KIT Batang Has Been Occupied By 18 Companies, Absorbs 19,000 Workers

Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia. (Photo: Doc. ANTARA)

JAKARTA - Investment Minister or Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia reported that at least 18 companies occupy the Batang Integrated Industrial Zone (KIT), located in Batang Regency, Central Java Province.

In his report to President Joko Widodo, Bahlil said these 18 companies had employed at least 19,000 workers.

"We report to the President that KITB stems have now entered 18 companies and have entered around 19,000 with a total investment of more than Rp. 14 trillion," Bahlil said in his remarks at the KITB premium, Friday, July 26.

Furthermore, Bahlil estimates that for the next 10 years, this industrial area will absorb 250,000 new workers.

On the same occasion, Bahlil said that in September there will be an LG Group company from South Korea that will set up a cathode factory that is an electric vehicle battery ecosystem.

"A cathode construction will be carried out from the car battery ecosystem from the LG Group which will be built in September because the FS (feasibility study) has been completed in August," he said.

With the presence of this cathode factory, Bahlil said that the electric vehicle battery ecosystem in Indonesia will be more complete because the precursor-producing smelter is already established in North Maluku, the Katoda factory in Batang Regency and its cell batteries are already standing in Karawang, West Java Province.

"God willing, it will continue to run well. We have reported one to the President only less than 1, sir, our port. So Pelindo's port has been tendered but the wave breaking is the same as the flow," concluded Bahlil.