Offering Various Facilities, Coordinating Minister Airlangga Invites Potential Investors To Invest In KEK

Coordinating Minister Airlangga in the SEZ Business Forum event (Photo: ekon.go.id)

JAKARTA - Coordinating Minister for Economic Affairs Airlangga Hartarto invites potential investors to join other business actors who have found it easy to invest in Special Economic Zones (SEZs).

According to Airlangga, SEZs are still the government's mainstay for the equitable distribution of economic growth throughout Indonesia. In addition, the SEZ also aims to increase the value of investment in the region, optimize industrial activities including export and import activities, as well as accelerate development and equal distribution of employment opportunities.

"Moreover, SEZ will automatically become a National Strategic Project (PSN), therefore it will be included as a priority to be developed," Airlangga explained at the SEZ Business Forum event, quoted from the ekon.go.id page, Saturday, November 13.

According to Airlangga, SEZs in Indonesia offer various facilities for investment, in the form of fiscal incentives such as tax holidays and tax allowances, as well as non-fiscal incentives such as one-stop services using Online Single Submission (OSS).

Until 2021, the government has established 19 SEZs throughout Indonesia, which are engaged in the manufacturing, tourism, and creative economy sectors.

SEZs that focus on the manufacturing industry include Sei Mangkei, Gresik, Kendal, Palu, Arun Lhokseumawe, Galang Batang, Maloy Batuta Trans Kalimantan, Tanjung Api-Api, Bitung, and Sorong.

Meanwhile, the tourism SEZs include Tanjung Kelayang, Tanjung Lesung, Morotai, Likupang, LIDO, and Mandalika. World-scale sporting events, namely the Indonesia First World Super Bike and MotoGP, will also be held at the Mandalika SEZ.

Along with the enactment of the Job Creation Act, SEZ has also expanded its industrial scope to a tertiary industrial scale, including Nongsa and Singhasari which focus on the digital industry and integrated data center, and Batam Aero Technic which is engaged in the aeroplane maintenance, repair, and overhaul (MRO) sector. .

The Job Creation Law has indeed brought Indonesia into a new and better phase, in relation to efforts to create job opportunities and investment activities.

"Through the SEZ, the Government is committed to building a good investment climate and ensuring three factors, namely certainty, clarity, and simplicity for investors and business actors in running their business in Indonesia," said Coordinating Minister Airlangga.

Ending his remarks, Coordinating Minister Airlangga invited potential investors to join other business actors who have found it easy to invest in SEZs.

“I would welcome all of you to come to Indonesia, immediately join and run your business in the Special Economic Zones in Indonesia. Hopefully all the business forum agendas at the World Expo 2020 Dubai this time will run successfully, and will also bring fresh air to the Indonesian economy," said Coordinating Minister Airlangga.