PRESENTATION BOOK Q2

In terms of expenditure, the economic slowdown in during thefirst quarter of 2020 came from household consumption andinvestment components. Meanwhile, government consumptionand overseas exports accelerated from the previous quarter.On the other hand, Central Java's foreign imports recordednegative growth, albeit with a lower growth rate compared tothe previous three quarters.

-4

-2

0

2

4

6

I II III IV I II III IV I II III IV I II III IV I

2016 2017 2018 2019 2020

%

8PERTUMBUHAN TAHUNAN (YOY) PERTUMBUHAN TRIWULANAN (QTQ)

Source: BPS Central Java Province, processed.

YOY QTQ

Source: BPS, processed.

7.0

6.0

5.0

4.0

3.0

2.0

1.0

0.0

I II III IV I II III IV I II III IV I II III IV I

2016 2017 2018 2019 2020

JATENG JAWA NASIONAL%YOYCentral Java Java Indonesia

Central Java’s economic growth in the firstquarter of 2020 was recorded at 2.60%(yoy). This achievement was far lower thanthe previous quarter (5.34% yoy).Furthermore, the province’s economicperformance was below the nationaleconomic growth and the overall JavaRegion which recorded 2.97% (yoy) and3.42% (yoy), respectively.

Overall, Central Java’s economy in 2020 is forecasted to growlower than in 2019. The spread of COVID-19 domestically andglobally has a major impact on Central Java’s economy in 2020which is expected to grow at around 1.4% - 2.4% (yoy). Thisestimation is lower than the 2019 growth of 5.41% (yoy).

Source: BPS Central Java Province, processed, projected by Bank Indonesia.

Central Java's economic growth in the thirdquarter of 2020 is expected to recovercompared to the second quarter. Central Java'seconomic growth in the period is projected to bein the range of 0.9% - 1.9% (yoy).

In terms of expenditure, the acceleration in the third quarter of2020 will be mainly driven by improved investment performanceand exports between regions. The spread of COVID-19 isexpected to subside, so that social restrictions will be moreloosened during the quarter. Meanwhile, on the business sector,manufacturing, wholesale, retail trade, car and motorcycle sparepart are expected to accelerate.

5,16 5,16 5,14

4,57 4,51 4,49

4,02 3,87 3,82

2

3

4

5

6

2017 (Aug) 2018 (Aug) 2019 (Aug)

Unemployment

Urban

Rural

11,1910,8

10,58

9,679,2

8,99

12,812,48

12,26

8

9

10

11

12

13

2018 (Sep) 2019 (Mar) 2019 (Sep)

Average

Urban

Rural

3,4

2,48 2,96

3,39

1,82

3,25

2

1,5

1

4

2018 (Mar) 2019 (Mar) 2020 (Mar)

National

Central Java National (Mar 2020)

YOY 2,96%

Central Java (Mar 2020)

YOY 3,25%

3,5

3

2,5

0

5

10

15

20

25

30

35

40

45

50

55

60

2016 2017 2018 2019 Q2 2020

27,55

41,7

47,15 47,42

26,99

38,18

51,54

59,27 59,5

27,82

Target Realization in IDR Trillion

139%

124%

125%126%

103%

Rank Country of Origin In Thousand USD

1 Japan 436,789.10

2 South Korea 78,111.00

3 Taiwan 32,750.50

4 People’s Republic of China 18,933.40

5 Singapore 18,374.10

6 Netherlands 9,179.20

7 Hongkong, PRC 7,927.30

8 British Virgin Islands 7,184.40

9 United States 4,148.60

10 Malaysia 3,719.80

Others 8,856,00

TOTAL 625,973.40

Realization by Country of OriginQ2 2020

36%

28%

9%

6%

4%

4% 13%

Electricity, gas and water

Transportation, storage, andtelecommunication

Non-metallic mineralindustries

Food industries

Textile industries

Other services

Others

27%

12%

11%10%

9%

31%

Tegal Regency

Batang Regency

Jepara Regency

Cilacap Regency

Semarang City

Others

0

5

10

15

20

25

30

35

40

45

2016 2017 2018 2019 Q2 2020

14,11

31,67 31,79

40,85

9,01

24,0719,87

27,48

18,65

18,81

PMA PMDN

• FDI Realization : IDR 9.01 Trillion with 1277 projects and absorb 53,467 workers.

• DDI Realization : IDR 18.81 Trillion with 3141 projects and absorb 31,789 workers.

International Airport

Local Airport

International Seaport

Local Seaport

2 International Airports

• Ahmad Yani Semarang• Adisumarmo Solo

2 International Seaports

• Tanjung Mas Semarang• Tanjung Intan Cilacap

• Kendal SeaportProgress: preparation of technical and commercial feasibility studies

Toll Road (existing) 300,090 km (Pejagan – Pemalang – Batang – Semarang – Solo – Mantingan) Toll Road (development plan)Main Road

1. The Ministry of Maritime Affairs and Fisherieshas issued an offical letter No. B-359/MEN-KP/VII/2020 in 3th July 2020 aboutrecommendations for utilizing marine;

2. Semarang Harbour Toll Road will be designedin 2021, in collaboration with BPJT (PPP);

3. Land will be acquired in 2021;4. Construction will start in 2022.

1. Semarang Harbour (Semarang –Kendal) Toll Road

2. Semarang – Demak (25,26 km) Toll Road

3. Bawen – Jogja (71,56 km) Toll Road

4. Solo – Jogja Toll Road

1. Section 1 (Semarang-Sayung)Land acquisition (30%), the remaining land is still hampered by tide water;

2. Section 2 (Sayung Demak) Development Progress (8%).

1. Pre Construction in 2020 2. Construction in 2021

Development Plan:

11

Road Alignment Revision and DED finalization

1 2

3

4

1 3 42

Railway

Main Road

Connecting Main and Medium Cities in North, South, West, and Central

Total Length : 1,557 km• Operation : 894 km• Non Operation : 663 km

• Installed capacity in Central Java: 7,303.97 MW

• Additional power plant which is still under construction

✓ Batang: 2 x 1.000 MW✓ Tanjung Jati B Jepara unit 5-6:

2 x 1.000 MW✓ Cilacap Expansion II:

1 x 1,000 MW

Cirebon

Gas DepotBatang Gas

PortKendal

Gas DepotSemarangGas Depot

Gresik Gas Depot

Java Gas Development Project(Proyek Pembangunan Gas Jawa /PPGJ) Gundih Blora

JAWA TENGAH

Gas Pipeline Cirebon Semarang – PT. Rekind (Gas Depot in Kendal & Semarang)

Gas Pipeline Semarang Gresik - PT Rekind

Gas Port Batang – PT OPSICO (Phase 1 – via Batang Port Operator Unit)

Construction in 2020-2022

Operation in 2022

Construction in 2018-2019

Operation in 2020

Construction in 2020-2022

Operation in 2022

• Weir of Tanjung, Kabuyutan, Babakan rivers (Brebes Industrial Park)

• Weir of Blorong river, Bodri river, Kali Kuto river intake (Kendal Special Economic Zone)

• Weir of Kali Boyo and Kali Urang river intake (Batang Integrated Industrial Park)

Reservoir Construction for Sustainable Services

• Bodri Reservoir (Kendal Special Economic Zone), Urang watershed reservoir (Batang Integrated Industrial Park)

• Bantarkawung reservoir, Revitalization of Malahayu & Penjalin reservoirs (Brebes Industrial Park)

• Jatinegara, Karanganyar, Karangdadap reservoirs and Revitalization of Cacaban reservoir (Tegal, Pemalang Pekalongan)

• Jragung, Dolog, Ngemplak reservoirs (Grobogan Demak)

Protection Against Floods, Tides and Abrasion

• Semarang and Demak sea dikes, and Abrasion protection in Brebes, Pemalang, Pekalongan, Rembang

• River flood control in Brebes, Tegal, Pekalongan, Batang, Kendal, Demak, Kudus, Pati

• Normalization river in Bringin River Semarang and Juwana River Pati

Coast Protection

Weir and Intake

Dam

Optimizing Surface Water

Source : Keputusan Gubernur Nomor 560/58 Tahun 2019

No Location IDR

1 Banjarnegara Regency 1.748.000,00

2 Wonogiri Regency 1.797.000,00

3 Rembang Regency 1.802.000,00

4 Brebes Regency 1.807.614,00

5 Sragen Regency 1.815.914,85

6 Temanggung Regency 1.825.200,00

7 Grobogan Regency 1.830.000,00

8 Blora Regency 1.834.000,00

9 Kebumen Regency 1.835.000,00

10 Purworeio Regency 1.845.000,00

11 Magelang City 1.853.000,00

12 Wonosobo Regency 1.859.000,00

13 Pemalang Regency 1.865.000,00

14 Pati Regency 1.891.000,00

15 Tegal Regency 1.896.000,00

16 Banyumas Regency 1.900.000,00

17 Tegal City 1.925.000,00

No Location IDR

18 Sukohario Regency 1.938.000,00

19 Purbalingga Regency 1.940.800,00

20 Boyolali Regency 1.942.500,00

21 Klaten Regency 1.947.821,16

22 Surakarta City 1.956.200,00

23 Karanganyar Regency 1.989.000,00

24 Pekalongan Regency 2.018.161,27

25 Salatiga City 2.034.915,42

26 Jepara Regency 2.040.000,00

27 Magelang Regency 2.042.200,00

28 Batang Regency 2.061.700,00

29 Pekalongan City 2.072.000,00

30 Cilacap Regency 2.158.327,00

31 Kudus Regency 2.218.451,95

32 Semarang Regency 2.229.880,50

33 Kendal Regency 2.261.775,00

34 Demak Regency 2.432.000,00

35 Semarang City 2.715.000,00

378College111.038 Graduates in 2018

1.588Vocational High School244.106 Graduates in 2018

Training Center1.200 Graduates/year

1. Simplify licensing process by deregulating uneccessary license/permit by line ministeries/agencies.

2. NIB, Business License and Commercial License are issued on the same day with commitment and compliance.

3. Permit and License that are not included in Government Regulation Number 24 Year 2018 will still be processed via SPIPISE PTSP BKPM

Obtaining Licenses/Permit Related to Investment Activity in

Indonesia

Company

Individual

A. NEW INVESTOR(New Registration)

B. EXISTING INVESTOR (Re- registration)

▪ Single Business Number (Nomor

Induk Berusaha)

▪ Business License

▪ Commercial/OperationalLicense

▪ Etc.

OSS

www.oss.go.id

Provincial/ Municipality TASK

FORCE

Ministry

TASK FORCE

National

TASK FORCE

Monitoring

50% Reduction Rate (singlerate)

YearConcession Period5

100% Reduction Rate (singlerate)

TAX HOLIDAYMoF Regulation No. 150 of 2018

Minimum investment of 500 bnRupiah

18Applied to

Subject

Industry Groups

Income Tax Reduction Rate

Concession Period

Transition 25% CIT Reduction for the next 2 years50% CIT Reduction for the next 2 years

%

1. The taxpayer (company) is incorporated in Indonesia

2. Fulfill Debt Equity Ratio for income tax purposes as

stipulated on MoF Regulation No. 105/2018

3. Has never had its tax holiday application granted or rejected

by the MoF4. Obtain a tax clearance certificate (SKF) issued by DGT1

GENERAL CRITERIA

1. HOW TO APPLY

2. Through OSS3. Along with taxpayer’s application

4. for New Business License (NIB) to BKPM

5. Applying within 1 year after the NIB is issued by BKPM

HOW TO APPLY

industry groups

MINI TAX HOLIDAYMoF Regulation No. 150 of 2018

Minimum investment of 100 to < 500 bnRupiah

UpstreamMetal Industry

Oil-and-Gas Refinery Oil-Gas-and-Coal BasedPetrochemical

Non-Organic Chemical

OrganicChemicalRaw-materialfor Pharmaceuticas

industry

Semi-Conductor & other main computer

Component

Main Componentfor Electronics or

Communication Equipment

Main Component

for Healthcare

Equipment

Industrial

Machinery

Production

Main Component for

Machinery integrated

with vehicles industryRoboticComponent

Main Componentfor Shipping Industry

Main Componentfor Aeroplane Industry

Main Componentfor Train Industry

Economic Infrastructure

DigitalEconomyPower PlantEngine

Manufacturing

Industry

Agriculture• Cattle breeding

& farming• Corn plantation• Soya plantation• Rice farming• Tropical fruits

Power Generation• Geothermal• Alternative/renewable

energy

Oil & gas industry• Oil refinery• Liquefied Natural &

Petroleum Gas• Lubricant

(Government RegulationNo.9/2016)

30 %ofinvestmentvalueReduction of corporate net income tax for 6years, 5% each year.

145businessfieldsEligible for tax allowance, expanded from 143 segmentsin the previous regulation with additional segment: clothingindustry.

Under certain requirements among others:investment value or export orientation, manpowerabsorption, local content, and project location(especially outside Java island).

ManufacturingIndustry• Iron & steel• Clothing• Semi conductors• Electronic

components• Computer• Communication

devices• Television• Tires• Pharmaceutical• Cosmetics• Fish &

shrimp processing• Etc.

SOP to process TA facility is 25 workingdays

TAXALLOWANCE

IMPORT DUTYFACILITY

• Exemption of import duty on imported

capital goods (machines) for 2 years during

construction period.

• Exemption of import duty on imported goods

and material for production for 2 years during initial production (or 4 years for

companies using locally-produced machines min.30% from total value of machines for

production).

• Equitable and Non discriminatory treatment

against country of origin

Red line is fornew companies.

Physical & document checks

before transported from ports.

Yellow line

Document check before

goods transported from ports.

Green line

Document check aftergoods

transported from ports.

Main Partner Priority for

companies with proven track

record. No checking required.New Facility: Statusupgrade

From RED to GREEN line for new companies under construction

GREEN LINE ACCELERATIONFACILITY

Acceleration and certainty in

custom clearanceprocess

Faster & Certain• Capital goods do not require screening.• Cutting the processing time from 3-5

days to only 30 minutes.

Simple requirements• Projects under construction• Obliged in reporting quarterly

investment activities (LKPM)• Recommendation from BKPM

Four customs checking status:(MoF Regulation No.110/PMK.011/2005 MoFRegulation No.76/PMK.011/2012, MoF Regulation

No.66/PMK.010/2015 and Chairman of BKPM Regulation No.16/2015)

300% Reduction Rate• 100% in real R & D costs inIndonesia.• The additional deduction for net income

is the highest of 200% of the real R & D in Indonesia

• *)regulated types of costs that do not get additional net income deductions: cost of quality control, seasonal design changes, routine equipment design, construction engineering/ relocation/ start-up facilities, market research, etc.

200% Reduction Rate

• 100% of real cost of physical laboratory facilities/workshops, goods and materials use inwork practices/ apprenticeships, and teaching instructor fees and honorarium or the other like.

• Additional deduction of net income of 100% of the real cost

Corporate Taxpayers who provide work practices and apprenticeships

Manufacturing, Automotive, Furniture,Shipping, Textile & Garments, IndustrialLogistics

Subject

Industry

Groups

Income Tax Reduction Rate

Period• The cost of building, physical facilities is

charged according to the useful life of the fixed assets.

• For other fees, it is charged in the year concerned, so long as the additional deduction for the net income does not cause a fiscal loss.

Corporate taxpayers who conducts Research and Development activities in Indonesia

The R&D activities must be conducted in Indonesia and produce new inventions, innovations, new technologies and/or technology transfer to develop industries

• Additional deductions from net income are charged for 5 years since the results of R&D areused.

• When taxpayers have intellectual property as a result of the relevant R&D.

Corporate taxpayers who set up labor intensive industry in Indonesia

Labor intensive industry (to be elaborated) who has not obtained any fiscal facility from government

60% Reduction Rate

• 60% reduction from total investment value of fixed assets including land used for main industrial activities

The deduction of fixed assets including land used for main industrial activities; charged in certain period oftime.

On R & DOn Vocational Education Investment AllowanceOn Labor Intensive Industry

%

" AS THE BEST PROVINCE IN INVESTMENT LICENSING

SERVICES”

on July 2018 in BKPM

The 2,200-hectare KIP is a joint venture development

between PT. Jababeka Tbk and Sembcorp

Development Ltd.

Designed as an international standard industrial park with

mixed-use development (residential and commercial

uses)

By January 2020, 61

Tenants have already joined Kendal Industrial

Park.

PT. Kawasan Industri Kendal Jl. Semarang – Kendal Km 12

Mobile: +62822 6605 0051

Email: juliani.kusumaningrum@kik.co.id

C O N T A C T

Ms. Juliani Kusumaningrum (Head of Marketing)

Ready to Built Land

LABOR:21,000 People

INVESTOR:93 Companies

Standard Factory Building

: Sold

: Land Available ForSale

Ms. Kuniyanti (Marketing Manager)

PT. Kawasan Industri WijayakusumaJl. Raya Semarang – Kendal km 12

Telp/Fax: +6224 8662156/+6224 8661476

Email: pemasaran@kiw.co.id

C O N T A C T

Offers warehousing clusters plus multi-functional office

Integrated industrial area thataccommodates types of waste-

free and clean manufacturing

Some of the industries that have joined

them are VIAR, HONDA, GS, ASTRA

Otoparts, KUBOTA and many more.

Supported by an integratedinfrastructure and 24-hoursecurity system with CCTV

Mobile: +6224771 11 11, +62819 04555558

Email: harry.setiawan@bsbcity.com

C O N T A C T

Mr. Harry Setiawan(Sales & Marketing Manager)

PT. Karyadeka Alam LestariJl. RM. Hadi Soebeno Sosrowardoyo Blok G9 No.2, Mijen - Semarang 50212

Located in Tanjung EmasSeaport (International Seaport in Semarang)

9 Tenants (60 unit of standard factory building)from Hongkong, India, Korea, Taiwan (garmentindustry), France (glass industry), Japan(machine industry)

Infrastructure: Electricity, telecommunication,clean water, industrial road network, drainage

system, on site customs and excise, green line.

Mr. Yeru Salimianto(+62812 5777 7909)Ms. Christine LT(+62812 2806 6470/+62812 3522 358)PT Lamicitra Nusantara

Telp/Fax

Email

: +6224 – 3516425 /+6224 - 3516428

: lamictr@indosat.net.id / lamicitrasmg@gmail.com

CONTACT

300 hectares business and industrial land,managed by PT Jawa Tengah Lahan Andalan,

subsidiary of Mugan Group, a superintendent ofindustrial estate.

has a strategic location because it is located in the path of national Pantura access.

the development is divided into 3(three) phases, which are phase

I: 110 Ha; phase II: 120 Ha; phaseIII: 70 Ha.

the concept is “one” integratedCyber Techno Eco

Jl. Raya Semarang Demak km 14.7 Demak, Central Java Province

C O N T A C T

Ms. Rini Affiriani MarketingCommunication

PT. Jawa Tengah Lahan AndalanMenara Suara Merdeka Lt. 8 Jl. Pandanaran 30 Semarang

Telp: +62 24 76928822Mobile: +6285 215 434 577

Email: info.jatengland@gmail.com

IP in Brebes Regency± 3.976 Ha

IP in Kebumen Regency± 2.610,95 Ha

IP in Cilacap Regency± 1.876,41 Ha

Batang Integrated IP in Batang Regency

± 4.300 Ha

IP in Kendal Regency± 5.392,03 Ha

IP in Demak Regency± 6.648,48 Ha

IP in Rembang Regency± 1.947,16 Ha

Aviarna IPin Semarang City

± 182 Ha

Industry in Central Java

Industrial Park Development Plan

C O N T A C T

PT Bumi Raya Perkasa NusantaraJl. Raya Semarang – Kendal

Ronni (+62 812-8570-037)

Email : ronni@argomanunggalgroup.com

10,000+

Supporting Facilities

1. Dry Port2. Bonded Area3. Customs4. Police Station

5. Fire Station6. Banks7. Gas Station8. Restaurants

9. Tenant Forum10. Sports Center11. Shops12. Vocational School

182 HaIndustrial Area Tenants

100+Workers

▪ Location: land owned by PT. PerkebunanNusantara IX located in Mangunsari Section,Kebun Siluwok, Banyuputih District.

▪ Land area to be developed: 4.300 Ha (PhaseI: 450 Ha)

▪ For Phase I, The Industrial zone consist ofZona 1 (apx.158 Ha) and Zona 2 (apx. 176Ha), with total area apx. 334 Ha. In additon,Zona 3 is provided for Urban SettlementAllocation Area/ Commercial Area (TOD)apx. 116 Ha

▪ Land area that requires changes in spatialsuitability: apx. 3,996 Ha

4

Dryport

Stasiun

TOD & Politeknik

Mechatronic

Akses TolKM 372 + 200

Jalur Kereta

Rencana Pelabuhan(Tahap 2)

Tahap 1(450 ha)

Source : PT. KIW (Persero)

Feasibility Study and Business Plan Study (August - November 2020)

▪ Conceptual Master Plan

(July - September 2020)▪ Detailed Master Plan

(August - October 2020)

Topographic and Geological survey

(July – August 2020)

Environment Permit / Environmental Impact Management Analysis(AMDAL) (September 2020 -February 2021)

Planning Phase

Project LocationDelik Village, Tuntang Subdistrict, Semarang Regency

Investment Estimated Cost

• IDR 361,5 Billion• IRR : 18%• NPV : IDR 97.980.433.952,00

Scope of Work• Construction of hotel/resort/homestay• Construction of other tourism supporting facilities

Land Status• Area : 414 Ha• Status : Right to Use• Authority : PD Citra Mandiri Jawa Tengah

Investment SchemeB to B cooperation with PD Citra Mandiri Jawa Tengah

DF(Discount

Factor)NPV IRR Payback Period

DiscountedPayback Period

8.37%* 54,589,836,049.72 19.93%7 years 9 months 9 years 6,5 months

10% 40,367,943,953.96 7 years 9 months 10 years 0.2 months

12% 27,168,242,102.79 7 years 9 months 10 years 8,8 months

Investment Estimated Cost

IDR 30,807,605,000.00

Project LocationOne of the Coastal Areas and Small Islands in Jepara Regency withcoordinates 6°34'30 S 110°37'44 E. The area of the island is ± 19.2 Ha,located 2 km from Kartini Beach and 80 km from Karimunjawa Islands.

Land Status• Area : 19.2 Ha• Status : Right to Use• Authority : Jepara Regency Government

Investment SchemeBOT cooperation with Jepara Regency Government

1. Harbour & Main Gate2. Tourism Information Center (TIC)3. Food and souvenir Stall4. Bird Park5. Beachfront promenade

5. Skywalk6. Cemetery of Sheikh Abu Bakar bin Yahya

Ba'alawy, one of the propagators of Islam in Jepara

7. Lighthouse

Scope of WorkFinancing, construction, operation and management of:

Photo Poin

Beachfront Promenade

Tourism & Supporting Facilities

Harbour & Main Gate

Perspective of Pulau Panjang Area

Tourism Information Center

Project LocationWonosobo sub-district and Kalianget urban sub-district

Investment Estimated Cost

• IDR 12.204.669.200• IRR : 33.32%• NPV : IDR 10.275.702.677

Scope of WorkConstruction of:Main building, hall, art gallery, studio 2D, public area, educative game center, private pool, and coffee bar

Land Status• Area : 5 Ha• Status : Right to Use• Authority : Wonosobo Regency Government

Investment SchemeUtilization partnership (Kerjasama pemanfaatan)

PROJECT AT SIGANDHU COASTAL AREA

Scope of WorkConstruction of:1. Recreational Beach Area2. Bus Stop3. Plaza4. Hotel/resort5. Dock6. Cafe and restaurant

5. Drive in view6. Golf Course7. Main Gate8. Open Space9. Viewing Post10. Green Space

Project LocationKlidang Lor and Ujungnegoro Beach, Batang Regency

Investment Estimated Cost

• IDR 181,8 Billion• IRR : 22,201%• NPV : DF = 10% Rp 357.604.094.912.456,-

DF = 12% Rp 255.447.442.558.944,-DF = 14% Rp 177.663.988.730.665,-

Land Status• Area : 37.7 Ha• Status : Right to Use• Authority : Batang Regency Government

Investment SchemeBTO cooperation with Batang Regency Government

LocationJatibarang Landfill,Semarang, CentralJava

EstimatedInvestment

US$100 million

Financial SchemePublic PrivatePartnership(PPP)

Project Owner Mayor of Semarang

Construction/ Operating 2021 / 2023

Waste /day 1000 ton/day

Electric capacity 15-17 MW

Notes:1. At this stage, assuming that the Project sells electricity, PLN suggests that the IBE will be responsible to Design, Build, Operate, and Maintain the transmission line.2. Circular Letter from MOHA on the Acceleration of WtEProject Development was issued on 22 July 2019, which clarifies that the Tipping Fees must be considered as AP.

Scope of PPP:• Design, Build, Operate, and Maintain the WtE

Facility or related activities of a WtE• Design, Build, Operate, and Maintain the• Supporting Infrastructure for a WtE Facility• Conduct Site Preparation and Soil Investigation• Installation of transmission line1• Manage Corporate Social Responsibility• (CSR) during construction

Payment Mechanism:• Availability Payment(AP) basis2 and Performance

Based Penalties• The GCA has indicated that Semarang Municipality

has the ability to pay a Tipping Fee IDR 100 billion• Right to sell electricity to PLN with Feed in Tariff of

USD 13.35 cent/kWh• Right to sellother residues/by-products

PPP Period:20 years plus 3 years construction period

PROJECT OVERVIEWPROJECT PROFILE LAYOUT OF JATIBARANG LANDFILL

PPP PROJECT STRUCTURE

PPP TIME LINE

I

ar ov e J n A g ec

RE R I R S C I C S R C I

C CESSI

1. Availability PaymentAP is a regular payment by Minister/Head ofAgency/Head of Regional or City Governmentto the IBE for the availability of infrastructureservices that are in accordance with qualityand/or requirements determined in the PPPagreement.

2. Feed in Tariff (FiT)FiT is the tariff per kWh that will be purchasedby PLN through the PPA.

Note:* PT P N’s involvement and a Power Purchase

Agreement (PPA) is required only for WtEtechnology option producing electricity.

SOURCE OF REVENUE LAYOUT OF JATIBARANG LANDFILL

ProjectBackground

Enabling regulations

• The total amount of MSW generated in Semarang in 2017 is estimated at 1,022tonnes/day.

• Based on the current solid waste disposal, TPA Jatibarang will only be sufficient toaccommodate the incoming waste for another two years.

Responsibilities between the GCA,PLN,and the Private Sector for WtE

Note: 1. At this stage, PLN suggests that the IBE will be responsible for designing, building, operating, and maintaining the transmission line. This is to be further discussed with PLN and GCA.

Scope Construction Financing Operation Maintenance

WtE Facility IBE IBE IBE IBE

Supporting Infrastructure ofWtE Facility IBE IBE IBE IBE

Transmission Line (forWtE) IBE IBE PLN/IBE1 PLN/IBE1

Provision of sites forProject and Fly Ash-Bottom Ash (FABA)Landfill

GCA GCA GCA GCA

Waste Supply - - GCA -

• This Project is one of the National Strategic Project (Proyek Strategis Nasional/PSN) underPresidential Regulation (Perpres) No. 3 of 2016.

• Perpres No.35/2018 on Acceleration of the Development of Waste-to-Energy Plant basedon Environmentally Friendly Technology.

• Perpres No.38/2015 on the Cooperation between Government and Business Entities forthe Provision of Infrastructure.

• LKPP Regulation No. 29/2018 on Procedures for Implementing Business EntityProcurement in Infrastructure Provision Through PPP Initiated By Ministries/Heads ofAgencies/Heads of Regional Government (Solicited).

• Bappenas Regulation No. 4/2015 on the Implementation Procedures for the Cooperationbetween the Government and Business Entities in the Provision of Infrastructure.

The proposed Minimum Requirements of the Project includes:1. Comply with relevant legislations in Indonesia.2. A proven technology with a proven track record of successfully

processing waste with compositions similar to that of the Project,and resilience to changes in waste composition.

3. A technology proven to reduce the waste by more than 80% ofaccepted MSW through the facility on a massbasis.

4. Control of emissions compliant with the better of international orIndonesianStandards.

The proposed Output Specifications of the Project includes, as aminimum:1. To provide reception facilities that can quantify and monitor quantity

and quality of waste delivered to the facility.2. To process around 1,000 tpd of MSW through the facility.3. Divert a minimum of 80% on a mass basis of Accepted MSW from

Landfill per year through the Facility.4. Operate for 20 years and meet, at a minimum, the equivalent of the

higher of international or Indonesian environmental5. standards for air emissions.

MINIMUM REQUIREMENTS & OUTPUT SPECIFICATIONS OF THE PROJECT

The GCA is willing to consider other waste technology (i.e. non-WtE) options, as long as it address the proposed Output Specifications of the Project.

CONTACTInterested parties may contact the following person for furtherinformation or queries.

Name Ismet Adipradana

Agency Regional Planning Agency (Bappeda) of SemarangCity

Phone +62 822 2558 7162

Emailbappeda@semarangkota.go.idismetadipradana@semarangkota.go.id

PROJECT OVERVIEW

Project LocationKledung Sub-district, Temanggung Regency

Investment Estimated Cost• USD 3,250,000.00• Estimated Annual Income : USD 675,000.00• Estimated Average Profit Income : USD 485,089.29• NPV : USD 894,225.34• IRR : 19.70%• Payback Period : : 5 years 9 months 2 days

Project BackgroundThe large potential of fisheries sector in Rembang Regency makesthe local community utilize it by becoming fishermen hence a lot ofthem have ships in order to support their performance in fishing. Inorder to make the ships in its full potential, the owners have to docktheir ships. For docking their ships, the owners usually do thisactivity out of Rembang Regency, directly in Juana which is closestto ±27 km from Rembang Regency. This condition can be anopportunity for this regency to build its own ship docking facility forits local communities who have profession as fishermen as well asship owners from Pati and Tuban which are areas with high potencyin fisheries. The location utilized for constructing this ship dockingfacility is in Kebloran Village, Kragan Sub-district, RembangRegency.

Scope of WorkBreak water, Amplification, Development of facilities and infrastructures, Rail docking equipments for 21 ships

Land Status• Area : 8 Ha• Land owned by : Rembang Regency Government

Investment SchemeBuild Operate Transfer with 20 years concession period

Project LocationKledung Sub-district, Temanggung Regency

Investment Estimated Cost• USD 1,339,066.00• Estimated Annual Income : USD 385,000.00• Estimated Average Profit Income : USD 266,378.55• NPV : 171,223.65• IRR : 18%• MIRR : 16%• PI : 1.13• Payback Period : 7 years 9 months 2 days

Project BackgroundAccording to the plan, Kledung Rest Area will be built in an area of3.05 ha by choosing a strategic location with panoramic scene ofMount Sindoro and Mount Sumbing, and located on the edge of theTemanggung-Dieng main road. The development of this KledungRest Area is planned because there are numerous tourist attractionsthat has been established in Kledung Sub-district. It is expected tobe an opportunity to develop Kledung Rest Area. The developmentwill include construction of lodging, restaurants and cafes, businesscenter, public facilities, and supporting open space. Thisdevelopment of Kledung Agrotourism and Rest Area is expected tocollaborate with each other to foster the economic growth forTemanggung Regency.

Scope of WorkLodging, Restaurant and café, Business center, -Public facilities and open space, Other tourist supporting facilities

Land Status• Area : 3.05 Ha• Land owned by : Temanggung Regency

GovernmentInvestment SchemeBuild Operate Transfer with 20 years concession period

ContactInstitution : Temanggung Regency

Investment OfficeTelp/Fax : (0293) 491283 Office Email : dpmptsptemanggung@yahoo.com

FINANCIALANALYSIS

IRR 10.17% IRR 10.67% IRR 13.81% IRR 13.40%

B/C Ratio 1.06 1.46 1.08 1.43

NPV IDR 12,173 Million IDR 32,091 Million IDR 32,735 Million IDR 49,261 Million

Payback period 8.6 years 10.6 years 7.6 years 9.6 years

Details10 years w/o government

support

20 years w/o government

support

10 years with government

support

20 years with government

support

Scope of Work• Design, meterization, LED (auto dimming), cabling (underground

and hanging), lamp posts procurement and installation• Total Light: 31.368• Standard: SNI 7391: 2008

Investment SchemeBuild Operate Transfer with 10/20 years concession period

Project BackgroundBerdasarkan visi dan misinya, Pemerintah Kota Surakarta mengubahsudut pandanga tentang Penerangan Jalan Umum (PJU) kota darihanya aset yang dimiliki kota menjadi layanan publik. PJU menyinarijalan-jalan umum di Kota Surakarta. Total jalan umum di Surakartasekitar 976 km, berdasarkan penilaian saat ini oleh pemerintah kota

Project LocationSurakarta City

Land Status• Area : 46 Km2

• Land owned by : Surakarta City Government

Investment Estimated Cost• USD 27,186,643.76 (IDR 383,000,000,000.00)

ContactName : Ms. Endah Sitaresmi SuryandariPhone : +62-271-643-050, +62-271-636-285Email : kpbupju.solo@gmail.com

Project BackgroundSurakarta City is a city that always organizes numerous compellingevents every year but unfortunately there is no place that can beused to hold various events at the present. In order to support theGovernment program in making Surakarta City as the city of MICE(meetings, incentives, conventions, exhibitions), it is necessary tobuild a convention-exhibition hall which later can become a venue oflarge amount of local, national, as well as international scale events.The area chosen to build the convention exhibition hall is the area ofSurakarta City Warehousing and Various Enterprises (PAU) regionalhousing in Pendaringan with an area of 27,500 m2 which will bedivided into 12,500 m2 for the convention-exhibition hall and 15,000m2 for parking area. Planned supporting facilities in this convention-exhibition hall consists of meeting rooms, supporting rooms, foodcourt, office and mini store, guest house also parking area.

Project LocationKentingan Street No. 1 Jebres, Surakarta

Investment Estimated Cost• USD 8,872,928.57• Estimated Annual Income : USD 2,771,785.71• Estimated Average Profit Income : USD 1,259,428.57• NPV : USD 655,090.71• IRR : 17.56%• PI : 1.07• Payback Period : 4 years 10 months 25 days

Scope of WorkThe establishment of Convention Exhibition Hall and its supportingfacilities, such as:Meeting room, Supporting room, Food court, Office and mini store,Guest house, Parking area

Land Status• Area : 3.6 Ha• Land owned by : Surakarta City Government

Investment SchemeBuild Operate Transfer with 20 years concession period

ContactName : Chriswanto Tri S, S.E., M.M. Tel/Fax : 0271-635138Phone : 082137734900Email : ppks@pedaringan.com

Project LocationBinangun Sub-district, Cilacap Regency

Project BackgroundShrimp fisheries industry is a fisheries industry that concerns to all process of fisheriesproducts, specifically Whiteleg shrimp, namely from supplying the demand of shrimp feed toprocessing the result of Whiteleg shrimp farms aimed to foreign market. Activities that will bedeveloped in this integrated shrimp fisheries industry are shrimp feed factory, Whiteleg shrimpseeding, cultivation farm, and Whiteleg shrimp processing factory. The chosen location to beestablished for this integrated shrimp fisheries industry is Binangun Sub-district. Participationfrom the local community is expected in order to support the sustainability of the plan toestablish an integrated industry of shrimp fisheries. This participation can be given by thecommunity by being a collaborative partner in various businesses supporting the integratedfisheries shrimp industry.

Scope of WorkDevelop fisheries sector potency, especially shrimp feed indusry andfishery products processing industry in a form of:Shrimp feed factory, Hatchery, Cultivation farm for Whiteleg Shrimpand Whiteleg Shrimp processing factory

Land Status• Area : Estimates required 12,700 m2

(for manufacturing feeding mills) • Land owned by : Cilacap Regency Government

Investment SchemeBuild Operate Transfer with 25 years concession period

FINANCIALANALYSIS

SHRIMP FEED FACTORY

SHRIMP HATCHERYSHRIMP

CULTIVATION

SHRIMP PROCESSING

FACTORY

Investment Value USD 1,143,635.71 USD 2,100,992.86 USD 17,800,696.43 USD 14,351,411.43

Estimated Annual Income

USD 6,428,571.43 USD 203,514.29 USD 7,344,000.00 USD 43,659,000.00

Estimated Average Profit Income

USD 274,850.61 USD 38,548.95 USD 3,686,428.22 USD 4,771,521.90

NPV USD 483,907.50 USD 102,544.98 USD 6,576,177.91 USD 20,254,795.66

IRR 22% 26% 24% 39%

PI 1.29 1.47 1.37 2.11

ARR 19% 20% 27% 35%

Payback period4 years 2 months 14 days

3 years 8 months 28 days

4 years 2 years 8 months 2 days

ContactName : Dian Arinda Murni, SH, MMEmail : sekretariat.bpmpt.cilacap@gmail.comTelephone : (0282) 542909 Phone: 0811260831

Project LocationTlogowungu Fish Seed Shop, Brati Fish Seed Shop, and Sukolilo Fish Seed Shop of Pati Regency

Investment Estimated Cost• USD 852,638.79• Initial Production : USD 49,750.29, in the fourth year it becomes USD 67,428.86• Estimated Average Profit Income : USD 278,243.09• NPV : RP 13.924.965.603• IRR : 17.41%• BCR : 5.24• Payback Period : 3 years

Project BackgroundFishery sub-sector is one of food types that provide many nutrients, especiallyprotein, and very useful to support human physical growth. This is supported byIndonesian’s natural condition where of the area is territorial waters which fullof fishery potential and other biological protein sources. Pati Regency has 642ha land that is utilized as Saline Tilapia fish cultivation spread in Tayu Sub-district, Dukuhseti Sub-district, and Margoyoso Sub-district. The development ofSaline Tilapia hatchery is planned in order to fulfill demand of domestic market,which is 96,300,000 seeds. Moreover, the development of this Saline Tilapiahatchery is also in line with the plans of the Republic of Indonesia Ministry ofMaritime Affairs and Fisheries which will establish Pati Regency as SalineTilapia fish cultivation area. The development areas of Saline Tilapia hatcherywill be placed in Tlogowungu Fish Seed Shop, Brati Fish Seed Shop, andSukolilo Fish Seed Shop.

Scope of Work• Bending pool in Brati Fish Seed Shop (FSS), Tlogowungu FSS, and

Sukolilo FSS.• Spawning pool in Brati FSS, Tlogowungu FSS, and Sukolilo FSS.• Nursery pool in Brati FSS, Tlogowungu FSS, and Sukolilo FSS.

Land Status• Area : 3.6 Ha• Land owned by : Pati Regency Government

Investment SchemeRent-Add and Use Coope-ration or Joint Venture

ContactName : Ir. Edy Martanto, MMTelp/Fax : (+62295) 381932Phone : +6281326270555

Project LocationGrobogan Regency

Investment Estimated Cost• IDR 50 billion / US$ 3.6 million • NPV : IDR 22.5 billion• IRR : 15.88%• Payback Period : 5 years 8 months

Slight OverviewGrobogan regency is particularly known as one of the agriculture centers inCentral Java by producing tonnes of rice and corn. It allocates 83.94% of theirland for specifically for agriculture to produce 622,575 tonnes of rice. Providingthe place which can contain the rice is the main issue which needs to beaddressed urgently. Thus, this “rice and corn hotel” project provides investor withclear projected benefit. The benefits from building the warehouse are as follows :1. The warehouse management will issue a receipt which can be used as a

warranty when applying for credit at the bank.2. The warehouse management can gain profit by charging the farmers for

storing their crops.3. The warehouse management can also buy the rice directly from the farmers to

be distibuted further

Scope of WorkConstruction, Operation and Management of the warehouse

Land Status

1. Sub-DistrictGodong

• Area : 1.5 Ha• Status : Right to Use• Authority : GroboganRegency

Government

2. Balai Benih PertanianGrobogan Regency• Area : 7 Ha• Status : Right to Use• Authority : Grobogan Regency

Government

3. Allocation for New AreaBased on the Regent RegulationNo 15, 2014. The area are on thealongside of National / Provinceroad by 250 meters away fromtheroad.

Contact

Name : Mrs. Endah Tri Sulistyorini, ST, M.Si.Position : Head of Economic Division, Grobogan Regional

Development Planning AgencyPhone : (+62292) 421084Mobile : +6285 225 420 052

Warehouse receipts, also known as warehouse receipt systems (WRS), are proof of ownershipdocuments stored in a warehouse issued by warehouse management (Law No. 9, 2011).

BY IMPLEMENTING THE WAREHOUSE RECEIPT SYSTEM