In 2023, the foreign direct investment value in East Kalimantan, Indonesia reached approximately 1.3 billion U.S. dollars. With the current development of the …
Tanjung Selor (ANTARA) - The North Kalimantan provincial government is actively offering investment opportunities to local and foreign investors to invest in the maritime, oil and gas, and automotive industry sectors.
Meanwhile, domestic investment grew 39.73 percent to Rp11.43 trillion from Rp8.18 trillion, Head of the East Kalimantan Provincial Investment Licensing and Coordinating Board (BPPMD) Yadi Sabianoor said here on Friday. In total, foreign and domestic investment in East Kalimantan in the January-June 2011 period reached …
In West Kalimantan, IDH convenes major palm oil companies that have an interest in delinking palm oil from deforestation, governments and CSOs to test various production, protection and inclusion (PPI) business models including the very successful non-forest revenue-generation Village Forest commodities (like charcoal from coconut, …
East China-based Tongkun Group and Xinfengming Group are seeking Beijing's approval to construct a US$10 billion refinery and petrochemical complex in North Kalimantan Province in Indonesia.
There is a trend of decreasing the poverty rate in Indonesia. But in the Province of West Kalimantan, there are still five districts with poverty rates that are above the average national rate ...
The Effect of Inflation, Poverty, and Investment on Sustainable Development in West Kalimantan Province
Initially presented in September, the proposal involves relocating the capital from Jakarta to a 56,180-hectare area in East Kalimantan province. If the bill is passed into law by parliament this year, it will provide the legal basis for the 489 trillion rupiah project to proceed before the 2024 presidential election.
From Ideation to Progress. In 2019, President Joko Widodo first promoted plans of relocating Indonesia's capital from Jakarta on Java Island to Ibu Kota Nusantara on Borneo Island. The name Ibu Kota Nusantara, commonly referred to as IKN, means Nusantara Capital City and first surfaced in 2022 followed by the establishment of Law …
This working paper provides a first overview of Central Kalimantan's oil palm value chain and the business actors involved throughout. It aims to identify how business investment can be optimized to support socially inclusive development, delivering productivity, profitability, and sustainability gains.
Riawati, Spokesperson of The Investment Center of East Kalimantan, said that the central government puts a great emphasis on the growth of East Kalimantan, making it as one of the most foreign ...
Ekuilibrium: Jurnal Ilmiah Bidang Ilmu Ekonomi Vol. 18, No. 1 (2023): March, pp. 83-93 Economic Faculty, Universitas Muhammadiyah Ponorogo p-ISSN 1858-165X / e-ISSN 2528-7672 Reviewing the Role of Investment in the West Kalimantan Border Dian Anggraeny Rahim Faculty of Economics, Darma Persada University, Taman Malaka …
The effect of investment, education level, and government spending on economic growth and labor absorption in East Kalimantan Province, Indonesia
The relocation of the capital from Jakarta to East Kalimantan on Borneo looks set to create major investment opportunities if approved by Parliament.
The relocation of the capital from Jakarta to East Kalimantan on Borneo looks set to create major investment opportunities if approved by Parliament. In August 2019 President Joko Widodo, better known as President Jokowi, stated that 20% of the estimated $33bn required for the development would be supplied by the state, leaving 80% open
West Kalimantan has the largest bauxite reserves in Indonesia. "We encourage them to invest in the bauxite and silica sand downstream industry," he remarked. Darsono noted that the investment climate in Indonesia, including in West Kalimantan Province, is very supportive, as the licensing process is carried out online …
CONCLUSSIONS Based on the results of research that has been done, then the conclusion in this study are Partially, Inflation and poverty have insignificant effect on Sustainable Development in West Kalimantan …
The collective partnership between the three regions stated will become a catalyst for East Kalimantan's further development. ... Building the infrastructure for the Three Cities ecosystem, becoming the number 1 destination for Foreign Direct Investment for the country's priority economic sectors, and becoming part of the Top 5 main tourism ...
Governor of East Kalimantan, Akmal Malik, encouraged Chinese companies to invest in building a biodiesel plant in East Kalimantan, emphasizing the region's significant palm oil production potential. The offer was conveyed during his recent visit to Huangshan, Anhui Province, China, as part of the Sister-Province Cooperation (Kaltim …
KUCHING: Sarawak-based companies are poised to take up investment opportunities in Kalimantan in tandem with the development of the new Indonesian …
GRDP 2015 -2019 During 2015 to 2019 investment conditions were highly volatile and unstable. The average FDI in Central Kalimantan Province is $2,888.83 Million US.
This study discusses the investment plan on pioneer flight business in Indonesia. The purpose of this study is to know the feasibility of investment plan to purchase N-219 aircraft to be implemented by PT Pelita Air Service for pioneer flight business in North Kalimantan. The study is conducted by using capital budgeting method.
Also read: Invest in Bali: A Guide to Exploring Investment Opportunities. Kalimantan. As the Indonesian government plans to move the country's capital city to Ibu Kota Negara (IKN) in Kalimantan, the region is set to experience significant growth and development. This ambitious project opens doors for investment in infrastructure, real …
Minister Bambang explained that the development of the Kalimantan region will be directed towards accelerating growth, diversifying the economy, and preserving the environment, …
Furthermore, the second smelter factory is located in Penjangan, Sanga Sanga District, Kutai Kartanegara with an investment of IDR 30 trillion by PT Kalimantan Ferro Industry (KFI). "We believe that the existence of this smelter factory will be able to improve the welfare of the people of East Kalimantan and even Indonesia.
But of course Nusantara is the city that will drive more investment into Kalimantan," David Gaveau, founder of TheTreeMap, an initiative studying the impacts of deforestation on climate change ...
North Kalimantan | Australia risks ... Australia risks missing out on a bonanza, as Chinese and Indonesian oligarchs rush in, warns David Halpert, chief investment officer of the Penataran Group ...
Amid the seasonal downpours and floods in Jakarta, investors are casting their eyes toward the promising prospects of Indonesia's new capital in Kalimantan. …
This includes the expansion and upgrade of the Trans-Kalimantan Highway, meant to promote and shape future investments, particularly in logging, mining, and palm oil.
East Kalimantan currently accounts for 1% of Indonesia's GDP, which is expected to increase several folds. Private investments would pick up as it plays a central role in administration and governance.
Total value of foreign direct investment in East Kalimantan in Indonesia from 2014 to 2023 (in million U.S. dollars) [Graph], Statistics Indonesia, February 28, 2024. [Online].
that supports decision-making in investments into coal resources in Kalimantan. This study investigated the current status of infrastructure developments, the factors that hindered the infrastructure developments, and the …
Kalimantan is the Indonesian part of the island of Borneo, located in Southeast Asia. It is the third-largest island in the world and is divided between Indonesia, Malaysia, and Brunei. ... Buying property to retire, or as an investment, has also become more of interest locally and internationally. The Kalimantan tourism, travel and destination ...
Meanwhile, Kalimantan accounts for 5.8% of the population and contributes 8.2% of GDP. ... channels 93% of its investment to Java. Only 1% currently goes to Kalimantan.
Russia reportedly to invest $34m in East Kalimantan railway, infrastructure – [25/09/15] "Russia's biggest rail and locomotive company, Russian Railways, earlier completed a feasibility study to build tracks stretching almost 190 kilometers from West Kutai to Balikpapan – Indonesia's coal and oil hubs, respectively. ...
The food estate program is a project implemented by the government as an investment in the food crops sub-sector with an area of <165 thousand hectares in West Kalimantan, which is carried out ...
The findings of this research were, first, private investment had significant effect on production added value, with a positive relation. Second, private investment had significant effect on employment absorption, with a positive relation. Third, production added value had significant effect on employment absorption, with a positive relation.
