JAKARTA - PT Sumber Sinergi Makmur Tbk. (IOTF) or Fox Logger plans to expand its business to the State Capital (IKN) Nusantara.

IOTF CEO Alamsyah Cheung said that the expansion to IKN was inseparable from the great opportunities in line with the integrating development phase, including the construction of various new buildings and facilities which were considered to have a strategic position as a provider of growing market needs.

"This condition raises a high demand for heavy equipment and trucks, which is the main target market for IOTF products," Alamsyah said in his official statement, quoted on Saturday, January 6.

In addition, Alamsyah said that his party saw a great opportunity in IKN. For this reason, IOTF is determined to provide the best service for customers in IKN.

"We can accelerate the service process, especially in terms of installation and repair. So as to increase operational efficiency," he explained.

Alamsyah also said that the IOTF launched its service in January 2024 and has provided as many as 500 units of company service users' vehicles at IKN and hopes that this expansion will become a positive catalyst for the company's business in the new capital city in the future. Alamsyah conveyed that with a strong commitment to expanding to IKN, the IOTF can make a significant contribution to the efficiency and operational security at IKN.

Our target includes all truck providers, heavy equipment, and operational vehicles at IKN. We are also committed to being part of the growth and progress of the capital city of the archipelago," he said.

PT Sumber Sinergi Makmur Tbk or Fox Logger is a development company and provider of GPS Tracker devices. Fox Logger is a IoT-based tracking system (GPS) provider product under the auspices of PT Sumber Sinergi Makmur Tbk.


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