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.
Air Products (NYSE: APD) today announced it has signed a definitive agreement for a long-term on-site contract for a world-scale coal-to-methanol production facility in Bengalon, East Kalimantan, Indonesia. Under the long-term on-site contract, PT. Bakrie Capital Indonesia, part of the Bakrie Group, and PT. Ithaca Resources, part of …
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].
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 …
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
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.
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 …
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 ...
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 …
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 …
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.
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 …
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 …
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. ...
KUCHING: Sarawak-based companies are poised to take up investment opportunities in Kalimantan in tandem with the development of the new Indonesian …
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 ...
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.
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 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.
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 ...
Minister Bambang explained that the development of the Kalimantan region will be directed towards accelerating growth, diversifying the economy, and preserving the environment, …
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.
There are numerous smaller pockets of coal reserves on the islands of Sumatra, Java, Kalimantan, Sulawesi and Papua but the three largest regions of Indonesian coal resources are: 1. South Sumatra ... 2000s commodities boom many new coal mining companies were established in Indonesia while existing coal miners raised investment …
Investment flow into East Kalimantan is inevitable and returns on these investments are expected to be higher for early movers. This is expected to make East Kalimantan a central hub for development, with several local companies, are evaluating expansion into East Kalimantan and foreign companies with no Indonesia presence …
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.
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 Abang Johari Tun ...
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.
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 relocation of the capital from Jakarta to East Kalimantan on Borneo looks set to create major investment opportunities if approved by Parliament.
Amid the seasonal downpours and floods in Jakarta, investors are casting their eyes toward the promising prospects of Indonesia's new capital in Kalimantan. …
The Effect of Inflation, Poverty, and Investment on Sustainable Development in West Kalimantan Province
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 …
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.