Indonesiantalk.com — Chinese SOE Investors Demonstrate Strong Interest in Indonesia’s Maritime Transportation Sector
Historic Moment as Chinese State-Owned Enterprise (SOE) Investors Show Strong Interest in Indonesia’s Maritime Transportation Sector
The Indonesian Ministry of Transportation has marked a significant milestone today with the convening of an introductory meeting aimed at bolstering cooperation within the maritime transportation sector.
The event, held at the Ministry of Transportation on Jalan Medan Merdeka Barat No. 8, brought together various key stakeholders, including officials from the Directorate General of Sea Transportation and a delegation from China’s Shenzhen Port Group Co., Ltd.
In this enthusiastically organized meeting, the Directorate General of Sea Transportation, led by Acting Director General Capt. Dr. Antoni Arif Priadi, M.Sc., had the primary objective of exploring potential collaborations with foreign investors, particularly from Shenzhen Port Group Co., Ltd.
As a China-based State-Owned Enterprise (SOE), Shenzhen Port Group Co., Ltd plays a significant role across diverse aspects of the maritime transportation industry.
Established in 1985 under the auspices of the Shenzhen city government, the company has achieved remarkable accomplishments within the global maritime transportation sector.
By the end of 2022, Shenzhen Port Group Co., Ltd’s total assets had reached CNY 55.2 billion, reflecting a strong commitment to advancing the maritime transportation sector across the globe.
During this meeting, the delegation from the company, led by notable figures such as Hongbo Peng (Vice President), Dong Xiang (Chief Financial Officer of Shenzhen SEZ Construction & Development Group Co. Ltd), and Xu Xiongwei (Deputy Party Secretary General Manager of CCCC FHDI Engineering Co. Ltd), expressed a robust interest in investing in Indonesia’s maritime transportation sector.
Also present were Cynthia Sun (Deputy Head of Investment and Capital Operations Department) as well as Gunawan and Ismeth Wibowo.
Amidst warm conversations, representatives from Shenzhen Port Group Co., Ltd reaffirmed their commitment to collaborate with other Chinese SOEs, such as China Harbour Engineering Co. Ltd, to achieve shared goals in developing Indonesia’s maritime transportation sector.
Indonesia’s Ministry of Transportation responded with great positivity to the strong interest displayed by these Chinese SOE investors.
They welcomed the goodwill and collaborative proposals with open arms. The Directorate General of Sea Transportation acknowledged that close collaboration between Indonesia and China in advancing the maritime transportation sector will have a positive impact on economic growth and regional connectivity.
This meeting underscores a strong collaborative spirit in addressing global challenges within the maritime transportation field.
Furthermore, this event is a tangible outcome of the bilateral discussions between President Joko Widodo (Jokowi) and Chinese President Xi Jinping, held in Chengdu, China at the end of July 2023.
The agreements reached in that meeting provide a solid foundation for both nations to deepen cooperation across various sectors, including maritime transportation.
This introductory meeting opens substantial opportunities for Indonesia and China to harness the potential of the maritime transportation sector while exemplifying how international cooperation can yield mutually beneficial results.
These initiatives are anticipated to contribute to the realization of a shared vision for developing a more modern, efficient, and sustainable maritime transportation sector.
