The performance of PT Indonesia Kendaraan Terminal TBK (IPCC), a hub or port for exporting cars in Indonesia, has witnessed improvement in line with the economic recovery. The growth can be attributed to three sources: around 70% from Completely Built Up (CBU) car exports, 10-15% from heavy equipment, and the remaining 5% for spare parts and others. The global economic recovery post-Covid, Indonesia's growth of over 5%, and increased consumer consumption have positively impacted the automotive industry, resulting in higher traffic, production, and cargo, according to Sugeng Mulyadi, CEO of IPCC.
This growth has bolstered IPCC's optimism in achieving the government's target of exporting 1 million CBU cars. They remain in constant communication with car manufacturers to address logistical challenges, traffic flow efficiency, and to maintain product competitiveness on the international stage. IPCC is also collaborating with port and customs authorities, government stakeholders, and financial ministries to ensure product efficiency and promote non-oil exports globally.
The Tanjung Priok port's quality and standards have positioned it to serve as an international car export hub. The port meets operational and depth standards, surpassing international benchmarks. While challenges persist, such as government support and regulations, IPCC aims to enhance Indonesia's automotive export competitiveness vis-à-vis countries like Thailand and India, thereby boosting Indonesia's overall global export growth.
