According to Chinadaily (chinadaily.com.cn) updated on 21st, June,CFLD International is the international arm of CFLD, which has a strong track record of NIC development and operation.
CFLD International, the international arm of China Fortune Land Development and an end-to-end master planner, creator and operator of full-scale New Industry Cities, marked its continued progress in Asia with a ground-breaking ceremony on June 20 for the tenants of its Karawang New Industry City (KNIC) project in Indonesia.
Strategically located 47 kilometers east of Jakarta, in the heart of the Jakarta-Bandung economic corridor, the 205-hectare KNIC features world-class infrastructure, digital connectivity, facilities and amenities specifically designed for food, automobile and motorcycles, consumer electronics, and building materials industries. It also houses innovation parks for small and medium enterprises (SMEs).
The ceremony was graced by more than 200 guests, partners, tenants and officials, including Indonesia's Minister of Industry Airlangga Hartarto; Governor of West Java Ridwan Kamil; Minister-Counselor of the Economic and Commercial Counselor's Office of the Embassy of China in Indonesia Wang Liping; Chairman of Commission 6of the People's Representative Council, Indonesia Dito Ganinduto; Deputy Chairman of the Indonesia Investment Coordinating Board Wisnu Wijaya Soedibjo; and Regent of Karawang Regency Cellica Nurrachadiana.
More than $100 million of investment has already been committed from a strong suite of regional and international tenants and partners. This includes PT Wook Global Technology, PT Ikimura Indotools Centre, PT Ruiyuan Karawang Industrial Innovation and Development, PT Wonderful Food International, PT Brightgene Biomedical Indonesia, PT Binamitra Kwartasedaya, Zhengjia Henglin Co Ltd, PT Sandin Heavy Equipment, and Dongguan JiaYaoXing Packing Products Co Ltd. About 4,000 local jobs are expected to be created from this tranche alone.
KNIC aligns with the local government's commitment to economic and social progress. When fully completed, the project in its entirety is expected to create 40,000 new jobs locally, while contributing $12 million in local taxes per year to Indonesia.