In expediting equitable economic development in Indonesia, the Government has designated several regions as Special Economic Zones (SEZs). The initial steps involve identifying strategic locations and planning SEZs with a focus on economic sectors, specific regulations, and infrastructure to achieve regional development and enhance national economic competitiveness. Various facilitations are provided by the Government to regions with SEZ status to enhance optimal collaboration with the private sector and foreign investors for the development of the region. However, to date, as the SEZs have been implemented, proposals have been put forth by various parties to conduct an evaluation of the SEZ implementation to monitor its economic, social, and environmental impacts. In response to this, the Government will carry out an evaluation, particularly where investment growth is not significantly increasing. Find out more our insights about this topic in our Legal Brief publication.
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