Indonesia opens biggest state-owned industrial zone
Indonesia has launched its largest state-owned special economic zone (SEZ) in Batang, Central Java.
President Prabowo Subianto led the opening ceremony on March 20, calling it an important step for the country’s industrial growth.
The 4,300-hectare area, known as the Batang Integrated Industrial Area, is part of a business partnership between Indonesia and China called "Two Countries, Twin Parks."
The government hopes this new zone will attract big companies, bring in more investment, and create jobs for Indonesians.
President Prabowo compared the SEZ to Shenzhen, the Chinese city that became a global manufacturing hub.
According to him, Indonesia must catch up with its neighbours by building modern industrial areas that can boost the economy.
Coordinating Minister for Economic Affairs Airlangga Hartarto said he believes working closely with China will strengthen key industries and bring more investors to Indonesia.
The government sees this project as a big step toward making Indonesia a major player in the global economy.
