Barito Pacific Enters Industrial Estate Business

KOMPAS.com - PT Griya Tirta Asri succeeded in attracting new buyers to fill its industrial area, Griya Idola Industrial Park (GIIP). This buyer is a sanitary company, Roca Indonesia, based in Spain. They occupied the industrial estate located in Bitung, Tangerang Regency, Banten, covering an area of ​​7 hectares. GIIP was developed by PT Griya Tirta Asri which is a subsidiary of PT Barito Pacific Tbk. The total land area is 50 hectares.

According to Senior Associate Director of Colliers International Indonesia's Industrial Services, Rivan Munansa, since it was built on March 24, 2015, the price of GIIP land has gone up 18 percent. "At present the price of land in GIIP is in the position of Rp2,750 million per square meter," Rivan said to Kompas.com, Tuesday (4/10/2016). Different from other industrial estates, GIIP not only contains industrial plots, but is also equipped with a variety of functions that support industrial needs. GIIP also integrates industrial land with multipurpose warehouses, service centers, offices, workshops, shop houses, and retail spaces as supporting facilities. "There are also clean water and wastewater treatment facilities there," Rivan added.