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INDUSTRY

Arun Special Economic Zone to Start Operating This Year

The Arun Lhokseumawe Special Economic Zone (SEZ) is expected to be operational this year, delayed from its original execution target of end of 2017. The Aceh provincial government is preparing the establishment of the Arun SEZ administrator, as part of requirements for the completion of institutional and human resources.

Irwandi Yusuf, Aceh Governor and Chairman of the Special Economic Zone Council in Aceh, said the tasks and authority of the Investment Coordinating Board (BKPM) and the Ministry of Trade would be delegated to the administrator of Arun SEZ at the end of February. He also expects the trade ministry to provide more detailed socialization about the facilities and incentives for Arun SEZ.

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