30 Singapore Companies Ready to Rent Kendal Industrial Park

By : Aldi Firhand Alqudri | Saturday, July 29 2017 - 20:11 IWST

Supports Industrial Area, Pelindo III develops Kendal port
Supports Industrial Area, Pelindo III develops Kendal port

INDUSTRY.co.id - Jakarta - A total of 30 companies committed to rent industrial area Kendal or Industrial Park, in Central Java. The total investment of industrial tenants from the cooperation of Singapore reached US $ 360 million or equivalent to Rp 4.78 billion.

The result of this collaboration creates more than 1,700 jobs. This is a July issue announced at a meeting of leaders, said Deputy for International Economic Cooperation Coordination of the Ministry of Economic Affairs Rizal Affandi Lukman after the bilateral meeting on Friday (28/7/2017).

The government noted about 41 other companies have expressed interest in joining. Later, the entire company in the region is able to employ about 4,000 people.

Kendal Industrial Parks was inaugurated by President Joko Widodo and Prime Minister of Singapore Lee Hsien Loong on November 14, 2016. The 2.7 thousand hectare area is the result of the cooperation of both countries operated by PT Jababeka Tbk., And Sembcorp Development Ltd, and became the location alternatf Industry other than in Jakarta.

Rizal said the ministerial talks between Indonesia and Singapore also discussed the development of Batam, Bintan and Karimun areas. The other five topics that become the agenda of discussion that is related to investment, tourism, transportation, human resources development, and agribusiness. "A lot of good achievements in those sectors."

In addition to industrial areas in Kendal, Singapore is also working with Keppel, Pavilion Energy and PT Perusahaan Listrik Negara (Persero) for small-scale LNG distribution and power distribution to several areas in Sumatra and Kalimantan.

In the field of tourism, there is an agreement for development on the beach Boom Banyuwangi, East Java. And the development of Lake Toba, Medan.

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