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Kendal Industrial Park to spur local economy

Strategic hub: A map pointing out the location of the Kendal Industrial Park. (Courtesy of Kendal Industrial Park/File)

The ongoing construction of Kendal Industrial Park is expected to create at least 100,000 new jobs in the Central Java regency.

The industrial park, known by its commercial name “Park by the Bay”, will accommodate manufacturing companies in industries such as furniture, food, bicycles and building materials on an overall land plot of 2,700 hectares (ha), equivalent to more than 4,000 soccer fields.

On Monday, President Joko “Jokowi” Widodo and Singaporean Prime Minister Lee Hsien Loong will inaugurate the industrial complex, developed by a joint venture between Jakarta-listed industrial estate developer Jababeka and Singapore-based Sembcorp Development.
“The first stage of the [park] development will create 500,000 jobs; 100,000 in direct employment and 400,000 in indirect employment,” Jababeka president director Budianto Liman said as quoted by kompas.com on Sunday evening.
The facility will be equipped with residential housing, shopping centers and shop houses, a convention center and a golf course and driving range, among other facilities.
Construction began last year and is planned in three phases. The first phase, covering 860 ha, is scheduled for completion by 2020, followed by the construction of 1,080 ha in the second phase, and then 760 ha in the third phase. (hwa)

Source: Jakarta Post

Link: http://www.thejakartapost.com/news/2016/11/14/kendal-industrial-park-to-spur-local-economy.html