Port Initiation and Planning Asia - An Insight on Port Development
SINGAPORE, Dec. 6, 2011 /PRNewswire-Asia/ -- "This is the best opportunity on the planet at present. There is nowhere else that offers so much potential. There is nowhere better to put your money for those who can understand and structure and approach exactly," said David Wignall, a leading expert in Indonesian ports. He will share his understanding on the structure and approach of Indonesian port development at Port Initiation and Planning Asia.
Organised by IQPC & Transport IQ, this event is unique as it benefits all stakeholders; public and private ports, shipping companies, oil and gas, coal, cruise terminals, and investors in attendance and those sharing their projects.
Port Initiation and Planning Asia will take place from the 20th to the 22nd of February, 2012 in Jakarta.
For an archipelago nation such as Indonesia, an efficient and well run shipping transport system is a critical element of economic competitiveness as well as national integrity. It is well known that Indonesia has relatively high sea transport costs and this is currently reducing incentives to trade both domestically and internationally.
However, the winds are just beginning to shift; the 2008 Indonesian Shipping Law, which was not fully implemented until 2011, represents a great leap forward. In simplest terms, it allows for a higher level of port autonomy by providing much needed separation between the operator and regulator.
The days of monopolistic port configurations are over.
Aware of the changing tide, Heryandri Kamal, the Director of Ports and Dredging for the Ministry of Transportation in Indonesia will share Indonesia's updated national port master plan. His optimistic glimpse into the future will set the tone for an event that is sure to accelerate port development plans throughout the region.
Mark Yong, managing director from BMT ASIA comments that "a lot of people tend to talk about Brazil, Russia, India, and China, etc. but what a lot of people do not know is that Indonesia is actually a fast-growing market as well. The supply chain is extremely costly in Indonesia, so there a lot of opportunities to improve it."
Although the event is still more than 2 months away, its major themes are already being echoed throughout the industry.
"Opportunities."
Visit http://www.portplanningasia.com for more details or email [email protected] for more information.
Media Contact: Alexis Efstathiou
Tel: +65 6722 9442
Email: [email protected]
SOURCE: International Quality & Productivity Center (IQPC)