Cikande, August 30, 2018 – ModernCikande Industrial Estate (MCIE), developed by PT Modern Industrial Estat, a subsidiary of PT Modernland Realty Tbk., continues to establish itself as one of Indonesia’s leading industrial estates.

This is reflected in the rapid development of facilities supporting tenant business activities, attracting both domestic and international investors.

The estate is actively expanding its reach to international markets, including China, Taiwan, and South Korea.

It also holds significant potential to develop Indonesia’s first fully integrated halal industrial zone, where all activities comply with international halal standards from upstream to downstream.

Indonesia’s position as the world’s largest halal food consumer market, valued at USD197 billion, along with its large Muslim population and growing middle class, provides strong demand for halal products.

The global halal lifestyle trend is also increasing, with the halal market projected to reach USD3.7 trillion.

To capitalize on this opportunity, the Company is developing Modern Halal Valley, a 500-hectare integrated halal industrial cluster.

The development includes halal supply chain infrastructure, factory buildings, industrial land, and logistics facilities.

“We aim to support Indonesia’s vision of building a comprehensive halal ecosystem,” said Pascall Wilson.

The area is designed to meet the highest standards in halal compliance, food safety, and environmental sustainability, while providing full support for production, domestic distribution, and international export.

It also offers one-stop service facilities to assist investors with licensing and investment processes.

Modern Halal Valley supports SMEs by providing scalable production facilities and aims to become a global hub for halal industry activities.

The initial development phase focuses on a 50-hectare international halal logistics zone, including distribution centers and cold storage.

Andika Hazrumy expressed support for the project, highlighting its potential to become a major halal industrial hub in Asia.

Yusuf Mansur also emphasized the importance of halal industry development in strengthening Indonesia’s global competitiveness.

Currently, approximately 40% of the 3,175-hectare estate has been developed, with over 200 companies already operating across various sectors.

Strategically located in Cikande, Banten, the estate offers excellent connectivity to major ports, airports, and toll roads, making it highly attractive for industrial investment.