Office Address
123/A, Miranda City Likaoli Prikano, Dope
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+0989 7876 9865 9
+(090) 8765 86543 85
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info@example.com
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123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Indonesia’s newly
established wealth fund signed an agreement with Dubai port operator DP World
to develop seaports in Southeast Asia’s largest economy.
Under the
agreement, Indonesia Investment Authority and DP World, one of the biggest
global port operators, will form a consortium to explore long-term investment
opportunities across the country, according to a joint statement on Sunday 31
Oct.
A partnership with
state port operator PT Pelabuhan Indonesia is among options that both parties
say will bring economic value of up to $7.5 billion.
Indonesia with over 17,000 islands considers seaports a key support
for domestic economy
Indonesia, an
archipelago with over 17,000 islands, considers marine logistics and seaports
as a key support for the domestic economy, according to Ridha Wirakusumah,
president director at the fund known as INA. The fund lets investors place
money in sub-funds spanning infrastructure, healthcare, tourism, technology and
the development of a new national capital city planned on the island of
Kalimantan.
DP World recently
announced a string of deals to become a more diversified and integrated
logistics company. Its operations span from gateways in London and Antwerp to
hubs in Africa, Russia, India and the Americas.
The company, along
with partner Caisse de dépôt et placement du Québec, signed a port and
logistics park agreement with Indonesia’s Maspion Group in March.
