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| Located in the Karimun Islands 40km southwest of Singapore, Karimun Marine and Industrial Complex is an integrated industrial facility for marine and engineering activities. It occupies approximately 150 hectares of coastal land and is especially suited to businesses from the sectors of ship repair and shipbuilding, engineering and fabrication works, and maritime and logistics activities. Developed by PT Karimun Indojaya Cakrawala (PT KIC), this is a joint venture between PT Piranti Tatakreasi (60%) and Karimun Investment Holdings Ltd (40%), the vehicle with which Sembcorp Industrial Parks owns 75%. |
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Special Features |
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Proximity to Singapore and off-shore petrochemical complexes off Singapore |
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Leverages on Singapore’s excellent infrastructure |
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Offers abundant land resources and competitive operating costs |
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Natural deep waters which allow for very large crude carrier (VLCC) berthing |
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100% foreign ownership allowed |
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Framework Agreement between Indonesia and Singapore on Economic Cooperation to develop Special Economic Zones in Bintan, Batam and Karimun (June 2006) |
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Free Trade Zone (August 2007) |
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