Asaki Calls The Plan For Implementing Ceramic BMAD Attracts Investment Interests

Illustration (Photo: Doc Antara)

JAKARTA - The Indonesian Keramic Industry Association (Asaki) said that the plan to implement trade barriers in the form of Anti-Dumping Import Duty (BMAD) for ceramic products has spurred two investors to build a new ceramic factory in Indonesia.

Chairman of Asaki Edy Suyanto said the new ceramic factory belongs to two companies, namely PT Superior Porcelain Sukses with a capacity of 21.6 million square meters located in Subang, and PT Rumah Keramik Indonesia with a capacity of 20 million square meters located in Batang.

"The total new capacity of the two investors is 41.6 million square meters which has cost an investment of approximately IDR 3 trillion which can absorb up to 10,000 employees," he said as quoted by ANTARA, Thursday, July 25.

According to him, his party welcomed the transformation of the two new factories, which were previously traders and ceramic importers.

It is certain that the new investment that will operate in the third quarter of 2024 will increase the volume of homogenous ceramic production capacity to 250 million square meters per year, which is currently recorded at 207 million square meters per year.

Edy said that the positive impact of BMAD was not only saving the ceramic industry, but also proven to have succeeded in becoming an attraction for new investments, so that domestic consumers could enjoy many choices of quality and innovative ceramic products at reasonable and affordable prices.

President Director of PT Superior Porcelain Sukses Billy Law said that the push to build factories in Indonesia had existed since one year ago which was triggered by the Government of Indonesia's plan to implement anti dumping of imported ceramic products from China. "When taking care of permits, we were given the belief that the Indonesian government would definitely protect the domestic industry from the invasion of imports to create a good investment climate in Indonesia," he said.