Indonesia Customs Grants Bonded Warehouse Facility to Boost Industry

The Directorate General of Customs and Excise in Central Java and Yogyakarta has granted a bonded warehouse facility to PT Yong Sheng Packaging, reinforcing its commitment to supporting national industrial growth. This facility allows businesses to store imported goods before they are distributed or used by specific industries, providing significant logistical and financial advantages.

Agus Yulianto, Head of the Regional Office of Customs and Excise for Central Java and Yogyakarta, presented the facility's approval letter. He stated that the initiative is designed to improve supply chain efficiency, bolster industrial competitiveness, and positively impact the regional economy. Companies utilizing bonded warehouses benefit from deferred import duties and taxes, leading to optimized cash flow and reduced overall logistics expenses.

For PT Yong Sheng Packaging, this facility will offer greater flexibility in managing imported raw materials according to client needs. This efficiency is expected to enable faster client response times and ensure a smooth supply of raw materials, ultimately enhancing product competitiveness in the global market. The company projects an increase in local employment, from 15 workers in 2026 to 35 by 2030, demonstrating the broader economic benefits.

Customs and Excise views these facilities as part of its role as a trade facilitator and industrial assistant. By creating a conducive business climate, they aim to enhance the competitiveness of national industries on the global stage. The bonded warehouse program is specifically intended to help businesses operate more efficiently and competitively, fostering investment, expanding employment opportunities, and contributing significantly to the national economy.