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Introduction



Kendal Industrial Park (KIP) is the largest industrial township development in Central Java with a total development size of 2,200 hectares. KIP is also a joint venture between two industrial developers in South East Asia naming Sembcorp Development Ltd and PT Jababeka Tbk.

This project is highly supported by Indonesia's and Singapore's governments it was officially open on 16th November 2016 was officiated by President Jokowi and PM Lee Hsien Loong. To date, KIP has successfully attracted over 61 tenants from different industries such as food, furniture, stationery, building materials, warehousing, and so on.

The 1st phase of KIP developments will include a golf course, town center, shopping district, marina city, food city, fashion hub, furniture hub, high-rise residential developments, luxurious bungalows, and industrial clusters. 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 the National Strategic Project, and accelerates 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 time every six months. In December 2019, The Government has officially designated KIP, as New Special Economic Zone (SEZ) regulated with PP No.85/2019

Shareholders




Sembcorp Development

Sembcorp Development is a leading Asian developer with more than 30 years of experience in transforming raw land into sustainable integrated urban developments, comprising industrial parks as well as business, commercial and residential spaces. It has a portfolio of 14 private sector-led and government-supported projects in Vietnam, China, Indonesia, and Myanmar spanning around 12,000 hectares in these markets. Our projects have attracted over US$34.2 billion in direct investments, and we have over 1,000 multinational and leading local corporations as tenants, delivering the economic engine for growth.

Sembcorp Development is the wholly-owned urban development subsidiary of Sembcorp Industries (Sembcorp), a leading energy and urban development player driven by its purpose to do good and play its part in creating a sustainable future. Leveraging its sector expertise and global track record, Sembcorp delivers innovative energy and urban solutions that support the energy transition and sustainable development. Sembcorp’s energy business has a balanced thermal and renewable energy portfolio of over 12,600MW, with more than 2,600MW of renewable energy capacity globally.

Sembcorp is listed on the main board of the Singapore Exchange. It is a component stock of the Straits Times Index and sustainability indices including the FTSE4Good Index, the Dow Jones Sustainability Asia Pacific Index and the iEdge SG ESG indices. For more information, please visit www.sembcorp.com.


PT Jababeka Tbk

Established in 1989, PT Jababeka Tbk is the premier township developer in Indonesia with businesses in land development (industrial, residential, commercial, office space, etc.); infrastructure (water provision, waste water treatment, estate management, power, dry port/logistics, etc.) and leisure & hospitality (golf, hotel & resort, etc.). Jababeka’s flagship development in Kota Jababeka is a 5,600-hectare fully integrated township in Cikarang, 35 km east of Jakarta. Kota Jababeka has an estimated population of over 1 million people and is home to over 1,600 local enterprises and MNCs from 30 countries employing over 800,000 workers and 4,500 expatriates.


Vision and Corporate Values



  1. Vision :
  2. Fully Integrated Industrial Township Offering High-Quality Services & Security

  3. Corporate Values :
  4. Integrity, Reliability, Care, Discipline, Teamwork

Milestones