Home Blog Business Investment in Semarang: Which Sector Has Great Potential for 2023? Business Licenses | Business Setup | Semarang Business Investment in Semarang: Which Sector Has Great Potential for 2023? InCorp Editorial Team 23 June 2025 5 minutes reading time Table of Contents Semarang Has Great Potential to Attract Investors Valuable Business Sectors to Invest in Semarang for 2023 Setting Up a Business with InCorp Indonesia Semarang – a city in Indonesia that passes over without giving due attention, has excellent potential for business investment. The business potential is now recognized as the city welcomes more investments. The head of Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (One Stop Investment and Services Office) reveals excellent investments in Semarang have continued to increase throughout 2022. Semarang Has Great Potential to Attract Investors Several sectors have seen more investment than others, including trade, construction, health, education, and industry. To further illustrate the investment trend, Semarang has seen an astounding 70% increase in investment. The increase happens specifically in the trade sector, 32% in the industrial sector, 22% in the tourism sector, and 11% in construction. The reason for such an increase is the geographical location of Semarang, which is close to Batang and Kendal industrial areas. Investment Regulations in Semarang It became a foundational reason expatriates chose to live in Semarang to do business in Indonesia. The investments in Semarang perceive through the development of residential, hotel, and apartment complexes. Other investors are also currently developing an industrial zone. The Semarang Government is also determined to streamline business processes by abiding by the regime introduced by the Omnibus Law. Further assistance will also address the issues that may arise on the investment. Semarang is to see an excellent capital injection in 2023. In this case, the Government of Semarang is preparing to issue a Regional Regulation regulating tax reductions, facilitating access to roads and lighting, and other stipulations to ease further and incentivize investors. InCorp Indonesia (formerly Cekindo) will help you to streamline your business process for investing in Semarang. Government Support in Semarang A Mayoral Regulation will be made before the Regional Regulation to address the same. Semarang Governmental Officials reveal that the regulations will also consider the benefits and advantages it holds over having airports, seaports, and toll roads that are highly accessible to attract the attention of big investors. Lastly, official levies are also regarded within the regulations and with certainty regarding the time for obtaining permits and licenses. The entertainment sector is also receiving attention from investors as prominent actors like Raffi Ahmad are exploring the potential to collaborate with the Semarang Government. Read more: Why You Should Care About Preparing Growth Plans For Business Valuable Business Sectors to Invest in Semarang for 2023 Notable business sectors that are integral to mention and discuss are the construction sector. Semarang welcomes the construction of a Superblock containing malls, hotels, and apartments with an investment value of IDR 2 trillion. Aside from that, Semarang is also anticipating the development in the industrial area of Tugu. The investment should have a multiplier effect so that the ongoing recession does not significantly impact Semarang. Priority Investments and Projects in Semarang for 2023 One of the priority projects for Semarang is the Waste Processing project in Jatibarang, whereby waste materials are further processed and transformed to become electrical energy that will benefit the citizens of Semarang. The project has excellent value and is one of the 4 (four) biggest ones to go through by the Semarang Government in the coming year. Apart from that, the city is also preparing to conduct a Semarang Expo Center. Tram train lines are also reactivated and are considered a big project. Particular areas like the Simpang Lima area are heading to become diamond areas by revitalizing the Baiturrahman Mosque, arranging hotel availability, and focusing on construction. 1. Industrial Estate Industrial areas like Kendal and Batang are committed to providing investors with the best service and opportunities. The aim is to improve infrastructure and welcome investors for Semarang to become a new economic corridor for Indonesia. The availability of infrastructure, gas networks, and varied modes of transportation poses a unique attraction for potential investors. The Semarang Government aims to inform industrial estate players regarding the advantages of investing in Indonesia. 2. Infrastructure Semarang is ambitious in developing its tram lines and underground public spaces. These two projects are to start in 2023, along with other equally large projects. The reactivation of the tram line in Semarang is valued at IDR 300 billion and is a project conducted along with PT KAI. Even though Semarang has an optimistic view of 2023, the Semarang Government still has homework to complete regarding investment. It aims to collaborate with the Central Government and private entities in the city’s development. The Semarang Government sets targets to achieve periodically and seeks to use the regional budget for the development of the people. Guide to Doing Business in Semarang Mailchimp Free eBook Semarang Newsletter Full NameEmail I have read InCorp's Privacy Policy and agree to InCorp using my information provided to contact me about related content, and services.*Download Setting Up a Business with InCorp Indonesia Due to the positive trajectory, business actors looking to advance their investments in other parts of Indonesia should focus on Semarang. They may do so by seeking the help of InCorp Indonesia (an Ascentium Company) to assist with administrative and cumbersome processes on Company Registration and Business Licensing. InCorp Indonesia can advise you on the most suitable way to enter the market effectively. Read Full Bio Verified by Hotdo Nauli Senior Legal & Delivery Manager at InCorp Indonesia Hotdo heads the Legal and Delivery team at InCorp Indonesia, managing Product Registration, Legal Advisory, and Business Licensing. With over 8 years of experience, she focuses on compliance and integrity, ensuring all client operations align with Indonesian laws and regulatory standards, including contract reviews and sector-specific licenses. She is also a licensed advocate and a member of the Indonesian Advocates Association (PERADI). Frequently Asked Questions Can a foreigner form a CV? A foreigner is not allowed to form a CV in Indonesia Is there limited responsibility for shareholders in a PMA company? In a PMA Company in Indonesia, shareholders typically have limited liability, meaning they’re not personally liable for agreements or losses beyond their shareholding, except in certain circumstances. Liability may extend if the company isn’t properly established or if shareholders exploit the company in bad faith, engage in unlawful acts, or deplete company assets to the detriment of creditors. Can Investors 100% own a PT PMA Company? According to Presidential Regulation No. 10/2021 and the amended version, all businesses are open for domestic and foreign investment with these limitations and classifications: Eight businesses are closed to foreign investment and may be operated by the central government. Designated business sectors or joint ventures with cooperatives (koperasi) and micro, small, and medium enterprises Open businesses are subject to specific conditions, such as those that are exclusively available to 100% local investors, those with restricted foreign shareholding, and investments requiring special licenses Certain sectors are closed to foreign investment, including narcotics cultivation, gambling, and environmental conservation activities. Will the government check the minimum paid-up capital for doing business in Indonesia? The government will check the minimum paid-up capital, IDR 10,000,000,000. Fulfilling this requirement is a must. Get in touch with us. 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