Malaysian plastic packaging giant Thong Guan Industries Berhad is investing US$7 million (approx. IDR 1.14 trillion) to build a factory in the Batang Special Economic Zone. The facility covers 5.04 hectares and is expected to create 500 jobs. With over 50 years of history, it is a global leader in stretch film exports and dominates Japan's plastic bag market. 85% of its products are exported to South Korea, Mexico, Chile, Vietnam, and other countries, with annual revenues of IDR 4.2 trillion. The project emphasizes sustainable development, and the factory will adopt environmentally friendly technologies, including energy-efficient machinery, plastic waste recycling, and an international-standard environmental management system, embodying the concept of green industry. The Batang Special Economic Zone was chosen because of its complete infrastructure, stable environment, and high operational efficiency, which meet the company’s supply chain development needs. The General Manager of PT Batang Industrial Park stated that this reflects global recognition of the Batang Special Economic Zone as a highly potential industrial zone in Southeast Asia. The Indonesian Consul General in Penang said this move demonstrates the strengthening of Indonesia-Malaysia bilateral economic relations and shows investor confidence in Indonesia's investment climate. The Director of Manufacturing Promotion at the Investment Coordinating Board stated that this project is an example of a profitable and sustainable investment, reflecting a long-term strategic partnership. This investment project not only creates local jobs and promotes Indonesia's economic development but also enhances the international status of the Batang Special Economic Zone, making it an important destination for global manufacturing and exports, helping Indonesia emerge in the international industrial arena.
Malaysian plastic packaging giant Thong Guan Industries Berhad is investing US$7 million (approx. IDR 1.14 trillion) to build a factory in the Batang Special Economic Zone. The facility covers 5.04 hectares and is expected to create 500 jobs. With over 50 years of history, it is a global leader in stretch film exports and dominates Japan's plastic bag market. 85% of its products are exported to South Korea, Mexico, Chile, Vietnam, and other countries, with annual revenues of IDR 4.2 trillion. The project emphasizes sustainable development, and the factory will adopt environmentally friendly technologies, including energy-efficient machinery, plastic waste recycling, and an international-standard environmental management system, embodying the concept of green industry. The Batang Special Economic Zone was chosen because of its complete infrastructure, stable environment, and high operational efficiency, which meet the company’s supply chain development needs. The General Manager of PT Batang Industrial Park stated that this reflects global recognition of the Batang Special Economic Zone as a highly potential industrial zone in Southeast Asia. The Indonesian Consul General in Penang said this move demonstrates the strengthening of Indonesia-Malaysia bilateral economic relations and shows investor confidence in Indonesia's investment climate. The Director of Manufacturing Promotion at the Investment Coordinating Board stated that this project is an example of a profitable and sustainable investment, reflecting a long-term strategic partnership. This investment project not only creates local jobs and promotes Indonesia's economic development but also enhances the international status of the Batang Special Economic Zone, making it an important destination for global manufacturing and exports, helping Indonesia emerge in the international industrial arena.