Land Use Plan Business Models Proposed Future Development

INDONESIA is primed for economic takeoff. With debt to GDP ratio is at low 27%. The IMF forecasts the economy will expand to US$1.5 trillion by
end-2015, while McKinsey expects Indonesia to become the world’s 7th-largest economy by 2030. In 2013 The ADB and The World Bank project
Indonesia’s economiy growth to increase from 6.3% to 6.5, the largest in Southeast Asia. The IMF also projects Indonesia will be at the top 3 fastest
economic growths among G20 countries. Moreover, according to the Ministry of Tourism and Creative Economy the number of tourists increased
from 766,966 visitors in 2012 to 807,422 visitors in 2013.
International Credit Ratings: Indonesia Snares Investment Grade
National GDP Growth Projection
May 2013
BB+/STABLE
July 2013
BBB-/STABLE
34,8
23,4
14,2
8,3
2,3
6,0
2006
Source: IMF
44,3
27,9
17,1
2,3
3,9
10,3
2007
15,0
14,9
2008
10,8
2009
14,2
10,2
8,4
6,8
30,1
4,2
19,5
24,6
16,6
2010
2011
100 % of capital share can be owned by foreign investors for the
following businesses:
• 3 to 5 Star Rated Classified Hotel
• Tourism Resort
• Golf Course & Driving Range
• Convention & Exhibition Center
• International Hotel Operator
• Tourism Consultant (included Hotel Management)
Foreign Equity Participation (50% share owned by foreign investor)
for the following business:
• 1 and 2 Star Hotel;
• Non Classified Hotel;
• Motel & Lodging Service;
• Home-stay;
• Catering;
• Spa;
• Amusement Center;
• Bar, Café, Singing Room (karaoke);
• Restaurant;
• Recreational Parks;
• Tour Operator;
• PCO (Professional Conference Organizer)
• Impresario;
• Tourism Attraction;
• Culture and Nature Tourism (except in conservation site).
Land Use Plan
Overall Investment Realization
DDI
FDI
(USD Billion)
SEZ Tanjung Lesung will be the new tourist destination. It occupies a natural peninsula on the west coast of the western Java and bordering the
Sunda Strait. Tanjung Lesung is a prestige development that offers a wide range of investment opportunities.
2012
2013
Source: BKPM
H-1: GULF HOTEL
H-2: MARINA POINT HOTEL
H-3: GOLF HOTEL RESORT
N
H-4: EXCLUSIVE LUXURY HOTEL
H-5: BAYSIDE HOTEL
H-6: KRAKATAU OR SUNDA VIEW HOTEL
R-1-3: ISLAND HOTEL AND FRONT
R-4: MARINA VILLAGE – SOUTH
R-5: MARINA FRONT – ISLAND
R-6-7: MARINA FRONTAGE
R-8,9: INLAND HILLSIDE
R-10-12: EAST BAYSIDE
R-13-14: MARINE VILLAGE
R-15, 16: WEST OCEANSIDE
R-17-27: GOLF COURSE (EAST SIDE)
C-1: MARINA VILLAGE
C-2 : COMMERCIAL NEIGHBOURHOOD
C-3: GOLF, RACQUET AND SWIM CLUB
C-5: SALES & VISITOR INFORMATION CENTER
C-6 : BOATYARD, PUBLIC LAUNCH
C-7: RESTAURANT & SERVICE DESK
Proposed Future Development Projects
marina
residential
Tanjung Lesung has the status of Special Economic Zone (SEZ) in tourism sector which is launched by the Government
of Indonesia in 2012. It has benefits for investors in terms of fiscal and non-fiscal incentives. SEZ Tanjung Lesung is also
one of the 50 National Tourism Destinations stipulated by the Ministry of Tourism and Creative Economy of the Republic of
Indonesia.
SEZ Tanjung Lesung is located in Pandeglang, Banten, part of the western region of the Sunda
Strait (170 km from Jakarta). With total area of 1,500 ha, it offers natural beauty, panoramic
views and other tourism attractions. SEZ Tanjung Lesung is managed by PT. Banten West
Java, a subsidiary of PT. JABABEKA, Tbk which has more than 20-year experience in township
development including the flagship Kota Jababeka project in Cikarang, West Java, Indonesia.
Existing Facilities
and Infastructure
Business Models
a. Land Sales
b. Land Rental
c. Joint Venture
d. Build-Operate-Transfer (BOT)
Marina Hotel & Residential Theme & Water Parks 18/36 Holes-Golf Course or any infrastructure support -
golf course
theme parks
water parks
1. Remarkable Location
2. Potential Tourism Attractions
SEZ Tanjung Lesung has remarkable location offering beautiful
landscapes and panoramic views of the sea.
SEZ Tanjung Lesung as one of West Java’s leading tourist
areas has an impressive variety of natural attractions and
cultural wealth, such as Ujung Kulon, Mt. Krakatoa, Baduy
Ethnic, Panaitan Island and Peucang Island.
Bodur Beach Area ●
Kalicaa Villas ●
Panaitan Island
Baduy Ethnic
Mt. Krakatoa
Bay Villas Cottage ●
Sailing Beach Club ●
Ujung Kulon
Facilites: Kalicaa Villa, Tanjung Lesung Beach Hotel, BlueFish Hotel, Beach Club, Sailing Club and Water Sports.
Infrastructure: Electricity, Telecommunication Networks, Water Supply, Waste Management, 24-Hour Security and High Quality Road Works.
Peucang Island
3. Investment Incentives
Non-Fiscal Facilities
Fiscal Facilities
No.
Incentives
Treatment in SEZ Tanjung Lesung
No.
Incentives
Will be given for the business entity
and individual who run business in
SEZ Tanjung Lesung.
1.
Income Tax Allowance
2.
Value-Added Tax (VAT)
& Luxury Sales Tax
3.
Import Duties
Postponement for import goods to
SEZ Tanjung Lesung.
4.
Excise
Exempted for raw direct materials
and supporting materials for
production purposes.
5.
Import Income Tax
Not Levied
6.
Tax Agency Incentives
Not Levied
7.
Property Tax
Reduction in conpliance to the
provision of law and regulation.
Exempted for taxable goods.
4. Utility and Labor
1.
Employment
2.
Immigration
Easiness for foreign business people.
Licensing
• Administered in Integrated OneStop Service;
• Easiness for business licensing,
industry and trade activity, port
activity and other busines activities.
4.
Land
• Easiness to obtain land rights and
land acquisition;
• Granted land rights for those who
already have land.
5.
Security
SEZ Tanjung Lesung will be a vital
object (according to Indonesian police’s
policy)
6.
Local Government
Support
• Tax and local retribution reductions
• Commitment for SEZ
Administration's operation
3.
Utility
Utilities
Description
Electricity
100 MVA
Drinking Water
100 ltr/second
Industrial Water
300 ltr/second
Sewerage
Waste Water Treatment Plant
Roads
Main Road (width 50 m)
Secondary Road (width 35 m)
Extension Road (width 23 m)
Data Connection
Wireless and Fiber optic
Green Space
34%
Labor
Treatment in SEZ Tanjung Lesung
• Permission to hire foreign workers
who have position as directors or
managers.
• Within the SEZ will be established:
1. Wage council;
2. Trade/Labor Unions to create
effetive communication and
harmonious industrial relation;
3. Tripartite cooperation institution.
5. Future Infrastructure
In the near future, Banten Province will have an airport and toll road that's located not
far away from SEZ Tanjung Lesung. In additon, the government has planned to build
the Selat Sunda Bridge which will connect Sumatera Island and Java Island.
Banten Province
(Source: Statistic Bureau - 2013)
Population
± 11 million people
Workforce
± 5 million people
Regional Minimum
Wages
USD 130 / person / month
Prospective Investors
There have been 2 (two) companies signing the
Memorandum of Understanding (MOU) with SEZ Tanjung
Lesung: DAMAC Properties (Oct 2012) and Hanking Group
(Aug 2013).
Indonesia Investment Coordinating Board (BKPM)
Jl. Gatot Subroto No. 44, Jakarta 12190,
PO. Box 3186, Indonesia
Phone :+6221 5292 1334; 5292 1304
Fax
:+6221 5264 211; 5253 866
Website :www.bkpm.go.id
Email :[email protected]
DAMAC Properties is one of the largest
Hanking Industrial Group Co., Ltd, China was
held luxury property development companies
established on August 8, 1992, focusing on the
in the Middle East, based in Dubai, United Arab
businesses of mining, metallurgy, commerce,
Emirates (UAE).
electronics, and precision manufacturing, property.
PT. Banten West Java Tourism Development
Phone : +6221 5727 225
Fax
: +6221 5727 221
Website : www.tanjunglesung.com
Email : [email protected]