Pelindo Merger Becomes World's 8th Largest Container Terminal Operator
Jakarta - SOE Minister Erick Thohir assessed that the integration of state-owned port services had placed Pelindo as the 8th largest container terminal operator in the world.
"The merger will be able to maximize synergies and create added value. One of them is the company's opportunity to go global," he said in his statement on Monday (4/10).
According to Erick, this merger was carried out to make the national port industry stronger and improve maritime connectivity throughout Indonesia, as well as improve the performance and competitiveness of SOEs in the port sector.
Meanwhile, President Director of Pelindo II (Persero) Arif Suhartono said that the Pelindo merger opened up opportunities for the company to go global.
"This integration will increase Pelindo's position to become the 8th largest container terminal operator in the world with a total container throughput of 16.7 million TEUs (twenty foot equivalent units),&q