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Jumat, 04 Oktober 2024

Officially Operating in Batang, PT Wavin Manufacturing Indonesia Proves Indonesia as a Prime Destination for Global Investors

Batang, October 4, 2024 – Minister of Investment and Downstream Industry/Head of the Indonesia Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, attended the inauguration ceremony of PT Wavin Manufacturing Indonesia’s factory located in the Batang Integrated Industrial Estate (KITB), Central Java, on Thursday (3/10). This event marked the commencement of commercial production by PT Wavin Manufacturing Indonesia, the first European investment inaugurated at KITB.

In his remarks, Rosan expressed his appreciation to Wavin B.V., a Netherlands-based company and the parent of PT Wavin Manufacturing Indonesia, for its decision to invest in Indonesia. He highlighted the strategic importance of this investment in positioning Indonesia as a production base to reach markets across the Asia-Pacific and Australia.


“We are truly grateful that, after 35 years, Wavin has decided to establish its factory in Indonesia. For this reason, President Jokowi has been highly supportive since the groundbreaking ceremony two years ago, and today, Wavin has successfully completed its construction without any issues,” Rosan stated.


Rosan also emphasized that Wavin’s presence in Indonesia reflects the country’s appeal as an investment destination for global investors. He expressed hope that this investment would attract further interest, particularly from European investors, to invest in Indonesia, especially at KITB.


“Indonesia has a population of over 280 million people that will continue to grow, and this presents a tremendous opportunity if Wavin decides to expand its business in Indonesia in the future,” Rosan added.


Sameer Bharadwaj, CEO of Orbia, who was also present at the event, extended his gratitude to the Minister of Investment and his team for their support.


“I hope Wavin’s presence at KIT Batang will become a solution not only for sanitation and water distribution but also to assist communities facing infrastructure challenges. With the sustainable development we are initiating here, we also hope to create more job opportunities and prosperity for the surrounding communities,” said Bharadwaj.


The construction of PT Wavin Manufacturing Indonesia’s factory commenced on October 3, 2022, when President Joko Widodo officiated the groundbreaking ceremony. As of September 2024, the company has realized an investment of IDR 506 billion. The facility has a maximum production capacity of 25,200 tons of PVC pipes and fittings per year. 


For further information, please contact:

Ahmad Faisal Suralaga

Head of Communications and Information Services Bureau

Ministry of Investment and Downstream Industry/BKPM

E-mail: humas@bkpm.go.id

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