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ASEAN PROFILES ASEAN KEY DESTINATIONS ![]()
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China to invest Rp 3 trillion in Bitung Chinese businesspeople will invest Rp 3 trillion in the Bitung Special Economic Zone (KEK) in North Sulawesi province to develop infrastructure and the maritime and pharmaceutical industries, Governor Sinyo Harry Sarundajang said. The North Sulawesi provincial administration was ready to provide the Chinese investors with various incentives and facilities to invest in the Bitung KEK, he announced on Tuesday as reported by Antara news agency. “The Chinese investors are keen to invest in the Bitung economic zone. This means that there have been signs of life the economic zone,” he said responding to the recent visit by investors and the Chinese ambassador to Indonesia, Xei Feng. Sarundajang added that Bitung would become a special economic zone like Batam and that the local government would work to legislate pro-investment policies.
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