BBG: Indonesia delays investment plan for $20bn climate deal
BLOOMBERG reports: Indonesia has pushed back the launch of a much-anticipated investment plan underpinning a landmark ...
The Indonesian government wants mainline operators to call directly at Belawan, the country’s busiest port after Java.
Minister of state-owned enterprises Erick Thohir said last week 95% of containerised exports from Belawan, located in northern Sumatra, were transhipped in Singapore and Port Klang in Malaysia.
Data from state-owned port operator Pelindo shows Belawan handled 550,871 teu last year, and Statistics Indonesia shows China as northern Sumatra’s top export destination, followed by India, Japan and the US.
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