印尼投资机遇-Discover Indonesia Business and Investment Opportunities in Indonesia

DiscoverIndonesia:

BusinessandInvestment

OpportunitiesinIndonesia

ELMOWIRATAMA

INDONESIAINVESTMENTPROMOTIONCENTER(IIPC)

Greece–20June2023

InvestmentUpdates:

WhyInvestinIndonesia?

Indonesia’sInvestmentAttractiveness

Political,legalandpolicystability

Incrediblyabundantnaturalresources

TheLargestPopulationinASEANand4thintheWorld

Potentialinvestmentinrenewableenergy

Therapidgrowthofthenew

middleclass

Theworld's3rdlargest

carbonstockpotential

Other

s

14%

Indonesia36%

Malay

sia

12%

Thail

Vietnam

12%

Singapore11%

GDPNominal

$3.9bn

and15%

ASEANMemberStates

ASEANPopulationandGDPNominalin2022

AttheheartofASEAN,Indonesiarepresents

41%populationand36%economyoftheregion.

IndonesiaisagatewaytoSoutheastAsiaasasinglemarket.

Collectively,ASEAN*offers678millionofgrowingmarketandUS$3.9billionofeconomy.

Others

Indonesia41%

Thail

678mn

Population

Vietnam

15%

Philippines

17%

9%Myan

mar

8%

and10%

ASEANSingleMarket

TheASEANEconomicCommunity(AEC)envisionsASEANasasingle

marketandproductionbasecharacterizedbyfreeflowofgoods,

services,andinvestments,aswellasfreerflowofcapitalandskills.

Tariffratesforover96%oftradedproductsamongtheASEAN

countriesarezero.

*)ASEAN:AssociationofSoutheastAsianNation.Source:IMFandASEAN,2022.

Investmentissupportedbymanufacturingandservicesectors.

Investmentindownstreamindustryofbasicmetalalmosttripledin3years,2019-2022.

2019

2020

2021

2022

No

Sector

IDR(T)

%

No

Sector

IDR(T)

%

No

Sector

IDR(T)

%

No

Sector

IDR(T)

%

1.

Transportation,

warehouseand

telecom

139,0

17,2

1.

Transportation,

warehouseand

telecom

144,8

17,5

1.

Basicmetalandnon-machineryindustry

117,5

13,0

1.

Basicmetaland

non-machinery

industry

171,2

14,2

2.

Electricity,gasandwater

126,0

15,6

2.

Electricity,gasandwater

102,0

12,3

2.

Housing,industrialestateandoffice

117,4

13,0

2.

Mining

136,4

11,3

3.

Transportation,

warehouseand

telecom

134,3

11,1

3.

Housing,industrialestateandoffice

71,1

8,8

3.

Basicmetalandnon-machineryindustry

94,8

11,5

3.

Transportation,

warehouseand

telecom

107,4

11,9

4.

Basicmetalandnon-machineryindustry

61,6

7,6

4.

Housing,industrialestateandoffice

109,4

9,1

4.

Housing,industrialestateandoffice

76,4

9,2

4.

Electricity,gasandwater

81,6

9,1

5.

Chemicalandpharmaindustry

93,6

7,8

5.

Mining

59,5

7,4

5.

Construction

71,0

8,6

5.

Mining

81,2

9,0

•In2022,investmentinthemetalindustryreachedIDR171.2trillion,anincreaseof46%comparedto2021.Thistrendistheimpactofpoliciesondownstreamingnaturalresources(inthiscaseminerals)inrecentyears.

•Ifwecompareitwithinvestmentfiguresin2019,thecontributionofthemetalindustryjumpedfrom7.6%to14.2%ofthetotalrealizedvalueofinvestmentinIndonesia.

•Inrupiahterms,investmentrealizationinthemetalindustryhasalmosttripledin3years,fromIDR61.6trillion(2019)toIDR171.2trillion(2022).

Source:MinistryofInvestment/BKPM,2023.

Source:KementerianInvestasi/BKPM,2023

OtherServices

Hotel&Restaurants

OtherServices

Trade&Repair

Greece’sInvestmentRealizationinIndonesia

Top-5in2020

(inUSDThousands)

Primary

0%

Secondary

0%

Tertiary

215,2

100%

215.2

100%

556,4

30,2%

176,7

9,6%

159,5

8,7%

101,6

5,5%

SecondarySectordominating

Top-5in2021

(inUSDThousands)

Primary

0%

Secondary

0%

Tertiary

1.324,7

100%

OtherServices

Hotel&Restaurants

Trade&Repair

RealEstate,

IndustrialEstate&

BusinessActivities

620,7

46,9%

411,0

31,0%

288,2

21,8%

4,8

0,4%

-

5,0%

Top-5in2022

(inUSDThousands)

Primary

0%

Secondary

0%

Tertiary

157.3

100%

106,0

67,4%

32,4

20,6%

18,9

12,0%

-

8,8%

-

8,3%

GREECE’SINVESTMENTTRENDININDONESIA

2019

RankCountryFDI(US$M)

1Singapore6.509,6

2

China

4.744,5

3

Japan

4.310,9

4

Hongkong

2.891,0

5

Netherland

2.596,8

6

Malaysia

1.357,5

7

South

Korea

1.070,2

8

United

States

989,3

9

BritisVirginIslands

743,8

10

Australia

348,3

56Greece0,74

2019-2022

2021

2020

RankCountryFDI(US$M)

1Singapore9.779,1

2

China

4.842,4

3

Hongkong

3.535,9

4

Japan

2.588,0

5

South

Korea

1.841,9

6

Netherland

1.422,4

7

Malaysia

1.045,3

8

United

States

749,7

9

Taiwan

454,3

10

Australia

348,6

59Greece0,22

RankCountryFDI(US$M)

1Singapore9.390,1

2

Hongkong

4.609,3

3

China

3.160,4

4

United

States

2.537,2

5

Japan

2.263,2

6

Netherland

1.761,6

7

South

Korea

1.640,2

8

Malaysia

1.364,3

9

Bermuda

674,4

10

Switzerland

599,8

51Greece1,33

Source:MinistryofInvestment/BKPM,2023.

2022

RankCountryFDI(US$M)

1Singapore13.821,1

2

China

8.226,0

3

Hongkong

5.514,2

4

Japan

3.562,8

5

Malaysia

3.343,3

6

United

States

3.026,3

7

South

Korea

2.297,8

8

Netherland

1.220,2

9

Bermuda

954,7

10

United

Kingdom

628,3

86Greece0,16

Source:MinistryofInvestment/BKPM.

Asstrategicpartners,opportunityforEUinIndonesiaiswideopen

EUisaglobalhubforgreentechnologytoencourageenergytransition.

AdditionalCapexfromEUCountriesinIndonesia

(US$Million)NotIncludingFinancial,UpstreamOilandGasSectors

No

EUCountry

2018

2019

2020

2021

2022

Total

1

Netherlands

943,1

2.596,8

1.422,4

1.761,6

1.220,2

7.944,1

2

Germany

280,4

189,3

143,6

182,3

195,5

991,1

3

Luxembourg

134,3

126,0

209,2

144,6

64,5

678,5

4

France

49,6

167,4

25,1

145,8

252,9

640,7

5

Belgium

216,4

86,8

27,0

55,5

73,2

458,9

6

Austria

71,4

19,7

1,2

63,3

67,4

223,1

7

Italy

32,1

27,4

12,7

37,6

26,9

136,7

8

Sweden

16,8

26,3

5,0

9,2

59,4

116,7

9

Hungary

1,9

0,8

1,6

2,0

84,5

90,7

10

Irland

0,6

25,4

15,4

31,8

1,5

74,7

29

Greece

Total

0,73

1.781

0,74

3.301

0,21

1.879

1,32

2.479

0,16

2.098

3,16

11.538

8

Source:TheObservatoryofEconomicComplexity,2023

1:Germany

2:Italy

$1.33B

(9.6%)

$3.05B

(22.1%)

5:UnitedKingdom

4:Netherlands

$130M

(0.9%)

$0.99B

(7.2%)

Europecover$13.7B(8.2%)oftotalimportofIndonesiain2021

Greececontributes$130Mandmorethan90%areinthetop5commodities

5LargestImportPartnersofIndonesiafromEurope,2021

3:France

$1.10B

(7.9%)

18:Greece

$1.00B

(7.2%)

Top-10ImportProductsfromGreece,2021

RankProductsValue(USD)Share

1Textiles76.8mio59.14%

2Metals14.2mio10.92%

3Machines9.0mio6.91%

4ChemicalProducts8.9mio6.88%

5Foodstuffs9.0mio6.16%

6

PaperGoods

4.5mio3.46%

7VegetableProducts3.2mio2.44%

8

StoneAndGlass

2.3mio1.75%

9MineralProducts

1.1

mio

0.83%

10PlasticsandRubbers0.8mio0.60%

11Others

1.2mio0.92%

9

Source:TheObservatoryofEconomicComplexity,2023

IndonesiaexportedproductstoEuropeancountries$25.9Bin2021.

Indonesia’sTotalExporttotheEurope,2021

Rank

Commodity

Value($)

Share

1

AnimalandVegetableBi-Products

6.7bio

26.0%

2

Machines

2.6bio

10.2%

3

Metals

2.3bio

8.8%

4

Textiles

2.2bio

8.6%

5

FootwearandHeadwear

2.0bio

7.7%

6

PlasticsandRubbers

1.8bio

6.8%

7

Foodstuffs

1.4bio

5.6%

8

ChemicalProducts

1.2bio

4.6%

9

Miscellaneous

0.9bio

3.6%

10

MineralProducts

0.8bio

3.2%

Others

3.9bio

14.9%

Indonesia’sExporttoGreece,2021

Rank

Commodity

Value($)

Share

1

AnimalandVegetableBi-Products

106.1mio

31.9%

2

PaperGoods

80.8mio

24.3%

3

Foodstuffs

26.8mio

8.0%

4

PlasticsandRubbers

23.6mio

7.1%

5

FootwearandHeadwear

19.9mio

6.0%

6

Textiles

16.8mio

5.1%

7

Machines

15.0mio

4.5%

8

Transportation

13.0mio

3.9%

9

Miscellaneous

8.6mio

2.6%

10

VegetableProducts

6.3mio

1.9%

Others

16.0mio

4.8%

IndonesiaInvestmentOpportunities:

Greenandlowcarboninvestmentispartofstrategytotransformtheeconomy.

Indonesiaalsofocusesonsectorsthatcreatemultipliereffects.

Indonesia’s6MainStrategiesofEconomicTransformation

GreenandLow

Carbon

Economy

Increased

Economic

Productivity

NationalCapitalRelocation

DigitalTransformation

Domestic

Economic

Integration

HRDevelopment

GreenandLowCarbonEconomyisoneofthemainstrategiesthathavebeenlinedupbyPresidentJokoWidodotorealizemedium-long-termeconomictransformation,whichisachievedthroughtheLowCarbonDevelopmentframework.

InvestmentPrioritySectors

Labor-IntensiveIndustry

Export-OrientedIndustry

RenewableEnergy

Infrastructure

DigitalEconomy

Value-Adding

Industryto

Natural

Resources

Source:MinistryofNationalDevelopmentPlanning/Bappenas,MinistryofInvestment/B1PM,2021.

13

Nickel

ProcessingofNickeltomakethebatteryforelectricvehicles

InvestmentCollaboration

withState-Owned

EnterpriseandNational

PrivateSectorinthe

precursor,cathode,and

electricbatteriesindustries

Location:

CentralSulawesi,NorthMaluku,CentralJava

Commodity:

Coal

GasificationofCoal

intoDimethylEther

(DME)

Investmentplanin

collaborationwithState-

ownedAndNational

PrivateSectorinCoal

gasificationindustryandits

derivatives

Location:

TanjungEnim,South

Sumatra

Commodity:

Naturalgas

ProcessingnaturalgasintomethanolandFertilizer

State-ownedandNational

PrivateSectorinvestment

inthenaturalgas

processingindustryinto

MethanolandFertilizerin

Fakfak,WestPapuaand

Bojonegoro,EastJava

Location:

WestPapuaand

EastJava

Commodity:

Downstreamingindustryofnaturalresourcescoversvariedofcommodities.

Multipliereffectsarealsoencouragedfromjobcreation,exports,andtech/skilltransfer.

IndustrializationDown-

streamingforFood

Sector

Thefoodsectorisableto

createmanynewjobsand

alsocreateneweconomic

growthareas.

Location:EasternIndonesia

Commodity:

Food

InvestmentClimate:

SupportiveGovernment,RegulationsandIncentives

OSS:OnlineSingleSubmission.Source:MinistryofInvestment/BKPM,2023.16

79lawshavebeenrevised

Throughasinglelaw(OmnibusLaw

UU6/2023)whichregulatesvarious

sector(11clusters)

WHYINDONESIA

Improvedinvestmentregime,strengthenedcoordination

Moreopenpoliciesforinvestmentsandsupportsfromallstakeholderstoaddresshurdles.

Harmonizationandsimplificationofregulations,

alsoimprovementoflegalcertainty

Job

Creation

Law

Centralizedinvestmentauthority

Theauthoritytoissuebusiness

licensesisdelegatedtothe

MinistryofInvestment/BKPM

andtheissuanceisthroughOSS*System,consistof16sectors.

Openfor100%foreignownership

Allbusinessfieldsareopen100%forbothFDIandDDI,exceptmentionedinPresidentialRegulationNo.49/2021onBusinessFieldsforInvestment.

Lowminimumpaid-upcapitalforFDI

Minimumpaid-upcapitalofIDR10billion(~US$700,000)forForeignDirectInvestment(FDI).

Investmentlicenseswithrisk-basedapproach

Not“onesizefitsall”:Simplerlicensesforbusinessactivitieswithlowerrisk,processedthroughonlinesinglesubmissionsystem(OSS)forinvestment.

LowerCorporateIncomeTax

22%CITforcompaniesnon-listedor19%CITforcompanieslistedinIndonesiaStockExchange(IDX).

Before2020

25%

2020onwards

22%

17

BusinessProcessforRisk-BasedBusinessLicensing

18

Indonesiaalsoofferscompetitiveincentivesforinvestment.

TaxHoliday(PP12/2020&PMK237/PMK.010/2020)

TaxAllowance(PP78/2019)

100%

5-20years.50%additionalreductionofCITfor2years.Eligibleforpioneerindustriesormeetingpioneerindustrycriteria.

50%MiniTaxHoliday:CITreductionby50%for

investmentvaluedatIDR100billionormoreforperiodof5years.25%additionalreductionofCITfor2years.

30%

Reductionofcorporateincometaxby30%oftheinvestmentvaluefor5yearsforinvestmentincertainbusinessfieldsand/orregions.

Accelerateddepreciationandamortizationontangibleassetsorintangibleassets.

Incometaxondividendat10%orapplicablelowertaxtreatyrate.Extensionoflosscarryforwardperiodfor5-10years.

ImportDutyExemption

SuperTaxDeduction(PP45/2019)

Importdutyexemptionforimportsofmachinery,goods.andmaterialsforindustryandserviceindustries.

•2yearsimportdutyexemptionor

•4yearsforcompaniesusinglocally-producedmachines(minimum30%).

(PMKNo.176/PMK.011/2009&No.188/PMK.010/2015)

200% 60%300%

Reductionofgrossincomesubjecttoincometaxupto200%ofthecostofeducationalactivities.

Reductionofnetincometax60%oftotalinvestment(newbusinessorexpansion)infixedassetsforlabor-intensiveindustries.

Reductionofgrossincomesubjecttoincometaxupto300%ofthecostofR&Dactivities.

19

Assisting

financialclosing

Promoting

investment

opportunitiesand

investmentclimatein

Indonesia

Facilitatingto

addressthehurdles

untilproduction

stages

Bridgingwith

potentialpartners

andrelated

stakeholdersin

Indonesia

MinistryofInvestment/BKPMprovidesend-to-endservices

Frompromotiontoproduction,startedininvestors’homecountry(providedbyIIPC*)

Assistingthrough

theprocedureand

licensingprocessin

Indonesia

*)IIPCistheIndonesiaInvestmentPromotionCenter,representativeofficesofMinistry

ofInvestment/BKPMin9majorcities,includingLondonthatalsocoverEurope.IIPCs

workscloselyandundercoordinationofIndonesianEmbassies/ConsulateGenerals.

ThankYou

Ευχαριστώ

MinistryofInvestment/BKPM

21

Kali

mantan

Jakarta

ThecurrentcapitalofIndonesia

AreaScopeofNewCapital“Nusantara”(IKN)

DevelopmentZoneofIKN

IKNZone

GovernmentCoreArea

MarineArea

Land256,142Ha

TotalAreaofIKN

Water68,188Ha

324,332Ha

22

Source:MinistryofPlanning/Bappenas,2022

Ecotourism&wellnesstourismNatureandwildlifetourism

InvestmentOpportunitiesinNusantara

PriorityinvestmentinKIPPIKNtargetedforcompletionin2024

TheGovernmentCore(KIPP)RegionalInfrastructureIndustryandEconomicCluster

BasicInfrastructure

ProvisionofsafedrinkingwaterLiquidwastemanagementSolidwastemanagementProvisionofrawwatersupplyHousing

EnergyDevelopment

Solarpowerplantdevelopment

FloatingPhotovoltaiconSemoiSepakuDam

Transportation

BRTsystem

IntelligentTransportSystem&TransitSystem

Urbanfreighttransport

Transportation

AccessTollroad

AirportExpressLine

KariangauandSemayangPortsDevelopment

NewCapitalCityAirport

development

SmartCityandDigitalHubInclusiveecotourism&Wellness

Industry4.0forexistingindustry

SmartCitytechnology

Educationinthe21stCentury

VocationalHighSchool

STEMInstitute

Compulsoryeducation(12years)

SustainableAgriculture

Plant-basedprotein

Plantextraction

Herbalproductsandnutrition

Integratedpharmaceutical

Activepharmaceuticalingredient

Biosimilar

Urbantourism/multi-purposeshotels

Medicaltourism

AdvancedChemicalIndustry

Petrochemicals

Oleochemicals

Next-genRenewableEnergy

TVcellassembly

2-Welectricvehicleassembly

Low-carbonenergy

Biofuels

Electrification,Digitalization,andminingrehabilitation

PriorityinvestmentinKIPPIKNtargetedforcompletionin2024

InternationalHospital

IntegratedEducationFacility

OfficeandServiceArea

MixedUsed,CommercialUse

ResidentialFacilities

Appendix:

ListofInvestmentProjects

Ready-to-Offer

24

69Ready-to-OfferSustainableProjectswithPre-FS

regionalinvestment.bkpm.go.id

25

Summaryof2SustainableInvestmentProjectsinEnergySector

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

1

CiharaDistrict

LebakRegency,

BantenProvince

SolarPowerPlant

€25,0mio

NPVEUR9,438,806

IRR13.02%

PaybackPeriod6.6years

2

PemaluanVillage,Sepaku

District

NorthPenajamPaserRegency,EastKalimantanProvince

SolarPowerPlant

€28,9mio

NPVEUR6,459,736

IRR11.05%

PaybackPeriod7.1years

26

Summaryof6SustainableInvestmentProjectsinInfrastructureSector

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

1

BitungHarbor,North

Sulawesi

Bitung,North

Sulawesi

BitungInternationalPort

€2.412,1mio

NPV:Rp2,93trillion;IRR:9,5%;

PaybackPeriod:30years

2

SorongHarbor,West

Papua

Sorong,WestPapua

PassengerPortandPeople'sPort

€338,5mio

NPV:Rp174billion;IRR:11,5%;

PaybackPeriod:20years

3

SouthJakarta,DKIJakarta

SouthJakarta

ElectricVehicleSupportFacilities

€4,2mio

NPV:Rp21,6billion,IRR:10,7%,

PaybackPeriod:10,2years

4

KulonProgo,DI

Yogyakarta

KulonProgo

YogyakartaIntegratedWarehousingArea

€17,0mio

NPV:Rp76,6billion,IRR:12,6%,

PaybackPeriod:13,6years

5

Mojokerto,EastJava

Mojokerto

ConstructionofDawarblandongWasteandHazardousandToxicWasteProcessingCenter

€181,3mio

NPV:Rp187,8billion,IRR:15,8%,

PaybackPeriod:6,2years

6

Denpasar,Bali

Denpasar

LNGTerminalandRegasificationatBenoaPort

€100,6mio

NPV:Rp384,8billion,IRR:13,86%,

PaybackPeriod:11,7years

27

Summaryof26SustainableInvestmentProjectsinIndustrialSector(1/4)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

1

TanjungBalaiKarimunSmelterIndustry,RiauIslands

Karimun,RiauIslands

AluminaSmelter

€477,3mio

NPV:Rp4,6trillion;IRR:9,22%;

PaybackPeriod:11years

2

SmelterIndustryinWest

Kotawaringin,Central

Kalimantan

WestKotawaringin,CentralKalimantan

IronOreSmelter

€99,9mio

NPV:Rp891,7billion;IRR:9,84%;

PaybackPeriod:11years

3

KotabaruSmelterIndustry,SouthKalimantan

Kotabaru,South

Kalimantan

IronOreSmelter

€392,1mio

NPV:Rp1,37trillion;IRR:12,7%;

PaybackPeriod:11,6years

4

TanahBumbuSmelterIndustry,SouthKalimantan

TanahBumbu,SouthKalimantan

IronOreSmelter

€343,0mio

NPV:Rp9,8trillion;IRR:10,79%;

PaybackPeriod:7,08years

5

EastHalmaheraSmelter

Industry,NorthMaluku

EastHalmahera,NorthMaluku

NickelSmelter

€543,2mio

NPV:Rp8,1trillion;IRR:11,25%;

PaybackPeriod:10years

6

NorthKolakaSmelterIndustry,SoutheastSulawesi

NorthKolaka,SoutheastSulawesi

NickelSmelter

€423,8mio

NPV:Rp8,2trillion;IRR:12,54%;

PaybackPeriod:7years

7

NorthMorowaliSmelter

Industry,CentralSulawesi

NorthMorowali,

CentralSulawesi

FerroNickelSmelter

€324,5mio

NPV:Rp1,19trillion;IRR:13,47%;

PaybackPeriod:8,66years

28

Summaryof26SustainableInvestmentProjectsinIndustrialSector(2/4)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

8

PadangPariaman,WestSumatra

Padang

Pariaman

NaturalTextileDyeIndustryMadefromGambir

€11,7mio

NPV:Rp48,8billion,IRR:15,7%,

PaybackPeriod:6,4years

9

PolewaliMandar,

WestSulawesi

Polewali

Mandar

CocoaPowderandCocoaFatProcessingIndustry

€59,4mio

NPV:Rp481,8billion,IRR:17,2%,

PaybackPeriod:7,4years

10

Gorontalo,

Gorontalo

Gorontalo

IntegratedCoconutProcessingIndustryAgglomerationThroughGreenIndustry

€39,9mio

NPV:Rp242,69billion,IRR:17,8%,

PaybackPeriod:6years

11

Jayapura,Papua

Jayapura

PapuanCoffeeProcessingIndustryWamendaSpecialtyCoffeeArabicaRoastedBean&PapuaCendrawasihPowderCoffee

€21,8mio

NPV:Rp158,15billion,IRR:11,7%,

PaybackPeriod:6,3years

12

Jayapura,Papua

Jayapura

Papua'sIntegratedSagoStarchIndustry

€41,0mio

NPV:Rp183billion,IRR:12,6%,Payback

Period:9,5years

13

Fak-Fak,WestPapua

Fak-Fak

DevelopmentofIntegratedNutmegPlantationwithPlantationProductProcessingIndustry

€114,3mio

NPV:Rp7,3trillion,IRR:18%,Payback

Period:12years

14

Bekasi,WestJava

Bekasi

IndustryofBrakeSystemandSuspensionSystemComponentsforMotorVehicles

€141,8mio

NPV:Rp99,4billion,IRR:14,5%,Payback

Period:7,3years

15

Sumenep,EastJava

Sumenep

DevelopmentofSaltDownstream-BasedSodaAshIndustry

€191,3mio

NPV:Rp605billion,IRR:11,7%,Payback

Period:7,2years

29

Summaryof26SustainableInvestmentProjectsinIndustrialSector(3/4)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

16

GresikSpecialEconomicZone(SEZGresik),JavaIntegratedIndustrialandPortEstate(JIIPE)

Gresik,EastJava

AgricultureMachineryIndustry

€48,8mio

NPV:Rp426,37billion,IRR:20,1%,

PaybackPeriod:5years

17

MedanIndustrialEstate

Deliserdang,NorthSumatera

NaturalRubber-basedMedicalDeviceIndustry

€22,8mio

NPV:Rp305,7billion,IRR:20,07%,

PaybackPeriod:5,1years

18

KertajatiInternationalIndustrialEstateMajalengka(KIEM)

Majalengka,

WestJava

NaturalRubber-basedAircraftTireIndustry

€169,5mio

NPV:Rp113,6billion,IRR:12,75%,

PaybackPeriod:9,75years

19

GayamIndustrialDesignatedArea

Bojonegoro,

EastJava

BioethanolIndustry

€174,5mio

NPV:Rp659,44billion,IRR:12,8%,

PaybackPeriod:7,6years

20

KetapangIndustrialZone

Ketapang,

West

Kalimantan

High-PurityAluminiumIngotIndustryasElectronicComponentsRawMaterial

€278,3mio

NPV:Rp4,6Trilion,IRR:14,46%,

PaybackPeriod:6,9years

21

PTGaramManyar,Gresik

Regency

Gresik,EastJava

PharmaceuticalSaltSelf-Industry

€37,8mio

NPV:Rp73billion,IRR:14,52%,

PaybackPeriod:6years

22

KIGreenlandInternationalIndustrialCenter(GIIC)

Bekasi,West

Java

ElectricMotorIndustryForElectricVehicles

€23,2mio

NPV:Rp180,98billion,IRR:17,5%,

PaybackPeriod:6years

30

Summaryof26SustainableInvestmentProjectsinIndustrialSector(4/4)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

23

ModernCikande

IndustrialEstate

Serang,Banten

SolarPanelIndustry

€62,8mio

NPV:Rp1.36trillion,IRR:18,38%,

PaybackPeriod:4,5years

24

TibawaPulubalaIndustrialDesignatedArea,GorontaloRegency

Gorontalo,

Gorontalo

AnimalFeedIndustry

€49,5mio

NPV:Rp501,98billion,IRR:16,62%,

PaybackPeriod:7,6years

25

GresikSpecialEconomicZone(SEZGresik),JavaIntegratedIndustrialandPortEstate(JIIPE)

Gresik,EastJava

CopperProcessingIndustry

€1.067,7mio

NPV:Rp7.1triliun,IRR:15,99%,

PaybackPeriod:11,3years

26

BintanIntiIndustrial

Estate

Bintan,RiauIslands

IndustriWinginGround

€54,5mio

NPV:Rp324,17billion,IRR:15,21%,

PaybackPeriod:10,7years

31

Summaryof12SustainableInvestmentProjectsinTourismSector(1/2)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

1

DPPBorobudur

Magelang

TransitoHotel&

Convention

€18,5mio

NPV:Rp70billion;IRR:17,4%;

B/CRatio:1,5;PaybackPeriod:8years

2

DPPLombok-Mandalika

Central

Lombok,NTB

MandalikaConventionHall,HotelandResort

€29,1mio

NPV:Rp59,1billion;IRR:19,71%;

PaybackPeriod:5,85years

3

DPPLabuanBajo

West

Manggarai,

NTT

TheKelor’sGateway

Hotels&Villas

€25,9mio

NPV:Rp656,8billion;IRR:12,82%;

B/CRatio:2,67;PaybackPeriod:7,77years

4

DPPWakatobi

Wakatobi,

Southeast

Sulawesi

CottagebyTheBeach

€3.118,9mio

NPV:Rp48,37billion;IRR:13,09%;

B/CRatio:1,96;PaybackPeriod:5,01years

5

DPPManado-Likupang

NorthMinahasa,NorthSulawesi

DevelopmentofTourismAreaonSurawayaBeach

€57,7mio

NPV:Rp30,06billion;IRR:10,81%

B/CRatio:1,18;PaybackPeriod:5,67years

6

DPPRajaAmpat

RajaAmpat,

WestPapua

LiveonBoardEduEco

Tourism

€1,7mio

NPV:Rp43billion;IRR:13,84%;

B/CRatio:2,21;PaybackPeriod:9,2years

32

Summaryof12SustainableInvestmentProjectsinTourismSector(2/2)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

7

KSPNBandaneiraanditssurroundings,Maluku

CentralMaluku

RhunIslandBredaPalaResort

€12,4mio

NPV:Rp83,82billion,IRR:12,15%,PaybackPeriod:10,92years

8

DPPMorotai,North

Maluku

MorotaiIsland

TheDehegilaResort:

TraditionalStyleMeets

ModernAesthetics

€7,9mio

NPV:Rp16,26billion,IRR:12%,PaybackPeriod:8,5years

9

DPPTobaLake,North

Sumatra

Samosir

TobaResortandNaturalPark

€15,2mio

NPV:Rp96,83billion,IRR:13%,PaybackPeriod:7,92years

10

DPPBangkaBelitung,BangkaBelitungIsland

Bangka

4-StarResortandConventionCenter

€19,1mio

NPV:Rp266,69billion,

IRR13,18%,PaybackPeriod:7,25years

11

KEKTanjungLesung,

Banten

Pandeglang

EcoLuxury5StarHotel

TanjungLesung

€108,7mio

NPV:Rp725,43billion,

IRR:12,15%,PaybackPeriod:10,25years

12

DPPBromoTengger

Semeru,WestJava

Lumajang

TumpakSewuLeisurePark

€59,9mio

NPV:Rp317billion,IRR:13,3%,PaybackPeriod:8,3years

33

Summaryof14SustainableInvestmentProjectsinEconomicZoneSector(1/2)

No

Projectlocation

Regency/City

ProjectName

IndicativeInvestmentValue

Remark

1

LadongIndustrialArea

AcehBesar,Aceh

IndustrialEstate

Development

€12,2mio

NPV:Rp102,2billion;IRR:14,75%;B/C

Ratio:1,47;PaybackPeriod:8years

2

TanahKuningIndustrialArea

Bulungan,NorthKalimantan

DownstreamOilPalmIndustry

€16,4mio

NPV:Rp80,1billion;IRR:18,1%;B/C

Ratio:1,03;PaybackPeriod:7,2years

3

TanjungButon

IndustrialEstate

Siak,Riau

CPOIndustry

€14,1mio

NPV:Rp233,8billion;IRR:27,56%;

PaybackPeriod:5years

4

GalangBatangSEZ,RiauIslands

Bintan,RiauIslands

AluminumWireRodManufacturing

€248,4mio

NPV:Rp1,91trillion;IRR:18,89%;

PaybackPeriod:4,02years

5

TakalarIndustrialArea

Takalar,SouthSulawesi

Copperrecyclingindustrybyelectrolysisprocess

€191,3mio

NPV:Rp1,2trillion;IRR:27,67%;

PaybackPeriod:6,4years

6

SEZSorong

Sorong,WestPapua

Fish