Indonesia plans new zones for EV, halal sector


Six SEZs were awaiting the issuance of their respective government regulations. — The Jakarta Post

JAKARTA: The government has announced plans to establish six new special economic zones (SEZs) covering various industries, from the halal sector to electric vehicles (EVs).

Susiwijono “Susi” Moegiarso, Secretary to the Coordinating Economic Minister, said six SEZs were awaiting the issuance of their respective government regulations, including one in Sidoarjo, East Java, which is designated to focus on the halal products industry.

“The halal SEZ in Sidoarjo will offer vast potential to integrate Indonesia into global halal industry supply chains,” he said in a press statement on Tuesday.

Susi revealed that another of the new SEZs, to be located in Subang, West Java, would focus on augmenting the country’s budding EV ecosystem, with Chinese investors like major EV manufacturer BYD interested in investing in the area, Bisnis reported.

However, he did not elaborate on the remaining four new SEZs or the industries they would focus on, saying only that they would be announced once the respective government regulations were issued.

These SEZs cover a total area of 23,798 ha, with seven situated on Java Island and 18 in other regions of the country. — The Jakarta Post/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

WCE Holdings sees potential benefits from proposed Southern Link extension
SunCon 2Q net profit rises 24%, order book hits record RM10.5bil
Prolintas Infra BT 2Q net profit rises 13%, declares 3.18 sen distribution
KLK hit by RM1.6bil impairment, swings into 3Q26 loss
Guan Chong 2Q net profit surges fivefold to RM253mil
Sunzen shareholders approve changes to Ecolite, Yanming acquisition terms
Ringgit ends lower against greenback amid economic D-Day uncertainty
Zetrix AI eyes organic growth through blockchain, AI initiatives
Sorento Capital to transfer to Main Market on Aug 28
Geohan wins RM37mil high-rise job from Chin Hin Property

Others Also Read