#Manufacturing
Bekasi develops brake, suspension system industries in GIIC
Bekasi regency is developing a brake system and a suspension system industries in the Greenland International Industrial Center (GIIC) Deltamas. The project started in 2021 and worth IDR 1.14 trillion. The industry is to fulfill the needs of domestic automotive industry components. It occupies a land area of 5.4 hectares (ha), employs 1,305 workers and supported by supporting infrastructure.
Indramayu expands canned fish manufacturing industry
Indramayu regency, assisted by the Investment Coordinating Board (BKPM), is developing a canned fish manufacturing industry in the Losarang district. The project was established in 2018 with an investment worth IDR 1.36 billion.
North Kalimantan develops downstream industry for CPO
North Kalimantan, supported by the Investment Coordinating Board (BKPM), has been establishing a downstream industry of crude palm oil (CPO) in Bulungan regency since 2020. The industry has an investment worth IDR 269.62 billion. The project is feasible to investors since there are supports in infrastructure, geography, transportation and a strategic location.
Seaweed processing industry development in Nunukan
Nunukan regency in North Kalimantan has been developing a seaweed processing industry, which began in 2019 with an investment worth IDR 19.54 billion, according to the Investment Coordinating Board (BKPM).
VKTR to go public by end of November 2022
PT Vektr Teknologi Mobilitas (VKTR), a PT Bakrie and Brothers Tbk (Bakrie Group) electric vehicle (EV) company, will do an Initial Public Offering (IPO) later in 2022.
Banten expands rice mill industry
Banten province has been expanding agroindustry in Cibadak district since 2021 with an investment worth IDR 179.29 billion. The district is well-known as a rice producer in Indonesia. The area is highly potential to invest in food industry.
Sorghum as a sustainable food source in Indonesia
Sorghum is a potential food source of the future currently being developed as an Indonesian sustainable food source through agribusiness. Its potential, considering the adaptability of the food source with low water requirements, could support the future food security of the country.
VKTR to provide West Java public transportation firm with electric buses
PT Vektr Teknologi Mobilitas (VKTR), a subsidiary of Bakrie and Brothers conglomeration, will supply electric bus fleet to West Java-owned enterprise PT Jasa Sarana. VKTR Chairman Anindya Bakrie said the company would provide solutions to reduce emissions from public transportation.
Bangka Belitung builds a cold storage facility
BKPM recently 2021 established a new project on a cold storage facility in Bangka Belitung. Currently, since 2021 the province boasts a large fishing industry that keeps increasing its production. The cold storage facility which is worth IDR6.81 billion is needed to support the fishermen in a cold storage facility.
West Sumatra proposes natural dyeing for investment opportunity
West Sumatra is developing a natural dyeing for textile industry with an investment worth IDR189.15 billion. Kicking off in 2021, the textile sector will be an export opportunity of the province to first-world countries such as the United States, Canada, Australia, New Zealand and Japan.
Inalum Operating to go public in 2023
Following the splitting off from its holding company MIND ID (Mining Industry Indonesia), PT Indonesia Asahan Aluminium (Inalum) Operating will launch an initial public offering (IPO) in 2023. MIND ID will be a separate legal entity as a strategic holding company while Inalum Operating will resume its role as a full-service operations company.
Sharp allocates IDR582 billion to build AC factory
PT Sharp Electronics Indonesia invested IDR582 billion would build a new air conditioning factory at the Karawang International Industrial City (KIIC) in West Java on February 24, 2022.