US$7.5bn for Indonesia

The Indonesia Investment Authority (INA) has signed a strategic alliance agreement with DP World that is anticipated to improve the operation of ports, reduce logistics costs, and advance national competitiveness.

Ridha Wirakusumah, chief executive officer of INA, said: “Indonesia’s maritime and port sector is key to support trade and consumption across the archipelago, and this collaboration with DP World will enable us to resolve issues of high logistics cost sand port inefficiencies.”

Logistics infrastructure investments 

DP World and INA will form a consortium and working team to explore investments into the logistics infrastructure in Indonesia, including hinterland investments, inland terminals, cargo parks, feeder network systems, landside transport, and industrial zones.

They will also explore collaboration with the Indonesia Port Corporations (Pelindo). DP World will seek to leverage its joint investment platform with Caisse de dépôt et placement du Québec (CDPQ), which since its launch in 2016 has invested in 12 port terminals globally across various stages of the asset lifecycle.

DP World will also introduce its global best practices to Indonesia, including operations optimisation, service innovation, disruptive technologies, and safety principles. Cutting-edge logistics technology includes fully automated stacking to eliminate inefficiency, hyperloop systems for fast cargo delivery, and 100% electric sustainable means of cargo transport.