Evaluation of Establishment of Oleochemical Industry in Special Economic Zone in Aceh Using SWOT Analysis

The purpose of this research is to see the opportunities of oleochemical industry establishment in the midst of the plan to establish a special economic area in Lhokseumawe Aceh. This research was conducted in Lhokseumawe and Aceh Utara district. Design / methodology is done by regulation of review, interview, and observation / supervision. Results from structured interviews and collected data were analyzed using qualitative analysis. Researchers analyzed the oleochemical industry market opportunities in a special economic region in Lhokseumawe Aceh using SWOT analysis. The results show that the area of oil palm plantations, human resources, geography, former industrial infrastructure in Lhokseumawe, and openness of the government is very possible established oleochemical industry in the special economic region (KEK) Arun Aceh. This plan will be threatened to be cancelled or transferred to another province when the central government, regional government, and consortium companies do not seriously realize the established development. This study was conducted only to see the SWOT analysis and recording actions taken by the government. Do not see from the side of financial feasibility. Despite these limitations, the findings of this study allow governments, consortium companies, and investors to assist in obtaining a true picture for subsequent decision making.