Pelindo Merger Assets Rp112 Trillion, Erick Thohir Warns Directors-Commissioners: Don't Corruption!

Minister of SOEs, Erick Thohir. (Photo: Doc. Ministry of SOEs)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir has warned the entire board of directors and commissioners of PT Pelabuhan Indonesia (Pelindo) about corruption in the company. This is because the merger or merger of Pelindo I, II, III and IV has large assets of Rp. 112 trillion.

"The Pelindo merger is expected to reduce expensive logistics costs, then (against) the corruptions that occur, we will do it. The new Pelindo directors and commissioners have that commitment," he said in a virtual discussion, Tuesday, November 23.

In addition, Erick believes that the merger of Pelindo can reduce logistics costs, which are currently still high compared to other countries, namely 23.5 percent of gross domestic product (GDP). These include Malaysia and India.

"This figure is still high compared to other countries. Singapore is 8 percent of GDP, India is 13 percent, Malaysia is also 13 percent. Why can't we streamline logistics costs?," he said.

Erick admitted that he had assigned directors at the company to develop ports in Indonesia since the Pelindo merger was carried out. This step is taken so that Indonesian ports can be globally competitive.

Furthermore, Erick said that the Pelindo merger is also expected to become the 8th largest container terminal operator in the world with 16.7 million twenty foot equivalent units (TEUs). This is also supported by the large natural resources owned by Indonesia.

"We don't want to be just a hub (port), but a super hub in Southeast Asia to Europe. After all, we are rich in natural resources (SDA), we are rich in our market," he said.