How Danantara Is Boosting Indonesia’s Maritime Sector

PT Danantara Asset Management (DAM) has called upon state-owned company PT PAL Indonesia to intensify efforts in enhancing corporate governance through the optimal use of technology and the acceleration of strategic programs aimed at fortifying the national maritime industry.

Support for Strategic Assignments:

PT DAM’s President Commissioner, Rabin Indrajad Hattari, emphasized the importance of robust corporate governance, good governance practices, and the adoption of technology to sustainably boost competitiveness. He highlighted the necessity for companies to have these foundational pillars in place to meet the increasing strategic demands from the government.

Role of PT PAL Indonesia:

Recognizing PT PAL Indonesia as a critical national asset in shaping Indonesia’s maritime prowess, Rabin commended the company’s project management system for maintaining discipline in executing strategic initiatives. He reiterated PT DAM’s commitment to advocating for government support towards PT PAL’s strategic endeavors, with the aim of expediting transformation and bolstering the national shipbuilding sector.

Transformation for Economic Growth:

PT PAL Indonesia’s President Director, Kaharuddin Djenod, underscored that the company’s transformation agenda extends beyond enhancing productivity to establishing a maritime industrial ecosystem that generates added value for the national economy. Kaharuddin emphasized the significant multiplier effect of the shipbuilding industry, not only in driving the national supply chain but also in creating substantial employment opportunities across various sectors.

Economic Impact and Job Creation:

With each vessel constructed at PT PAL, there is a ripple effect on the national supply chain by increasing the Domestic Component Level (TKDN) and fostering job creation both directly within shipyards and indirectly in supporting industries. Kaharuddin stressed that these economic benefits will have a widespread impact, contributing significantly to the growth of the national industry.

The collaboration between PT DAM and PT PAL Indonesia signifies a strategic partnership geared towards advancing the maritime industry’s capabilities and fostering sustainable growth in Indonesia’s shipbuilding sector. The focus on strong corporate governance, technological integration, and strategic program implementation underscores the collective commitment towards fortifying the nation’s maritime industry.

Stay tuned for more updates on the latest developments in Indonesia’s maritime sector.

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