Jakarta, 20 May 2021 – Minister of Investment/BKPM Chairman Bahlil Lahadalia together with Governor of Central Java Province Ganjar Pranowo attended the groundbreaking of Southeast Asia’s largest glass factory PT KCC Glass Indonesia in the Batang Integrated Industrial Estate (KIT), Central Java, Thursday (20/5). KCC Glass Corporation is a glass manufacturer from South Korea which will occupy an area of 49 hectares with investment value reaching around IDR 5 trillion. The factory is projected to become the largest glass company in Southeast Asia.
“This is a follow-up to a Memorandum of Understanding between the Ministry of Investment/BKPM and KCC Glass Corporation signed in November 2020 in Seoul, South Korea. Six months afterwards, finally today we are witnessing the company’s groundbreaking. We appreciate the contribution from all parties, KCC, the Ministry of SOEs, Ministry of Investment, Regent of Batang and KIT Batang who have helped this process. This shows an outstanding work of the team," said Minister Bahlil.
The factory construction process is planned to be completed in 2023 and start operating in 2024, and is projected to provide employment for 1,300 people.
Previously, KCC Glass Corporation had 2 (two) factories to produce glass, located in Yeoju and Jeonui, South Korea. According to the Ministry of Investment / BKPM, South Korea is in the 3rd place (three) countries of origin for investment realization in the first quarter of 2021 with a total investment value of USD 0.9 billion originating from 1,220 (one thousand two hundred and twenty) projects.