Tidur Kemayoran Land Transformed into EV Charging Hub, New Income Source for HK Realtindo

Photo: Dok. PT HK Realtindo

JAKARTA - PT HK Realtindo or HKR has transformed its optimally unused assets in the Kemayoran area, Central Jakarta, into a new source of income through the development of an Electric Vehicle (EV) Charging Hub.

This step was taken after the subsidiary of PT Hutama Karya (Persero) entered into a strategic partnership with PT VGreen Global Charging Station Investment Indonesia or VGreen Indonesia to utilize an area of approximately 8,747 square meters.

The partnership was marked by the signing of a Cooperation Agreement (PKS) by HKR President Director Ekwan Hadyanto and VGreen Indonesia Director Mai Truong Giang.

Through this collaboration, HKR optimizes its asset portfolio into productive assets that generate recurring income without requiring additional investment from the company.

HKR President Director Ekwan Hadyanto explained that the transformation of asset management is one of the company's main focuses in creating sustainable added value.

He assessed that asset optimization is not only about generating additional revenue, but how the company's strategic assets are able to be a catalyst for investment, driving economic growth and creating long-term value.

"The collaboration with VGreen Indonesia shows that property assets can be a platform for green investment while also providing sustainable economic benefits," said Ekwan as quoted from a written statement, Thursday, July 2.

According to Ekwan, the development of the EV Charging Hub on strategic land owned by the company not only increases the productivity of assets, but also strengthens the value of the area and maintains the flexibility of development in the future.

He added that this initiative is also part of HKR's commitment to supporting the national energy transition agenda through the provision of electric vehicle infrastructure.

As the adoption of electric vehicles in Indonesia increases, the availability of charging facilities is considered an important factor in accelerating the formation of an ecosystem for low-emission transportation and more sustainable city development.

In addition to providing business benefits for companies, the development of the EV Charging HUB in Kemayoran is projected to be able to drive economic activity in the area, increase the attractiveness of properties and support environmentally friendly urban development.

This step is also in line with Indonesia's commitment to low carbon and achieving the Net Zero Emission (NZE) target.

Meanwhile, on the other hand, cooperation with VGreen Indonesia as a global player in the electric vehicle ecosystem sector also strengthens HKR's position as a strategic partner for investors.

The entry of international investment is considered to reflect the high confidence in the potential of green economy in Indonesia as well as the quality of asset management owned by HKR.

Through this collaboration, HKR not only optimizes the company's assets, but also opens up opportunities for the formation of new economic activity centers that provide added value for the community and stakeholders.

Going forward, HKR is committed to expanding strategic partnerships with various national and global partners to develop the company's assets into productive, sustainable and highly competitive areas.

The strategy is part of HKR's transformation as a property developer and asset manager oriented towards long-term value creation through innovation, collaboration, and the application of Environmental, Social and Governance (ESG) principles.