Singapore, 5th July 2022 – Formalisation of interest to facilitate regional economic integration between YCH Indonesia and PT Pelindo Solusi Logistik, as part of ASEAN Business Advisory Council (ASEAN-BAC)’s legacy project, Smart Growth Connect initiative, was inked through a Memorandum of Understanding (MoU) signing ceremony.
The event was held on Monday, 4th July 2022, in YCH Group’s iconic Supply Chain City© facility, Singapore.
President Directors from the two regional mega supply chain and logistics outfits, Mr Roland Yap from YCH Indonesia, and Mr Joko Noerhudha from PT Pelindo Solusi Logistik, were the signatories of the MoU. Witnesses of the signing were Dr Robert Yap, Executive Chairman of YCH Group, and Mr Hambra Samal, Vice President Director of PT Pelindo (Persero).
A key aim of the MoU is to conduct a joint feasibility study to explore the establishment of ASEAN Business Advisory Council (ASEAN-BAC)’s legacy project, Smart Growth Connect in Jakarta, with the objective to grow cities without growing pain, ahead of Indonesia assuming ASEAN Chair in 2023. Indonesia is the third initiative launched, tailgating the first two initiatives – ground-breaking ceremony of Vietnam SuperPortTM in December 2021, and MoU signed between YCH Group and Worldbridge Group to develop Phnom Penh Logistics Centre in May 2022.
Monday’s signing ceremony was a follow-up from the MoU signed between YCH Indonesia and PT Multi Terminal Indonesia in November 2021, attended by Mr Chee Hong Tat, Singapore Senior Minister of State for Finance and Transport, who expressed that the MoU reflects the strong commitment from other countries towards open and fair cooperation to promote competitiveness and inclusiveness among ASEAN states. Fellow luminaries in attendance were Mr Pahala Mansury, Indonesian Deputy Minister of State-Owned Enterprises and senior leadership from YCH Group and PT Multi Terminal Indonesia (MTI).
An integral part of YCH’s strategic trajectories is to drive seamless logistics and supply chain connectivity in ASEAN, by enhancing the organisation’s expertise, network, and presence to bring this aspiration to fruition. The inauguration of this third ASEAN-BAC initiative in Indonesia will further solidify the mandate of ASEAN Smart Logistics Network (ASLN) to establish a seamless and comprehensively connected and integrated region to promote competitiveness and inclusiveness of ASEAN.
Mr Roland Yap, President Director of YCH Indonesia said, “YCH Indonesia and PT Pelindo Solusi Logistik share the mutual goal in driving supply chain and logistics connectivity in ASEAN, to uplift the regional economic integration for Indonesia and the fellow members states without growing pain. We believe the marriage of our combined expertise will leapfrog the progress to fulfil this goal. With the signing of the MoU, we are extremely encouraged that it will reinforce our strides to accelerate the progress collectively.”
Mr Joko Noerhudha, President Director of PT Pelindo Solusi Logistik said, “PT Pelindo Solusi Logistik will thrive to continuously improve the company’s business services in the logistics and industrial areas, to support trade and economic growth by encouraging an ecosystem of logistics integration and supply chain efficiency, one of them is through the signing of this MoU with YCH Indonesia.”
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About YCH Group
YCH Group is Singapore’s leading homegrown, end-to-end supply chain solutions partner to some of the world's largest companies and favourite brands across more than 100 cities in the Asia Pacific region. YCH focuses on boosting productivity and sustainability for its customers with its proprietary best-in-class suite of award-winning solutions across industries such as fast-moving consumer goods, electronics, chemical and healthcare, cold chain logistics, and e-Commerce. A strong proponent of innovation, YCH is recognised for its 7PL™ approach in seamlessly integrating supply chain strategy with execution.
For more information, please visit www.ych.com
About PT Pelindo Solusi Logistik
PT Pelindo Solusi Logistik (SPSL) is one of the sub holdings of PT Pelabuhan Indonesia (Persero) in logistics and hinterland development business cluster that focuses on building capability and partnership, expanding connectivity, and beyond end-to-end integration. SPSL carries a vision to be the best solution provider for an integrated logistics ecosystem, and a mission to provide the best business services to encourage ecosystem integration and logistics chain efficiency in supporting trade and economic growth.
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PT Pelindo Solusi Logistik