Reasons for JIIPE Built in East Java

Metrotvnews.com, Jakarta: The Indonesian economy continues to grow amid the sluggish global market. This is because the investment climate in Indonesia continues to stretch with the growing industry and consumption levels, including people's purchasing power.

East Java is one of the provinces that accounts for the highest economic growth, especially with a population of 40 million. Economic development in Eastern Indonesia, which has continued to be intensified by the government, has made East Java more important to become a HUB for Indonesia.

That is one of the reasons the Java Integrated Industrial and Ports Estate (JIIPE) was built by AKR Corporindo Tvk and Pelindo 3 in Gresik, East Java, with industrial area clustering systems, independent utilities and deep sea port connectivity, railway lines and direct toll access to industrial area .

"East Java is one of the best areas for investment. The second largest industrial center in Indonesia, under the Governor of East Java - Soekarwo and its ranks are very pro-business, investors feel very comfortable and facilitated. This certainly supports industrial activities and provides access to domestic and international markets, so that East Java is an ideal destination for business development in Indonesia, "said PT AKR Corporindo Tbk President Director Haryanto Adikoesoemo on Tuesday 10 October 2017.

Moreover, continued Haryanto, JIIPE received the Ease of Direct Investment Construction (KLIK). "So once a foreign company / investor receives a permit from BKPM, it can immediately build while paralleling the permit for IMB. Access to Surabaya to JIIPE Gresik currently has one Manyar Toll Road, with only 3.5 km from the Manyar exit, later there will be direct toll access which is currently also under construction and is expected to be completed by 2019. We also ask the government to build a train to our location so that the logistics costs can go down quite significantly, "he explained.

Development of JIIPE in accordance with Law Number 3 Year 2014 which regulates all business activities entering industrial estates. The future development of industrial estates in Indonesia is directed towards integration. This step is also believed to be able to create efficiency and various kinds of benefits through an integrated concept from upstream to downstream, and supported by infrastructure facilities and networks, utilities, facilities and other infrastructure, to reduce logistics costs and increase competitiveness. (TRK)