Indonesia's Pelindo Supports BUMN Logistics Consolidation to Cut National Costs

PT Pelabuhan Indonesia (Persero), or Pelindo, is backing the consolidation of state-owned enterprises (BUMN) in the logistics sector as a strategic move to bolster the national supply chain, lower logistics costs, and boost Indonesia's economic competitiveness. This initiative involves integrating various logistics BUMN entities through their subsidiaries.

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Through the consolidation of capabilities, assets, and company networks, the results of this merger are expected to create synergy, improve service quality, and provide greater added value for the country.

Pelindo, via its subsidiary PT Pelindo Sinergi Lokaseva (PSL), alongside other BUMN logistics firms, signed a Shareholder Agreement and the Deed of Merger for the BUMN Logistics Consolidation in Jakarta on Tuesday. This action aligns with the government's policy, through BPI Danantara, to establish a more integrated national logistics ecosystem.

The consolidation is expected to expand national distribution connectivity, improve operational efficiency, optimize BUMN assets, and strengthen the overall competitiveness of the national logistics sector. Aurelius Altius Rosimin, Senior Director of Corporate Strategy at PT Danantara Asset Management, stated that the merger aligns with President Prabowo Subianto's directive to create more focused, efficient, healthy, and competitive state-owned enterprises.

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We welcome this consolidation process as part of the effort to build a more integrated national logistics ecosystem. Through closer collaboration among BUMN, we are optimistic that the national supply chain connectivity will be stronger, logistics costs can be reduced, and customer services will become more effective and competitive.

Initially, the merged company's ownership structure includes 74.47% from Pelindo Group, 9.24% from PT Pos Indonesia (Persero), 9.37% from PT Krakatau Bandar Samudera, and 6.92% from other entities. As the majority shareholder, Pelindo will oversee the integration process towards establishing a national logistics holding company according to the set roadmap. Pelindo's President Director, Achmad Muchtasyar, expressed optimism that this synergy will strengthen the national supply chain, reduce logistics costs, and lead to more effective and competitive customer service.

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We believe this consolidation can be an important foundation in building a logistics system that is more efficient, integrated, and competitive.