Foreign ownership rules eased at Indonesian ports

Foreign ownership rules eased at Indonesian ports

As part of his ambitious bid to create a “maritime highway” across the archipelago, Indonesia’s president has bowed to pressure from overseas investors eased foreign ownership rules on its ports.
Foreign investors can now take majority control of ports in Southeast Asia’s largest nation, something many in shipping have been calling for for years.

Maersk, for one, has stated it is willing to invest billions in the country if foreign ownership restrictions are eased.

President Joko Widodo came to power promising huge maritime infrastructure development designed to link the country better together and make development more even across the huge nation.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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