Video: The Fate of Investment in a Special Economic Zone Amid the US–Iran War

Jakarta – CNBC Indonesia. The Indonesian government continues to promote investment in Special Economic Zones (KEK) through streamlined licensing, optimisation of incentives and strengthening supporting infrastructure. It is hoped KEK will be pushed as engines of industrialisation, sources of job creation and drivers of the national economy. Owner of KEK Galang Batang, George Santos, said KEK Galang Batang has attracted investments of Rp 35 trillion from a target of Rp 36 trillion, with KEK Galang Batang absorbing 15,000 workers, 90% of whom are local human resources. However, the warming of the global economy and geopolitics presents a challenge to KEK Galang Batang because it relates to the sustainability of the industries investing there, influenced by developments in the world political map including the US–Iran war. What is the status of KEK Galang Batang’s development? For full details, watch the dialogue between Bunga Cinka and KEK Galang Batang’s owner, George Santos on Manufacture Check, CNBC Indonesia (Wednesday, 4 March 2026).