Indonesia Investment Authority Signs Strategic Alliance Pact with DP World
Posted on 11/01/2021
Indonesia is the largest archipelago in the world with more than 17,000 islands. The Indonesia Investment Authority (INA) signed a strategic alliance agreement with Dubai-based DP World that is owned by Dubai World. The deal aims to improve Indonesia’s maritime and port sector within the global manufacturing ecosystem. The economic value of this partnership could reach up to US$ 7.5 billion over the long term.
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.