Seven State-Owned Logistics Enterprises Officially Merge, Here Is the List
Seven State-Owned Enterprises (SOEs) operating in the logistics sector have officially merged into a single entity. This strategic move was marked by the signing of a Shareholder Agreement (SHA) and a Deed of Consolidation Merger, which took place in Jakarta on Tuesday (30/6).
The Chairman of the Steering Committee for the SOE Logistics Consolidation PMO, Daud Joseph, revealed that during this transition process, PT Multi Terminal Indonesia has been designated as the surviving entity.
During the transition period, all involved companies will undergo a comprehensive integration process. This stage includes alignment in operational, legal, financial, and corporate governance aspects before reaching the final transaction stage.
Daud explained that this merger is the initial step in the national logistics consolidation initiated by Danantara Asset Management. This initiative aims to create an Indonesian logistics ecosystem that is more integrated, efficient, and possesses strong global competitiveness.
“This is in line with the government’s vision and mission to achieve effectiveness and efficiency in the country’s existing logistics processes. From the SOE perspective, Danantara wants these seven companies to become one, and the implementation has begun today,” he stated.
Furthermore, Daud, who also serves as the President Director of PT Pos Indonesia, expressed hope that this consolidation would provide a positive impact on the national logistics sector. The unification of various corporate strengths into one entity is expected to strengthen services while significantly reducing operational costs.
“The benefit we hope for as a nation is that a consolidated logistics company can possess all the necessary features, so that with just one entity, various logistics functions can be performed,” said Daud.
He is optimistic that this integration will eliminate the overlapping services that have been carried out by many separate companies. “From that, efficiency will occur, and there will be more efficient pricing, because there will no longer be multiple companies,” he concluded.