INDONESIAN PORTS LAG BEHIND SINGAPORE AND MALAYSIA
Indonesia developed port areas in Sabang and Batam as free port and free trade zones, dedicated places that house storage warehouses as well as export processing and transshipment facilities that help transfer cargo from one ship to another. Goods in the free port and free trade zones were exempted from import duties and other taxes.
In the late 1950s, Singapore expanded its entrepot into transshipment services. It also expanded into the logistics market, providing services to support the movement of goods. To attract container ships and oil tankers to stop at its port, Singapore provides bunker services to refuel ships.Singapore built three oil refineries with a total capacity of 1.3 million barrels per day to enable refueling at a competitive price. This exceeds Indonesia’s oil refinery capacity.
Singapore and Malaysia nurture their strategic position in the Malacca Strait. Between them, they share the largest transshipment and logistics market in the world. The Suramadu Bridge funded by the Chinese is an example of such a failure. The bridge was built to connect industrial zones between Surabaya and Madura. But the development of industrial zones at both ends of the bridge has never been realised.Indonesia now has five seaports in the Malacca Strait: Sabang, Belawan, Dumai, Batam and the new Port of Kuala Tanjung.
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