PT Griya Tirta Asri (GTA), a subsidiary of PT Barito Pacific Tbk, developed a 50 hectare industrial area in the west corridor of Jakarta. This development is to answer the imbalance in the growth of industrial estates centered in the eastern corridor.
Regarding the development of the project, GTA collaborated with property consultant Colliers International as a marketing consultant. The area called Griya Idola Industrial Park (GIIP) is located in Bitung, Tangerang Regency, Banten. "The area developed is 50 hectares," said Colliers International Rivan Munansa Senior Associate Director / Industrial Services, in Jakarta, last week.
So far, said Rivan, the development of industrial estates tends to move to the eastern corridor of Jakarta, such as Cikarang. Industrial estates are concentrated in the eastern corridor because industrial communities, especially those based in Japan, are in this region. Industrial sectors such as automotive, consumer goods, etc., are widely developed in this corridor. The massive growth of industrial estates in the eastern corridor is also influenced by the high demand (demand).
"But from my analysis, in the western region it has started to develop. Toll access is also getting better," said Rivan. Jakarta’s western corridor, continued Rivan, has the potential to grow as an industrial area. Moreover, currently it is not easy to find industrial estates in Jakarta that are purely industrial estates. "Well, the opportunity is captured," he said.
GIIP Bitung conducted groundbreaking in early April. The developer targets this area to be operational by the end of this year. For the first phase, a multi-use warehouse will be developed for 20 units. In addition, a 30-hectare plot of land will be offered to anker tenants. "The concept of the area is unique. In the middle of the industrial area there is a lake or restaurant," Rivan explained.
This industrial area will target a variety of industrial sectors. In particular, the industrial sector that develops in the western corridor is the container, chemical, consumer goods, and other sectors. However, Rivan admitted that the western corridor had not targeted the automotive sector because there were more supporting industries in the eastern corridor.
"In the west corridor there are also many residential developments. Maybe there will be a lot of material supply industries," Rivan said. Previously, International Associate Director / Research Collier Ferry Salanto said that market absorption in industrial estates, said Ferry, was controlled by the consumer goods sector at 35.45 percent, followed by food & beverage at 17.22 percent.