CDIA Reveals Performance, Investment, and Danantara Project
“We are also expanding the business beyond conventional chemical and gas transport through strategic investments,” said CDIA management.
The company invested US$90 million to acquire a 40% stake in PT Armada Maritim Persada, thereby extending CDI’s presence in mining logistics and port management services.
In addition, CDI invested US$15.5 million to obtain a 49% stake in Petrosea Services Solutions Pte. Ltd., which provides access to a broader customer base, more diversified cargo flows and potential future dividend income, while strengthening long-term growth opportunities.
Under the Ports & Storage pillar, PT SCG Barito Logistics signed a Memorandum of Understanding (MoU) with PT Krakatau Bandar Samudera to explore the development of ISO tank storage services, dry-container storage and lift-on/lift-off services at Krakatau International Port.
At the same time, construction of a 12,000 m³ bitumen storage facility in Merak has reached approximately 75% completion, in line with the plan to begin operations in the third quarter of 2026.
Under the Energy pillar, CDI continues to expand its sustainable infrastructure portfolio through the development of low-carbon business opportunities.
PT Chandra Waste Energy, an indirectly owned subsidiary of CDI, together with its consortium partners, was appointed to carry out a feasibility study for the Danantara waste-to-energy project in Serang.
This appointment marks an important milestone in the development of waste-based power generation business and reaffirms the company’s commitment to delivering sustainable infrastructure solutions.
Going forward, CDI remains focused on completing ongoing projects, commencing operations of new assets, increasing third-party revenue contribution and deploying capital selectively to strengthen its integrated infrastructure platform. Through disciplined execution and prudent capital allocation, the company is committed to creating sustainable long-term value for its shareholders.