Lippo markets new estate

JAKARTA (JP): Publicly listed property firm PT Lippo Cikarang officially launched on Thursday the sales campaign for its new industrial estate in Cikarang, West Java.

The 150-hectare Delta Silicon II industrial estate project follows the company's success in marketing Delta Silicon I, also located in the Cikarang area.

Company president Yuke Susiloputro said that Delta Silicon I was 95 percent occupied, mostly by foreign companies from the United States, Japan, South Korea, Taiwan, and Germany.

"We hope the new 150-hectare industrial estate can attract more overseas investors into Indonesia despite uncertainty in the current political and economic situation," Yuke said in a statement.

Delta Silicon II is among eight industrial estates owned by Lippo Cikarang. All are located in eastern areas of Jakarta, including East Jakarta Industrial Park, Bekasi International Industrial Estate, Boston Techno Park, Newton Techno Park, Diamond Techno Park, California Techno Center, and Delta Silicon I, which in total occupy an area of about 1,000 hectares. (03)