The Kendal Special Economic Zone (KEK) in Central Java is preparing 1,200 hectares for its second-phase expansion to accommodate more investors. According to KEK Kendal Executive Director Juliani Kusumaningrum, the first-phase development, covering 1,000 hectares, is already 90% occupied, with the remaining space allocated for residential and commercial facilities. By the end of 2024, 42 companies were operating in the area, contributing IDR 86 trillion in investment, with the majority being foreign direct investment (FDI).
The second-phase expansion is expected to attract even larger investments than the first. The industrial zone has already created approximately 200,000 jobs, and the second phase aims to generate similar employment opportunities. Since its establishment in 2016 and designation as a Special Economic Zone in 2019, KEK Kendal has offered strong incentives for investors, reinforcing its position as a key industrial hub in Indonesia.
Thursday, 27 February 2025 00:58
Kendal Industrial Zone Expands with 1,200 Hectares for New Development
