Joint venture to ease paperwork at port<\/p>\n
JAKARTA (JP): An electronic data interchange (EDI) will
\nimprove the system of export and import documentation at Tanjung
\nPriok seaport here, an executive says.<\/p>\n
Arief A. Soedjono, the manager for finance and administration
\nof PT Sisindosat Lintasbuana, an information technology company,
\nsaid yesterday that the facility will be provided by a joint
\nventure between his company and PT Pelabuhan Indonesia II, the
\nstate-owned company assigned to manage a number of seaports
\nincluding Tanjung Priok.<\/p>\n
"The two companies will finalize negotiations on the
\nestablishment of the joint venture in the near future," he said.<\/p>\n
He said Sisindosat will control a maximum stake of 49 percent
\nin the planned joint venture.<\/p>\n
Companies other than Pelabuhan Indonesia II will be welcome to
\nparticipate in the venture, he said.<\/p>\n
Arief said the joint venture will ease the paperwork at the
\nport, thereby helping to smoothen the flow of goods.<\/p>\n
Sisindosat is jointly owned by the cooperative of Indosat, the
\nstate-owned international telecommunications company, and by the
\nfoundation of Indosat employees.<\/p>\n
Fiber optic<\/p>\n
Meanwhile, an executive of Indosat said yesterday that the
\ncompany will operate a US$700 million underwater fiber-optics
\ncommunication cable system, called Seamewe 2, later this month.<\/p>\n
The system, stretching 18,190 kilometers and linking 13
\nnations in Southeast Asia, the Middle East and western Europe,
\nhas a capacity of 565 megabytes per second per fiber pair.<\/p>\n
The project, which has six submarine cable segments and one
\nland segment, is owned by 40 international parties, including
\nIndosat and its subsidiary PT Satelindo.<\/p>\n
The executive also said that Indosat signed an agreement in
\nKuala Lumpur last Friday to establish another 12,000-kilometer
\nsubmarine fiber-optic cable network connecting Japan, South
\nKorea, Taiwan, Hong Kong, the Philippines, Malaysia, Singapore,
\nThailand and Indonesia.<\/p>\n
The $524 million project will be able to handle 786,240
\ntelephone calls simultaneously and can be connected to another
\nfiber-optic cable built by Australia.<\/p>\n
Construction of the project will begin next year and will be
\ncompleted in Nov. 1996. (icn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/joint-venture-to-ease-paperwork-at-port-1447893297",
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"sponsor": "Okusi Associates",
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