indicators are determined in the Minister of SOEs Decree No. KEP-100/MBU/2002, while the operational aspect is adjusted to the Company’s business. In 2021, PT Pelabuhan Indonesia (Persero) score was 82.00 in the HEALTHY category with an AA score.
VIEW ON BUSINESS PROSPECTS PREPARED BY THE BOARD OF DIRECTORS
In general, global economic conditions are expected to improve in 2022, supported by increased mobility and the policy stimulus in various countries as well as their progress in handling COVID-19. Global economic growth is predicted to continue a positive trend until 2026, although it will follow an upward-sloping curve from the growth seen in 2021 of 5.5%. The pandemic created a new habit trend, one being the move to online shopping, and the e-commerce business has increased rapidly in response to this change. Most e-commerce goods are transported in container packaging this will have a positive effect on global container traffic growth. For non-container cargo, the market for domestic goods traffic still has huge potential as currently Pelindo has a small market share of the national market. Pelindo will cooperate in several schemes with non-container ports including the Special Terminal (Tersus)/Terminal for Self Interest (TUKS) and ports belonging to Government Ministries/Institutions (K/L).
Based on the economic conditions and the port industry predictions as well as the Company’s internal strength, the Board of Commissioners is of the opinion that the business prospects the prepared by the Board of Directors are correct. In addition, following the merger of Pelindo I, Pelindo III, and Pelindo IV into Pelindo II, the Board of Commissioners is optimistic that the Company will improve its performance in the short term and in the long term. The Board of Commissioners believes that the Company will take advantage of the opportunities that exist, including the Government’s Vision/Program for maritime infrastructure development and the intensification of government programs in the maritime sector that have the potential to support Pelindo’s integration plan. The Port Service potential and Value Chain Development will bring about a more integrated port service offering with services in the logistics, hinterland development, marine, and port services segments at PT Pelabuhan Indonesia (Persero). There are also opportunities for Pelindo to be supported by increased synergies with other SOEs in the shipping and logistics transportation segment.
VIEW ON THE IMPLEMENTATION OF CORPORATE GOVERNANCE
In carrying out its business activities, Pelindo, which is a combination of Pelindo I, Pelindo II, Pelindo III, and Pelindo IV always applies the principles of Good Corporate Governance in all business aspects by referring to the applicable laws and
