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Jababeka Group

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PT Jababeka Tbk
Company typePublic company
IDX: KIJA
Industry
  • Real estate, commercial property, infrastructure, leisure, education
Founded1989
FoundersSetyono Djuandi Darmono, Hadi Rahardja (co-founder)
Headquarters
Cikarang
,
Indonesia
Key people
Setyono Djuandi Darmono
Products
  • Industrial Estate, Residential Estate, Central Business District, Dry Port, Golf & Country Club, Education Park
RevenueRp 2.930 billion (2016)
Rp 426,5 billion (2016)
Total assetsRp 10,733.5 billion (2016)
Number of employees
1,634 (2016)
Websitejababeka.com

PT Jababeka Tbk is the first publicly listed industrial estate developer in Indonesia,[1] being listed on the Jakarta and Surabaya Stock Exchange as IDX: KIJA 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 in Cikarang. 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

Jababeka's founder S.D. Darmono on Jababeka's 16th birthday

PT Jababeka Tbk was established in 1989. In the same year, the development of industrial estate took place in Cikarang, 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 Surabaya stock exchange, making it the first publicly listed industrial estate developer in Indonesia.[1] Then in 1996, there were acquisitions of Menara Batavia in Jakarta CBD and also 1,000 ha industrial land in Cilegon, Banten. 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 Cikarang 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 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, Banten. Next development was the Kendal Industrial Estate in Central Java 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, Cikarang, Bekasi, West Java 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.[2] 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,[3] 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, Cikarang, Bekasi, West Java 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 lays 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, Cikarang, Bekasi, West Java. 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.[4] 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.[4] Another infrastructure developed by Jababeka is the dry port called Cikarang Dry Port 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. 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 Kota Jababeka in Cikarang, Bekasi, West Java. 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, Mattel, Samsung, Unilever, United Tractors, Akzo Nobel and Nissin Mas.[5]

Jababeka's founder S.D. Darmono on Kendal Industrial Estate's opening ceremony

Besides Kota Jababeka in Cikarang, Jababeka continues working with keen regional governments in Indonesia to develop more cities. Ongoing projects are Kota Jababeka, Tanjung Lesung (Tanjung Lesung SEZ), Kendal (Kendal Industrial Estate), Morotai (Jababeka Morotai SEZ) and Cilegon. Potential cities to be developed are Bengkulu, Cirebon, Tuban/Madura, Banda Aceh, Medan, Sei Mangkei, Padang, Bintan, Bangka Belitung, Yogyakarta, Pontianak, Balikpapan, Tuban, Bitung, Palu, Takalar, Ende, Flores, Ambon, Sorong, Kaimana.

Management team

Board of commissioners

Board of directors

Subsidiaries

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[6]
  • Frontier Consulting Group Award – Rank #1 Corporate Image 2014 in category Industrial Estate [7]
  • Fortune Indonesia Magazine – Ranks 10th in the 50 Fastest Growing Companies, 2013
  • Kemenperin Award – The Best Performance in Infrastructure and Facilities, 2013 [8]
  • Forbes Indonesia – Best Company Award, 2012 [9]
  • Investor Magazine Award – Top 10 Best Performing Listed Companies and Best Listed Companies in Property and Building Construction, 2012[1]
  • PROPER Awards 2009 & 2011
  • Green Property Awards 2011 [10]
  • Green Property Award 2009 [11]
  • Indonesian CSR Award 2008 [12]
  • Participation and Support for Housing Development Award, 2008
  • Laboratory Examiner Award, 2008

References

  1. ^ a b c http://www.indonesia-investments.com/upload/bedrijfsprofiel/403/kawasan-industri-jababeka-kija-annual-tahun-2012-indonesia-investments.pdf
  2. ^ http://economy.okezone.com/amp/2017/03/07/470/1636068/bekasi-perluas-kawasan-industri-dan-hunian
  3. ^ http://bisnis.news.viva.co.id/news/read/897532-intip-jababeka-kawasan-industri-terbesar-se-asean
  4. ^ a b http://infrastructureasiaonline.com/business-investment/infrastructure-development-key-develop-industrial-area#
  5. ^ http://www.thejakartapost.com/academia/2016/08/10/industrial-estate-business-still-promising.html
  6. ^ http://www.thepresidentpost.com/2014/11/21/cikarang-dry-port-won-asia-logistics-centrepark-of-the-year-award/
  7. ^ http://imacaward.com/2014-survey-results/
  8. ^ http://www.kemenperin.go.id/artikel/7653/Penganugerahan-Kawasan-Industri-2013
  9. ^ http://www.thepresidentpost.com/2012/12/17/jababeka-one-of-forbes-indonesia%E2%80%99s-50-best/
  10. ^ http://bisniskeuangan.kompas.com/read/2011/11/11/10451443/inilah.empat.perumahan.peraih.gelar.properti.hijau
  11. ^ http://bola.kompas.com/read/2009/05/13/17305155/11.perumahan.raih.green.property.award.2009
  12. ^ http://www.antaranews.com/berita/133574/gerakan-csr-dicanangkan-secara-nasional
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