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AKRA's JIIPE Gresik SEZ officially appointed as Technology & Manufacturing SEZ

02 July 2021 10:47

JAKARTA - The JIIPE Gresik Special Economic Zone owned by PT AKR Corporindo Tbk (AKRA.) and Pelindo III has been officially appointed as a Technology & Manufacturing SEZ through Government Regulation (PP) No. 71 of 2021 dated June 28, 2021, signed by the President of the Republic of Indonesia, Joko Widodo.

The appointment of JIIPE as a Technology & Manufacturing SEZ makes it one of the most competitive Industrial Estates and is in demand by industry players in this region. JIIPE Gresik SEZ is a National Strategic Object for Industry 4.0. It provides superior connectivity with multimodal transportation, connected deep sea ports, 1 stop complete utility, environmental permit with 1 door AMDAL, and fast construction permit through the KLIK facility.

SEZ status will provide additional incentives to investors. Among them are fiscal incentives including Income Tax, Customs and Excise. Non-Fiscal incentives include approval of 1-door permits and licenses, ease of traffic of goods, and flexibility in employment

Currently, SEZ Gresik JIIPE has 13 tenants from the chemical processing, food, construction, and smelter industries. With the status of the Technology & Manufacturing SEZ, the cluster will be organized into four types, namely production and processing, logistics and distribution, research, digital economy and technology development, and energy development.

Gresik JIIPE SEZ is equipped with 400 hectares of deep sea port area which is strategically located in the Madura Strait and part of the Surabaya Port Area. With a total pier length of 6,200 m, sea water depth of -16 m LWS, JIIPE Gresik SEZ can serve ships up to 150,000 DWT. This port has been operating since 2015, and is targeted to handle cargo up to 6 million MT per year. Currently the port has entered the 2nd phase of development: Jetty expansion from 30x250 m to 50x500 m. (LM)

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