# SMIS Corp to buy land in West Java for factory expansion

SMIS Corp Bhd is acquiring a 16,186 sq m parcel of land in Kawasan Industri Terpadu Indonesia China, West Java, for 36.5 billion rupiah (RM11.94 million) to construct factories for manufacturing original equipment and auto carpet parts.

- Type: Investment
- Announced: 2017-04-28
- Where: Kawasan Industri Terpadu Indonesia China, West Java, Indonesia
- Value: $2.74M (36.5B IDR)
- Status: announced
- Products: original equipment parts, auto carpet parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SMIS Corp](https://endata.com/companies/23919.md)
- [PT Grand Ventures Hartamas](https://endata.com/companies/23920.md)
- [PT Kawasan Industri Terpadu Indonesia China](https://endata.com/companies/23921.md) (supplier)

## Sources

- [klsescreener.com](https://www.klsescreener.com/v2/news/view/226469/SMIS_to_buy_West_Java_factory_land_for_its_expansion_into_Indonesia), 2017-04-28: "The group has decided to own the land and factory as opposed to rental"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.