TEMPO.CO, Jakarta- Franky Sibarani, Chairman of the Investment Coordinating Board (BKPM) said that bonded logistics center (PLB) is crucial for Indonesia's investment competitiveness and national interest.
"With the presence of bonded logistic center, the government aims to make Indonesia as a cheap and efficient national and international logistic distribution center," Franky said in a written statement released on Monday, April 4, 2016.
Franky explained that capital goods can be stored in a PLB up until three years compared to only 30 days in ports. The advantage, Franky said, is expected to provide benefits and help to achieve the Rp 594.5 trillion investment realization target set by the government. Franky stated that PLBs will also transform Indonesia into a logistic hub for the Asia-Pacific region.
Franky asserted that the presence of PLBs in Indonesia will be beneficial for small, medium, and even large industries. "PLBs are expected to lower costs, increase Indonesian products' competitiveness, and drive national export [performance]," Franky said.
BAGUS PRASETIYO
