Below is a list with tagged columns and company profiles.

Today's Headlines Industrial Estates

  • Industrial Estates in Indonesia: Sales Rose in First Half 2017

    Industrial Estates in Indonesia: Sales Rose in First Half 2017

    Sales of industrial estates in Indonesia rose 33 percent year-on-year (y/y) in the first half of 2017. Sanny Iskandar, Chairman of the Industrial Estate Association (HKI), said sales of industrial land in the first half of this year reached 120 hectares. That figure exceeded total sales of 90 hectares in the same period one year earlier.

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  • China Interested to Develop Industrial Zone in North Kalimantan

    China Interested to Develop Industrial Zone in North Kalimantan

    Several Chinese companies that are ranked in the Fortune 500 are exploring investment in Indonesia, including North Kalimantan, as part of their follow-up initiative after the Belt and Road Forum for International Cooperation (BRF) that was held on 14–15 May 2017 in Beijing. This event, visited by Indonesian President Joko Widodo, is a platform for working out action plans for investment in the areas of infrastructure, energy and resources, production capacity, trade, financial cooperation, and the identification of major projects.

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  • Deadline Mandatory Relocation Jakarta's Industries Extended

    Deadline Mandatory Relocation Jakarta's Industries Extended

    Industry players in Jakarta are somewhat relieved after Jakarta Governor Basuki Tjahaja Purnama (Ahok) signalled that he will allow a revision to the mandatory relocation of local industries to designated industrial zones. Based on Regional Regulation No. 1/2014 on Detailed Spatial Planning and Zoning Regulations, all local industries in Jakarta have to be (re)located into the designated industrial zones before 1 January 2017. Ahok is now expected to extend the deadline to the end of 2019.

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  • Economic Policy Package Indonesia: Bonded Zones & Import Tax Cut

    Economic Policy Package Indonesia: Bonded Zones & Import Tax Cut

    The second installment of Indonesia's September economic policy package, unveiled on Tuesday (29/09), received a warmer response from market participants compared to the first one (released on 9 September), evidenced by rebounding stocks and a stronger rupiah rate yesterday. Indonesia's latest policy package involves interest rate tax cuts for exporters, the speeding up of investment licensing for investment in industrial estates, and a relaxation of taxes on imports of capital goods in industrial estates and in the aviation industry.

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  • Profile of Kawasan Industri Jababeka: Indonesian Industrial Estate Developer

    Kawasan Industri Jababeka is an Indonesian industrial estate developer that also has stakes in the country's power generation and infrastructure sectors. Between 70 and 80 percent of the company's total sales are derived from its real estate sales. Currently, the company owns strategic land banks on three locations in Indonesia (all on the island of Java): Kota Jababeka, Cilegon Industrial Park, and Tanjung Lesung. Kawasan Industri Jababeka was the first publicly listed industrial estate developer in Indonesia.

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  • Company Profile of Property Developer Surya Semesta Internusa (SSIA)

    PT Surya Semesta Internusa Tbk (SSIA) is an Indonesian property developer. Over the last four decades, Surya Semesta Internusa has transformed from a private real estate developer into a public company with 8 operating subsidiaries, whose activities are grouped into three main categories i.e. property, construction and infrastructure, and hospitality. The company has a firm focus on industrial estates, resorts, hotels and offices but has recently also started to invest in toll roads.

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Latest Columns Industrial Estates

  • Industrial Business License for Industry Companies Reregulated

    Industrial Business License for Industry Companies Reregulated

    The issuance of an Industrial Business License was previously regulated in government regulation number 13 of 1995. Recently the Indonesian Government has set new provisions regarding the arrangement of an industry business license in Government Regulation number 107 of 2015 on Industrial Business Licenses (New Regulation). The New Regulation sets the guidelines and procedures for securing the business license for industry companies. In this column we discuss the main procedures regulated by the New Regulation.

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  • Indonesian Property Developers in Focus: Surya Semesta Internusa

    Indonesian Property Developers in Focus: Surya Semesta Internusa

    Indonesian listed property developer Surya Semesta Internusa is experiencing difficult times. The firm's three main business segments - construction, property and hospitality - are all under pressure. In the first six months of 2016 net profit of the developer plunged 64.3% (y/y) to IDR 91.5 billion (approx. USD $7 million), far below analysts' forecasts. The decline was mainly caused by a fall in its net revenue. Net revenue of Surya Semesta Internusa fell 16.6 percent (y/y) to IDR 2.08 trillion (approx. USD $159 million).

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  • Indonesian Industrial Estate Companies in Focus: Puradelta Lestari

    Indonesian Industrial Estate Companies in Focus: Puradelta Lestari

    One of Indonesia's leading industrial estate developers, Puradelta Lestari, could see its sales rise on the back of Indonesia's tax amnesty program and the improving domestic economy. According to CIMB Securities, the company has three strengths that will enable it to see higher sales and profit in the years ahead: (1) the strategic location of its industrial estate Kota Deltamas, (2) having the biggest land banks at its disposal, and (3) strong internal cash reserves.

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