Expectations for Japanese companies to start construction of new industrial park in Indonesia

Expectations for Japanese companies to start construction of new industrial park in Indonesia November 18, 18:55

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Construction of a new industrial park has begun in Indonesia, which has the largest economic scale in Southeast Asia, and it is attracting attention as to whether it will lead to the recovery of the economy that was depressed due to the influence of the new coronavirus by attracting companies from foreign countries including Japanese companies.

The groundbreaking ceremony for the new industrial park was held at a hotel in Jakarta, the capital city, on the 18th with the attendance of officials from the Japanese Embassy.

The industrial park will be built by a local private company in West Java, which is adjacent to Jakarta, and will also be used for urban development.

We have already received 56 inquiries about moving into an industrial park, of which more than 60% are related to Japanese companies.

In the same state of West Java, the construction of one of the largest port facilities in Japan is underway with a ODA loan of approximately 120 billion yen from Japan, and the construction of a road to this industrial park is also planned.

In Indonesia, where the number of people infected with the new coronavirus and deaths is the highest in Southeast Asia, the government is also supporting the attraction of foreign companies that are considering relocating production bases from China and other countries in order to recover the depressed economy.

"We are talking with Taiwanese and Chinese companies that are considering expanding into Indonesia, but Japanese companies have the potential to become their largest customers," said Johannes Suryajaya, president of the development company. I did.