- ST File
JAKARTA: Indonesia has officially designated Tanjung Sauh island in the western part of the country as a special economic zone.
"The goal is to accelerate job creation and promote regional and national economic development," said Rizal Edwin Manansang, acting secretary general of the National Council for Special Economic Zones, on Wednesday (June 12).
Covering an area of 840.67 hectares, the zone will host electronic component industries, electronic product assemblies, and a research and production centre for alternative energy.
Supported by a port with a capacity of 5 million twenty-foot equivalent units (TEUs), Tanjung Sauh will serve as a crucial logistical hub, linking Batam and Bintan trade centres with both national and international markets.
To date, the zone has attracted investment commitments totaling 199.6 trillion rupiah (about US$12 billion) and is expected to create 366,087 jobs by 2053. - Xinhua/ANN
