Industrial estate expanded

Industrial estate expanded

JAKARTA (JP): PT Kawasan Industri Jababeka, the country's largest industrial estate firm, yesterday started a 230-hectare expansion project in Cikarang, West Java.

The company's president, Ismail Sofyan, said at the ground- breaking ceremony yesterday that the expansion project is expected to accommodate the growing number of industrial investors, especially overseas investors, wanting to relocate or expand their industrial activities in the estate.

He reported that the first phase of the Cikarang Industrial Estate, which covers an acreage of 790 hectares, has been fully occupied by 425 companies with a total investment of Rp 2.7 trillion (US$1.2 billion). (rid)