Recently at the BRICS Innovation Base Industry Project Matchmaking Meeting held in Beijing, the Indonesia Bandung Airport Industrial City (LCT) project became the highlight with the largest investment scale. The project is a joint development between Indonesia's Wanxinda Group and West Java Aerocity Development (PT BlB Aerocity Development), with an initial investment of 1.68 billion USD, planned to start construction in the second half of 2025. It covers 26,000 mu, leveraging the Bandung airport hub to build a comprehensive industrial new city. Key sectors include food processing, building materials manufacturing, home appliance production, and automotive industry. Bandung is Indonesia's talent hub, capable of supporting high-end industrial demands. It is a 2-hour drive from Jakarta and only 1 hour from downtown Bandung, effectively can undertake the eastward shift of Jakarta's manufacturing industry, alleviating Jakarta's severe congestion and haze problems caused by excessive industrial concentration, becoming a core area for industrial transfer. The project will initially create over 1 million jobs, and in the long term, it will link with the Rebana Metropolitan area, expected to provide 5 million job opportunities, promoting regional economic and social development. As the largest economy in Southeast Asia, Indonesia has a stable policy environment, abundant natural resources, and huge market demand, with great investment potential in manufacturing, infrastructure construction, and green energy. Under the framework of the "Belt and Road" initiative, the Bandung Airport Industrial City project will become an important engine for China-Indonesia cooperation, providing more opportunities and development space for both sides in industrial upgrading, technological innovation, and talent exchange. Through benchmark projects like Bandung Airport Industrial City (LCT), it demonstrates the deepening cooperation among BRICS countries in industrial collaboration and city-industry integration, providing a new paradigm for industrial upgrading in emerging market countries. On January 1, 2025, Indonesia officially became one of the BRICS partner countries, making the cooperation effect of the BRICS platform more significant, promoting multilateral win-win, and contributing to global economic stability and prosperity.
Recently at the BRICS Innovation Base Industry Project Matchmaking Meeting held in Beijing, the Indonesia Bandung Airport Industrial City (LCT) project became the highlight with the largest investment scale. The project is a joint development between Indonesia's Wanxinda Group and West Java Aerocity Development (PT BlB Aerocity Development), with an initial investment of 1.68 billion USD, planned to start construction in the second half of 2025. It covers 26,000 mu, leveraging the Bandung airport hub to build a comprehensive industrial new city. Key sectors include food processing, building materials manufacturing, home appliance production, and automotive industry. Bandung is Indonesia's talent hub, capable of supporting high-end industrial demands. It is a 2-hour drive from Jakarta and only 1 hour from downtown Bandung, effectively can undertake the eastward shift of Jakarta's manufacturing industry, alleviating Jakarta's severe congestion and haze problems caused by excessive industrial concentration, becoming a core area for industrial transfer. The project will initially create over 1 million jobs, and in the long term, it will link with the Rebana Metropolitan area, expected to provide 5 million job opportunities, promoting regional economic and social development. As the largest economy in Southeast Asia, Indonesia has a stable policy environment, abundant natural resources, and huge market demand, with great investment potential in manufacturing, infrastructure construction, and green energy. Under the framework of the "Belt and Road" initiative, the Bandung Airport Industrial City project will become an important engine for China-Indonesia cooperation, providing more opportunities and development space for both sides in industrial upgrading, technological innovation, and talent exchange. Through benchmark projects like Bandung Airport Industrial City (LCT), it demonstrates the deepening cooperation among BRICS countries in industrial collaboration and city-industry integration, providing a new paradigm for industrial upgrading in emerging market countries. On January 1, 2025, Indonesia officially became one of the BRICS partner countries, making the cooperation effect of the BRICS platform more significant, promoting multilateral win-win, and contributing to global economic stability and prosperity.