Wow! Unilever Puts IDR 2.5 Trillion In Sei Mangkei, Builds A Factory That Absorbs 6,000 Workers

JAKARTA - PT Unilever Oleochemical Indonesia said it was ready to invest IDR 2.5 trillion in the Sei Mangkei Special Economic Zone (SEZ) in North Sumatra for the development of a new factory.

Later, the production facility will have the potential to create at least 600 direct workers and 6,000 more indirect workers.

Unilever Indonesia Finance Director, Arif Hudaya, said this strategic step was an expansion of Marvel 2, namely the expansion of oleochemical products and products with added value, namely soap noodles and surfactants through technological innovation.

"The investment value is IDR 2.5 trillion", he said in a press statement, Tuesday, June 8.

Arif added that the investment expansion will produce the main product, split fatty acid, which is intended for the Indian market (Hindustan Unilever Ltd).

On the same occasion, Coordinating Minister for the Economy Airlangga Hartarto welcomed Unilever Indonesia's plan to add new investment in the SEZ Sei Mangkei. According to him, the government will provide incentives in the form of a tax holiday for new investments that will be made by business actors to accelerate economic activity.

"The incentives given are real efforts from the government to create a conducive investment climate in the country", he said.

For information, from 2013 to 2020, Unilever has invested IDR 2.5 trillion. Then Unilever made a follow-up investment in Marvel 1 of IDR 300 billion in 2021, whose physical progress has reached 92.5 percent.

Through the planned additional new investment of IDR 2.5 trillion, Unilever's total investment in the Sei Mangkei SEZ will reach IDR 5.3 trillion.

Meanwhile, to date, Unilever's presence in the Sei Mangkei SEZ has had a fairly broad economic impact, including the addition of nearly 300 million US dollars in exports which later increased to 800 million US dollars per year.

Unilever's investment is also said to provide a multiplier effect outside the SEZ Sei Mangkei area, especially for the micro industry. It was reported that the company headquartered in the Netherlands was the initiator of the establishment of retail shops, hotels, cafes, restaurants, and other shops that empower local residents.