Indonesian Political, Business & Finance News

Video: Safeguarding Investor Confidence, SEZ Requires Regulatory and Security Guarantees

| Source: CNBC Translated from Indonesian | Investment
Video: Safeguarding Investor Confidence, SEZ Requires Regulatory and Security Guarantees
Image: CNBC

Jakarta, CNBC Indonesia - Owner of the Galang Batang SEZ, George Santos, is optimistic about the prospects of developing the Special Economic Zone (SEZ) as an investment magnet to drive the economy and provide employment opportunities. Government support in strengthening supporting infrastructure such as electricity, roads, and ports, as well as fiscal incentives, becomes the appeal of the SEZ in attracting investment. Nevertheless, efforts are needed to maintain investor confidence because it requires security guarantees, regulatory certainty, and supporting facilities. Currently, the Galang Batang SEZ is applying for an expansion of land utilisation covering 5,000 hectares to support downstream business sectors in alumina and aluminium, solar harvesting, and garment factories. What is the development strategy for the Galang Batang SEZ? For more details, watch the dialogue between Bunga Cinka and Owner of the Galang Batang SEZ, George Santos, on Manufacture Check, CNBC Indonesia (Wednesday, 04/03/2026).

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