28th Edition - The President Post

A6
October 12, 2011
The President Post
www.thepresidentpost.com
Around Jababeka
Jababeka Develops Phase 5, 6
and 7 Projects
TThe number of foreign
investors in Indonesia
is increasing
along with Indonesia’s
rapid economic
growth, improved legal
certainty and more stable political
situation.
Jababeka sees this as a huge
opportunity and has since the
end of 2010 opened an area covering
1,270 hectares to develop its
Phase 5, 6, and 7 projects.
Jababeka Phase 5, better
known as Jababeka Science Park,
covers 270 hectares and is attracting
about 25 major tenants,
namely Yamaha, Tupperware, Dynaplast,
Fuji Seimitsu, Sari Takagi
Elok Perkasa, PT Rodamas, PT
Alpha Integrated, PT Asahi Indonesia
and others. Up to now, 97%
of total areas have been sold.
Jababeka Phase 5 will have direct
access to the new toll road
KM 34.7, which is still under construction
and is planned for completion
on November 2012.
Meanwhile, other major tenants
are joining Jababeka Phase
6, which covers 800 hectares, and
Jababeka Phase 7 (200 ha). Phase
7 will have access to toll road KM
29 and is developed differently
as it focuses more on developing
a commercial area: office park,
shopping center, apartments, ho-
Jababeka is the one and only property company in Indonesia that provides energy
facilities (Bekasi Power) and the nation’s first dry port (Cikarang Inland Port), both of
which provide the needs of its industrial area as well as outside the estate.
Jababeka industrial area is the pilot project in developing Eco-industrial Estate in the framework of technical cooperation with
the Indonesian government and the Federal Republic of Germany through ProLH GTZ, covering 2,840 hectares of development
land in the industrial area adjacent to 1,400 hectares of residential area in Jababeka City, Cikarang and Bekasi.
area in Indonesia.
Currently the Jababeka industrial
area is the pilot project in developing
Eco-industrial Estate in
the framework of technical cooperation
with the Indonesian government
and the Federal Republic
of Germany through ProLH
GTZ, covering 2,840 hectares of
development land in the industritels,
lifestyle center, meeting point,
and warehouse park. They will
complement Jababeka as a comfortable
city for investment and
business in east Jakarta.
PT Jababeka Tbk was established
in 1989 and is listed as the
first private company that developed
an industrial, housing, commercial,
leisure, and education
Jababeka’s philosophy
is 'Beyond Property',
which helped it develop
its industrial area into an
independent city that is
environmentally friendly
and reliable.
Jababeka
al area adjacent to 1,400 hectares
of residential area in Jababeka
City, Cikarang and
Bekasi.
Following its success in the
industrial estate of Cikarang,
Jababeka is now developing
another site at Cilegon, specifically
for heavy industrial area,
such as steel, petrochemical,
and oil and gas refinery. The
company has an office building
called Menara Batavia at
the central business area and
is now developing a second
building nearby.
Jababeka’s philosophy
is 'Beyond Property', which
helped it develop its industrial
area into an independent
city that is environmentally
friendly and reliable. It has received
numerous awards and
remains innovative in order to
be the best and most reliable.
It also provides added value
to the community by offering
complete facilities.
Jababeka is the one and
only property company in Indonesia
that provides energy
facilities (Bekasi Power)
and the nation’s first dry port
(Cikarang Inland Port), both of
which provide the needs of its
industrial area as well as outside
the estate.
KIJA Conducts
Rights Issue
PT Kawasan Industri Jababeka
recently held a general
meeting of shareholders
and approved the implementation
of additional capital
through a right issue involving
6,036,022177 shares at
Rp 250 per share.
Funds obtained from the
Limited Public Offering II after
deducting the cost of issuance
will be entirely used
to pay off promissory notes
(PN) issued by the company
for the purchase of 100%
shares of PT Banten West
Java Tourism Development
(BWJ) and 21.63% shares of
PT Tanjung Lesung Leisure
Industry (TLLI).
The company also issued
promissory notes to BWJ
and TLLI shareholders in the
amount of Rp 1.5 trillion as
payment for the acquisition
of the two companies.
The acquisition was carried
out on the basis of the
business synergy of busi-
ness based on experience
that owned by both parties
in developing an area. KIJA
has experience in developing
an integrated industrial area
at Cikarang, while BWJ and
TLLI have experience in developing
an integrated tourism
area, Tanjung Lesung.
The potential synergy is expected
to provide long-term
business for the companies.
“We see tremendous potential
of a synergy resulted
by the company’s ability to
develop an area with assets
owned by Tanjung Lesung
with sound infrastructure,”
said SD Darmono, President
Director of KIJA.
According to him, Jababeka
as a city developer has the
reputation and the experience
in developing an integrated
area as proven by Jababeka
City Cikarang, which
has complete infrastructure
and world class facilities.
Jababeka
President Director of KIJA SD Darmono: Jababeka as a city developer
has the reputation and the experience in developing an integrated area
as proven by Jababeka City Cikarang, which has complete infrastructure
and world class facilities.