PT Rubycon Indonesia, a key player in the capacitor manufacturing industry, announces plans for business expansion in Batam, with strong backing from BP Batam.
PT Rubycon Indonesia, operating in Batamindo and Panbil Industrial Zones, is set to expand its operations in Batam City. This move aligns with the city’s economic growth trajectory and reflects Rubycon’s long-standing investment in the region.
President Director of Rubycon Corporation, Hiroaki Akahane, expresses gratitude towards BP Batam’s Head, Muhammad Rudi, for ongoing support in licensing and operations, essential for the company’s 29-year presence in Batam.
BP Batam’s Head, Muhammad Rudi, reinforces the organization’s commitment to facilitating and supporting both new and existing investments, emphasizing their role in driving Batam’s economic development.
From its initial establishment with one building in 1994, PT Rubycon Indonesia has significantly expanded its footprint in Batam, now boasting nine buildings, showcasing substantial growth over the years.
The planned expansion of PT Rubycon Indonesia is set to positively impact the local job market, contributing to Batam City’s employment landscape and overall economic health.
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BP Batam pledges comprehensive support for Rubycon’s expansion, including providing necessary land and resources, affirming its role in nurturing a conducive investment climate in Batam.
PT Rubycon Indonesia’s expansion in Batam City signifies a robust industrial growth and investment climate in the region, offering positive implications for local employment and economic development. This expansion is likely to draw attention from Singaporean and international entities considering investment opportunities in Batam.
PT Rubycon Indonesia, a significant player in the capacitor manufacturing industry, is set for an expansion in Batam City, backed by BP Batam. This move highlights the city’s growing industrial sector and its appeal to foreign investors, promising enhanced job opportunities and economic progress in the region.
Source: Batam News, Metro Batam (2023)
