Indonesia: Investors Needed to Develop 30 Ports, Airports

• Oct 11, 2017

TEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi has invited both local and foreign investors to become the operators of 20 ports and 10 airports. According to him, the government will support investment in the maritime and logistics sectors. “Including by deregulation. Scrapping rules that do not support investment,” Budi said in his opening speech yesterday at Indonesia Transportation Logistics & Maritime Week 2017 at JIExpo Kemayoran, Central Jakarta.

Budi promised that he will evaluate ministerial regulations that hamper investment. He said that the government is determined to create an opportunity for private firms, both home and abroad to operate 30 ports and airports.

The airports include those in Belitung, Bengkulu, Palangka Raya, Tarakan, Samarinda, Banyuwangi, Palu, Kendari and Jayapura and ports in Probolinggo, Bima, Sintete and Waingapu.

In the past two months, the Transportation Ministry has allowed private firms to operate ports in Probolinggo, Sintete, Waingapu and Dima. Budi said that several companies have already make investment, such as state-owned Pelindo II, Pelindo III and Pelindo VI. “We now encourage private firms to join us, but negotiation is ongoing,” he said.

Source: https://en.tempo.co/read/news/2017/10/11/056912186/Investors-Needed-to-Develop-30-Ports-Airports