JAKARTA - PT Kawasan Industri Terpadu Batang (KITB) or Grand Batang City again made a brilliant achievement by winning a prestigious award as "Industrial Estate with The Best Investment Realization and Fostering The Growth of The New Industrial Sector" at the 2024 Indonesia Award Business event.

This award is a clear proof of KITB's commitment and excellence in attracting investment, encouraging the growth of the new industrial sector, and contributing to the progress of the national economy. The 2024 Indonesia Award business not only focuses on financial achievement, but also puts forward the company's commitment to ESG (Environmental, Social, and Governance) principles. In this modern era, companies are required to be responsible for their social and environmental impacts, exceeding the limits of profit alone.

"This award is given to companies that are not only growing but are able to read opportunities and are agile in adapting to changing business landscapes that continue to change. This ability is the main key in achieving success in an era full of uncertainty," said Wimboh Santoso, Chairman of the Indonesian Business Jury Award., in his statement, Thursday 13 June.

KITB won this prestigious award thanks to several main factors, namely:

- Significant Investment Realization

KITB has shown extraordinary performance in attracting investment. The proof, in the first quarter of 2024, Batang Regency, where KITB is located, recorded the highest realization of foreign investment (PMA) in Central Java. This shows investor confidence in the potential and bright prospects of KITB.

- Building a New Industrial Sector

KITB not only focuses on the traditional industrial sector, but also opens opportunities for investment in new and innovative industrial sectors. This can be seen from the presence of several tenants engaged in solar panels, medical devices, glasses, PVC, footwear, etc.

- Commitment to the Green Industry

KITB is designed by implementing green industry principles, including the use of renewable energy, effective water and waste management, as well as the implementation of environmentally friendly industrial practices.

- Building a Complete Industrial Ecosystem

KITB not only provides land and infrastructure, but also builds a complete industrial ecosystem. This includes the development of residential, commercial, and educational areas to support the needs of workers and communities around the region.

"This award is the result of the hard work and dedication of all KITB personnel in realizing the leading industrial area that supports national economic growth. We are committed to continuing to innovate and provide the best service for investors. KITB is ready to become the leading industrial hub in Indonesia and contribute to achieving the vision of Advanced Indonesia," said the President Director of PT KITB, Ngurah Wirawan.

KITB, said Ngurah, is optimistic that it can continue to contribute in encouraging national economic growth and realizing an Advanced Indonesia. With the spirit of collaboration, innovation, and commitment to environmental sustainability, KITB is ready to become a model of an ideal industrial area that supports investment realization, development of the new industrial sector, and job creation.

"This award is a motivation for KITB to continue to improve services and infrastructure, as well as expand the strategic partnership network," concluded Ngurah Wirawan.


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