Quote:These included overlapping permits and regulations issued by the local and central governments, inadequate infrastructure in Bintan and Karimun, bureaucratic delays, lack of security, rampant piracy, harassment by officials, land-rights issues, lack of business incentives and labor...

As the problems hampering the development of special economic zones (SEZs) in Indonesia remain unresolved, speakers at a discussion forum have urged the government to act quickly as the establishment of similar zones in neighboring countries was proceeding apace.

Jakarta (ANTARA News) - Former Singaporean prime minister Lee Kuan Yew said what Indonesia needed to do to increae investment was to issue clear legal rules and cultivate investors` confidence."What investors need in Indonesia is legal certainty for agreements that have been concluded," Lee said at...