Local Integration and Global Connectivity slide image

Local Integration and Global Connectivity

Locally Integrated Globally Connected Final Notes Indonesia has a very strategic position in global and regional shipping network. It has a direct access to the world's largest market since it is passed by one of the most SLOC, i.e. The Malaccan Strait and 3 SLOCS in Indonesia. There are two main problems in port development in Indonesia. First, Indonesia's main ports are facing overcapacity which causes inefficiencies. Second, Indonesia also does not have. trans-shipment port capable of accomodating large trans-oceanic vessels. Huge investment is therefore needed, as well as to strengthen the existing 32 strategic ports which are in poor condition at the moment. Indonesia still needs to strengthen its shipping because Indonesian-flagged vessels are typically older that vessels operated by foreign shipping companies.. Government of Indonesia is currently implementing Master Plan for the Acceleration and Expansion of Indonesia's Economic Development (MP3EI) to strengthen national connectivity that considers regional and global geostrategic position. In addition to strengthening national connectivity through MP3EI, Government of Indonesia is in the process of developing ASEAN RO-RO Shipping network in coordination with Malaysia. and Phillipines to strengthen inter-island connectivity in ASEAN. Indonesia can benefit from its strategic cooperation with Australia, as well as New Zealand, and other Southwest Pacific islands states. Government of Indonesia is committed to maintain the momentum of investment friendly environment and is exploring all options in encouraging investment in infrastructure, especially port development as backbone of national economic development corridor
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