Tanjungpinang Has Vast Land Potential for Industrial Investment, Says KADIN
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Tanjungpinang, Riau Islands, has vast land potential to attract industrial investment, according to the local Chamber of Commerce and Industry (KADIN).
- The city is drafting a regional regulation for industrial areas, earmarking 1,147 hectares for development.
- KADIN is collaborating with the local government to boost investment, seeing an opportunity as commercial land in nearby Batam diminishes.
Tanjungpinang, the capital of Riau Islands province, possesses significant potential to attract industrial investment due to its extensive available land, according to the local Chamber of Commerce and Industry (KADIN).
KADIN Tanjungpinang Chairman Ade Angga stated that the city has ample land that can be privately owned, making it an attractive prospect for both domestic and foreign investors. The city council and the Tanjungpinang City Government are currently finalizing a regional regulation for industrial areas. This regulation aims to streamline the investment process and is expected to be passed soon.
The draft regulation identifies approximately 1,147 hectares of undeveloped land suitable for industrial development, spread across three sub-districts. The largest portion, 769.30 hectares, is in Pulau Dompak, Bukit Bestari sub-district, designated for trade, free trade zones, shipbuilding and repair, halal industries, logistics, manufacturing, cold storage, food processing, high technology, and biotechnology. Smaller areas are allocated in Tanjungpinang Kota (16.39 hectares) and Tanjungpinang Timur (361.30 hectares) for eco-industrial zones, ports, and metro industrial parks.
Ade Angga emphasized that KADIN is ready to partner with the local government to enhance investment, viewing it as a crucial step to revitalize Tanjungpinang's economy. He noted that while Batam and Bintan have established industrial zones, commercial land in Batam is becoming scarce, creating an opportunity for Tanjungpinang. KADIN Tanjungpinang has already engaged with the Singaporean Consulate to facilitate connections with businesses in Singapore, and several Singaporean investors have expressed interest, particularly in the halal industry.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.