Editorial photo #11084876 Economy, Business and Finance
The Indonesian Downstreaming Economic Path
Immanuel Zebua, a 39-year-old Senior Officer of Health, Safety, Security & Environment (HSSE) at PT Pelabuhan Indonesia (Pelindo) Belawan Multipurpose Terminal, is working at the terminal in Belawan, Medan City, North Sumatra, Indonesia, on March 18, 2024. Serving as a crucial link from the Malacca Strait 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 port company saw a container flow of 17.22 million twenty-foot equivalent units (TEUs) in 2022, marking an increase from the 17.06 million TEUs in 2021 and 15.67 million TEUs before the merger in 2020. Similarly, the flow of non-container goods is showing a positive performance, with 160 million tonnes recorded in 2022, up from 146.2 million tonnes in 2021 and 133.8 million tonnes in 2020. This growth aligns with Indonesia's economic expansion, as reflected in the Gross Domestic Product (GDP), which grew by 5.31 percent in 2022 and 3.70 percent in 2021, especially notable in the post-Covid-19 pandemic period. (Photo by Sutanta Aditya/NurPhoto)
