Bakrie and Cobod join hands for 3D construction printing in Indonesia

Focus on building and housing markets

The JV partners will establish a dedicated Indonesian joint venture company aimed at developing the 3D construction printing business (JV)

Leading 3D construction printing technology supplier Cobod International has entered into a joint venture agreement with PT Modula Sustainability Indonesia, a subsidiary of PT Bakrie & Brothers, to establish a joint venture aimed at developing a 3D construction printing business in Indonesia.

PT Bakrie is one of Indonesia’s foremost corporations and Bakrie & Brothers is the lead company of the Bakrie Group, an 80-year-old business group in Indonesia. The group controls and operates businesses in multiple industries. Modula Sustainability Indonesia is a subsidiary of BNBR, focusing on offering and providing solutions for housing backlog problems currently encountered by the country.

Teaming up with Cobod, the company is set to adopt the latest 3D construction printing (3DCP) technology and is ready to offer the Indonesian market a new and better solution for the housing constructions.

The agreement was signed in Jakarta by the CEO of Modula, Indra Ginting, and co-Founder & head of Asia-Pacific Cobod International, Simon Klint Bergh.

Director of PT Bakrie, Roy Hendrajanto M Sakti, said: “This agreement was made to forge the collaboration between Modula and Cobod to focus on developing business in the construction industry with 3DCP technology in Indonesia. Our joint-venture will carry out the role of sales, distribution, and market development in Indonesia, and all business activities to build up the 3DCP technology,”

While Cobod has realized significant sales of its 3D construction printers in North and South America, Europe, and Asia, it is yet to deliver a printer to Indonesia. Cobod’s printers have already been applied in multiple countries around the world. Cobod’s printers are also used in printing wind turbine towers and other industrial applications.

The new company will be called PT Modula Tiga Dimensi, which in English would be like ‘Modular 3D dimension company’, reflecting the focus on 3D construction printers and the modular build of COBOD’s printers.

Roy said: “New 3D print technology, especially that applied to building construction, is relatively new in the Indonesian market. Modula intends to become one of the pioneers and the leading provider of 3DCP technology in the country, especially in the building and housing construction segment”.

Simon Klint Bergh said: “We are proud to be partnering with the large Bakrie Group to bring our state-of-the-art 3DCP technology to Indonesia. This will help solidify our position as the leading 3DCP technology provider in the world. Together with the Bakrie Group, we will have great opportunities to grow, and to demonstrate to the Indonesian market how our technology can be applied to build faster, better, cheaper, and more environmentally-friendly.”

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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