Business News

2021-02-24
Two new Special Economic Zones (SEZ)
The new two Special Economic Zones (SEZ) are projected to be able to bring in a total investment of up to US $ 19.3 billion, with details of the JIIPE SEZ (US $ 16.9 billion), and the Lido SEZ (US $ 2.4 billion).

SEZ Lido will become a tourism SEZ with a business plan for developing attractions (world-class theme parks, golf courses, and retail and dining), accommodation development (six stars luxury resorts, other star hotels, as well as transit oriented development / TOD). , and the development of the creative economy (film studios and music festivals).

Meanwhile, the JIIPE SEZ is planned for business development in the metal, electronics, chemical, energy and logistics industries.

The production results of business actors in it are projected to be able to contribute to exports of US $ 10.1 billion per year when fully operational, as well as import substitution for metal and chemical industrial products.