PT Golden Elephant Advanced Business Holdings (GEABH) Joint Technology has further strengthened its commitment to the development of Indonesia’s chemical industry by acquiring an additional 20 hectares of industrial land in the Java Integrated Industrial and Ports Estate (JIIPE) Special Economic Zone (SEZ), Gresik, East Java.
The handover of this additional land complements the initial 20 hectares purchased and transferred in April 2025. With this expansion, Golden Elephant’s total land acquisition within JIIPE SEZ now reaches approximately 40 hectares. The additional area will be utilized for the continued development of integrated chemical production facilities, enhancing manufacturing capacity and strengthening the downstream industrial supply chain.
This strategic move reflects the growing confidence of Chinese investors in Indonesia’s investment climate, particularly within integrated industrial zones that offer deep-sea port connectivity, comprehensive infrastructure, and special economic zone incentives. JIIPE SEZ is recognized for providing a robust industrial ecosystem that supports operational efficiency, regulatory certainty, and long-term sustainability.
Golden Elephant’s expansion also sends a positive signal for the growth of Indonesia’s national chemical industry sector, further reinforcing the country’s position as a regional manufacturing hub. Supported by integrated port facilities and on-site energy infrastructure, the project is expected to generate employment opportunities, facilitate technology transfer, and increase domestic industrial value-added.
JIIPE management warmly welcomes this investment expansion as a tangible manifestation of the long-term strategic partnership between Indonesia and China in the manufacturing and chemical industry sectors.
The handover of this additional land complements the initial 20 hectares purchased and transferred in April 2025. With this expansion, Golden Elephant’s total land acquisition within JIIPE SEZ now reaches approximately 40 hectares. The additional area will be utilized for the continued development of integrated chemical production facilities, enhancing manufacturing capacity and strengthening the downstream industrial supply chain.
This strategic move reflects the growing confidence of Chinese investors in Indonesia’s investment climate, particularly within integrated industrial zones that offer deep-sea port connectivity, comprehensive infrastructure, and special economic zone incentives. JIIPE SEZ is recognized for providing a robust industrial ecosystem that supports operational efficiency, regulatory certainty, and long-term sustainability.
Golden Elephant’s expansion also sends a positive signal for the growth of Indonesia’s national chemical industry sector, further reinforcing the country’s position as a regional manufacturing hub. Supported by integrated port facilities and on-site energy infrastructure, the project is expected to generate employment opportunities, facilitate technology transfer, and increase domestic industrial value-added.
JIIPE management warmly welcomes this investment expansion as a tangible manifestation of the long-term strategic partnership between Indonesia and China in the manufacturing and chemical industry sectors.
