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Economy of Semarang


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The western part of the city is home to many industrial parks and factories. The port of Semarang is located on the north coast and it is the main shipping port for the province of Central Java. Many small manufacturers are located in Semarang, producing goods such as textiles, furniture, and processed foods. Large companies, such as Kubota and Coca-Cola, also have plants in Semarang or its outer towns.

Many major banks in Indonesia have large offices in Semarang. These include BCA, BNI, Panin Bank, HSBC, Permata, and Bank Mandiri. Most of these offices are located in the center of the city, especially around Jalan Pandanaran and Jalan Pemuda.

Hospitality is becoming increasingly important in Semarang. It is home to about a dozen upscale hotels that cater to business travelers and tourists, including Hotel Santika Premiere, Hotel Novotel, Hotel Horison Semarang, Hotel Ibis, Hotel Pandanaran, Hotel Ciputra Semarang, Crowne Hotel, Grand Candi Hotel, Quest Aston Semarang, Patra Jasa and Hotel Gumaya.

The majority of stores in Semarang are small, family-owned businesses. Home consumer spending is mostly split between traditional wet markets ("Pasar") for locally-sourced fresh produce (fish, meat, vegetables) and western-style malls and supermarkets for manufactured, finished products (dry goods). Pasar Johar, Pasar Gang Baru, Pasar Jatingaleh, and Pasar Jati are examples of traditional wet markets. Hypermart, ADA Swalayan, Giant, and now Carrefour are the larger supermarket/department store chains in Semarang. Carrefour, a French chain, opened its first store in Central Java at DP Mall in Semarang. The other two malls are Ciputra Mall and the Java Supermall. A fourth mall, Paragon, is the largest shopping center in Central Java Province
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