Journal of Management Practices, Humanities and Social Sciences
Vol. 2 No. 2: JMPHSS 2018

Why Tanjungpinang Free Trade Zone (FTZ) Fail?

Kustiawan (Raja Ali Haji Maritime University, Tanjungpinang, Indonesia)



Article Info

Publish Date
28 Dec 2018

Abstract

The goal of the study is to critically analyze the implementation the Free Trade Zone (FTZ) policy in Tanjungpinang of Riau Islands Region and to highlight the negative factors or obstacles encountered in the implementation of the policy in the Tanjungpinang. The study focuses on FTZ region in Bintan Island Indonesia, especially in the area of Senggarang and Dompak Region in accordance with Government Regulation No. 47 of 2007. The implementation of FTZ in Tanjungpinang has not shown encouraging as, there is no business or industry in those areas that have been set, especially Senggarang region. For data collection mixed methods have been utilized. Intensive literature review along with interviews is used to gather data. The findings of this study indicate that factors inhibiting the implementation of the FTZ policies in this area legal certainty in land ownership, overlapping FTZ Regulation, lack of infrastructure; roads, ports, limited supply of electricity, and limited water supply. Morever, the weak synergy between the Agency Concession Region Tanjungpinang and principals of some program activity, especially in matters relating to budget authority and the licensing process result in the lack of progress in FTZ implementation. On the basis of these findings recommendations for policy makers and government representatives are given.

Copyrights © 2018






Journal Info

Abbrev

jmphss

Publisher

Subject

Arts Humanities Economics, Econometrics & Finance Education Social Sciences

Description

The Journal of Management Practices, Humanities and Social Sciences (JMPHSS) is dedicated to providing comprehensive coverage of organizational challenges and theories within the realms of social sciences, humanities, and management. Emphasizing comparative and transnational methodologies, the ...