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The Indonesian Downstreaming Economic Path

Security personnel are conducting standard activities at the Indonesian Port (Pelindo) Multipurpose Terminal in Belawan, Medan City, North Sumatra, Indonesia, on March 18, 2024. Continuing to serve as a vital link from the Malacca Strait trades to the Indian Ocean and the South China Sea (Pacific Ocean), the Belawan port also connects routes between the Western and Eastern regions within the 'Silk Road'. According to Pelindo's annual report for 2021-2022, the Indonesian port company is recording the flow of containers throughout 2022, with 17.22 million twenty-foot equivalent units (TEUs) noted, an increase from the 2021 record of 17.06 million TEUs and the pre-merger figure of 15.67 million TEUs in 2020. Similarly, the flow of non-container goods is also showing a positive performance, with 160 million tonnes recorded in 2022, compared to 146.2 million tonnes in 2021 and 133.8 million tonnes in 2020. This aligns with Indonesia's economic growth, which is reflected in the product value-based Gross Domestic Product (GDP), showing a positive trend with growth of 5.31 percent in 2022 and 3.70 percent in 2021, especially in the post-Covid-19 pandemic period. (Photo by Sutanta Aditya/NurPhoto)

Photo Details

Photo ID	#11084864
Date Taken	18 March 2024
Location	N/A
Photographer	Sutanta Aditya/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Sutanta Aditya/NurPhoto

Related Keywords

News Editorial NWS Pelindo Indonesia Port Belawan Multipurpose Terminal Belawan Medan City Indonesia Security standard Multipurpose Terminal Gross Domestic Product TEUs increase twenty-foot equivalent units post-Covid-19 pandemic Economic Silk Road International Port South China Sea Pacific Ocean Malacca trades Indian Ocean Downstreaming the Indonesian Economic Joko Widodo Indonesian President Prabowo Eric Tohir Gibran Rakabuming Raka Merger positive performance non-container containers Farid Chairmawan VP Corporate Communications PT Pelindo Multi Terminal Indonesian Photojournalist

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