Fitch Ratings has upgraded Indonesia’s township developer, PT Kawasan Industri Jababeka Tbk’s (Jababeka), long-term issuer default rating to “B+” from “B” with stable outlook. At the same time, Jababeka’s US$175 million five-year senior unsecured notes have also been upgraded to
PT Bekasi Power Completes Testing & Commissioning
PT Bekasi Power (BP), wholly owned subsidiary of PT Jababeka Tbk, has successfully completed all testing and commissioning of the power plant on January 5, 2013. Currently, BP is in the process of obtaining the COD Certificate from PT Perusahaan
Jababeka to build housing compound for elderly
A residential compound that is specifically designed to cater to the needs of the city’s senior citizens will be established in Cikarang, Bekasi, West Java, about 35 kilometers from the capital city. The president director of publicly listed developer PT
Cikarang Dry Port : Export Import Gateway in Industrial Estate
Cikarang Dry Port is Integrated Port and Logistics Facilities in east corridor of Greater Jakarta, Indonesia and has been allocated international port code IDJBK, which connects Cikarang Dry Port to other ports of call around the world through partner Shipping
First Export Yahama through CDP
Today, PT. Yamaha Music Manufacturing Asia (YMAA), a Japanese electronic musical manufacturing, starts their first export from Cikarang Dry Port (CDP) to Japan. The multimodal transport B/L is served by APL. One container 40ft is successfully passes the port clearance
New Development of Jababeka Cikarang
Along with economic growth and political stability as well as law enforcement and security issues are getting better in Indonesia as the trigger of foreign investors eyeing Indonesia as an attractive investment destination. Beside huge potential market, tax incentives for
Jababeka Plans Expansion as Demand Surges
Indonesia’s major industrial estate developer PT Jababeka Tbk., which operates the Jababeka industrial estate in Cikarang, West Java, will acquire more land to further expand in order to meet the surging demand for industrial sites. Corporate secretary Muljadi Suganda said
Jababeka Increases Cikarang Dry Port Capacity
JAKARTA (IFT) – PT Kawasan Industri Jababeka Tbk (KIJA) targeted an increase in Cikarang Dry Port container capacity in 2011 from 100 thousand twenty equivalent units (TEUs) to 150 thousand TEUs. This increase in capacity will give impact on company
The Customs and Quarantine Cooperation at Cikarang Dry Port
With the upcoming quarantine facility in Cikarang Dry Port, the Customs and Excise along with the Quarantine and Cikarang Dry Port (CDP) held a coordination meeting at Kota Jababeka Cikarang on 9 June 2011. The agenda is to formulate a
Giant Jababeka
In line with its commitment to continue serving the people of Indonesia, as one of the leading retail, Giant continues to expand its business by opening new stores in potential areas. In the first half of 2011 this target Jababeka
