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Integrated Economic Development Region (KAPET) is: geographic region with specific limits having 3 (three) criteria i.e. having potential to rapidly grow, require mainstay sectors that can drive the economic growth in the vicinity and require large investment for its development. Government has stipulated 13 KAPET in Indonesia by virtue of Keppres i.e.: 12 the largest KAPET in 12 provinces in Indonesian Eastern Area namely: Kapet of the Equator (Pontianak), Batulicin (South Kalimantan), Das Kakab (Central Kalimantan), Sasamba (East Kalimantan), Pare pare (South Sulawesi), Batui (Central Sulawesi), Bukari (North Sulawesi), Manado Bitung (North Sulawesi), Bima (NTB), Mbay (NTT), Biak (Papua) and Seram (Maluku). While in the Indonesian Western Area is Bandar Aceh Darussalam (Nanggroe Aceh Darussalam).
Seram Island is stipulated as the Integrated Economic Development Region (KAPET) Seram by virtue of Keppres No. 165 of 1998, for which the region covers all Islands of Seram, Buano, Manipa and Kelang. The said Kepres is then followed up by the formulation of Kapet Seram by virtue of Kepres No. 150 of 2000. Management of Kapet Seram is made by a Management Board (BP) chaired by Maluku Governor and assisted by Deputy Chairman acting as the executive and some directors and staff, based on the decree of Maluku Governor No. 99 and 100 on August 7th, 2001 regarding the Formulation of Integrated Economic Development Region Management Board (BP Kapet Seram).