JAKARTA (TheInsiderStories) - PT Indonesia Kendaraan Terminal Tbk (IDX: IPCC), also known IPC Car Terminal, partnering with PT Glovis Indonesia International, a unit of South Korea’ Hyundai Glovis, and PT Toyota Motor Manufacturing Indonesia (TMMIN) on the Loading, Unloading Services, and Land Providing, said the management last week. The company operated in Tanjung Priok port in North Jakarta.
With these collaboration, president director of Hyundai Glovis, Hong Seok Park, hope together with the partner could develop Hyundai businesses in Indonesia. Throughout 2020, there were 227 units of Hyundai’ car imported from South Korea and only two units export to other countries.
While, the cooperation with TMMIN had run since March 10, 2016. According to the acting president director of the unit of port operator, PT Pelabuhan Indonesia (Pelindo) II, Arif Isnawa, on Monday (02/15), through the IPC Car Terminal, TMMIN has exported Toyota brand vehicles to more than 80 countries, ranging from Southeast Asian, South Asia, Middle East, to Latin America.
TMMIN is part of the representative of Japanese firm Toyota Motor Corp. The unit acted as a manufacturer and exporter of Toyota products and spare parts. Last year, exports of Toyota vehicles through the Tanjung Priok port decreased by 33.36 percent to 130,380 units compared to 2019 with 195,660 units.
While, Hyundai Glovis is a logistics company headquartered in Seoul and is part of the Hyundai Kia Automotive Group. Its predecessor, Hankook Logitech Co. Ltd., was formed in February 2001. Hyundai Glovis provides marine logistics services, cargo space, cargo loading / unloading, and packaging. The name was changed to Hyundai Glovis in June 2003.
And, IPC Car Terminal’ services included Stevedoring, Cargodoring, Receiving, and Delivery. It also serves other services Vehicle Processing Center and Equipment Processing Center. The company was established on Nov. 5, 2012 with percentage ownership of Pelindo II of 99 percent and PT Multi Terminal Indonesia at 1 percent.
Indonesia is targeting to export 1 million cars and 20 percent are electric vehicles by 2025. Therefore, the government has created a conducive business climate through harmonization and synchronization of regulations in the automotive sector. By 2030, the country also wants to become the production base for internal combustion engine and electric vehicles for domestic and export markets.
To support, IPC Car Terminal, the country also build Patimban Port in Subang, West Java. The soft launching of the terminal has been inaugurated by President Joko Widodo on Dec. 20, 2020, marking the first operation of the port by export of 140 cars from Toyota, Daihatsu, Suzuki to Brunei Darussalam from the new port.
The port that is being operated is the result of phase I construction and ready to serve containers with a capacity of 3.75 million TEUs. In detail, the car terminal’ capacity is 218,000 cars and later it will be 600,000 vehicles and will increase the our automotive exports to the global market, said the head of state.
Minister of transportation, Budi Karya Sumadi, reported the construction one of the National Strategic Projects covering of 25 hectares of areas. Then, Phase II, covering 66 hectares of areas, will be built an additional car terminal with a capacity of 600,000 motorized vehicles starting 2021 to 2024.
Furthermore, in 2024 – 2025, a container terminal will be built with a cumulative cargo capacity of 5.5 million TEUs. The final phase in 2026 – 2027, the construction will be carried out in the form of a container terminal with a cumulated capacity of 7.5 TEUs and 600,000 CBUs.
“In the future, Patimban will be synergized with Tanjung Priok Port, so that it can improve time efficiency and national logistics costs. Its hoped that it will increase the potential for the development of 10 priority industrial areas along the northern corridor of Java so that the economy will increase and provide broad benefits to the community,” said the minister.
Written by Editorial Staff, Email: theinsiderstories@gmail.com
