Krakatau Sarana Properti sets sights on land outside Cilegon

Krakatau Sarana Properti sets sights on land outside Cilegon

President director of Krakatau Sarana Properti, Ridi Djajakusuma. (ANTARA/HO-Krakatau Sarana Properti)

Jakarta (ANTARA) - Krakatau Sarana Properti (KSP), a subsidiary of state-owned enterprise PT Krakatau Steel, has said it plans to purchase land outside the industrial area of Cilegon, Banten, in order to improve its performance.

"The big dream is land banking and as an industrial estate manager, we plan to take land outside Cilegon; for example, we can participate in the Batang industrial land, buy land in Subang and others," KSP President Director Ridi Djajakusuma said in a statement released in Jakarta on Wednesday.

According to Djajakusuma, one business prospect that has good potential is warehousing as the level of occupancy in warehouses is always stable during a pandemic.

For this reason, the company will try to explore entering the warehousing business outside Cilegon, he informed.

"In the future, we are not only waiting to bring in foreign investors, but how can we independently support every line of business with various innovations," Djajakusuma remarked.

Krakatau Sarana Properti, which focuses on property infrastructure facilities, has very diverse assets in the Krakatau Industrial Estate Clusters 1, 2, and 3, which cover an industrial area of 550 hectares, he said.

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The company is also in charge of businesses in the industrial property line, providing industrial plots and warehousing, commercial property lines through the Hotel & Golf brands such as the Royale Krakatau, the Surosowan Restaurant, and Krakatau Water World, and residential lines through the Pejaten Mas Estate and Bumi Rakata Asri, he added.

"Of course, I want KSP to change and have to do something different in a positive way because differences will be more appreciated," Djajakusuma said.

He encouraged employees to prioritize the spirit of collective work.

With approximately 600 employees, all employees need to strive to realize the company's vision and mission, he remarked.

"If it is related to the current pandemic period, there must be a significant impact that is also felt by other BUMN companies and also their subsidiaries. But (we must focus on) how can we find solutions and adapt to the current situation," he said.

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