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Indonesia’s Gresik SEZ Records $6.4 Billion Investment Amid Expansion Plan

Antara
June 15, 2026 | 12:20 pm
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Freeport Indonesia's smelter at the Java Integrated Industrial and Port Estate, Gresik Special Economic Zone, in East Java. (File Photo)
Freeport Indonesia's smelter at the Java Integrated Industrial and Port Estate, Gresik Special Economic Zone, in East Java. (File Photo)

Jakarta. Indonesia’s Gresik Special Economic Zone (SEZ) has amassed Rp 113.4 trillion or around $6.4 billion in cumulative investments so far as of the first quarter of 2026 as the government mulls expanding the industrial park.

About Rp 108.2 trillion ($6.1 billion) of those investment inflows had come after the area -- which lies in East Java -- gained its SEZ status. The SEZ has created over 40,000 jobs since then. Indonesia’s first melamine plant -- worth up to $600 million -- is now under construction at Gresik SEZ. The region also hosts Freeport’s copper smelter.

Susiwijono Moegiarso, the secretary at the Coordinating Ministry for Economic Affairs, confirmed that expansion plans for the Gresik SEZ were in the pipeline.

“This expansion would be a strategic step to accommodate the investors’ high interest,” Susiwijono said over the weekend, as reported by the state news agency Antara.

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The move is also expected to spur the creation of an “integrated industrial and port ecosystem”, while also providing an impetus for green energy. A larger Gresik SEZ is also expected to expedite investment realization and “convert them into economic activities and job creation”, according to Susiwijono.

He went on to say that the government would step up internal coordination to make sure that “all matters related to the spatial planning and licensing” would be problem-free.

To draw in capital, Indonesia is offering SEZ investors heaps of incentives, including import duty exemptions.

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