A worker at a crude oil well on Bunyu island, East Kalimantan province. Photo: Reuters

Indonesia eyes US$7.7 billion investment in three new special economic zones

  • The government aims to create 120,000 jobs in East Kalimantan, North Sulawesi, and North Maluku by 2025
  • Investors in the special economic zones get preferential treatment, such as removal of import duties for manufacturing of export goods, and easier land and employment rules
Topic |   Indonesia

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A worker at a crude oil well on Bunyu island, East Kalimantan province. Photo: Reuters
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Indonesian President Joko Widodo. Photo: Reuters

Can Joko Widodo spend his way to re-election in Indonesia?

  • Widodo is leaving nothing to chance as he seeks to win a second five-year term, showering local governments with billions of dollars
  • Economic growth is well short of the 7 per cent promised by Widodo when he came to power in October 2014
Topic |   Indonesia

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Indonesian President Joko Widodo. Photo: Reuters
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