Jakarta –
The Investment Management Institute (LPI) or the Indonesia Investment Authority (INA) together with Dubai Ports World (DP World Dubai) have agreed to develop Indonesian seaports. The investment value in this cooperation reaches US$ 7.5 billion or Rp. 106.5 trillion (exchange rate of Rp. 14,200) for the long term.
The collaboration was facilitated by the Embassy of the Republic of Indonesia (KBRI) Abu Dhabi which was carried out on October 31, 2021 at the Indonesia Pavilion, Dubai Expo 2020. This is expected to improve the quality of port operations, reduce logistics costs and advance Indonesia’s competitiveness.
“Indonesia’s maritime and port sectors are key to supporting trade and consumption across the archipelago. This collaboration with DP World will allow us to solve problems of high logistics costs and port inefficiencies,” said INA’s Board of Directors Chairman, Ridha Wirakusumah in a written statement. quoted detik.com, Monday (1/11/2021).
In the future, DP World will bring world-class technology for the development of new terminals and other port assets in Indonesia so as to create efficiencies and increase inter-island and international traffic.
DP World and INA will form a consortium and work team by exploring cooperation with PT Pelabuhan Indonesia (Persero) to explore investment opportunities in various Indonesian ports.
Investment opportunities include hinterlands, domestic terminals, cargo fields, network systems, transportation to and from ports, to industrial zones.
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