JAKARTA - An Indonesian private company, Whitesky Group, is collaborating with Canadian company Sinobec Trading Inc, to explore an investment profile in developing 16 airports managed by PT Angkasa Pura I (Persero).

This collaboration is a continuation of the cooperation agreement with PT Angkasa Pura (AP) I which was carried out on the sidelines of the B20 event in Bali, some time ago.

"This is the starting point where both parties will conduct studies to make investment patterns at airports managed by PT. AP I," said Whitesky Group CEO and Founder, Denon Prawiraatmadja, as quoted from Antara, Monday, November 21.

This was conveyed after he and President and CEO of Sinobec Group John Lee signed a business partnership to develop 16 airports managed by PT Angkasa Pura I.

The purpose of this collaboration is to reduce airport operational costs which are managed by PT. AP I so that it can be more efficient and have competitiveness in supporting the socio-economic activities of the Indonesian people.

As it is known that the high operational costs at the airport will have an impact on airline ticket rates, which will also ultimately be burdened by prospective passengers who wish to use air transportation services.

The existence of this investment cooperation will reduce costs to be incurred by airports that affect flight operators, so that it can have an impact on reducing costs incurred by the community using airport services.

Denon also said that in this collaboration, Whitesky Group apart from being a mediator between PT AP I and Sinobec will also invest in the development of airports that will be collaborated later. It is hoped that this will provide more benefits to all parties involved in the investment.

Previously, there was good cooperation between the Whitesky Group and the Government of Canada, in which a collaboration was established between the Whitesky Group and the Canadian Commercial Corporation (CCC) to conduct a study on the development of a green airport in North Kalimantan.

Regarding the airports that will be cooperated with, said Denon, it is still under discussion and the selection of which airports will be developed in this collaboration, to be more precise, will be announced by PT AP I. But what is clear there will be four locations with a total investment plan about 600 US dollars.

John Lee said that Indonesia was chosen as a partner for this collaboration, among other things, that the country has abundant natural resources such as sunlight and various mineral materials so it has the potential to develop an environmentally sound airport.

"I assess the potential for this collaboration with Indonesia to be very large and will continue in the future," said John Lee.


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