Articles

Located on the Malaysian part of the island of Borneo, the geopark includes Kuching—the UNESCO Creative City of Gastronomy—as well as an extensive river delta system and a landscape that transitions from low-lying plains to higher ground inland.

Blessed with bountiful sunlight, BIMP-EAGA has significant potential to develop solar power, along with other renewables, to speed its energy transition.

In BIMP-EAGA, as elsewhere, these protected areas help preserve cultural heritage, biodiversity, and geological sites of international significance as well as support local economies.

The planned 28,000-hectare economic zone is expected to promote cross-border investment and trade linkages, enhance transport connectivity, and strengthen regional value chains.

Special economic zones can be turned into interconnected engines of growth, particularly along economic corridors, maximizing spillover effects and creating and deepening linkages to the domestic and regional economy.

BIMP-EAGA convened an inception meeting of the new Economic Zones Working Group (EZWG) on Monday, 29 June, in Jakarta.

Adopting a tailored approach, Indonesia leans on the strengths of each eastern region to maximize growth potential.

An ADB-supported initiative will enhance national Authorized Economic Operator (AEO) programs in BIMP-EAGA and make them more accessible to MSMEs.

The plan, which aims to spur regional growth, would facilitate the transport of perishable commodities to regional processing centers.

Under the plan, Davao de Oro, Davao Oriental, and Davao Occidental provinces will form the gateway.