Morotai, one of Indonesia's northernmost islands in the Maluku chain to the east of the sprawling archipelago, is set to be a new growth centre under a 6.8 trillion rupiah (S$640 million) project to develop a special economic zone (SEZ).

Jakarta-listed property developer Jababeka said it has attracted nearly US$170 million (S$232 million) in investments - including from two Japanese firms - for tourism, fishery and agriculture projects, and expects more investors from Taiwan as well as from countries such as China and Singapore.