This project is highly supported by Indonesia’s and Singapore’s governments. It was officially inaugurated on 14^th November 2016 by Indonesia’s President, Joko Widodo and Singapore’s Prime Minister, Lee Hsien Loong. To Date, KIP has successfully attracted 103 Business Entities from different Industries, such as Food, Furniture, Fashion, Electronic, Automotive and so on.

The 1^st Phase of KIP developments will include industrial clusters, town center, shopping districts, residential and recreational area. This development is the first of its kind in Central Java and even Indonesia, ambitiously expanding and developing rapidly. KIP will be an operating ecosystem for many industrial clusters and a self-sustaining economic system.

The Indonesian government established KIP as one of National Strategic Project and accelerated the development of macro and micro infrastructure. Therefore, The Coordinating Ministry for Economic Affairs, monitor and evaluate the implementation of National Strategic Project and report to the President at the minimum once every six months. In December 2019, KIP was officially designated as Special Economic Zone (SEZ) regulated by PP No.85/2019.