The land prices in Indonesia were still relatively high than in other countries in Southeast Asia
News24xx.com - The Investment Deregulation Director of the Investment and Coordinating Board (BKPM) Yuliot said that prices in Indonesia were still relatively high. As information, the price of land in Indonesia reaches USD 225 per cubic meter.
Yuliot also mentioned the need to do a mapping to measure the competitiveness of investment potential.
As a comparison, the land prices in Thailand are USD 215 per cubic meter, Philippines USD 127 per cubic meter, Malaysia USD 100 per cubic meter, and Vietnam's lowest is USD 90 per cubic meter.
Read more: Erick Thohir announced the new stimulus package which will inject a financial boost to employees of private companies
For this reason, the government sees the need to create industrial estates with competitive land prices. So that it can again be a material consideration for investors.
Yuliot explained this land would later belong to SOEs. Then there is the synergy of SOEs in the provision of infrastructure. As for the mechanism, for industries that want to enter the Batang industrial area, can rent for a certain period of time, or buy them at competitive prices.
Executive Director of the Institute for Development of Economics and Finance (INDEF) Tauhid Ahmad said the government would find it difficult to stem the increase in land prices in East Kalimantan which was recently appointed as the new capital of Indonesia.
This is because the region will certainly be visited by many business people who have glanced at the market potential there.
Land price increases will not only occur in the new capital region but also surrounding areas such as Samarinda and Balikpapan. These two regions have far more developed infrastructure and adequate public facilities.
-
Aug 07, 2020 | 05:06 pm LT
Erick Thohir announced the new stimulus package wh...
-
Aug 05, 2020 | 11:48 am LT
Severe! Because of Corona, OPEC Oil Organization i...
-
Jul 31, 2020 | 10:04 pm LT
France's economy has contracted by a record 13.8 p...
-
Jul 29, 2020 | 01:47 am LT
The Ministry of Finance explained the amendments o...
-
Jul 28, 2020 | 04:07 pm LT
Indonesia’s tourism industry to hinge on Bali’...
-
Jul 27, 2020 | 10:17 am LT
In addition to the cost of living alone, the sandw...
-
Aug 16, 2020 | 05:06 am LT
Attack of Racism; Give Salute in the style of Nazi...
-
Aug 09, 2020 | 11:50 am LT
Viral Story of an old woman in Indramayu who almos...
-
Aug 09, 2020 | 10:55 am LT
Mark Zuckerberg has joined the world's most exclus...
-
Aug 09, 2020 | 10:45 am LT
Revealed! It turns out that this is the origin of ...
-
Aug 09, 2020 | 10:42 am LT
Severe! A Woman in South Tangerang is Raped After ...
-
Aug 09, 2020 | 09:34 am LT
Dor! This Man's Intestine Explodes After Eating A ...