PT Karawang Outlet Mall, the owner of The Grand Outlet - East Jakarta, signed a memorandum of understanding with PT Mitra Adiperkasa Tbk for a commitment to lease retail space at the world-class international luxury shopping destination outlet, located in Karawang. With this memorandum of understanding, PT Mitra Adiperkasa Tbk will expand its retail marketing network with up to 40 of its stable of global brands under its care including Starbucks, Lacoste, Tommy Hilfiger, Calvin Klein, Sephora, Sports Station, Skechers, Golf House, New Balance, Lego, and Kidz Station. Upon completion, The Grand Outlet - East Jakarta will feature approximately 180 stores with a wide variety of retail and restaurant offerings.

The Grand Outlet - East Jakarta is well positioned to cater to a growing class of consumers from Indonesia's strong demographics. Indonesia is potentially the large economy in Southeast Asia with a gross domestic product (GDP) of approximately USD 1,186 trillion in 2021 (World Bank data1). The retail sector contributes around 13% of the GDP.

In terms of location, The Grand Outlet - East Jakarta is strategically located. The outlet mall can be reached within an hour's drive from Central Jakarta. The transportation network to Karawang will be even better with the construction of Indonesia's first High-Speed Rail connecting Jakarta to Bandung.

Karawang Station, one of the first phase's stops, is only about 3 - 4 km away from The Grand Outlet - East Jakarta.