PR92268

JAKARTA, Indonesia, Oct. 13, 2021 /PRNewswire=KYODO JBN/ --

Indonesia's President Joko Widodo officiated the groundbreaking ceremony for PT

Freeport Indonesia's (PTFI) new copper smelter at Special Economic Zone Java

Integrated Industrial and Port Estate (SEZ JIIPE) Gresik, East Java. The 1.7

million MT Copper Smelter and Precious metals refinery being built in JIIPE is

a project to strengthen the national downstream metals industry in Indonesia.  

JIIPE is a strategic national project jointly promoted by PT AKR Corporindo

Tbk., (AKRA.IJ) along with State owned Pelindo III which integrates industrial

estate with deep seaport and other utilities.

"The arrival of PTFI in the Special Economic Zone (SEZ) JIIPE in Gresik will be

a strong pull factor for other industries to invest in Indonesia, especially

those in the copper derivatives industry. We will keep supporting the

development of infrastructure, as well as easing business processes. In

addition, the local government of East Java province and district of Gresik

will contribute to meeting the human resources needs of SEZ Gresik to make

Indonesia more attractive as an investment destination," said President Widodo.

During a back-to-back event, Coordinating Minister of Economy, Airlangga

Hartarto, also officially handed over SEZ status to JIIPE Gresik and

inaugurated it as a Development and Management Entity (BUPP).

Hartarto said, "Currently we have 15 out of 19 SEZs in operation, with a total

investment of 64.4 trillion rupiahs, that has generated over 30,000 new jobs

and total exports of 38 trillion rupiahs. Today, SEZ Gresik officially receives

its status as Special economic zone as per Government Regulation No 71. The

designation marks a milestone in the development of a chosen brownfield site

chosen to become a new export and advanced technology-oriented powerhouse."

With the addition of BUPP status, JIIPE will be authorised to handle all

business licensing requests for investors under one roof, such as the issuing

of building permits, environmental impact assessment certificates (AMDAL), and

operational permits.

President Director of AKR Corporindo Haryanto Adikoesoemo said, "With SEZ and

BUPP status now legally confirmed, investors will be able to do business in

comfort.  Our strategy in JIIPE is to build clusters of supply chains, provide

utilities at competitive prices and an integrated deep seaport.  This will

enable our tenants operate efficiently and be competitive not only in Indonesia

but also in the region".

For more information on SEZ JIIPE, please visit jiipe.com.

Source: PT AKR Corporindo

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=403691

   Caption: Indonesia President Joko Widodo

   Link: http://asianetnews.net/view-attachment?attach-id=403693

   Caption: Coordinating Minister of Economy, Airlangga Hartarto, handing over official SEZ

status to President Director of PT BKMS Bambang Soetiono Soedijanto

   Link: http://asianetnews.net/view-attachment?attach-id=403694

   Caption: PT AKR Corporindo President Director Haryanto Adikoesoemo highlighting salient

features of SEZ Gresik to President Joko Widodo