{
    "success": true,
    "data": {
        "id": 2059900,
        "msgid": "us-firms-break-ground-on-500m-batam-semiconductor-project-1793199011",
        "date": "2026-10-28 13:21:46",
        "title": "US Firms Break Ground on $500m Batam Semiconductor Project",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "Tynergy Technology Group and Essence Global have begun a US$500 million semiconductor investment at the Wiraraja I Industrial Estate in Batam, following a broader US$31.6 billion joint venture agreement signed in Washington in February. The project will cover three hectares and is expected to create 1,000 jobs, marking an initial phase of US investment in the industrial estate.",
        "content": "<p>Can\u2019t find what you\u2019re looking for?<\/p>\n<p>View all search resultsCan\u2019t find what you\u2019re looking for?<\/p>\n<p>View all search resultsThe investment follows a $31.6 billion joint\nventure agreement signed at the US Chamber of Commerce in Washington,\nD.C., on Feb.\u00a018, with President Prabowo Subianto witnessing the\nsigning.<\/p>\n<p>wo United States companies, Tynergy Technology Group and Essence\nGlobal, have officially begun a US$500 million semiconductor investment\nat the Wiraraja I Industrial Estate in Kabil, Batam.<\/p>\n<p>The investment follows a $31.6 billion joint venture agreement signed\nat the US Chamber of Commerce in Washington, D.C., on Feb.\u00a018, with\nPresident Prabowo Subianto witnessing the signing.<\/p>\n<p>Akhmad Makruf Maulana, president director of Wiraraja Green Renewable\nEnergy &amp; Smart Eco-Industrial Park (Geseip), said the initial phase\nof investment would kick off with a groundbreaking ceremony on\nWednesday.<\/p>\n<p>The project will occupy a 3-hectare site and is projected to create\n1,000 new jobs.<\/p>\n<p>\u201cThis represents the initial phase of the investment from the United\nStates, a commitment that has been in the works for some time. We are\nbeginning this within an existing industrial estate, specifically\nWiraraja I in Kabil,\u201d Makruf, who also the chairman of the Indonesian\nIndustrial Estate Association (HKI), said on Tuesday, as quoted by\nBisnis.com.<\/p>\n<p>Share your experiences, suggestions, and any issues you\u2019ve\nencountered on The Jakarta Post. We\u2019re here to listen.<\/p>\n<p>Thank you for sharing your thoughts. We appreciate your feedback.<\/p>\n<p>Quickly share this news with your network\u2014keep everyone informed with\njust a single click!<\/p>\n<p>Share the best of The Jakarta Post with friends, family, or\ncolleagues. As a subscriber, you can gift 3 to 5 articles each month\nthat anyone can read\u2014no subscription needed!<\/p>\n<p>Get the best experience\u2014faster access, exclusive features, and a\nseamless way to stay updated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/us-firms-break-ground-on-500m-batam-semiconductor-project-1793199011",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}