Kendal Special Economic Zone (KEK), located in Central Java, has recorded a brilliant achievement by attracting investment of IDR 141 trillion in the eight-year period from 2016 to 2024. Of the total investment, around IDR 86 trillion has been realized, showing significant progress in the development of this industrial area.
Executive Director of KEK Kendal, Juliani Kusumaningrum, revealed that the peak of investor arrivals will occur in 2023-2024, where many entrepreneurs are relocating or expanding their businesses to this area. This shows that KEK Kendal is increasingly attracting the interest of investors both from within the country and abroad.
“The investment that has been successfully attracted has reached IDR 141 trillion, with IDR 86 trillion already realized. This figure will of course continue to shift over time due to the process required for investors to adapt and start operations in Indonesia,” explained Juliani at a media gathering event at Menara Batavia, Central Jakarta, Thursday (27/2/2025).
To date, the Kendal Special Economic Zone has attracted 124 companies, with around 39% of them coming from China. In addition, around a quarter are from Indonesia, and the rest are investors from countries such as Hong Kong, South Korea, and Germany.
The industrial sectors that are developing in the Kendal Special Economic Zone are very diverse, ranging from fashion, furniture, footwear, automotive, to electronics. As an area that receives various fiscal incentives, such as tax holidays and tax allowances, the Kendal Special Economic Zone is a strategic choice for investors who meet the minimum investment criteria of IDR 100 billion.
One important achievement is the number of workers absorbed. From 2016 to 2024, 61,984 people worked in the Kendal Special Economic Zone, with 17,635 of them accepted in 2024. The workforce includes those who work directly in companies in this area as well as by contractors involved in the construction and operation of the Kendal Special Economic Zone.
Kendal SEZ is located approximately 25 kilometers from Tanjung Mas Port, Semarang, which can be reached in approximately 35 minutes. This strategic location further strengthens Kendal SEZ’s position as a center for industrial and investment growth in Indonesia. With the support of continuously developing infrastructure and favorable fiscal facilities, Kendal SEZ is expected to continue to attract investment, create jobs, and drive economic growth in Central Java and Indonesia as a whole.
February 27, 2025, detikFinance
(https://finance.detik.com/infrastruktur/d-7798067/kek-kendal-sukses-tarik-investasi-rp-141-t-39-investor-asal-china)