PT Indonesia Morowali Industrial Park (IMIP)

What PT Indonesia Morowali Industrial Park (IMIP) does

PT Indonesia Morowali Industrial Park (IMIP) is a privately-held Indonesian industrial estate operator that manages one of the world's largest integrated nickel-based industrial parks, located in Bahodopi, Morowali, Central Sulawesi, with a corporate office in Jakarta. Founded in 2014, IMIP operates three industrial clusters — Stainless Steel, Carbon Steel, and EV Battery — housing more than 50 tenant companies (including PT ITSS, PT QMB, PT DSI, PT HYNC, PT HCAI, PT IRNC, PT Qing Kota Metal, and PT Sesmo) and employing over 90,000 workers across the site. The park provides integrated shared infrastructure (captive multi-hundred-MW coal-fired power plants, solar PV installations, jetty, worker housing, an accredited on-site clinic, and a Central Kitchen) and serves as the flagship platform for Indonesia's 2020 raw nickel export ban policy, which catalyzed national nickel export value from $1 billion to $20 billion.

IMIP's core technology stack centers on RKEF (Rotary Kiln-Electric Furnace) nickel smelting and HPAL (High Pressure Acid Leach) processing, producing nickel intermediates (nickel pig iron, MHP), stainless steel (HRC, CRC), and EV battery materials (cells, packs, modules) that feed global supply chains including CATL (which supplies BYD, Tesla, and Volkswagen). Tenants deploy advanced industrial technologies including QKM's 380 MW supercritical boiler (38–45% thermal efficiency) and growing solar capacity (200 MWp PLTS at PT Sesmo, 65.89 MWp at PT DSI, 6 MWp planned at PT QMB).

IMIP's revenue model is built on long-term tenant leasing, utilities, port and facility services, and ancillary operations (Central Kitchen, training). Customers are split between two layers: (i) the 50+ industrial tenants operating within the park, and (ii) the downstream global buyers of nickel intermediates and stainless steel, notably CATL and the EV battery supply chain. The company is privately held with no disclosed equity structure and does not publish standalone revenue figures.

Name

PT Indonesia Morowali Industrial Park (IMIP)

Legal name

PT Indonesia Morowali Industrial Park

Website

https://imip.co.id

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PT Indonesia Morowali Industrial Park (IMIP) operates a large integrated nickel-based industrial estate in Morowali, Sulawesi, hosting 50+ tenants across stainless steel, carbon steel, and EV battery clusters with 90,000+ workers, supplying global battery and steel supply chains including CATL.

Ownership category

akta.pro rank

Product category

Nickel Industrial Park Management

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Other Warehousing and Storage (493190)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Microgrid & Local Distribution Operators (Campus/Base/Industrial Park DSOs) (EUADABAF)

akta.pro secondary industries

Inland Container Depots (ICD) / Inland Ports (TLALAJAB), Operations Control & Dispatch (Remote Operations Centers, Curtailment, Compliance) (EUAMAGAK)

Keywords

• Nickel processing
• Industrial estate operations
• Stainless steel production
• EV battery materials
• Nickel downstreaming

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D

Revenue model

1. Industrial Park Management and Tenant Leasing: IMIP manages an integrated industrial estate and generates revenue through leasing land, infrastructure, and facilities to operating tenant companies (50+ tenants across stainless steel, carbon steel, and EV battery clusters). Tenants include PT ITSS, PT QMB, PT DSI, PT HYNC, PT HCAI, PT IRNC, and others. Revenue is derived from long-term land leases, utilities (power, water), port/jetty fees, and facility services provided to tenant companies operating within the park.
2. Local Food Supply Chain (Central Kitchen): IMIP operates a Central Kitchen supplying food to its workforce. Local farmer groups (Kelompok Tani Berkah Mombula with 12 members supplying since 2023; Kelompok Tani Sukamaju with 23 members supplying since April 2025) serve as agricultural suppliers. Total supplier volume: 70.59 tonnes of horticultural commodities (chili, leafy vegetables, tomatoes). Revenue to local farmers reached Rp 485.47 million in 2025 (Kelompok Tani Berkah Mombula) and Rp 311.79 million (Kelompok Tani Sukamaju).
3. Nickel and Processed Mineral Product Export: The industrial park exports processed nickel products (stainless steel HRC/CRC, nickel pig iron, MHP, battery materials) to global markets. Indonesia's nickel export value grew from $1 billion to $20 billion following the 2020 raw nickel export ban. IMIP tenants produce ~60% of global nickel output and supply major EV battery makers including CATL (serving BYD, Tesla, Volkswagen).

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

PT Indonesia Morowali Industrial Park (IMIP) operates one of the world's largest integrated nickel-based industrial estates in Morowali, Central Sulawesi, Indonesia. The park hosts 50+ tenant companies across three industrial clusters — Stainless Steel, Carbon Steel, and EV Battery — providing shared captive infrastructure including coal and solar power generation, a deep-water jetty, worker housing, and an accredited on-site healthcare clinic for 90,000+ employees. Revenue is generated primarily through long-term land leases, utilities, port fees, and facility services to manufacturers producing nickel intermediates, stainless steel HRC/CRC, MHP, and EV battery materials for global supply chains.

Product overview

PT Indonesia Morowali Industrial Park (IMIP) operates as an integrated industrial park management company rather than a software product company. IMIP manages a large-scale nickel-based industrial complex comprising three main clusters (Stainless Steel, Carbon Steel, and EV Battery) with over 50 tenant companies and 90,000+ employees. The park provides integrated infrastructure including jetty, power plants, healthcare facilities (Klinik IMIP), and worker housing. Supporting services include a Central Kitchen supplying food to tenants, the Politeknik Industri Logam Morowali vocational school, scholarship programs, and community literacy centers. The portfolio is focused on physical industrial operations and downstream mineral processing rather than software products.

Differentiator

Problem solved

Functional benefit

Brands

• Rumah Literasi Sidaya: IMIP's literacy and education program for children in Bahodopi, providing non-formal education including foreign languages (Mandarin and English) and arts classes.
• Beasiswa Hilirisasi IMIP
• Healthy Community Initiative
• Cultivating Self-Reliance: Community-Based Horticulture in Le-Le Village

Products and services

• Indonesia Morowali Industrial Park (IMIP) — Integrated Nickel Industrial Estate An integrated industrial park management service in Morowali, Central Sulawesi, comprising 3 industry clusters (Stainless Steel, Carbon Steel, EV Battery), 50+ tenant companies, and supporting captive infrastructure including a jetty, power plants, healthcare facilities, and worker housing for 90,000+ employees. Sold to industrial manufacturers under long-term land, utility, and facility service agreements.
• Stainless Steel Cluster Industrial cluster within IMIP dedicated to stainless steel production. Tenants process nickel ore into finished stainless steel products including Hot Rolled Coil (HRC) and Cold Rolled Coil (CRC) for global stainless steel buyers.
• Carbon Steel Cluster Industrial cluster within IMIP focused on carbon steel production and processing operations, supporting the broader Indonesian steel industry supply chain.
• EV Battery Cluster Industrial cluster within IMIP dedicated to nickel processing for EV battery production. Tenants perform HPAL (High Pressure Acid Leach) and RKEF (Rotary Kiln-Electric Furnace) processing to produce MHP (Mixed Hydroxide Precipitate), battery cells, battery packs, and modules for global EV battery makers including CATL.

Quantifiable outcome

• Indonesia's nickel export value grew from $1 billion to $20 billion following the 2020 raw nickel export ban, which IMIP's downstream processing model directly enables.
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered minor, flagship and core.

• Zimbabwe Investment Development Agency (ZIDA)minorStrategic or Co-development Partner · 1 June 2026ZIDA conducted a 5-day study visit (June 8–12, 2026) to IMIP to learn about integrated industrial zone development, steel downstreaming, park governance, supply chain integration, investment facilitation, and logistics systems. ZIDA aimed to adapt IMIP's model for Zimbabwe's own industrial development. IMIP was recognized as a benchmark for China's investment-Indonesia cooperation in the nickel sector.
• United Nations Industrial Development Organization (UNIDO)flagshipStrategic or Co-development Partner · 1 January 2026IMIP signed a cooperation agreement with UNIDO in January 2026 covering four key areas (2026–2029): accelerating eco-industrial park development, green mineral supply chain management, community development, and workforce skills enhancement. UNIDO will guide IMIP to adopt UN standards for environmental management, community engagement, and sustainable industrial practices across its nickel value chain. This builds on UNIDO's Global Eco-Industrial Parks Programme (GEIPP) experience in Indonesia since 2020.
• Papua New Guinea — Government of (Kementerian Koordinator Bidang Kemaritiman dan Investasi / Marves)minorStrategic or Co-development Partner · 1 November 2023Indonesia's Ambassador to PNG and representatives from Marves facilitated a visit by PNG's Ambassador H.E. Simon Namis to IMIP. PNG sought to learn from IMIP's nickel downstream industrialization model as a reference for developing its own mining sector. Indonesia's government encouraged increased cooperation between the two countries in mining downstreaming.
• 23 Indonesian Universities (Partner Educational Institutions)coreStrategic or Co-development PartnerIMIP has established scholarship and educational partnerships with 23 universities across Indonesia including Politeknik Industri Logam Morowali (PILM), ITB, UGM, IPB, UI, ITS, UNHAS, UNDIP, UNM, UNPAD, UNHAS, UGM, and others. The Beasiswa Hilirisasi IMIP program (with three types: Hilirisasi, Politeknik, and Sinergi scholarships) supports human resource development for Indonesia's downstream industrialization. IMIP also supports Politeknik Industri Logam Morowali as a training ground for local workers.
• PT Sumber Energi Surya Morowali (Sesmo)coreTechnology or IntegrationPT Sesmo, a tenant within IMIP, is developing a 200 MWp Solar Power Plant (PLTS) with 80 MWh battery storage on 224 hectares. This renewable energy project supports IMIP's transition toward lower-carbon operations and is among the largest solar installations in an Indonesian industrial estate.
• PT Qing Kota Metal (QKM)coreTechnology or IntegrationPT Qing Kota Metal (QKM), an IMIP tenant, operates a 380 MW Supercritical Boiler power plant (PLTU) that achieves 38–45% thermal efficiency (vs. 33–39% for subcritical plants). The plant is equipped with FGD, ESP, and Bag House Filter systems. QKM's power output supports IMIP's electricity needs while its advanced emission control technology serves as a model for cleaner coal use within the park.
• PT QMB New Energy MaterialscoreTechnology or IntegrationPT QMB New Energy Materials is an IMIP tenant specializing in HPAL (High Pressure Acid Leach) processing of nickel ore into battery-grade materials for the EV supply chain. QMB is also developing a 6 MWp solar plant and was affected by the March 2025 landslide that caused significant production disruptions. QMB processes nickel into battery cells, battery packs, modules, and renewable energy battery packages.
• Yayasan Cinta Peduli Sesama (Yacinta)minorStrategic or Co-development PartnerThrough its CSR program, IMIP (along with PT ITSS) donated 3 ambulance units to Yacinta Foundation in Jakarta to support integrated healthcare services. This reflects IMIP's community health outreach beyond the Morowali area.
• Zhejiang Huayou (Huafei Cobalt-Nickel Project)coreTechnology or IntegrationZhejiang Huayou's Huafei Cobalt-Nickel Project is one of the major HPAL processing facilities in Indonesia's nickel-cobalt supply chain. It is a key driver of Indonesia's 42.6% year-on-year cobalt production increase to 49,300 tonnes in 2025, with operations contributing to production growth projected at 21.2% in 2026 through new project launches.
• Ningbo Lygend Mining (PT Halmahera Persada Lygend)coreTechnology or IntegrationNingbo Lygend Mining's PT Halmahera Persada Lygend Project is a major cobalt-nickel HPAL processing operation driving Indonesia's production growth. It was a primary contributor to the 42.6% year-on-year increase in Indonesia's cobalt output to 49,300 tonnes in 2025. New project launches at Morowali (IMIP) are projected to support 21.2% output growth in 2026.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Indonesia Weda Bay Industrial Park (IWIP): IWIP is the closest direct peer to IMIP: an integrated nickel-cobalt industrial park in Halmahera, Indonesia, operated with Chinese (Tsingshan/IMIP-adjacent) and Indonesian partners, hosting stainless steel and HPAL nickel processing tenants. It employs a near-identical model of captive power, port, and tenant leasing for nickel downstreaming, competing for the same Chinese and global EV-buyer tenants.
• PT Vale Indonesia: PT Vale operates large-scale nickel mining and matte processing in Sorowako, Sulawesi, Indonesia, supplying nickel intermediates to global stainless steel and battery materials markets. It is the most established Indonesian nickel producer and a comparable counterpart to IMIP's mining-to-processing tenants, though Vale focuses on laterite mining rather than integrated park management.
• Huayou Cobalt: Huayou is a major Chinese cobalt and nickel processor with significant Indonesian HPAL capacity (Huafei Cobalt-Nickel Project), directly contributing to Indonesia's 42.6% YoY cobalt production growth in 2025. It is both a partner to IMIP tenants and an emerging competitor for nickel-cobalt intermediate supply to the global EV battery chain.

Broad incumbents

• Tsingshan Holding Group: Tsingshan is the largest stainless-steel producer globally and the anchor Chinese investor behind multiple Indonesian nickel industrial parks including IMIP. While Tsingshan is a stainless steel producer rather than a park operator, its vertically integrated nickel-to-stainless-steel model directly overlaps with IMIP's Stainless Steel and Carbon Steel clusters and many of the same downstream customers.
• Nickel Asia Corporation: Nickel Asia is the largest Philippine nickel producer, exporting laterite ore and limonite to Japanese and Chinese processing customers. While not an industrial park operator, it is a comparable Southeast Asian nickel producer that competes with Indonesian (and IMIP-served) downstream nickel volumes for global offtake.
• Eramet: Eramet is a French mining and metallurgical group with major nickel operations in New Caledonia (SLN) and Indonesia (Weda Bay project with Tsingshan). It is a comparable global nickel incumbent whose Indonesian Weda Bay activities overlap with IMIP's nickel downstreaming footprint and competes for EV-battery offtake.
• POSCO Holdings: POSCO is a Korean steelmaker investing in nickel processing and battery materials (including the POSCO Indonesia nickel project). It overlaps with IMIP's stainless/carbon steel and EV battery clusters, and competes for nickel intermediate supply and cathode precursor markets serving Asian battery makers.
• BHP Nickel West: BHP operates nickel mining and processing assets in Western Australia producing nickel sulfide concentrates for the global battery materials market. While geographically and operationally distinct, BHP is a comparable global nickel incumbent competing for the same EV battery OEM offtake contracts that IMIP tenants serve.
• Sumitomo Metal Mining: Sumitomo Metal Mining produces nickel and cathode precursor materials in Japan and Indonesia (nickel matte and HPAL via joint ventures). It is a comparable Asian nickel-to-cathode incumbent and a competitor for high-purity battery-grade nickel offtake into Japanese and global EV supply chains served by IMIP.

Emerging players

• GEM Co. GEM is a Chinese battery materials recycler and nickel-cobalt processor that has invested in Indonesian HPAL capacity and supplies cathode precursors to global battery makers. It competes with IMIP tenants for nickel intermediate volumes and represents the broader Chinese battery-materials ecosystem in which IMIP operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/officialimip

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Indonesia Morowali Industrial Park (IMIP)