June 26, 2021
Baoshen
Science & Applied Technologies Co., Ltd (BSN) is a leading Chinese company
that produces packaging materials for garment products (shoes, clothes, and
bags), furniture products, cosmetics, and so on. Since its establishment in
1988, BSN has succeeded in becoming a “smart packaging” industry by
establishing a Technology Center for RFID-based label design and production. So
far BSN has owned several factories in Asia,
its main factory is located
in Guangzhou. The two other factories are in North and South Vietnam. BSN also has branch
offices in America, Spain, Netherlands and Germany. Recently, BSN decides
to expand their business in Indonesia, precisely in Kendal
Industrial Park (KIP) under the name of PT BSN
Technologies Indonesia (BTI) with an area of about 3.2 hectares and an
investment value of USD 10 million.
On
Saturday, June 26, 2021, PT BTI conducted a ceremony to celebrate the
inauguration of their first investment in Indonesia. The event was held at
their project location in KIP by implementing
health protocols of covid-19. The event was attended
by representatives from PT BTI, PT China State Construction as the main
contractor company, and representatives from the Kendal Industrial Park.
Miao
Renxiao as the Director of PT BTI in his speech conveyed the plans and high
hopes for the factory construction "For us, efficiency is very important in the process
of building this factory. We have a tight schedule, so we hope that the
construction process of this factory can run smoothly". Miao also revealed the
reason for PT BTI to choose Indonesia and KIP as their expansion
locations “We chose KIP as our new factory
location because of its strategic location, competitive wages, and the
facilities offered by KIP as a Special Economic Zone such as tax incentives.” Since this is the first time they invest in Indonesia,
Miao also state “the more important of all is the exceptional support from the
KIP as the industrial park developer.” According
to Miao, when compared to when they invest in Vietnam, they find it easier to invest
in Indonesia. Moreover, they are very much supported and assisted in the
process by the industrial estate developer (KIP).
The construction of the factory will start from August 2021 and it
is estimated that PT BTI can officially operate in June 2022. In the future,
when it is fully operational, it is expected to absorb approximately 300
workers.
The
presence of PT BTI packaging factory in Kendal Special Economic Zone can
also be seen as a trend where supporting industries are now starting to follow
the lead of the main industries such as garments, apparel, shoes and so on
which have already expanded to the Central Java region. Stanley Ang as the President Director of KIP also welcomed the presence of PT BTI "We are very happy
and proud to welcome PT BTI, the leading packaging
company into our industrial park. We hope that with BTI we can complete the
industry ecosystem in KIP as well as promote the economic growth Central
Java.”
For further information about Kendal Industrial Park,
please contact Juliani Kusumaningrum (Head of Sales & Marketing) at +62
82266050051 or Juliani.kusumaningrum@kik.co.id.