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Industrial estates have been built in various regions but most of Infrastructure, licensing procedure, promotion and tax collection. The regulation is expected to improve efficiency in providing Regulation will be effective in 10 years after it was announced by the Manufacturing companies will be relocated to industrial estate. The government has set a deadline that in 10 years all Government to require manufacturing companies to move to industrial Infrastructure such as toll roads to facilitate transport especially to In addition the country still need to provide adequate Legal certainty, eliminating illegal levies and corruption and reducing
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Still has much to do to attract foreign investors such as in creating Progress in regaining the confidence of foreign investors, which areĮxpected to be the main user of plots in industrial estates. The slow growth of the investment sector will affect expansion of Have left the country resulting in low occupancy rate of industrialįoreign investors want improvement of facilities and legal The investment climate at present could not contribute toĭevelopment of business in industrial estates as many foreign investors Operation to Indonesia making the country their production centers. Investors have left the country to move to other countries offering moreįavorable investment climate although many have also moved their Indonesia is one of the most affected by the changes. They establish productionĬenters in some of the Asean countries to cover the big regional market. To and take advantage of the AFTA regulations.
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Many principals were forced to immediatelt revise their policy to adjust Some sector of the manufacturing industry notably automotive industry. The effects of the implementation of AFTA were felt immediately in
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Industry especially manufacturing industry in Asean including Indonesia. Trade Area (AFTA) in 2003 caused a fast change in orientation of International trade in the world and the implementation of Asean Free Industrial estates hit by impact of global trade Liberalization of APA style: Development of industrial estate in the greater Jakarta area.Development of industrial estate in the greater Jakarta area." Retrieved from MLA style: "Development of industrial estate in the greater Jakarta area." The Free Library.
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