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Gresik, East Java – The Java Integrated Industrial and Ports Estate (JIIPE) Special Economic Zone (SEZ) announces a new collaboration between PT AKR Corporindo Tbk (AKRA) and BP GAS & Power Investments Limited to develop a liquefied natural gas (LNG) project at JIIPE. This project is part of JIIPE's commitment to providing reliable and sustainable energy supplies for our tenants.
Scheduled to begin operations in 2027, the LNG project will not only support the energy needs of industrial tenants at JIIPE but will also offer surplus capacity that can be distributed through the gas pipeline network across East Java. This initiative demonstrates JIIPE's dedication to advancing sustainable energy development, which is essential for industries, especially in meeting the energy requirements of major projects set to commence in the area.
Since its designation as a Special Economic Zone in 2021, JIIPE has experienced significant growth. Investment in JIIPE has reached approximately Rp52 trillion, with projections for further increases as domestic and foreign investors recognize the advantages of the integrated infrastructure and connectivity of the area. The government has set a target for foreign investment in JIIPE to reach USD16 billion, or around Rp250 trillion.
JIIPE is a National Strategic Project developed by PT AKR Corporindo Tbk in collaboration with PT Pelabuhan Indonesia (Persero) through PT Berkah Kawasan Manyar Sejahtera (BKMS) as the managing entity. The integration of JIIPE’s industrial and port areas provides solutions to logistical challenges, such as direct connectivity between the industrial zone and the port, which reduces time and logistics costs for our tenants. As a result, JIIPE has become a primary destination for industry players seeking efficiency and connectivity within a single integrated area.
JIIPE is committed to continuous innovation and strategic partnerships to provide an ecosystem that supports industries in Indonesia, aligned with our vision as an integrated industrial center capable of driving national economic growth and meeting the dynamic needs of our tenants.