Jababeka to build estate in Cilegon<\/p>\n
JAKARTA (JP): PT Kawasan Industri Jababeka Tbk., a publicly
\nlisted industrial estate and housing developer, plans to build an
\nindustrial estate in Cilegon, West Java.<\/p>\n
Jababeka's president, Ismail Sofyan, said yesterday his
\ncompany had obtained a license to develop the estate on 1,300
\nhectares in Cilegon.<\/p>\n
\"We got the permit to develop 800 hectares initially, but we
\nhave an option to have another 500 hectares,\" Ismail said.<\/p>\n
The company will spend about US$600 million on the project.<\/p>\n
He said the project would start soon with full support from
\nthe local government.<\/p>\n
A new seaport at nearby Bojonegoro would speed up the
\ndevelopment of the estate, he said.<\/p>\n
\"The planned industrial estate will be better than existing
\nones,\" he said.<\/p>\n
The strategic location of the planned estate gave it great
\npotential as an industrial area, he said.<\/p>\n
\"The southern side of the area is situated right by the
\nJakarta-Merak tollway, the west part borders with the road that
\nleads to the planned Bojonegara port and the north part is on the
\ncoast of Java Sea,\" he said.<\/p>\n
With better infrastructure in the estate, companies'
\noperations would become more efficient, he said.<\/p>\n
He said the company expected to expand the area to 2,000
\nhectares.<\/p>\n
Some foreign investors have shown interests in making
\nmachinery, steel, electronics and chemicals at the estate, he
\nsaid.<\/p>\n
\"Some have asked for an average of 100 hectares,\" he said.<\/p>\n
Sofyan said Jababeka was drafting the estate and studying any
\nenvironmental effects.<\/p>\n
\"We are now planning the design for the water treatment plant,
\nthe waste management plant and shore reclamation,\" he said.<\/p>\n
Group Jababeka manages a 1,573-hectare industrial estate and a
\n1,400-home residential area in Cikarang, West Java. (02)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/jababeka-to-build-estate-in-cilegon-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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