Jakarta, Karawang and Bekasi no longer attractive investments

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Asean Affairs 30 October 2013

Jakarta, Karawang and Bekasi no longer attractive investments

Jakarta and its neighboring regions of Karawang and Bekasi will no longer be attractive to industrial investors in the near future, says an economist from the nation’s leading economic think tank, the National Economic Committee (KEN).

KEN Secretary Aviliani said as quoted by kontan.co.id that investors perceived that investing in Jakarta and its nearby regions had become risky due to the regions’ relatively high minimum wage.

The economist said investors would begin shifting their investment targets to regions in the central and eastern parts of Java.

Therefore, Aviliani said, it would be important for the government to start thinking about how to supply those regions with better electricity to support industrial development.

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