PT Wai Hing Industrial Indonesia exported for the first time 249,000 stuffed squid toys to the United States, with a total export value of IDR 1.4 billion. This company specialises in the manufacturing of toys in Ngawi, East Java, and it received its first bonded zone facility permit in East Java in December 2024, under the supervision of Madiun Customs. PT Wai Hing Industrial Indonesia's investment value is IDR 84 billion and employs 1,000 workers. Bonded zone facilities offer fiscal and procedural benefits to companies, stimulating export performance so that it can support the economic development of the community around the company by creating jobs. According to a representative of PT Wai Hing Industrial Indonesia, the company received good service and coordination from Maidun Customs, from applying for a bonded zone licence, to obtaining facilities, to conducting the first export. Moving forward, it is anticipated that this inaugural export will be a catalyst for similar businesses to leverage bonded zone facilities, enhancing the competitiveness of local industries in the global market.
Monday, 10 March 2025 07:51
PT Wai Hing Initial Export to the US Facilitated by Bonded Zone Facility
