Offer High Incentives, Jababeka Group Interested in Investing in Vietnam's Viet Nam Economic Zone

By : Aldo Bella Putra | Friday, July 21 2017 - 06:45 IWST

5166 - Jakarta- Jababeka Group visits four provinces in Vietnam, namely Danang, Quang Nam, Thua Thien-Hue, and Quang Tri on 10-13 July 2017.

Meeting with the provincial government to discuss possible investment in urban areas, industrial estates, and modern services in this area.

Budianto Liman, President Director of Jababeka Group, expressed interest in investing in the Dong Nam Economic Zone offering high incentives. Jababeka Group itself is a pioneer of industrial estate development in Indonesia.

Currently, many projects in the Dong Nam Economic Zone are waiting for the certainty of the results of the My Thuy International Port project, which is still awaiting government approval. About 10 projects have been registered at Dong Nam Economic Zone with a total investment of VND62.3 trillion ($ 2.83 billion), focusing on port, geothermal, energy and infrastructure services.

In Thua Thien-Hue, Jababeka Group as reported by The President Post Indonesia is interested to invest in a city industrial estate project in Chan Economic Zone May-Lang Co.

Currently, the incentives offered in industrial estates in Vietnam are considered the highest. These incentives include the exemption of the Corporate Income Tax for the first four years after generating taxable income, a 50 percent reduction in the Company's Revenue Tax over the next nine years, and a 10 percent reduction of the Company's Revenue Tax for the first 15 years.

As the city's first industrial developer in Indonesia, Jababeka Group is a leading developer of industrial parks in Southeast Asia. Their well-known projects include Jababeka Industrial Estate in Cikarang, Kendal Industrial Area in Central Java, and Special Economic Area of ​​Tourism Tanjung Lesung.

News Comment

Today's Industry

President Joko Widodo

Jumat, 24 September 2021 - 20:15 WIB

Indonesia Has Enormous Potential to Become Global Maritime Axis, President Jokowi Says

Indonesia, the world’s largest archipelagic country with 17,000 islands, a coastline of more than 108,000 kilometers and the world’s largest marine biodiversity, should become the world’s…

Minister of Finance Sri Mulyani Indrawati/ Photo by: PR of Cabinet Secretariat.

Jumat, 24 September 2021 - 18:48 WIB

State Budget Performance Improves; Economic Recovery Makes Headway: Sri Mulyani

The realization of this year’s State Budget until August 2021 has shown good performance, marked by maintained growth in expenditure realization of Rp1,560.8 trillion or a growth of 1.5 percent,…

President Jokowi accompanied by Cabinet Secretary Pramono Anung to conduct a working visit to Cilacap regency, Central Java province (23/09/2021). (Photo by: Presidential Secretariat’s Press, Media, and Information Bureau/Laily Rachev)

Jumat, 24 September 2021 - 17:10 WIB

President Jokowi Kicks Off C. Java Working Visit

President Joko “Jokowi” Widodo on Thursday (23/09) accompanied by Cabinet Secretary Pramono Anung left for Cilacap regency, Central Java province for a working visit.

President Joko Widodo delivers his remarks through video conference at the 76th UNGA General Debate Session on Thursday (09/23) Western Indonesia Time. Photo by: PR of Ministry of Foreign Affairs.

Jumat, 24 September 2021 - 16:37 WIB

President Jokowi: Inclusiveness is Top Priority for Indonesia’s G20 Presidency

Indonesia will make the best endeavor to ensure that the G20 can benefit all countries, President Joko “Jokowi” Widodo has stated.

Indonesian Ambassador to the United Nations Darmansjah Djumala receives award from the IAEA and the FAO in Vienna, Austria, Monday (20/9). (Photo: PR of BRIN)

Rabu, 22 September 2021 - 19:30 WIB

Indonesia Wins Award on Food Plant Breeding from FAO, IAEA

Indonesia has received an outstanding achievement award from the Food and Agriculture Organization (FAO) and the International Atomic Energy Agency or IAEA.