PT Jababeka Tbk is the first publicly listed industrial estate developer in Indonesia, being listed on the Jakarta and

Surabaya Surabaya ( jv, ꦱꦸꦫꦧꦪ or jv, ꦯꦹꦫꦨꦪ; ; ) is the capital city of the Indonesian province of East Java and the second-largest city in Indonesia, after Jakarta. Located on the northeastern border of Java island, on the Mad ...

Stock Exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...

under the "KJIA" ticker symbol in 1994. It was established in 1989 by Setyono Djuandi Darmono, marked by the development of an integrated city in some 5,600 hectares of land which is

Kota Jababeka Kota Jababeka is an integrated industry-based township development at Cikarang, Indonesia, which is within Greater Jakarta. It is located 35 km east of Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Ja ...

Cikarang Cikarang is a town serving the seat of Bekasi Regency, West Java, Indonesia. The biggest industrial estate in Southeast Asia, Kota Jababeka is located there. Industrial area Cikarang is an area located in Kota Deltamas that includes the governm ...

. As an industrial estate developer, Jababeka creates an industry-based township through developing industrial, residential, commercial property, leisure, infrastructure and estate management service.

History and milestones

PT Jababeka Tbk was established in 1989. In the same year, the development of industrial estate took place in

, known as Jababeka Industrial Estate, while the residential estate was started being developed three years later. In 1994, PT Jababeka Tbk was listed on Jakarta and

stock exchange, making it the first publicly listed industrial estate developer in Indonesia. Then in 1996, there were acquisitions of Menara Batavia in Jakarta CBD and also 1,000 ha industrial land in

Cilegon Cilegon (Indonesian: ''Kota Cilegon'', Sundanese: ) is a major coastal industrial city in Banten province, Indonesia, covering . It is located on the island of Java. The city had a population of 374,464 at the 2010 Census and 434,896 at the 2020 C ...

Banten Banten ( id, Banten; Sundanese: , romanized ''Banten'') is the westernmost province on the island of Java, Indonesia. Its capital city is Serang. The province borders West Java and the Special Capital Region of Jakarta on the east, the Java ...

. Still in the same year, PT Jababeka Tbk inaugurated the Jababeka Golf and Country Club in Jababeka. Then in 2001, there was inauguration of Education Park, including President University. Development was still going on with the next project was the development of Jababeka Central Business District (CBD) in

in the year of 2003, and continued with the groundbreaking of 130 MW Power Plant project in 2007 as well as Medical City in 2008. Besides the power plant, another infrastructure developed was the dry port.

Cikarang Dry Port Cikarang Dry Port (CDP) is a dry port located within Kota Jababeka at Cikarang, West Java, Indonesia. CDP was established in 2010 with a total area of 200 hectares. It is operated by PT Cikarang Inland Port, a subsidiary of publicly listed PT ...

started operations in 2010 and appointed as an Integrated Customs Services Zone with international port code IDJBK. In 2011, PT Jababeka Tbk acquired 1,500 ha land in

Tanjung Lesung Tanjung Lesung Beach (Indonesian: Pantai Tanjung Lesung) is a beach in Pandeglang Regency, Banten, western tip of Java. It is from the capital city of Indonesia, Jakarta, and can be reached by car or public bus in about a 3-4-hour drive. It i ...

. Next development was the

Kendal Industrial Estate Kendal Industrial Estate is an international industrial complex operated by PT Kawasan Industri Kendal and developed by PT Jababeka Tbk and Sembcorp Development Ltd as a bilateral cooperation between Indonesia and Singapore. It is located in ...

Central Java Central Java ( id, Jawa Tengah) is a province of Indonesia, located in the middle of the island of Java. Its administrative capital is Semarang. It is bordered by West Java in the west, the Indian Ocean and the Special Region of Yogyakarta ...

while in Jababeka, Bekasi Power started operating in 2013. By 2014 PT Jababeka Tbk achieved over IDR 2.5 trillion in revenue. In 2015, development of US$1 billion Plaza Indonesia Jababeka township project was begun.

Products and services

Industrial

The Jababeka Industrial Estate in Kota Jababeka,

Bekasi Bekasi (, su, ) is a city in West Java, Indonesia, located on the eastern border of Jakarta.the city of planet Bekasi is his nickname.It serves as a commuter city within the Jakarta metropolitan area. According to the 2020 Census by Statist ...

West Java West Java ( id, Jawa Barat, su, ᮏᮝ ᮊᮥᮜᮧᮔ᮪, romanized ''Jawa Kulon'') is a province of Indonesia on the western part of the island of Java, with its provincial capital in Bandung. West Java is bordered by the province of Bante ...

is the first modern Indonesian eco-industrial estate and jointly developed with ProLH GTZ under a technical cooperation program collaboratively established by Indonesia's Ministry of Environment and the Republic of Germany. The industrial estate includes industrial land lot, built-to suit factories, Biz Park Jababeka and logistic buildings. It spans in more than 2,000 hectares of land and contains more than 1,650 local and multinational corporations from 30 countries, such as United States, Japan, France, United Kingdom, the Netherlands, Australia, Korea, Singapore, Taiwan, and Malaysia.

Residential

Jababeka’s Residential Estate is set in the heart of Kota Jababeka,

where professionals who work in Jababeka's Industrial Estate reside. The development of the residential estate known as Jababeka Residence started back in 1992. It lies on a 1,400 hectares land and consists of around 50,000 housing units catering for all social strata as it comprises various types of residential clusters.

Commercial

Jababeka's commercial products include commercial plots of land, shophouses, office and commercial space for rent which is located in Kota Jababeka,

. The Jababeka Central Business District contains various commercial facilities which are shops, restaurants and banks. This area is commonly used by youngsters from local schools and universities, faculty members, entrepreneurs, professionals and many others to have social interactions.

Infrastructure

Infrastructures in Jababeka are built to support the growth of its estates. The power plant which is managed by PT Bekasi Power, a subsidiary of PT Jababeka Tbk, supports the continuity of Uninterruptible Power Supply (UPS) operation for seven industrial estates in eastern Jakarta, especially Jababeka industrial area. It also cooperates with the state electricity company or Perusahaan Listrik Negara (PLN) to support government programs in electricity distribution in Bekasi and Karawang’s industrial areas. Another infrastructure developed by Jababeka is the dry port called

which allows import-export customs clearance to be resolved within the Jababeka industrial area. Besides the power plant and the dry port, Jababeka develops water treatment plant units as well as waste water management.

Estate management

In addition to the water and waste water treatment plant, Jababeka provides network of fiber optics powered by PT

Telkom Indonesia PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate. Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange. The ...

, PT. Indonesia Comnet Plus (Icon+) dan PT Indosat. Jababeka has invested in road improvement and drainage services program, in-house fire brigade and fire hydrants, 24-hour security, public lighting and public transportation, all of which fall under Jababeka's estate management services.

Leisure and hospitality

Some products of Jababeka's leisure and hospitality are Jababeka Golf and Country Club, Borobudur International Golf & Country Club, President Lounge, Metro Suites and Metro Hotel.

Corporate affairs and identity

Facts and figures

Jababeka was established in 1989. One of the major works of Jababeka is

. As of 2017 Jababeka employs more than 700,000 workers and 10,000 expatriates in order to support the creation of employment opportunities in Indonesia. Jababeka becomes home base to some tenants which are Loreal,

ICI Paints ICI or Ici may refer to: Companies and organisations * ICI Homes, builder, Florida. US * Former UK Imperial Chemical Industries ** ICI Australia, later Orica * Independent Curators International, New York City, US * Indian Concrete Institute * ...

Mattel Mattel, Inc. ( ) is an American multinational toy manufacturing and entertainment company founded in January 1945 and headquartered in El Segundo, California. The company has presence in 35 countries and territories and sells products in more ...

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

Unilever Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy ...

United Tractors PT United Tractors Tbk or United Tractors (UT/the Company) is a company that was established on 13 October 1972 as the exclusive distributor of Komatsu Limited heavy equipment in Indonesia. On 19 September 1989, the company went public and liste ...

Akzo Nobel Akzo Nobel N.V., stylized as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 80 countries, ...

and

Nissin Mas Nisshin, Nissin (pronounced the same, written as 日清, 日新, 日真, etc. in Japanese) may refer to: Geography * 日進市: Nisshin, Aichi, a city in Aichi Prefecture, Japan, near the city of Nagoya * 日進村: Nisshin, Saitama, a former ...

Besides

, Jababeka continues working with keen regional governments in Indonesia to develop more cities. Ongoing projects are

(Tanjung Lesung

SEZ A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increas ...

), Kendal (

Morotai Morotai Island ( id, Pulau Morotai) is an island in the Halmahera group of eastern Indonesia's Maluku Islands (Moluccas). It is one of Indonesia's northernmost islands. Morotai is a rugged, forested island lying to the north of Halmahera. It ha ...

(Jababeka Morotai

) and

. Potential cities to be developed are

Bengkulu Bengkulu is a province of Indonesia. It is located on the southwest coast of Sumatra. It was formed on 18 November 1968 by separating out the former Bencoolen Residency area from the province of South Sumatra under Law No. 9 of 1967 and was ...

Cirebon Cirebon (, formerly rendered Cheribon or Chirebon in English) is a port city on the northern coast of the Indonesian island of Java. It is the only coastal city of West Java, located about 40 km west of the provincial border with Central Ja ...

Tuban Tuban is a town located on the north coast of Java, in Tuban Regency (of which the town is the administrative capital), approximately west of Surabaya, the capital of East Java. Tuban Regency is surrounded by Lamongan Regency in the east, ...

Madura Madura Island is an Indonesian island off the northeastern coast of Java. The island comprises an area of approximately (administratively 5,379.33 km2 including various smaller islands to the east, southeast and north that are administrat ...

Banda Aceh Banda Aceh ( Acehnese: ''Banda Acèh'', Jawoë: كوتا بند اچيه) is the capital and largest city in the province of Aceh, Indonesia. It is located on the island of Sumatra and has an elevation of . The city covers an area of and had ...

Medan Medan (; English: ) is the capital and largest city of the Indonesian province of North Sumatra, as well as a regional hub and financial centre of Sumatra. According to the National Development Planning Agency, Medan is one of the four ma ...

, Sei Mangkei,

Padang Padang () is the capital and largest city of the Indonesian province of West Sumatra. With a Census population of 1,015,000 as of 2022, it is the 16th most populous city in Indonesia and the most populous city on the west coast of Sumatra. Th ...

Bintan Bintan Regency (formerly Riau Islands Regency; id, Kabupaten Kepulauan Riau) is an administrative area in the Riau Islands Province of Indonesia. Bintan Regency includes all of Bintan Island (except for the city of Tanjung Pinang which is sep ...

Bangka Belitung The Bangka Belitung Islands ( id, Kepulauan Bangka Belitung) is a province of Indonesia. Situated off the southeastern coast of Sumatra, the province comprises two main landmasses— Bangka and Belitung—and numerous smaller islands. Bangka Bel ...

Yogyakarta Yogyakarta (; jv, ꦔꦪꦺꦴꦒꦾꦏꦂꦠ ; pey, Jogjakarta) is the capital city of Special Region of Yogyakarta in Indonesia, in the south-central part of the island of Java. As the only Indonesian royal city still ruled by a monarchy, ...

Pontianak Pontianak or Khuntien is the capital of the Indonesian province of West Kalimantan, founded first as a trading port on the island of Borneo, occupying an area of 118.31 km2 in the delta of the Kapuas River at a point where it is joined ...

Balikpapan Balikpapan is a seaport city in East Kalimantan, Indonesia. Located on the east coast of the island of Borneo, the city is the financial center of Kalimantan. Balikpapan is the city with the largest economy in Kalimantan with an estimated ...

Bitung Bitung is a city on the northern coast of the island of Sulawesi in Indonesia. It is in the province of North Sulawesi, and faces Lembeh Island (which forms two districts of the city) and the Lembeh Strait, which is known for its colourful marin ...

Palu Palu, which is officially known as the City of Palu (Indonesian: ''Kota Palu''), is the capital and largest city of Central Sulawesi. Palu is located on the northwestern coast of Sulawesi and borders Donggala Regency to the north and west, P ...

Takalar Takalar Regency ( mak, ᨈᨀᨒᨑ, Takalara’, ) is a regency of South Sulawesi Province, Indonesia. It covers an area of 566.51 km2 and had a population of 269,603 at the 2010 census and 300,853 at the 2020 census; the official estimate fo ...

, Ende, Flores,

Ambon Ambon may refer to: Places * Ambon Island, an island in Indonesia ** Ambon, Maluku, a city on Ambon Island, the capital of Maluku province ** Governorate of Ambon, a colony of the Dutch East India Company from 1605 to 1796 * Ambon, Morbihan, a co ...

Sorong Sorong is the largest city and the capital of the Indonesian province of Southwest Papua. The city is located on the western tip of the island of New Guinea with its only land borders being with Sorong Regency. It is the gateway to Indonesia' ...

Kaimana Kaimana is a small port town in West Papua, Indonesia and capital of the Kaimana Regency. It had a population of 13,613 at the 2010 Census. In March 2007, the Indonesian Navy conducted a training exercise off the coast of Kaimana in Kaimana B ...

Management team

Board of commissioners

* Setyono Djuandi Darmono – Chairman & Founder * Hadi Rahardja – Co-Chairman & Founder * Bacelius Ruru – Vice President Commissioner / Independent Commissioner * Gan Michael – Commissioner * Ketut Budi Wijaya – Commissioner / Independent Commissioner

Board of directors

* T. Budianto Liman – President Director * Hyanto Wihadhi – Director * Sutedja Sidarta Darmono – Director * Tjahjadi Rahardja – Director * Setiawan Mardjuki – Director

Subsidiaries

* PT Jababeka Infrastruktur * PT Gerbang Teknologi Cikarang * PT Bekasi Power * PT Cikarang Inland Port * PT Indokargomas Persada * PT Metropark Condominium Indah * PT Jababeka Morotai * PT Graha Buana Cikarang * PT Padang Golf Cikarang * PT Saranapratama Pengembangan Kota * PT Mercuagung Graha Realty * PT Banten West Java Tourism Development * PT Tanjung Lesung Leisure Industry * Jababeka International BV * Jababeka Finance BV

Corporate social responsibility

Economic empowerment

Jababeka works with Small and Medium Enterprises (SME) to increase their capabilities to earn income, and encourages small organic farmers to succeed in the agribusiness sector. Moreover, Jababeka also assists with general infrastructure development and repairs, particularly of waterworks and roads, to support quality of life for residents of local communities.

Social welfare

Jababeka provides free medical services for the underprivileged, supports government health programmes, helps construct and renovate schools and libraries, and gives scholarships to high achieving underprivileged children.

Environment

Jababeka has established an 11-ha Botanic Garden to help preserve biodiversity and serve as green "lungs" for the surrounding residents.

Awards

* Supply Chain Asia Awards 2014 – Asia Logistics Centre/Park of the Year Cikarang Dry Port * Frontier Consulting Group Award – Rank #1 Corporate Image 2014 in category Industrial Estate * Fortune Indonesia Magazine – Ranks 10th in the 50 Fastest Growing Companies, 2013 * Kemenperin Award – The Best Performance in Infrastructure and Facilities, 2013 * Forbes Indonesia – Best Company Award, 2012 * Investor Magazine Award – Top 10 Best Performing Listed Companies and Best Listed Companies in Property and Building Construction, 2012 * PROPER Awards 2009 & 2011 * Green Property Awards 2011 * Green Property Award 2009 * Indonesian CSR Award 2008 * Participation and Support for Housing Development Award, 2008 * Laboratory Examiner Award, 2008

References

{{reflist

External links

Jababeka
1989 establishments in Indonesia 1994 initial public offerings Real estate companies of Indonesia Companies listed on the Indonesia Stock Exchange Indonesian companies established in 1989