Indonesia to Launch India-Focused SEZ Near Jakarta to Boost FDI

21 Jan 2025 CW Team

Indonesia is preparing to join a select group of nations by establishing a dedicated India-specific special economic zone (SEZ) designed to attract Indian investments in industries such as automotive, electronics, movie production, pharmaceuticals, healthcare, and education.

The SEZ, located just 45 minutes from Jakarta in the Jababeka Industrial Estate, will offer customized facilities and regulatory certainty to encourage Indian investors to support Indonesia's creative economy. Jababeka Group founder Setyono Djuandi (SD) Darmono emphasized the SEZ’s strategic benefits, including its predictable regulatory environment and proximity to Jakarta, making it an attractive option for Indian companies.

Darmono expressed his intention to replicate Singapore's success as a business hub, aiming for a similar model in Jababeka. He mentioned that the SEZ, with its complete infrastructure, is ready to become a strategic partner for Indian investors looking to enter the Indonesian market. He also pointed out that the Jababeka Industrial Estate is well-suited for high-tech industries, with many tenants already operating in the automotive, electronics, and pharmaceutical sectors.

Darmono recently met with Indian Ambassador to Indonesia, Sandeep Chakraborty, to discuss the potential of the India-specific SEZ. Chakraborty expressed optimism about attracting Indian investors and business partners to Indonesia and did not rule out the possibility of collaboration with Jababeka.

This development comes ahead of Indonesian President Prabowo Subianto’s visit to New Delhi next week for the Republic Day parade.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..