News & Updates

Industry News 2024-07-27

The "Two Countries, Twin Parks" Project: Batang Wanxinda Industrial Park

On July 25, starting from Jakarta, after a 1-hour flight, Mr. Wang landed in Semarang, the core city of the Central Java industrial belt, and then after another 1-hour drive, arrived at the Batang Wanxinda Industrial Park, 60 kilometers west of Semarang. The planned total area of the Batang Industrial Park is 4,300 hectares. After the Indonesian government initiated construction in 2021, it became the Indonesian partner park of the China-Indonesia Two Countries, Twin Parks project that same year. In 2023, Dr. Chen Riling, founder of the Wanxinda Group, came to Indonesia. After driving a total of 50,000 kilometers for site inspections, he was attracted by the park's convenient transportation, complete supporting facilities, and the competitive advantages of labor and land costs in Central Java, finally settling in the Batang park. The first phase covers an area of 200 hectares for the construction of the Batang Wanxinda Industrial Park.

Policy Information 2024-07-26

Indonesian Trade Minister Says Illegal Import Task Force Does Not Target Ordinary Merchants

The Minister of Trade (Mendag) confirmed that the Illegal Imported Goods Supervision Task Force (Satgas), which applies to import trade procedures, focuses on importers and/or distributors of illegal goods, not on retailers or traders in shopping centers. However, the task force may also conduct inspections in shopping centers, but the nature of these inspections is to seek information about illegal importers. The task force's duties include: first, identifying problems in the supervision of certain goods subject to import trade regulations; second, determining program objectives and work procedures; and third, inspecting business licenses or requirements for certain goods subject to the import trade system.

Policy Information 2024-07-25

Trade Minister Says Task Force Focuses on Major Wholesalers and Importers

The Minister of Trade (Mendag) stated that the special task force (Satgas) for supervising illegal imported goods is not targeting retailers. Instead, it will focus on monitoring the activities of importers, distributors, or wholesalers of seven regulated commodities. These seven commodities are textiles and textile products (TPT), ready-made garments, ceramics, electronics, beauty or cosmetic products, textile finished products, and footwear. The focus of supervision is on importers or distributors, so he urged traders selling these seven legal commodities not to worry about the existence of the task force. Furthermore, he revealed that the newly established special

Industry News 2024-07-25

Analysis of the Three Major Industrial Belts on Java Island for Setting Up Factories in Indonesia

For manufacturing site selection in Indonesia, it is essential to understand the three major industrial belts on Java Island. On Java Island, the main manufacturing industrial belts from west to east are divided into three major areas: the Jakarta-Bandung industrial belt, the Central Java industrial belt, and the East Java industrial belt. Among these three, the Jakarta-Bandung industrial belt has been developed for over 40 years, centered on Jakarta, spanning 120 kilometers from east to west. On the west side, there are large-scale industrial parks such as Millennium Park, Modern Cikande Park, and Xiashangzhou Park, while on the east side, it is more concentrated, including Jababeka Park, Marongga Park, Sinar Mas Park, Lippo

Policy Information 2024-07-24

Indonesia's Crackdown on Illegal Imported Goods Policy to Last at Least One Year

The Director of Consumer Protection and Orderly Business (PKTN) at the Ministry of Trade (Kemendag) stated that the special task force monitoring illegal imports is valid for one year. If necessary, the government can extend the working period and add more products. The task force consists of relevant ministries, institutions, and law enforcement officials, and operates under the direct instructions of the Minister of Trade. They are already aware of the locations commonly used for smuggling illegally imported goods. The Minister of Trade previously met with the Attorney General and the Chief of the National Police to request support in forming the task force. The Ministry of Trade will also coordinate with the Criminal Investigation Agency (Bareskrim) of the National Police

China Investment News 2024-07-23

Chinese Battery Giant Plans to Invest in Factory Construction in Indonesia

A battery and technology company from China, Contemporary Amperex Technology Co., Ltd. (CATL), is preparing to build an electric vehicle battery factory in Indonesia. The President of Wuling Motors recently revealed this information on the sidelines of the GIIAS 2024 exhibition held at ICE BSD, Tangerang. He stated that the TKDN (local content level) of Wuling electric vehicles reaches up to 40%, including battery localization in cooperation with Gotion. They already have a local assembly factory in Indonesia and possess a packaging line. Therefore, batteries are produced locally, including for products exported to Thailand. However, after this, they also plan to invest in Indonesia, and other companies like CATL also intend to produce here.

Social Trends 2024-07-22

Seven Local Indonesian Ceramic Enterprises Forced to Close and Suspend Production

The Ministry of Industry (Kemenperin) stated that seven tile companies have gone bankrupt or closed, due to rising natural gas prices and the impact of massive ceramic imports from China. The head of the Ceramic and Glass Industry Development Working Group of the Ministry of Industry said that the local ceramic industry's competitiveness has been declining due to rising natural gas prices. Although it was successful before 2015, with high corporate competitiveness and even a utilization rate of 90%, it began to decline afterwards. Corporate competitiveness became very low, unable to compete on price, and the arrival of cheap imported products made the situation worse. The surge in tile imports flooded in