Welcoming Two New Special Economic Zones in West Java with Optimism, Bey: Increase the Province's Economic Competitiveness

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Friday, October 4, 2024

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Rilis Humas Jabar

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Rilis Humas Jabar

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PORTALJABAR, BANDUNG CITY - The National Council for Special Economic Zones (KEK) has approved the proposal to establish six new KEKs and the expansion of the Nongsa KEK in Batam. Two of the new KEKs are in West Java, namely the Subang KEK and the Patimban KEK.

The West Java Provincial Government is optimistic that the presence of the Subang Special Economic Zone and Patimban Special Economic Zone can encourage economic growth, especially in the Ciayumajakuning area. Acting (Pj.) Governor of West Java Bey Machmudin said that his party continues to encourage the acceleration of development in the region through the development of the two Special Economic Zones that have been approved by the National Special Economic Zone Council.

"The hope for the future is that 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 determination of the Subang and Patimban Special Economic Zones by the Central Government through a Government Regulation.

"The discussion is currently being intensified at the Ministry of Economy and the National KEK Council in Jakarta," he said.

The two SEZs are currently becoming investment magnets, especially in the Ciayumajakuning area. From the records of the West Java DPMPTSP, during the period 2021 to Semester I - 2024, the total investment realization in Ciayumajakuning, especially Subang, has reached IDR 16.3 trillion.

Patimban Special Economic Zone is located in Subang Regency. The Special Economic Zone designed as a manufacturing Special Economic Zone was proposed by PT Wahana Mitra Semesta with business activities in the production of downstream processing of petrochemicals, EV batteries, and semiconductors, logistics and distribution, and energy development.

The Patimban Special Economic Zone (KEK) 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.
Meanwhile, the Subang Special Economic Zone was proposed by PT Aneka Bumi Cipta as the fourth proposed Special Economic Zone with a target of investment realization of Rp134.59 trillion for the Subang Special Economic Zone with a land area of 481.93 hectares.

KEK Subang 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 of KEK Subang. It is targeted to absorb 95,139 workers.

Editor: Rep Pun

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