1 November 2022. By: Muhammad Ridwan and Hendra Wibawa. In days, new capital city (IKN) Nusantara project in North Penajam Paser in East Kalimantan will progress more massively after the Public Works and Housing Ministry has accelerated tenders. This week, the Public Works and Housing (PUPR) Ministry office at Blok M in Jakarta will be crowded.

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.

Construction equipment is used at the site of the Kalimantan Industrial Park Indonesia (KIPI) in Mangkupadi, Bulungan, North Kalimantan, Indonesia on Thursday, Aug. 24, 2023. The vast industrial park being built on the tropical island of Borneo that has attracted billions of dollars in foreign and domestic investment is damaging the …

The expected outcome will be REDD+ implementation in project areas of West Kalimantan province improved. The project is part of Indonesia's forest investment plan supported by the Forest Investment Program (FIP) and will complement other FIP projects administered by the World Bank and International Finance Corporation (IFC) in addressing the ...

UAE announces $10 billion investment in Indonesia on Mohamed bin Zayed's directives. Wed 24/3/2021. In implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has announced that it will invest US$10 billion with the …

Untapped Hotel Market: Kalimantan's new capital area is a blank slate ripe for hotel development. With a mere 950 rooms in the pipeline, the market is wide open for investment.

investment realization of West Kalimantan on average of 15% is quite encouraging in that year, although the value is fluctuating (Figure 1.2a). For the border, the realization of foreign

The Kalimantan region could receive $12.35 billion in investment, North Maluku could attract $9.78 billion and Sulawesi could see an inflow of $9.84 billion in battery supply chain projects, said ...

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.

The 13,000-kilometer Kalimantan Industrial Park Indonesia (KIPI) will eventually produce batteries for electric vehicles and petrochemicals. ... this opportunity to jointly develop a battery manufacturing plant in Indonesia using Australian lithium and lucrative investments to realize the potential of Indonesia's nickel reserves and large ...

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 …

A March meeting of indigenous communities from West Kalimantan discussed the downside of the provincial government's plan for a massive expansion in oil palm plantations. The gathering of around 300 people was called by the province's indigenous peoples' alliance (AMA Kalbar) to celebrate Indigenous Peoples' Day ( Hari Masyarakat …

Moreover, it is an interesting topic because there are ample opportunities for private investors. Moving the capital city from Jakarta (on the island of Java) all the way to North Penajam Paser and (partly) Kutai Kartanegara (two regencies located in East Kalimantan) involves the construction of property, roads, green zones, energy and a …

The supply of cattle in South Kalimantan comes from local livestock production and outside the province, namely NTT, East Java, and South Sulawesi. Realization of Domestic Investment in South Kalimantan reached IDR 12.3 trillion while Foreign Investment Realization reached USD 0.2 Billion in 2022. Real-time update on Beef Prices in each ...

Purpose: This study discusses 1 To determine the effect of Profit Sharing Funds, Export Value on Economic Growth, Capital Expenditure on Economic Growth investment on unemployment through Economic Growth in East Kalimantan

This study used a questionnaire as the main data collection instrument by taking a sample of 113 students majoring in economics in South Kalimantan. The results of the study reveal that financial ...

As the brand-new city will be built from scratch, plenty of room would be available to seize the abundant renewable potential in East Kalimantan. So private investment in Indonesia's renewable sector, if it can work patiently and in concert with activists, can find chances to help the nation reach the renewable mix and Paris target it …

"We have reserved 1500 acres [600 hectares] for [Dr] Forrest outside of the park, near the village of Tanah Kuning," said Rahman Putrayani from North Kalimantan Investment Board.

Investment is one of the production factors which role as an economic mobiliser in West Kalimantan. Investment could encourage the increase of production in agricultural sector, which impactto the increasing of economic growth. The role of the development in agricultural sector towards the regions economic could be seen from the contribution of ...

This page provides an overview of the corporate social responsibility (CSR) risks related to palm oil grown in Kalimantan in Indonesia. Indonesia is the world's largest producer of palm oil. In 2016, Indonesia produced 34.5 million tonnes of palm oil and exported 25.1 million tonnes. The total planted area of oil palm is estimated to be ...

However, East Kalimantan has the potential to grow its cattle production due to its abundant land and feed resources, although the production value chain will require improvements in various aspects. Realization of Domestic Investment in East Kalimantan reached IDR 39.6 trillion while Foreign Investment Realization reached USD 1.3 Billion …

Sabah & Sarawak. Wednesday, 20 Mar 2024. 3:39 PM MYT. KUCHING: Sarawak-based companies are poised to take up investment opportunities in Kalimantan in tandem with the development of the new Indonesian capital Nusantara, says Tan Sri …

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, …

The investment value of the project reaches IDR 36.5 trillion. Deputy Governor of East Kalimantan Province Hadi Mulyadi explained that the first nickel smelter factory was in Balikpapan City, precisely in the Kariangau area with an investment of IDR 6.5 trillion by PT Mitra Murni Perkasa (MMP).

You can refer to the restrictions in the Negative Investment List. A foreign investor must meet the below requirements to set up a PT PMA in Balikpapan: IDR 10 billion as the minimum investment. IDR 10 billion as the minimum paid-up capital. Use Online Single Submission System (OSS) to apply for business permits and licenses.

1 November 2022. By: Muhammad Ridwan and Hendra Wibawa. In days, new capital city (IKN) Nusantara project in North Penajam Paser in East Kalimantan will progress more …

Two Chinese polyester fibre makers are seeking Beijing's approval to build a $10 billion refinery and petrochemical complex in Indonesia, sources with direct knowledge of the matter told Reuters. The move comes as China ramps up talks on mega investments in southeast Asia as part of President Xi Jinping's Belt and Road Initiative …

From the results of the partial analysis above, it appears that investment has an important role in the growth of Sustainable Development or the Human Development Index because out of the three independent variables, only investment has a significant and positive effect, which means that: when the investment climate in West Kalimantan increases ...

Nusantara, meaning "archipelago" in Indonesian, is a planned city situated on the east coast of the island of Kalimantan (Borneo), that will become the new capital of …

In August 2019, President Widodo's plans became a bit more concrete when he said the location of the new capital would be North Penajam Paser and Kutai …

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 to ...

Domestic Investment Realization in West Kalimantan reached 9.3 trillion IDR while Foreign Investment Realization reached USD 0.7 Billion in 2022. While West Kalimantan has several ports, the main port that is currently utilized for cattle transport activities is Pontianak seaport.

The industrial zone in Tanah Kuning (North Kalimantan) will be developed on a 11,000 hectares plot of land. It will focus on the bauxite and aluminum processing industry. However, the area will also need additional infrastructure such as an international harbor. It therefore requires USD $1.5 billion worth of investment.

The government's investments in infrastructure development have led to the building of both physical and social infrastructure that can help reduce poverty in Nigeria (Ogun, 2010). ... Furthermore, Bontang City in East Kalimantan and Banjarmasin City in South Kalimantan followed with consecutive score achievements of 86.9 and 84.9. …

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.

2 East Kalimantan/Central Kalimantan border: The border between East Kalimantan and Central Kalimantan, the eastern part of the upper Barito River 3 Eastern area of Kapuas River: The region between the Kapuas River and the Barito River. 4 Lower Kedang Pahu River: The area where the Kedang Pahu River joins the Mahakam River.