PT Pal looks abroad

Indonesia’s state-owned shipbuilder PT Pal is planning to boost its production capacity through alliances in Saudi Arabia and Hong Kong.

Production director Edi Widarto told the Jakarta Post the move was in response to increasing demand for commercial and naval vessels from domestic and foreign clients.

“PAL’s board of directors will travel to Jeddah to finalise the planned collaboration. As of now, the plan is still under discussion,” Edy said.

Aside from the production deal, Pal is also seeking funding from partner shipyards, including in Hong Kong.

It also wants to build shiprepair facilities in Banten and East Java.

Related

User