Welcoming Two New SEZs in West Java Optimistically, Bey: Increase the Province's Economic Competitiveness
PORTALJABAR, BANDUNG CITY - The National Council for Special Economic Zones (SEZ) has approved the proposal for the creation of six new SEZs and the expansion of the Nongsa SEZ in Batam. The two new SEZs are in West Java, namely the Subang SEZ and the Patimban SEZ.
The West Java Provincial Government is optimistic that the presence of the Subang SEZ and the Patimban SEZ can encourage economic growth, especially in the Ciayumajakuning area. Acting (Acting) Governor of West Java Bey Machmudin said that his party continues to encourage the acceleration of development in the region through the development of two KEKs which have been approved by the KEK National Council.
"We hope that in the future, with the addition of these two new SEZs, they will become centers of innovation, industry and technology, which will increase the competitiveness of the provincial economy and attract national and global investment," said Bey, Thursday (3/10/2024).
According to Bey, the West Java Provincial Government is waiting for the Central Government to determine the Subang and Patimban SEZs through a Government Regulation.
"Discussions are currently being intensified at the Ministry of Economy and the KEK National Council in Jakarta," he said.
These two SEZs are currently becoming investment magnets, especially in the Ciayumajakuning area. From West Java DPMPTSP records, during the period 2021 to Semester I - 2024 the total investment realization in Ciayumajakuning, especially Subang, has reached IDR 16.3 trillion.
The Patimban SEZ is in Subang Regency. The SEZ which was designed as a manufacturing SEZ was proposed by PT Wahana Mitra Semesta with business activities in the downstream processing of petrochemicals, EV batteries and semiconductors, logistics and distribution, as well as energy development.
The Patimban SEZ is proposed with a land area of 511 hectares with a total investment realization of IDR 141.6 trillion in 2054 with a target workforce of 156,154 people.
The Subang KEK was proposed by PT Aneka Bumi Cipta as the fourth proposed SEZ with a target of investment realization for the Subang KEK of IDR 134.59 trillion with a land area of 481.93 hectares.
The Subang SEZ has business activities in the production and processing of electric car assembly and logistics and distribution. PT BYD Auto Indonesia, which operates in the electric car sector, is the anchor investor in the Subang SEZ. It is targeted to absorb a workforce of 95,139 people.
(SOURCE)
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