Functioning of Special Economic Zones in the Digital Economy Era

Kryukova, Ekaterina; Markelov, Konstantin A.; Matsui, Elena; Usachyova, Lyubov

doi:10.2991/aebmr.k.200509.077

Cited by 1 publication

(1 citation statement)

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“…The concepts of SEZ have been around globally since the 1950s with spatial characteristics that are geographically established and limited, possessing certain excellent features of particular sites 14 . The National Board of Special Economic Zones of the Republic of Indonesia under Government Regulation Number 68 officially declared Singhasari as a special economic zone (SEZ) in 2019 15 , making the SEZ of Singhasari the first SEZ with a digital economy in Indonesia 16 .…”

Section: The Concepts Of Special Economic Zone Of Singhasarimentioning

confidence: 99%

Integrating Good Governance and Digitalisation: A New Breakthrough in the Special Economic Zone of Singhasari

Cahyandari,

Susilo,

Hadiyantina

et al. 2022

aldaulah

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Special Economic Zones (SEZs) aim to boost the economy of a region or even a country. In Indonesia, as of 2022, eighteen regions belonged to SEZs, and Singhasari is among those regions—the only SEZ with a digital economic concept. In its implementation, a Good Governance concept is needed to allow for the organisation of management and the achievement of the goals of the development of the SEZ. Concepts such as Community Participation, Stakeholder Involvement, and Local Ownership will be discussed in this research. On the other hand, technology can be utilised to give value to SEZ. The digitalisation of the SEZ can be used in the implementation of Good Governance concepts as well as attracting people and investors to participate. The concept of digitizing the SEZ Singhasari area utilising Augmented Reality and Virtual Reality can be used to introduce the SEZ of Singhasari. Besides, there are also other features such as legal materials underpinning the development of SEZ Singhasari. This study used the principle of Good Governance that underlies SEZ governance. Meanwhile, the concept of digitalisation with the addition of augmented and virtual reality will be used as one of the breakthroughs to harmonize development in the current technological era. Keywords: Special Economic Zone, Singhasari, Digitalisation, Good Governance.

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Section: The Concepts Of Special Economic Zone Of Singhasarimentioning

confidence: 99%