Indonesia plans India-specific SEZ near Jakarta to attract FDI
Indonesia is poised to join a select group of nations establishing a dedicated India-specific special economic zone (SEZ) aimed at attracting Indian investments in sectors such as automotive, electronics, movie production, pharmaceuticals, healthcare, and education.
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Located just 45 minutes from Jakarta, the SEZ in Jababeka Industrial Estate will feature tailored facilities and regulatory certainty to entice Indian investors to contribute to Indonesia's creative economy, Jababeka Group founder Setyono Djuandi (SD) Darmono told ET in an interview.
He highlighted the SEZ's strategic advantages, including its predictable regulatory environment and proximity to Jakarta, as compelling reasons for Indian companies to consider the opportunity.
Drawing parallels to Singapore's success as a business hub, Darmono said he wants to replicate a similar model in Jababeka.
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