Way Around, Pope Said

The Pope is urging once again that the world leaders should
really serve public interests as well as consider ethics and
solidarity.

Read More

West Java Experienced Economic Growth

19 Oktober 2018

West Java Experienced Economic Growth

The growth is driven by solid domestic demands and export
prospects.

Read More

BKPM Sets 2014 Investment Target at Rp504 Trillion

19 Oktober 2018

BKPM Sets 2014 Investment Target at Rp504 Trillion

BKPM is targeting 2014's actual investment to reach Rp504 trillion with most of it
coming from the consumer and mining sectors.

Read More

Indonesia is Region's Fastest Growing Corporate Bond Market  

19 Oktober 2018

Indonesia is Region's Fastest Growing Corporate Bond Market  

With 12.1% growth, Indonesia's corporate bond market becomes the fastest
growing in the Asian region.

Read More

Indonesian Banks Book Rp 95.30 Trillion Profits

19 Oktober 2018

Indonesian Banks Book Rp 95.30 Trillion Profits

"The profit marks the highest record in the banking industry so
far," said Eko B Supriyanto, InfoBank Magazine's Research Bureau
Director.

Read More

FEALAC as East Asia, Latin America Connectors

19 Oktober 2018

FEALAC as East Asia, Latin America Connectors

FEALAC stands for 'Forum for East Asia and Latin America
Cooperation', a ministerial forum of East Asian and Latin
America countries.

Read More

BI Hopes Jokowi Effect Continues

19 Oktober 2018

BI Hopes Jokowi Effect Continues

Investors are expecting positive news related to Jokowi's
cabinet and concrete steps during his tenure.

Read More