Chinese medical company invests in Indonesian factory

PT Kawasan Industri Nusantara (PT KINRA), a subsidiary of PTPN III, has signed an investment agreement for the glove and medical device industry from China at the Sei Mangkei Special Economic Zone in North Sumatra, a US$297 million (Rp4-5 trillion) investment that will focus on medical device industry development and glove production. .This is a follow up to PTPN III President's visit to China in January 2025, and the cooperation aims to accelerate the development of Indonesia's health industry, create jobs, and increase the competitiveness of the domestic medical equipment and health supplies industry.Sei Mangkei Special Economic Zone is one of the strategic industrial zones that offer various incentives and facilities to support the investment. The development of the medical device and glove industry is expected to increase the region's investment attractiveness and strengthen Indonesia's health industry ecosystem.Director General of PT KINRA welcomed the investment as not only a boost to the country's economy, but also a contribution to the health sector.PTPN III is committed to enhancing Indonesia's competitiveness in the international market through the investment, in line with the government's commitment to make Sei Mangkei an export-oriented, high-tech and high-tech industrial zone. consistent with the government's vision to make Sei Mangkei an export-oriented, high-tech industrial growth center.