INDUSTRY.co.id - Monday, November 14, 2016, PT Kawasan Industri Kendal, a company formed by PT Jababeka Tbk and Sembcorp Development Ltd, will be officially opened by the President of Republic of Indonesia, Joko Widodo and Prime Minister of Singapore, Lee Hsien Loong .

The two heads of state are scheduled to meet at Wisma Perdamaian in the morning around 09.00-12.00 WIB, to discuss various economic cooperation between the two countries, before doing their main objective inaugurating Kendal industrial park.

In addition to the President of RI and the Prime Minister of Singapore, this meeting will also be attended by 20 ministers from each country. The ministers will then sign the cooperation in various fields.

President Director of PT Jababeka Tbk Budianto Liman said, the inauguration will also be attended by hundreds of entrepreneurs and investors from various companies from several countries.

This area will be inaugurated by the President of the Republic of Indonesia Joko Widodo and Prime Minister of Singapore Lee Hsien Loong. The Integrated Territory is expected to create 15,000 new jobs with an estimated absorption of investment in the initial phase of Rp 20 trillion. Of course we hope that the entire first phase of the 860 ha area can be completed in the next few years so that it can absorb up to Rp 160 to 200 trillion of investment and create employment of around 500,000 people, Budianto Liman told Industry.co.id, On the sidelines of a press conference preparation for the inauguration of Kendal industrial park at the official house of the Governor of Central Java on Sunday (13/11).

Budianto is optimistic that the development of Kendal industrial park Park by the Bay will also be able to accelerate the development of Central Java province which is currently only 5% of the total industry in Indonesia.

Through the development of this integrated area, we are optimistic that the total number of Indonesian industries built in Central Java will increase from the current 5% to around 10% in the next 5 years. This figure is still far from the realization of the total industry of Indonesia of 65% located in the area of ​​Jakarta and surrounding areas. That is one of our determination through the development of this integrated area, he said.

Please note, the integrated area, nicknamed Park by the Bay will be established on an area of ​​2700 ha. Kendal Industrial Park, equipped with residential and commercial areas.

There are currently 20 investors investing in Kendal industrial park with total investment value of RP 4.3 Trillion and will absorb direct labor as many as 4,000 people.

Park by the Bay is designed to be an internationally standardized industrial zone with mixed-use development covering industrial and residential and commercial areas that meet the increasing demand for competitive manufacturing costs in Indonesia.

Located about 21 km west of Semarang, and 20 km from Ahmad Yani International Airport, and 25 km from the Port of Tanjung Emas.

Park by the Bay in Kendal industrial park offers the availability of production land with a complete infrastructure, including the availability of skilled labor that is competitive with wage labor that is also more competitive than other areas.

The Kendal industrial park provides a full range of customer support with fast start-up and hassle-free operation, and is equipped with an international standard infrastructure that offers land facilities for custom-built factories, ready-to-build factories, electricity, water and water treatment Waste, executive housing with complete facilities, well-run worker dormitories, and others, "he concluded.

With a promising prospect, supported by the ease of investment and facilities offered, it is no exaggeration if the Industrial Park of ​​Kendal (KIK) has now become a new icon for investors to invest in Indonesia, and in the so-called New Heaven of Investment in Indonesia