Key insights and market outlook
The Mandalika Special Economic Zone (KEK Mandalika) has attracted Rp 5.73 trillion in investments by Q4 2025, with an estimated Internal Rate of Return (IRR) of 11.2%. Developed by state-owned tourism company ITDC, the zone is being positioned as both a tourism destination and economic driver. The area is known for hosting MotoGP events and is now entering its next development phase with strategic initiatives including international brand partnerships and infrastructure development.
The Mandalika Special Economic Zone (KEK Mandalika) has successfully attracted Rp 5.73 trillion (approximately USD 357 million) in investments by the fourth quarter of 2025. This significant capital inflow has positioned Mandalika as a competitive and sustainable investment destination in Indonesia's tourism sector. The estimated Internal Rate of Return (IRR) stands at 11.2%, indicating strong potential for future returns.
Ahmad Fajar, Financial Director and Acting CEO of ITDC (InJourney Tourism Development Corporation), revealed that Mandalika is entering its next development phase with several strategic initiatives. These include:
The development strategy for Mandalika goes beyond creating a tourism destination; it aims to establish a comprehensive economic ecosystem. By activating various elements within the circuit and surrounding areas, ITDC aims to create a significant multiplier effect through:
The successful implementation of these initiatives is expected to further boost Mandalika's attractiveness as both a tourism and investment destination, contributing positively to Indonesia's economic growth.
Significant Investment Influx in Mandalika SEZ
Strategic Development Initiatives Announced