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Home Indonesia

Indonesia’s SEZs Draw Rp 177 Trillion Investment and Create 117,000 Jobs

WNAM: by WNAM:
January 20, 2024
in Indonesia
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Indonesia’s SEZs Draw Rp 177 Trillion Investment and Create 117,000 Jobs
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Jakarta. The development of 20 Special Economic Zones (SEZs) across various regions in Indonesia has attracted investments totaling Rp 177.5 trillion ($11.36 billion) and created job opportunities for 117,492 individuals involving 331 companies in 2023.

“Overall, investments in SEZs have made a positive contribution to the regional and national economy, with a growth trend that has been consistently increasing from 2019 to 2023,” said Susiwijono Moegiarso, the Secretary of the Coordinating Ministry for Economic Affairs and also the Acting Secretary-General of the National SEZ Council, in Jakarta on Thursday.

Throughout 2023, there was a significant increase with an additional investment of Rp 66 trillion from the year before, an additional workforce of 57,005 individuals, and a growth in the number of companies/industries by 89. For 2024, the SEZs are targeting an additional investment of Rp 77.5 trillion and an additional workforce of 38,277 people.

Last December, the council gave its nod for the creation of three new SEZs, namely Setangga SEZ, Tanjung Sauh SEZ, and Nipa SEZ.

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