JAKARTA – Singaporean Prime Minister Lee Hsien Loong and President Joko “Jokowi” Widodo are set to inaugurate the Kendal Industrial Park in Central Java, a joint Indonesian-Singaporean project, next Monday.
“President Jokowi and Singapore’s prime minister will come here to inaugurate the park. The schedule has been set, and the ceremonial preparation is almost complete,” Industry Minister Airlangga Hartarto said in a press statement released Thursday.
The park is a joint venture between Indonesian property giant PT Jababeka and Singaporean Sembawang Corporation (Sembcorp). While Jababeka is a specialist in industrial parks, Sembcorp has businesses in marine industries, energy and property.
Airlangga said the 2,700-hectare industrial park already had 20 tenants with total investments of Rp 4.3 trillion (US$326.38 million). They will employ around 4,000 workers.
Jababeka director Hyanto Wihadi said the tenants were from Singapore, Japan and Malaysia and engaged in different industries, such as furniture, food and steel. The park is integrated with Kendal port and connected by railway to the bigger Tanjung Mas port in Semarang, the capital of Central Java.
