Four Pelindos Merged Into One, Here Are The Benefits According To The Ministry Of SOEs

Illustration. (Photo: Doc. Antara)

JAKARTA - The Ministry of SOEs outlined a number of benefits or advantages of merging four Pelindos into one Pelindo.

"First for the community, increasing connectivity and standardizing services for one Pelindo will have an impact on the efficiency of inter-island goods traffic and a gradual decrease in logistics costs," explained the Ministry of SOEs on its official Instagram account @kementerianbumn in Jakarta, quoted from Antara, Tuesday, September 28.

In addition, the merger of Pelindo can open up new job opportunities through increasing investment in the port sector. For the government or the state, the benefits of merging Pelindo will make it easier for the government to coordinate with one state-owned port operator in Indonesia.

The merger of Pelindo is also expected to increase the contribution of state revenue through dividends and taxes in line with increasing company profitability and opening up greater opportunities for investment.

For Pelindo itself, this merger will bring the company to go global. After the merger, Pelindo will become the 8th largest container terminal operator in the world with a total container throughput of 16.7 million TEUs.

In addition, integration will increase operational efficiency and capital expenditure (capex), pool financial resources, increase leverage and strengthen capital.

This merger also encourages Pelindo to focus more on business in accordance with the clusters or subholdings formed after the integration later. The government will soon realize the merger or merger of four port SOEs, namely PT Pelindo I-IV Persero on October 1, 2021.

In this merger, PT Pelindo II will act as the surviving entity or the company receiving the merger. After the merger, the name of the merged company became PT Pelabuhan Indonesia (Persero) or Pelindo.

The merger of the Port SOEs is considered the right and relevant step to adapt to the increasingly rapid industrial progress along with the advancement of technology and information.

As a port operator company that has a major role in maintaining the logistics distribution chain and has implications for the country's economic progress, a breakthrough is needed through the integration of Port SOEs.

Until now, the Government Regulation regarding the Merger of Port SOEs is still in the process of issuance. Then it will be effective after the signing of the Deed of Merger.

The integration plan has also received full support from various groups, including the Labor Unions throughout Pelindo. On August 24, 2021, the PT Pelindo IV Labor Union held a coordination meeting, one of which was to provide full support for the integration of Pelindo.