Cipta Perdana Lancar Ready to Expand and Diversify for Sustainable Growth

INDUSTRY.co.id - Jakarta - Since its establishment in 2007, PT Cipta Perdana Lancar Tbk (PART) has continued to transform into a major partner in the supply of spare parts for the automotive, sanitary, and electronics industries. With more than 49 large clients who entrust their component needs, PART plays a strategic role in maintaining the continuity of the national manufacturing supply chain.

 

PART has recorded impressive financial performance with an average annual revenue growth (CAGR) by 27.3% since 2021. Its 2024 net profit is estimated to reach Rp23.3 billion with a net profit margin by 9%, while its 2024 revenue optimized at Rp267 billion. Meanwhile, we are currently still in the audit process.

 

Based on this foundation, the company is optimistic about posting revenue growth up to 15% in 2025. “Our growth momentum is getting stronger after the IPO. We see great potential in various sectors that we can synergize with our manufacturing excellence,” said Hamim, the President Director of PT Cipta Perdana Lancar Tbk (PART), in front of investors and entrepreneurs from Malaysia at the Nusantara Investment & Opportunities 2025 event with the theme Strengthening Indonesia-Malaysia Business Synergy.

 

The company will diversify its business from the automotive sector to other manufacturing such as meeting the needs of tray food for the needs of the government's nutritious meal program with a production target of a million tray food per month, as well as diversifying in the agricultural equipment sector. So that the management of the company targets revenue at the end of 2025 will touch more than Rp1 trillion with an estimated growth of more than 200 percent. “Assuming tray food and agribusiness can run smoothly in this year according to the company's target,” Hamim clarified.

 

Hamim mentioned that the company's contribution to the tray food program is due to its concern for this government program which is considered very good for the development of Indonesian children. Children's nutritional needs must be met for their growth and development. We must contribute to the progress of Indonesia.

 

To achieve this target, the com[pany will build a new 8,000 m² production facility that will increase production capacity and efficiency. This step is taken to respond the market demand growing and strengthen the company’s role in supporting the national manufacturing sector.

 

Besides, the company starts to enter the food tray market as a hygienic and sustainable packaging solution, in line with the government's Free Nutritious Meal (Makan Bergizi Gratis /MBG) program. With an existing sales target of Rp364 billion, this initiative does not only expand its business lines, but also contributes to support the ecosystem of providing healthy food for the community.

 

In addition to the food sector, the company is also ready to contribute to the strengthening of the national agricultural sector by providing high-quality agricultural tools and machinery. Armed with experience in steel and plastic fabrication, the company targets a contribution of 5-10% to the total need for agricultural tools and machinery in government programs. This step is expected to help improve the efficiency of the agricultural sector while supporting national food security.

 

As a company that has grown alongside the national manufacturing industry, PART sees great potential in the direction of people-oriented economic policies. from the direction of people-oriented economic policies. “We are optimistic about government policies that are pro-industry and are predicted to encourage economic growth of up to 5-8%. With a strong foundation and the right strategy, this company is ready to contribute to this acceleration,” said Hamim.

 

In addition to the domestic potential, the growing trade and investment relationship between Indonesia and Malaysia is also a growth catalyst for this company. With the commitment of cooperation between President Prabowo and Prime Minister Anwar Ibrahim, investment from Malaysia into the national manufacturing sector is increasingly open. As a company that is also supported by Malaysian investors, PART sees this opportunity as an impetus to expand its market and increase production capacity to meet growing demand.

 

With a combination of expansion strategies, macro policy support, and cross-border investment opportunities, PART is ready to go further in supporting national industrial growth and contributing to various strategic government initiatives.

 

At the same event, a figure in the field of Financial Economics and Capital Markets, Dr. Hans Kwee, said that if Indonesia wants the economy to grow significantly, it must encourage manufacturing to grow by 10 percent. As is known, the contribution of the manufacturing sector to Indonesia's Gross Domestic Product (GDP) reached by 18.67 percent in 2023 or by 0.95 percent of the growth of 5.05 percent and the economy can grow by 8 percent in 2029, then the manufacturing sector must grow by 10 percent.

 

One factor that is capable to drive this growth is downstream programs in natural resource-based industries. The downstreaming will significantly increase added value, create jobs and encourage more sustainable industrialization.

 

Hans Kwee emphasized that we can see that countries that have downstreamed tend to have more stable economies than those that only depend on raw material exports. Indonesia has downstreamed the mineral and energy sector, which is a very strategic step to increase global competitiveness and strengthen the domestic economic structure.

 

Equally important, it requires investment in technology and workforce training to improve the quality of human capital. So that there is better sustainability, where our manufacturing industry currently employs more than 18 million by 2023 or a total of 14 percent of the total workforce.

 

Our manufacturing performance reflects positive results in recent times, the Indonesia's S&P Global Manufacturing PMI rose to 51.9 in January 2025, up from 51.2 in the previous month. even the GDP of Manufacturing in Indonesia increased to Rp672.13 trillion in the fourth quarter of 2024, from the previous quarter's Rp667.63 trillion.

 

As for agritech, Hans Kwee stated that this potential is huge, but the challenges must first be overcome such as the application of technology in agriculture, access to funding and agricultural insurance and market access for agricultural products, to a long and inefficient supply chain resulting in low and unstable prices.

 

In the future, with the growth and development of technology, our agricultural system can already use the Internet of Things (IOT) to accurately monitor soil moisture and plant nutrients. The use of drones for mapping and spraying agricultural land. For this reason, innovation adjustments and training for farmers are needed so that the use of technology in agriculture is truly effective and efficient. “This potential can be utilized by PT Cipta Perdana Smooth Tbk to diversify its business and increase the potential for more sustainable income,” concluded Hans Kwee.

 

Meanwhile, Anton Apriyantono, M.sc. PhD, the Minister of Agriculture in the United Indonesia Cabinet for the 2004-2009 period, said he was quite optimistic about the Prabowo Subianto administration in the agribusiness sector. He considered what Cipta Perdana Lancar has done in diversifying its business, one of which is agricultural support equipment.

 

Indonesia, Anton continued, owns fertile agricultural land. The total area of agricultural land currently reaches 45 million hectares out of a potential 65 million hectares. “Agricultural extensification is still possible, although it’s not easy. With a population of around 280 million, the need for food in Indonesia is very high, besides the need for housing and clothing,” Anton concluded.***