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Login"; document.querySelector('body').innerHTML += noteHTML; document.querySelector('.timeoutmsg-area .close-button').addEventListener('click', function() { document.querySelector('.timeoutmsg-area').classList.add('hidden'); }); } } function timeoutNote() { var oneMin = 60000; var timeDur = 120; var timeoutDuration = timeDur * oneMin; setTimeout(timeoutEvt ,timeoutDuration); } PremiumMorotai set to be Indonesia's new growth hub$640m project aims to turn remote island into SEZ with tourism and industrial zones
Morotai, one of Indonesia's northernmost islands in the Maluku chain to the east of the sprawling archipelago, is set to be a new growth centre under a 6.8 trillion rupiah (S$640 million) project to develop a special economic zone (SEZ).
Jakarta-listed property developer Jababeka said it has attracted nearly US$170 million (S$232 million) in investments - including from two Japanese firms - for tourism, fishery and agriculture projects, and expects more investors from Taiwan as well as from countries such as China and Singapore.
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STRAITS TIMES GRAPHICS A version of this article appeared in the print edition of The Straits Times on July 23, 2018, with the headline 'Morotai set to be Indonesia's new growth hub'. Print Edition | Subscribe Topics:- INDONESIA
- TRADE
- INFRASTRUCTURE
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