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Two new economic zones to attract US$19.3 bln investment: govt
11th February 2021
Kuta Beach in Mandlika, Central Lombok, West Nusa Tenggara. (ANTARA FOTO/Harviyan Perdana Putra/nz/aa)
Jakarta (ANTARA) - The Indonesian government has projected that two new special economic zones (SEZ) in West and East Java would attract US$19.3 billion in investments, and thus support the business ecosystem in those regions.
The new economic zones are Lido in West Java and Java Integrated Industrial and Port Estate (JIIPE) in Gresik, East Java.
“The Lido special economic zone is expected to be able to boost tourism in Indonesia. The result must be clear, tourists to West Java must also be of international quality,” said Coordinating Minister for Economic Affairs, Airlangga Hartarto, who is also chairman of the KEK National Council, in Jakarta on Thursday. ....

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