Two years of successful operation in the Kendal SEZ, PT Borine Technology Indonesia is steadily expanding its business

October 01, 2024

PT Borine Technology Indonesia, which was established in the Kendal Industrial Park since two years ago, has shown significant business growth in its operations. As an export-oriented home appliances manufacturing company, Borine has succeeded in achieving the highest monthly production capacity with more than 500,000 units of products such as blenders, air fryers, rice cookers, ovens and can openers. Currently, Borine has succeeded in exporting 20 container units per day, after previously only exporting 10 container units per day at the start of its operations.

 

With this achievement, Borine officially started construction of their factory expansion as a phase-2 development at the same location. The phase 2 construction area will be 40% larger than the first phase. This production expansion is carried out in order to meet the increasing demand for its products. By operating phases 1 and 2, total Borine production is planned to reach 2 million units per month.

 

The groundbreaking event for this expansion was also attended by various parties such as representatives of the Kendal Regency Government, Customs and Excise, DPMPTSP Kendal, Kendal SEZ Administrator, and representatives of the Kendal Special Economic Zone Management. At this event, Jankey Ren as General Manager of PT Borine Technology Indonesia was present to welcome the invited guests and give his speech.

 

Jankey talked about his success in carrying out the first phase and was confident of starting the second phase this year. In the first phase, Borine disbursed USD 700 million with 4000 workers being absorbed, of which 80% were workers from Kendal Regency. In phase 2, the plan is to have a large investment value and labor absorption figure that is more or less the same as phase 1.

 

“Of course, this success is thanks to the continuous hard work of various parties. We are one of the first companies to use the INSW customs application, namely PPKEK and PJKEK, as well as the Autogate System. "With this, we succeeded in winning the award for the Best Performance SEZ Entrepreneur Business Partner Category in 2024 by the Besma Award," said Jankey.

 

PT Borine Technology Indonesia is one of the business entities in Kendal Industrial Park which enjoys fiscal facilities in the form of a reduction in Corporate Income Tax, namely Tax Holiday. According to Juliani Kusumaningrum as Head of Sales and Marketing KIP, Borine is one of the pioneer business entities in KIP who has successfully received this facility. "After officially becoming a SEZ in 2019, we as management are certainly committed to providing assistance to all business entities to maximize the receipt of the facilities they obtain, especially fiscal facilities such as Tax Holiday and Tax Allowance. And we will of course ensure that Borine's new investment in this second phase can also enjoy maximum facilities."