Surabaya Industrial Estate Rungkut

What Surabaya Industrial Estate Rungkut does

PT Surabaya Industrial Estate Rungkut (SIER) is an Indonesian industrial estate developer and operator headquartered in Surabaya, East Java, established in 1984 to develop and manage well-planned industrial areas. The company operates two zones—SIER and PIER (Pakuwon Industrial Estate Rungkut)—totaling approximately 1,012 hectares of occupied industrial land (330.4 Ha at SIER, 682 Ha at PIER), making it one of the larger industrial estates in East Java. SIER provides a vertically integrated property and infrastructure offering: industrial land leases, ready-to-use factory buildings (BPSP), small industrial units (SUIK), conventional warehouses, and office spaces (Wisma SIER), complemented by shared utilities including an on-site wastewater treatment plant (IPAL), clean water supply, transport and trading logistics, a warehouse management system, an on-site clinic (Poliklinik SIER), sports facilities, and a vaccination program.

The company's revenue mechanics derive primarily from long-term industrial land and building leases to manufacturing tenants, supplemented by utility tariffs and ancillary service fees. Go-to-market is direct enterprise sales: prospective tenants submit proposal requests via the corporate website or schedule property appointments, supported by VR/AR property tours and downloadable e-brochures. SIER serves a diversified multinational tenant base spanning heavy equipment (PT Trakindo Utama), FMCG (Unilever), automotive (Yamaha), food and beverage (Mondelez, Cargill, Campina), beverages (Coca-Cola Amatil), pharmaceuticals (Bayer), tobacco (HM Sampoerna), and palm oil (PT SMART Tbk), alongside an SME tier occupying the SUIK and BPSP units. Pricing is not publicly disclosed and there are no public funding rounds, M&A activity, or disclosed financials; the company maintains an Annual Report, Sustainability Report, and Financial Report section on its website suggesting internal disclosures exist but are not externally circulated.

Name

Surabaya Industrial Estate Rungkut

Legal name

PT Surabaya Industrial Estate Rungkut

Website

https://sier.id

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Surabaya Industrial Estate Rungkut (SIER) operates two industrial zones—SIER and PIER—in East Java, Indonesia, leasing industrial land, factory buildings, warehouses, and offices to manufacturing tenants while providing integrated utilities, logistics, and supporting facilities.

Ownership category

akta.pro rank

Product category

Industrial Estate Management

NAICS

Nonresidential Building Construction (2362), Utility System Construction (2371), Water Supply and Irrigation Systems (221310)

SIC

Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

akta.pro secondary industry

Energy Services (Retrofits/Commissioning/Testing & Balancing) (IMAIABAI)

Keywords

• Industrial estate management
• Industrial land leasing
• Factory building leasing
• Warehouse facilities services
• Industrial wastewater treatment

Headquarters

HQ city

Surabaya

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels1 record

Marketing channels3 records

Core offering

PT Surabaya Industrial Estate Rungkut (SIER) develops and manages large-scale industrial estates, leasing industrial land, ready-to-use factory buildings (BPSP), small industrial business facilities (SUIK), conventional warehouses, and office space to manufacturing tenants in the SIER and PIER zones of Surabaya, East Java. The company provides integrated infrastructure services including wastewater treatment, clean water supply, bonded logistics, warehouse management, and on-site amenities such as a clinic and sports facilities.

Product overview

PT Surabaya Industrial Estate Rungkut (SIER) operates as an industrial estate management company offering a comprehensive portfolio of property and facility services. The core offerings include industrial land parcels, ready-to-use factory buildings (BPSP), small business facilities (SUIK), conventional warehouses, and office spaces across SIER and PIER zones. Supporting infrastructure encompasses wastewater treatment plants, clean water supply, and integrated logistics services including transport, trading, and warehouse management systems. Additional amenities include an on-site clinic, sports facilities, and collaborative vaccination programs. SIER serves major multinational tenants including Unilever, Yamaha, Coca-Cola, and Sampoerna.

Differentiator

Problem solved

Functional benefit

Brands

• PIER: Industrial estate area managed by SIER
• SIER Transit Point
• SIER Clinic
• Wisma SIER
• IPAL

Products and services

• Tanah Industri (Industrial Land) Industrial land parcels available for lease within the SIER and PIER industrial zones in Surabaya, for manufacturing and industrial operations.
• Sarana Usaha Industri Kecil (SUIK) Small-scale industrial business facilities (SUIK) designed for small and medium enterprises operating within the SIER industrial estate.
• Bangunan Pabrik Siap Pakai (BPSP) Ready-to-use factory buildings available for lease to manufacturing companies in the SIER and PIER industrial zones.
• Pergudangan Konvensional (Industrial Warehouse) Conventional warehouse facilities for storage and logistics operations within the SIER industrial estate.
• Perkantoran (Office Space) Office spaces available for lease for businesses operating within or near the SIER industrial zone, including Wisma SIER.
• Pengolahan Limbah (Waste Water Treatment Plant / IPAL) Industrial wastewater treatment service operating within the SIER industrial estate to manage and process industrial effluents from tenant companies.
• Air Bersih (Clean Water) Clean water supply and distribution service for industrial and commercial tenants within the SIER estate.
• Transport Logistics Transportation services for goods and materials within and around the SIER industrial estate, including operation of the SIER Transit Point facility.
• Trading Logistics Trading and warehouse logistics services for tenants operating in the industrial zone, supporting bonded goods handling through the SIER Bonded Logistics Center.
• Sistem Manajemen Gudang (Warehouse Management System) Warehouse management system services for efficient inventory and logistics operations for SIER tenants.
• Poliklinik SIER (SIER Clinic) On-site medical clinic providing healthcare services for workers, employees, and tenants in the SIER industrial estate.
• Fasilitas Penunjang (Supporting Facilities) Supporting facilities including sports and recreational amenities for estate workers and tenants within the SIER industrial area.
• Vaksin Gotong Royong Collaborative vaccination program providing vaccination services for workers and communities within the SIER industrial estate area.
• Kontraktor Properti (Property Contractor) Property contracting services for construction, build-out, and facility development within the SIER industrial estate.

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Modernland Realty (industrial division): Large Indonesian property developer whose industrial estate operations compete with SIER. Offers adjacent real estate products (residential, commercial, industrial) and serves similar multinational tenants, but industrial is one segment within a diversified property portfolio.
• Mapletree Industrial Trust: Singapore-listed industrial REIT with a portfolio of industrial properties across Asia. Operates in a similar asset class (industrial real estate) with similar tenant profiles, though primarily as an investor/owner rather than an estate developer like SIER.
• ESR Group: Asia-Pacific logistics and industrial real estate platform operating across multiple Asian markets including Indonesia. Comparable as an industrial property owner/developer serving manufacturing and logistics tenants, though at significantly larger scale than SIER.
• CapitaLand Ascendas (Singapore): Singapore-listed industrial REIT and developer with operations across Asia including Indonesia. Overlapping business in industrial property development and leasing, though at a much larger scale and with a broader geographic footprint than SIER.

Emerging players

• Lippo E-Net (industrial estate arm) / PT Siloam Industrial Estate: Indonesian conglomerate-affiliated industrial property operations competing in the Indonesian industrial estate market. Compares to SIER as an alternative industrial park option for manufacturing tenants, though Lippo's industrial focus is less prominent than its commercial and healthcare businesses.

Direct peers

• PT Kawasan Industri Jababeka: One of Indonesia's largest publicly-listed industrial estate developers, operating a multi-thousand-hectare industrial park in Cikarang. Directly comparable to SIER as a major Indonesian industrial estate operator leasing land and factory buildings to multinational manufacturers.
• PT Suryacipta Swadaya: Operates the Suryacipta City of Industry in Karawang, West Java — one of Indonesia's leading industrial estates serving multinational manufacturers. Directly comparable business model (industrial land leasing, ready-built factories, infrastructure) competing with SIER for Indonesian manufacturing FDI.
• PT Bekasi Fajar Industrial Estate: Industrial estate developer in Bekasi, West Java, leasing land and factory buildings to manufacturing tenants. Same business model and target customers as SIER, competing in the same Greater Jakarta / West Java industrial corridor.
• PT Jakarta Industrial Estate Pulogadung (JIEP): State-affiliated industrial estate operator in East Jakarta serving a roster of multinational manufacturers. Comparable to SIER as a long-established Indonesian industrial estate with integrated utilities, logistics, and multi-sector tenants.
• PT Krakatau Industrial Estate Cilegon: Indonesian industrial estate operator in Cilegon, Banten — historically focused on steel and heavy industry. Directly comparable to SIER as a state-affiliated industrial estate developer providing land, factories, and utility infrastructure to manufacturing tenants.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sier_id
• Facebookfacebook.com/ptsier.id
• LinkedInlinkedin.com/company/ptsier

Revenue estimate

Valuation estimate

Number of profiles

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 Surabaya Industrial Estate Rungkut