Tuesday, 30 July 2024 14:29

Mandalika SEZ Attracts IDR 722.97 Billion Investment in H1 2024

In the first half of 2024, the Mandalika Special Economic Zone (SEZ) achieved significant milestones. According to the National Council for SEZs, as of 29 July 2024, investments in Mandalika reached 76.41% of the annual target, amounting to IDR 722.97 billion out of the targeted IDR 946.16 billion. The zone also created 512 new jobs. Ari Respati, CEO of PT ITDC, the zone's developer and manager, highlighted the commitment to innovation, improved services, and fostering a supportive environment for businesses, tourists, and the local community. Mandalika aims to become a leading tourism destination in Indonesia, recognized internationally and contributing positively to both local and national economies.


Mandalika SEZ, Indonesia's first sport tourism-themed zone, continues to enhance its appeal by hosting national and international events, including the 2024 Asia Road Racing Championship (ARRC) at the Pertamina Mandalika International Circuit. The zone's impact on the West Nusa Tenggara (NTB) region's economy, support for SMEs, infrastructure development, and job creation earned it the Best SEZ Service award. This accolade was presented by President-elect and Minister of Defense Prabowo Subianto at an event in Jakarta on 18 July 2024. The recognition reflects Mandalika SEZ's role in boosting the regional economy and its potential to drive further growth in Indonesia's tourism and service sectors.

Source: https://www.kompas.com/properti/read/2024/07/29/150000721/paruh-pertama-2024-kek-mandalika-serap-investasi-rp-722-97-miliar

 

 

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