The Indonesian government plans to add 6 new Special Economic Zones (KEK) next year, bringing the total number of KEK nationwide to 31. The Acting Secretary of the National Special Economic Zone Council recently stated that the new KEK will be announced personally by President Prabowo, so the specific locations will not be disclosed yet.
He only mentioned that the new KEK will be located in Java, Kalimantan, and Sulawesi, with diverse industry types including deep coal processing, aluminum processing, petrochemicals, and electric vehicles. He revealed that these new KEK already have investors, and one of the main prerequisites for establishing a KEK is that developers must be able to attract an "anchor investor", which is a key condition for developing and opening a KEK.
The Indonesian government plans to add 6 new Special Economic Zones (KEK) next year, bringing the total number of KEK nationwide to 31. The Acting Secretary of the National Special Economic Zone Council recently stated that the new KEK will be announced personally by President Prabowo, so the specific locations will not be disclosed yet.
He only mentioned that the new KEK will be located in Java, Kalimantan, and Sulawesi, with diverse industry types including deep coal processing, aluminum processing, petrochemicals, and electric vehicles. He revealed that these new KEK already have investors, and one of the main prerequisites for establishing a KEK is that developers must be able to attract an "anchor investor", which is a key condition for developing and opening a KEK.