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Grand Batang City Named Best Industrial Estate for Investment Realization and New Industrial Sector Development at Bisnis Indonesia Awards 2024

dustrial Estate with The Best Investment Realization and Fostering The Growth of The New Industrial Sector" at the Bisnis Indonesia Awards 2024

Jakarta, June 13, 2024 – PT Kawasan Industri Terpadu Batang (KITB), or  Grand Batang City, has achieved outstanding recognition by winning the prestigious award for "Industrial Estate with The Best Investment Realization and Fostering The Growth of The New Industrial Sector" at the Bisnis Indonesia Awards 2024. This award is a testament to KITB's commitment and excellence in attracting investments, driving the growth of new industrial sectors, and contributing to national economic advancement.

 

The Bisnis Indonesia Awards 2024 not only focuses on financial achievements but also emphasizes a company's commitment to ESG (Environmental, Social, and Governance) principles. In today’s modern era, companies are expected to be responsible for their social and environmental impacts, beyond merely pursuing profits.

 

Wimboh Santoso, Chairman of the Bisnis Indonesia Awards Jury, stated that the award is given to companies that "not only grow but are also capable of seizing opportunities and agilely adapting to the ever-changing business landscape." This ability is key to achieving success in an era full of uncertainty.

 

KITB earned this prestigious award due to several key factors, including Significant Investment Realization: KITB has demonstrated outstanding performance in attracting investment. Notably, in Q1/2024, Batang Regency, where KITB is located, recorded the highest foreign direct investment (FDI) realization in Central Java. This reflects investor confidence in KITB’s potential and bright prospects. Developing New Industrial Sectors: KITB is not only focused on traditional industries but also opens opportunities for investment in new and innovative industrial sectors. This is evident from the presence of tenants in fields such as solar panels, medical equipment, glass, PVC, footwear, and more. Commitment to Green Industry: KITB is designed with green industry principles, including the use of renewable energy, effective water and waste management, and environmentally friendly industrial practices. Building a Comprehensive Industrial Ecosystem: KITB provides not just land and infrastructure but also builds a complete industrial ecosystem. This includes the development of residential, commercial, and educational areas to support the needs of workers and the surrounding community.

 

“This award is the result of the hard work and dedication of everyone at KITB in creating a leading industrial zone that supports national economic growth. We are committed to continuous innovation and providing the best service for our investors. KITB is ready to be a leading industrial hub in Indonesia and contribute to achieving the vision of Indonesia Maju,” said Ngurah Wirawan.

 

KITB is optimistic about continuing to contribute to national economic growth and realizing Indonesia Maju. With a spirit of collaboration, innovation, and commitment to environmental sustainability, KITB is poised to be an ideal industrial area model that supports investment realization, new industrial sector development, and job creation. This award motivates KITB to further enhance its services and infrastructure and expand its strategic partnership network.