Fin Min give permit for 17 companies to manage Bonded Logistic Zone

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati give permit to

17 companies to manage bonded logistic zone across Indonesia. In March of 2016, President Joko Widodo was inaugurated 11 bonded zones manage by PT Cipta Krida Bahari located in Cakung, East Jakarta.

“The permit which was signed today show a very rapid development on bonded logistic zone in Indonesia. At the enterprise level which looks from the side of the large-scale enterprises has reducing logistic cost around US$5 million,” the minister said at the Jakarta International Logistic Summit & Expo.

Currently, She said, the logistic performance Index of Indonesia linger that other Southeast Asian (ASEAN) Countries at the 63rd rank while Singapura in fifth rank, Malaysia 15 and Thailand 45 dan Indonesia ke-63. She expect with the current development Indonesian logistic performance will improve in coming years.

Coordinating Minister for Economic Affairs adding, state policy on logistic sector has shown the implementation run well and growing expansively. Bonded zone logistic location, He said, spread in the main island not only in Jakarta city.

Minister of Trade Enggartiasto Lukita stated, the Trade Expo International was held last week showed the country’s export import volume improve and recorded the transaction over than US$1 billion. The improvement, He continues, support by development of bonded logistic zone has develop across the country that lowering the logistic cost of local producer.

“Flow request to use bonded logistic zone big enough so that demand to establish the zone growing faster to 28 regions,” Enggartiasto by adding Indonesia export volume to ASEAN recorded $33.6 billion in 2015, which the industry sector contributed 67.6 percent.

Directorate General for Custom & Excises Heru Pambudi at the same time explained, 124 companies now in talks with his office to develop bonded zone logistic. He expect through the development Indonesia will become one of the major hub in Asia Pacific region.

List of Bonded Logistics Operations Centre: