12 new investors coming to Jakarta bonded zones
New investors are still willing to set their foot here in the land of floods and earthquakes. December last year saw 12 new investors–six of whom Indonesian and the other six foreign–entering into an agreement to invest at the Jakarta Nusantara Bonded Zone (KBN). The KBN is a government owned company that runs manufacturing bonded zones at Cakung, Marunda and Tanjungpriok, all in North Jakarta.
The new investments are worth US$14.8 million in total, and will create an estimated 7 thousand new manufacturing and logistics jobs. One of the new investors is a garment manufacturer under the South Korean chaebol, Hansol, which will be investing in a new 5,500 hectare manufacturing facility here, after divesting from its Guatemalan operation.
According to Operations Director at KBN, Eddy Ihut, only three companies operating within the KBN zones have had to lay off their employees since the current crisis began, which is a pretty impressive performance these days.
A total of 155 companies operate within the KBN; 120 of which are export-oriented manufacturers and 35 provide logistical services. Most of the products manufactured here are exported primarily to other Asian countries.
Most Commented Posts
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply