INDONESIA AS NEW EMERGING MARKET

Tuesday, April 18, 2006

The development of the industrial estate continued till 2007

Benjamin M. Lamberte, the senior Consultant Coldwell Banker Commercial Indonesia suggested that through to quarterly III 2005 occupancy rates (physical occupancy) the industrial region (KI) in Jakarta, Bogor, Depok, Tangerang and Bekasi (Jabodetabek) was not yet maximal or around 65,7%, but the KI development will continue till 2007.
According to David Cheadle, Chief Executive Officer PT Procon Beautiful, the shortage of the absorption because of the property investor more was interested developing the office complex, ritel and the dwelling.
Whereas according to Benjamin the condition was caused the infrastructure in an amount of KI did not yet support and must be straightened out became better.
The new region opening and the development of the available region were still being carried out by the developer and the investor, because of being estimated when the infrastructure improved the region will be full and till the next three years was estimated improved around 655 ha., with the data as follows:

Milenium Industrial Estate
Location: Tangerang, Banten
Size: 40 ha.
Realitation: 2006

JABABEKA Phase3
Location: Bekasi, West Java
Size: 100 ha.
Realitation: 2006

Delta Mas Industrial Estate
Location: Bekasi, West Java
Size: 250 ha.
Realitation: 2006

Bukit Indah Extention
Location: Kerawang, West Java
Size: 265 ha.
Realitation: 2006

Moreover after one stagnant semester, to quarterly Ii 2005 happened the increase 30 ha by Millenium IE in Tigaraksa, 65 ha in Bekasi the IE Dawn and 80 ha in Modern Cikande was finished quarterly I in 2006.

(the source: the Indonesian business, on November 18.2005, T4)

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