The US$ 300 million industrial estates built in Karawang

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KARAWANG, presidentpost – The Ministry of Industry (Ministry of Industry) continues to encourage the growth of industrial estates because of its strategic role in spurring regional economic growth to the national level. For example, today a groundbreaking for Karawang New Industry City Tenants (KNIC) was started in Karawang, West Java.

The Minister of Industry Airlangga Hartarto explained that with the existence of this industrial area, there could also be many employment opportunities from the incoming industrial sector investment.

According to the Minister of Industry, with the increase in employment, the income of the people will increase and will also have an impact on improving the local economy. Also, it can boost the productivity of companies located in industrial estates to create high added value.

“Today, we are witnessing huge milestones from CFLD International and the industrial sector in Indonesia. We appreciate the development of this KNIC, especially as an industrial area directed towards industrial area 4.0, “he explained in a press statement on Thursday (6/20).

KNIC managed by CFLD International, a company of planners, developers, and operators of new international industrial cities. The development of KNIC, which poured funds of up to US$ 300 million was able to attract investment of up to US$ 100 million from six companies that had committed themselves to be tenants.

These investors include China, Taiwan, Japan, and Indonesia. This integrated industrial area is targeted to be able to create 4,000 new jobs.

On this occasion, there were groundbreaking of six companies that will operate, namely PT Wook Global Technology, PT Ikimura Indotools Center, PT Ruiyuan Karawang Industrial Innovation and Development, PT Wonderful Food International, PT Brightgene Biomedical Indonesia, and PT Binamitra Kwartasedaya.

KNIC is considered to have a strategic location because it is located 47 km east of Jakarta and is right in the middle of the economic path between the cities of Jakarta and Bandung. Moreover, it supported by essential infrastructures, such as the Cikampek toll road, Jabodetabek LRT, Bandung Jakarta fast train plans, elevated toll roads, Kertajati Airport, and Patimban Port.