Expanding, Adi Sarana Owned By Conglomerate TP Rachmat Ties Collaboration With Lazada To Own 28 Thousand Vehicles For Rental Business

JAKARTA - PT Adi Sarana Armada Tbk (ASSA) is actively carrying out various expansions for business development in the mobility and logistics business.

"Because we see the prospect of the company's own business growth, especially Anteraja, the subsidiary company engaged in the logistics business is still very large in line with the increase in production, manufacturing and transactions related to e-commerce," said ASSA President Director Prodjo Sunarjanto in a statement, quoted Friday, July 22.

To that end, the transportation company belonging to the conglomerate TP Rachmat has launched Payment on Delivery services, collaborated with Lazada, introduced cold chain delivery, and provided Drop off services.

Furthermore, in terms of the used car sales business, until the end of June 2022, Caroline has opened 16 new customer touch points to make it easier for customers to make vehicle buying and selling transactions. The opening of the new customer touch point is expected to boost the company's used car sales.

In the vehicle rental business line, the number of the company's fleet has consistently increased. At the end of June 2022, the total fleet for rental activities reached around 28.000 vehicles.

Furthermore, the company sees the continued high rate of inflation followed by a potential increase in interest rates, which will cause many companies to reconsider their capital expenditure (capex).

From this point of view, ASSA sees an opportunity for an increase in the rental business, including rentals from logistics companies for trucks.