CDIA Reveals Performance, Investment, and Danantara Project

The management of CDIA stated, “We are also expanding our business beyond conventional chemical and gas transportation through strategic investments.” The company invested US$90 million to acquire a 40% stake in PT Armada Maritim Persada, thereby expanding CDI’s presence in the mining logistics and port management services sectors. Additionally, 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. In the Port & Storage pillar, PT SCG Barito Logistics signed a Memorandum of Understanding with PT Krakatau Bandar Samudera to explore the development of ISO tank storage, dry-container storage, and lift-on/lift-off services at Krakatau International Port. Meanwhile, the construction of a 12,000 m³ bitumen storage facility in Merak has reached approximately 75% completion, on track to commence operations in the third quarter of 2026. In the Energy pillar, CDI continues to expand its sustainable infrastructure portfolio by developing low-carbon business opportunities. PT Chandra Waste Energy, an indirectly owned subsidiary of CDI, along with its consortium partners, has been appointed to conduct a feasibility study for the Danantara waste-to-energy project in Serang. This appointment marks a significant milestone in the development of waste-based power generation and reinforces the company’s commitment to delivering sustainable infrastructure solutions. Going forward, CDI remains focused on completing projects under development, operating new assets, increasing third-party revenue contributions, 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 shareholders.