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Reason to Invest (Why Aceh?
Strategic location Investment Supporting Infrastructure
Aceh is a province known as the Veranda of Mecca, located at the northern tip of the island of Sumatra and the westernmost province of Indonesia.
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Its location is adjacent to the Andaman and Nicobar Islands in India, bordering the Bay of Bengal in the north, the Indian Ocean in the west, the Malacca Strait in the east, and North Sumatra Province in the southeast and south. The Toll Road Construction Project in Aceh Province is part of the Trans Sumatra Toll Network with a total length of 2,700 kilometers. The toll road, which starts from Bakauheni to Banda Aceh, is the main infrastructure that is ready to support investors’ investment and business in addition to other supporting infrastructure such as Sultan Iskandar Muda International Airport (SIM) and other ports that connect districts/cities in Aceh.
The location of Aceh at the entrance to the Malacca Strait and the Malay peninsula which is the main trade route of ASEAN with a population of 655,298,044, will open up investment opportunities for potential investors in this province. Prominent Commodities
Aceh has abundant potential and natural resources spread over 23 districts/cities. Each district/city offers prominent commodities suited to investors’ interest, including Arabica coffee from the Gayo highlands which is considered as one of the best coffees in the world.
Besides coffee, Aceh also has other commodities in the plantation sector such as cocoa, palm oil, patchouli and rubber. In the fisheries sector, Aceh has high quality lobsters and freshwater prawns for the world market. In addition, Aceh’s agriculture is also superior in various food crops including rice or grain, corn, etc.
Human Resource Competency
In regards to improve the Human Resources (HR) in Aceh to be more competent and competitive in the world of work, Aceh government has stipulated The Aceh Governor’s Regulation Number 28 of 2019 concerning Aceh Government Scholarships. In 2021, the Government of Aceh and the Aceh Parliament agreed to allocate a budget of Rp. 89.21 billion which is intended for all types of scholarships from the Diploma to Doctorate levels both at home and abroad with the hope that the beneficiaries of these scholarships can contribute to the region after completing their education.
Condusive Business Climate
The Aceh government opens investment opportunities to investors, both from within and outside the country, supported by a conducive business climate by providing convenience for investors in obtaining information and business permits. The Aceh government through the Aceh Investment and One Stop Services Agency continues to improve the digitization of services to achieve an efficient and transparent licensing process. Business licensing services and online non-licensing services are supported by the Online Single Submission (OSS) system developed by the Investment Coordinating Board/ Ministry of Investment, and SiCantik Cloud under the Ministry of Information and Communication Technology. The ease of online services is also effective in preventing high costs licensing process.