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Saturday, 27 July 2024 13:25

President Joko Widodo inaugurates operation of Batang Integrated Industrial Estate  

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Presiden Joko Widodo meresmikan operasional Kawasan Industri Terpadu (KIT) Batang di Kabupaten Batang, Provinsi Jawa Tengah, pada Jumat, 26 Juli 2024. Foto: BPMI Setpres/Vico

 

VOI News, Jakarta: President  Joko Widodo inaugurated the operation of the Batang Integrated Industrial Estate  in Central Java on Friday (26/7), which can accommodate industries and factories  and create jobs. According to President Joko Widodo as stated in the YouTube account of the Presidential Secretariat which was witnessed in Jakarta on Friday, Batang Integrated Industrial Estate will become an industrial area that is truly efficient and attractive to investors  and open up as many jobs as possible.

“By saying bismillahirrahmanirrahim, I inaugurate the operation of the Batang Integrated Industrial Estate in Batang Regency, Central Java Province,” he said.

Moreover, President Joko Widodo  also conveyed that the Batang Industrial Estate was built because of geopolitical  tension in 2019 between the United States and China.  The President considered  at that time, there was a great opportunity from the condition of many companies flocking to relocate their industries and factories to countries with good economic growth, low inflation  and good stability and politics.  

If Indonesia did not make a quick decision and implement this decision, the opportunity would lost. Moreover,President Joko Widodo   is also grateful that Indonesia ranks 27th in the World Competitiveness Index, due to good economic performance as well as efficiency for businesses in Indonesia. Batang Integrated Industrial Estate is built on an area of 400 hectares in the first phase and is planned to reach a total area of 4,300 hectares which will accommodate industries and factories. It is also projected to absorb up to 250 thousand workers. Currently, investment in Batang Integrated Industrial Estate has reached Rp14 trillion and absorbed around 19 thousand workers. (Secretariat-Mar)/AF/Rahmana)

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