Jababeka's factory buildings sold out

JAKARTA (JP): In only three months PT Kawasan Industri Jababeka (KIJ), the owner of Cikarang Industrial Estate (CIE), has succeeded in selling 152 "Three in One" factory buildings, which role a factory, an office and a house into one.

President Ismail Sofyan told a press conference yesterday that the demand for "Three in One" buildings is strong as 36 of them were sold at the Real Estate Expo '94.

According to Ismail, 150 companies, including United Tractor, Unilever Indonesia, ICI Paints, Knorr Indonesia, Mattel Indonesia, Samsung Metrodata Electronics and Union Carbide Indonesia, have occupied 500 hectares of CIE's 790-hectares.

S. Djuandi Darmono, the managing director of the company, said the company through its subsidiary PT Grahabuana Cikarang, has developed 1,400 hectares near CIE into a residential estate named Cikarang Baru.

He said that Grahabuana planned to expand Cikarang Baru's existing area to 5,400 hectares to build a self-reliant satellite city which provides not only housing but also employment opportunities.

Darmono said the scheme supports a government regulation requiring industrial estate companies to provide housing facilities for workers.

The government regulation, released this month, was stipulated in a joint decree of Coordinating Minister for Industry and Trade Hartarto, Minister of Manpower Abdul Latief and Minister of Industry Tunky Ariwibowo.

In Cikarang Baru, the company had built around 500 midsized houses. About 2,500 similar houses are under construction.

Ismail projected that within ten years, the company will build 100,000 houses.

Darmono said the company is still waiting for a government land expansion permit.

KIJ is owned by a number of businessmen, including Sudwikatmono, Budi Brasali, Utomo Josodirdjo, Eka Tjandranegara, Santoso Sutyanto, Arief. R. Kurniawan and Budiono Widodo.(03)