Identifying Benefit Register and KPI for Special Economic Zones in Indonesia

- In 2009, the Government of Indonesia issued Law (UU) Number 39: concerning the implementation of Special Economic Zones. This product was born for a noble purpose: 1). Accelerating economic development, 2). Building a balanced development between regions, within the framework of one economic unitary state of the Republic of Indonesia. Special Economic Zone, Coordinating Ministry for Economic Affair is the institution that be assigned to managing the SEZ development program. Until today, the SEZ program is measured every year, using metrics parameters that always changing over year; the impact of it is clear, the SEZ progress evaluation is very difficult to be done, since there is no key performance indicator criteria are established to define a success factor of SEZ program. Lack of effective monitoring and evaluation is a critical weakness in most SEZ programs (2016 ASEAN Guidelines for SEZs). Managing each SEZ as well as all SEZs could use program management approach, since a huge interdependencies among projects within each SEZ development, and of course in managing all SEZ in Indonesia. In order to improve the effectiveness of monitoring system of SEZ program development, this research had identified the Key Performance Indicators (KPI) using the program benefit realization registration, of SEZ development in Indonesia. During the research, the authors find out there are 31 KPIs that relevant and can be used to monitor the SEZ development program in Indonesia.