The Ministry of Public Work and Housing (PUPR) through the Regional Infrastructure Development Agency (BPIW) will prioritize 230 special economic zones in Indonesia as part of the 2021 RPJMN.  Some of the prioritized economic zones in Sumatra, include the Special Economic Zone (KEK) of Arun Lhokseum... [read more]

PT Pakuwon Jati Tbk. (PWON) has started the construction of Pakuwon Bekasi Superblock, Bekasi in 2021. Bekasi is chosen as the development of several infrastructure drives its rapid growth. The development of Pakuwon Bekasi Superblock will include Pakuwon Residence Bekasi, comprising a total of 2,99... [read more]

PT AKR Corporindo Tbk. (AKRA) is confident to sell 14 hectares of its industrial land area within the Java Integrated Industrial & Port Estate (JIIPE) Gresik, East Java before the end of the first quarter of 2021. This year, AKRA aims to sell 30 hectares to 35 hectares of land area in JIIPE Gresik.... [read more]

Indonesia-Singapore Bilateral Investment Treaty (BIT) has been ratified and it is expected to boost the investment flow for both countries by 18% and 22%, respectively over the next five years. The treaty provides greater legal certainty to Indonesian and Singaporean investors who invest in each cou... [read more]

PT Kereta Api Indonesia (Persero) (KAI) aims to operate the Greater Jakarta Light Rail Transit (LRT) in July 2022 with 18 stations. As of the 5th of March 2021, the Greater Jakarta LRT construction has progressed by 83.37%, comprising line service I Cawang-Cibubur at 93.67%, line 2 Cawang-Kuningan-D... [read more]