Indonesian Political, Business & Finance News

Blue Bird offers container handling

Blue Bird offers container handling

JAKARTA (JP): The Blue Bird group, a private transportation
company, will establish a US$15-million container handling
facility here in cooperation with a domestic freight forwarding
firm and a Malaysian transportation company.

Under an agreement signed here yesterday, the three parties,
Blue Bird, PT Ritra Cargo Indonesia and Kontena Nasional of
Malaysia, have agreed to set up the facility under their joint
venture company called PT Ritra Kontena Freight Center.

"The company, offering a container yard and warehouse, is
equally owned by the three parties. The project, which is under
construction on a six-hectare plot, will be completed in June,"
Ritra's president Anthon Riyanto said.

He said that the facility, located about 2.5 kilometers from
the Tanjung Priok Port in North Jakarta, will also be equipped
with cold storage.

He said the demand for container yards will increase in the
coming years as reflected in the steadily rising volume of
container freight handled at Tanjung Priok.

Official data show that container traffic through Tanjung
Priok has increased by 25 percent per year. In 1994, the total
volume of container freight handled at the port reached 1.27
million twenty-feet equivalent units (TEUs), which rose to 1.36
million TEUs in 1995. The figure is projected to reach 2.4
million TEUS in the year of 2000.

Meanwhile, Blue Bird's president Mrs. Djokosoetono said that
the new company is the group's eighth subsidiary.

"This is the expansion of PT Iron Bird, one Blue Bird's
subsidiaries, which runs a container transportation service," she
said.

Blue Bird is one of the country's leading transportation
firms. The group, which won an Asian Management Award last year
for its operations management, operates more than 4,000 vehicles
including taxicabs and buses.

Kontena's chief executive, Mohd Mokhtar Abu Bakar, said
yesterday that his company, which was established 25 years ago,
is a pioneer and leader in the container haulage business in
Malaysia.

"Today Kontena is a leading provider of integrated transport
in Malaysia with a service base that includes international
freight forwarding, depot services and warehousing," he said,
adding that Kontena will provide management expertise in the
joint venture company.

Kontena has also a freight forwarding subsidiary in London and
will set up a port management firm in Vietnam, he said. (icn)

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