Issuance of the First Bonded Zone Facility Permit in 2025
January 20, 2025
PT Blue Ocean Foods Indonesia (BOFI) in Banyuwangi has successfully released sardine product exports to Malabo, Equatorial Guinea on April 30, 2025, with a value of more than USD 210 thousand or around IDR 3.6 billion. The export release was launched by the Marketing Director of PT BOFI, the Operational Director, the Head of Customs Excise office East Java Regional, as well as various representatives and community leaders.
Currently, PT BOFI routinely exports between 20-25 containers every month and plans to increase production capacity. The target is to process 100 tons of fish raw materials per day in June. Since January 2025, PT BOFI has officially had the status of a bonded zone, which provides incentives such as VAT suspension and import duty exemption. This was said by Anang Kurniawan, who said that this status greatly helps the company in reducing production costs.
Head of Customs Excise office East Java Regional, Agus Sudarmadi, explained that bonded zones help companies to compete better in the production of export goods with the facilities and conveniences provided. He expects a positive impact from the existence of this bonded zone, including increased absorption of labor and potential new taxes from related economic activities.
PT BOFI is located in Kedungrejo Village, Muncar District, Banyuwangi, and one of the fish canning companies in the area that has bonded zone status.
