TTL open for business as Indonesian plan to upgrade port facilities gathers pace
Indonesia state-owned port operator Pelindo III has begun operations at recently opened Terminal Teluk Lamong ...
© Khunaspix Dreamstime.
You’ve obviously heard of the BRIC countries – Brazil, Russia, India and China; you’ve more than likely heard of the CIVETS – Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa – the next generation of developing nations that were to take up the BRICs’ mantle. It hasn’t gone quite as smoothly as the forecasts, and US geopolitical consultancy Stratfor has come up with a new term: the PC16, or post-China 16. These are the 16 countries that together will gradually – and indeed already are – assume the low-cost manufacturing, export-orientated activities that were previously undertaken in China. A very interesting read for those looking to identify the freight markets of the future.
Comment on this article