Chief executive officer of the AP Moller Maersk Group, Nils S Andersen, signed a memorandum of understanding with the top Indonesian port operator Pelindo II. The two companies are committed to infrastructure investments in Indonesia.
Addressing R J Lino, president director of Pelindo II at a meeting at the Maersk headquarters in Copenhagen, Denmark, Andersen expressed strong interest in further developing Maersk’s engagement in Indonesia.
“Indonesia is already an important market for Maersk, and we are interested in committing more of our resources to expand our operations in the country,” said Andersen. He expressed the Maersk Group’s desire to develop and expand the infrastructure of Indonesia in cooperation with Pelindo II, facilitating Indonesia’s growing foreign trade.
The memorandum of understanding outlines a plan for training and development of Pelindo II staff as well as providing consultancy support in lifting operational efficiencies in one of the Pelindo II facilities.
Focusing its efforts on new markets outside the OECD countries is part of the Maersk Group’s priorities for 2011, and Indonesia is a country of particular interest to Maersk. As a conglomerate, with container shipping, port activities, oil exploration, oil production activities as well as oil services, there are many opportunities to grow and provide top quality infrastructure and services in Indonesia.
The A.P. Moller - Maersk Group has been present in Indonesia since 1958, operating through shipping lines Maersk Line, Safmarine, MCC Transport and the company’s logistics arm, Damco.
In 2010, the A.P. Moller ‐ Maersk Group had a revenue of US$ 56.1 billion and a profit after tax of US$ 5.0 billion.
picture: google.com / source: logasiamag.com
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