Phase I, KIT Batang Gets An Investment Of IDR 6.8 Trillion

KIT Batang (Photo: dock. Antara)

PT Kawasan Industri Terpadu (KIT) Batang or Grand Batang City has confirmed that in phase I as many as 14 tenants from national and global companies engaged in multi-sectors will invest in the area with a total investment value of IDR 6.8 trillion.

The largest investment value is held by KCC Glass Corporation with an investment value of IDR 1.75 trillion and has started construction in August 2022 and was raped to operate in the third quarter of 2024. This South Korean glass manufacturing company is projected to absorb 450 workers.

Furthermore, the tenant with the next large investment value of a pipeline manufacturer from the Netherlands, Wavin Manufacturing Indonesia, amounted to IDR 1.20 trillion. The company is engaged in pipeline manufacturing and is expected to absorb 467 workers.

Furthermore, PT Rumah Keramik Indonesia (RKI) and PT Yih Quan Footwear Indonesia are engaged in the footwear industry from Taiwan with an investment value of IDR 900 billion each.

Meanwhile, RKI is expected to absorb as many as 750 workers and 13,200 Indonesian PT Yih Quan Footwears. Both companies are targeted to start operating in the first quarter of 2024.

The following is a complete list of tenants who entered KIT Batang in phase I:

1. KCC Glass: Rp1.75 trillion2. Wavin Manufacturing Indonesia: Rp1.20 trillion3. RKI: Rp900 billion4. Yih Quan: Rp900 billion5. Indo Gas Samator: Rp800 billion6. Unipack Plasindo: Rp500 billion7. Cosmos Indo Ink: Rp255 billion8. Tawada Healthcare: Rp180 billion9. Interscale Medika Solusindo: Rp100 billion10. Interscale Medika Indonesia: Rp100 billion11. Window Shutter Indonesia: Rp50 billion12. Acindo Medika Sejahtera: Rp50 billion13. Jayamas Medica Industri: Rp30 billion14. LG Consortium: Rp -

Meanwhile, in phase II, KIT Batang has received two tenants with a total investment of IDR 1.78 trillion, each consisting of a Wanxinda Group investment of IDR 1 trillion and PT Xiang Jiang Group Indonesia around 40 million US dollars to 50 million US dollars or equivalent to IDR 780 billion.

Tenant Relations KIT Batang Ilham Zukhruf said, until now many tenant candidates will soon follow into KIT Batang not only from within the country but also abroad.

"The tenants here are a pioneer company. In a sense, they have never been opened in Indonesia at all. So if tenants in other regions want to move here, they are not allowed," he explained to the media, Monday, December 11.

Ilham said that KIT Batang will be built in three stages where in phase I for all types of industries, the second stage will focus on the technology sector, and stage III in the commercial area.

For information, PT KIT Batang is a member of the BUMN holding company PT Danareksa (Persero). The shares of PT KIT Batang are controlled by PT PP Tbk (PTPP), PTPN IX, PT Kawasan Industri Wijayakusuma (KIW), and the Regional Government (Pemda) of Batang Regency.