We are collaborating in the development of an industrial park together with local corporate partners, where we are undertaking construction under contract and operating a rental factory business, and our activities have been positively appraised by many Japanese companies. The Company has also been building its logistics warehouse development business from 2016 as it intends to meet demand on account of Japanese companies with a local presence and growing domestic demand from within Indonesia.
Starting in 2018, we have been developing a new township on a site of about 120,000m², including roughly 5,000 home units. This community will be adjacent to the site of a new LRT (light rail transit) station that is planned to open in 2019.