State-owned logistics firms signed merger agreements under the government’s consolidation plan, with PT Multi Terminal Indonesia designated the surviving entity to strengthen supply chain integration, efficiency and national connectivity
PT Pelabuhan Indonesia (Persero) – Pelindo – through its subsidiary PT Pelindo Sinergi Lokaseva (PSL), joined several state-owned logistics companies in signing a Shareholder Agreement (SHA) and the Deed of Merger for the state logistics consolidation at the Jakarta Post Office on Tuesday.
The signing marks another step in the government’s logistics transformation program led by BPI Danantara, which aims to integrate state-owned logistics businesses into a more efficient and competitive national ecosystem.
The consolidation is expected to establish a more integrated logistics network, expand national distribution connectivity, improve operational efficiency, and create greater value for customers and other stakeholders.
Aurelius Altius Rosimin, Senior Director of Corporate Strategy at PT Danantara Aset Manajemen, said the consolidation aligns with President Prabowo Subianto’s directive to develop state-owned enterprises that are more focused, efficient, financially sound, and globally competitive.
“By combining the companies’ capabilities, assets and networks, this merger is expected to strengthen synergies, improve service quality and create greater value for the country,” Aurelius said.
In the initial phase, the consolidated entity will be owned 74.47% by the Pelindo Group, 9.24% by PT Pos Indonesia (Persero), 9.37% by PT Krakatau Bandar Samudera, and 6.92% by other shareholders.
As the majority shareholder during the transition period, Pelindo will oversee the integration process until the formation of a national logistics holding company, ensuring implementation follows the agreed roadmap while strengthening collaboration among state-owned logistics companies.
Pelindo President Director Achmad Muchtasyar said the consolidation would improve the competitiveness of Indonesia’s logistics sector by strengthening cooperation across state-owned enterprises.
“We welcome this consolidation as part of our efforts to build a more integrated national logistics ecosystem. Through closer collaboration among state-owned enterprises, we believe national supply chain connectivity will improve, logistics costs can be reduced, and customer services will become more effective and competitive,” Achmad said.
He added that Pelindo would continue supporting the transition process by strengthening synergies between port and logistics services to build a more efficient, integrated and competitive logistics system.
The signing ceremony was attended by executives from BPI Danantara, shareholders, state-owned enterprises and other stakeholders involved in the consolidation process.
MTI Named Surviving Entity
As part of the consolidation, seven state-owned logistics companies will merge into a single entity to lay the foundation for a national logistics holding company. The companies include PT Multi Terminal Indonesia (MTI) and PT Prima Indonesia Logistik (PIL) from the Pelindo Group, PT Pos Logistik Indonesia (POSLOG), PT Sarana Bandar Logistik (SBL), PT KBN Prima Logistik (KPL), PT Varia Usaha Dharma Segara (VUDS), and PT Krakatau Jasa Logistik (KJL).
PT Multi Terminal Indonesia has been designated as the surviving entity.
PT Pelindo Sinergi Lokaseva (PSL), a Pelindo Group subsidiary and shareholder in MTI, said it supports the consolidation as part of efforts to strengthen integration across Indonesia’s logistics sector. The company said the initiative aligns with its role as an integrated logistics solutions provider and area manager by enhancing service synergies and improving connectivity between ports, industrial estates and hinterland areas.
PSL President Director Faruq Hidayat said the company would strengthen port-related logistics services and expand port-to-hinterland connectivity to support the integration process.
“This consolidation creates significant opportunities for Indonesia’s logistics industry, including PSL. We are ready to strengthen integrated logistics services by improving connectivity between ports and hinterland areas. Through collaboration among state-owned enterprises, we are confident we can deliver more efficient logistics solutions and greater value for our customers,” Faruq said.
The consolidation is expected to strengthen Indonesia’s distribution network by integrating state-owned logistics services into a more connected ecosystem. It is also expected to optimize assets and operations, reduce logistics costs, improve business competitiveness and support more efficient use of resources.
The government expects the initiative to serve as a catalyst for building a more integrated, efficient and competitive national logistics system capable of supporting Indonesia’s long-term economic growth and strengthening its regional and global competitiveness.