{
    "success": true,
    "data": {
        "id": 1211920,
        "msgid": "cilacap-regency-seeking-new-investors-1447893297",
        "date": "1995-08-23 00:00:00",
        "title": "Cilacap regency seeking new investors",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Cilacap regency seeking new investors JAKARTA (JP): The administration of the Cilacap regency, Central Java, launched a business presentation yesterday to attract more investors to the area.",
        "content": "<p>Cilacap regency seeking new investors<\/p>\n<p>JAKARTA (JP): The administration of the Cilacap regency,<br>\nCentral Java, launched a business presentation yesterday to<br>\nattract more investors to the area.<\/p>\n<p>In a business luncheon attended by Coordinating Minister for<br>\nPolitical Affairs and Security Soesilo Soedarman, Minister of<br>\nCooperatives and Small Enterprises Subiakto Tjakrawerdaya and a<br>\nnumber of noted businessmen, officials from the regency said that<br>\ninvestment opportunities in Cilacap include the sectors of<br>\ntourism, sea transportation, horticulture, fishery, husbandry,<br>\ntimber, trade and manufacturing.<\/p>\n<p>While Cilacap was once an important cultural attraction<br>\noutside of Yogyakarta, the area is now less developed than<br>\nYogyakarta, Soesilo told reporters after attending the luncheon.<\/p>\n<p>A trip between Cilacap and Yogyakarta takes about 4.5 hours by<br>\nland.<\/p>\n<p>\"But there's a good chance now offered by Cilacap. The<br>\ncountry's seaports in Jakarta and Surabaya are getting crowded.<br>\nCilacap has a natural seaport which can be developed to link with<br>\nthe Middle East, Australia and other countries,\" Soesilo said.<\/p>\n<p>\"In the tourism sector, facilities for tourists are being<br>\ndeveloped in areas between Pangandaran in West Java and Cilacap,<br>\nboth at the southern coast of Java,\" he said. \"In Pangandaran,<br>\nvisitors can see both the sunrise and sunset.\"<\/p>\n<p>The executive manager of the Cilacap office of the Investment<br>\nCoordinating Board, Rahardjan Sudjani, said that companies<br>\ninterested in investing in the hotel industry will have several<br>\nincentives.<\/p>\n<p>\"We are ready to support hotel investors. Especially foreign<br>\ninvestors, who will be able to import supporting equipment such<br>\nas elevators and electricity generators without any levies,\" he<br>\nsaid.<\/p>\n<p>He said that in the future, Cilacap will need more three-star<br>\nrated hotels because the town's tourism industry and commercial<br>\nbusiness will be progressing rapidly.<\/p>\n<p>Currently there are six star-rated hotels in Cilacap in<br>\naddition to 34 non-star-rated ones.<\/p>\n<p>Cilacap is about 197 kilometers from Yogyakarta and some 435<br>\nkilometers from Jakarta.<\/p>\n<p>Merpati Nusantara serves the Jakarta-Cilacap route four times<br>\nper week, while the government is considering increasing the air<br>\nservice.<\/p>\n<p>The administration of Cilacap launched a similar measure here<br>\ntwo years ago after completing a potency study in 1992.<\/p>\n<p>Data from the Investment Coordinating Board show that in the<br>\nperiod between 1967 and July 1995, the government approved 13<br>\ndomestic investment projects worth Rp 2.3 trillion and four<br>\nforeign investment projects worth US$1.6 billion in Cilacap.<br>\n(icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/cilacap-regency-seeking-new-investors-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}