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Indonesia Plans a New Economic Center in East Jakarta

Sep 12, 2017

JAKARTA, Indonesia, Sep 12, 2017 (GLOBE NEWSWIRE via COMTEX News Network) -- BON Cloud reports that according to Reuters UK, the Indonesian Meikarta Satellite City Project recently completed the open tendering of a construction contract. The contract is worth as much as RMB Yuan 69.37 billion (about USD$10 billion). An earlier report by Bloomberg News stated that US tech company Apple Inc. also installed its Southeast Asia R&D center in this satellite city. All indications are that the Indonesian government is planning a new industrial town and economic center in eastern Jakarta.

Public information shows that the Meikarta Satellite City is located in Bekasi, West Java, Indonesia, where has an advantageous geographical location and convenient transportation infrastructure. It is 40 km from the capital city Jakarta, and 108 km from the fourth largest city, Bandung. At present, the Indonesian government is promoting the construction of six large-scale infrastructure projects, including the Jakarta-Bandung high-speed train, the Patimban deep sea port, the Kertajati International Airport, an APM light railway, the Jakarta-Kikampek highway, and a local monorail system connecting all industrial areas. The satellite city covers more than 5,000 local and multinational companies, as well as six modern industrial parks. It is also the heartland of the Indonesian auto industry with an annual production of more than 1 million cars and 10 million motorcycles.

As an economic observer close to the top of the Indonesian government reveals, according to the current development trend, the Meikarta Satellite City will not only become the commercial center of east Jakarta, but may even become the center of all economic activities in Indonesia. Meikarta, together with the surrounding areas, has the potential to become Indonesia's most important emerging city.

BON Cloud

(C) Copyright 2017 GlobeNewswire, Inc. All rights reserved.

SOURCE: Comtex

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