Samudera spies opportunities for growth in Indonesia

MAINBOARD-LISTED Samudera Shipping Line sees opportunities for growth in Indonesia as the country's new Omnibus Law paves the way for increased foreign investment.

Chief executive officer Bani Mulia, who assumed the role in September last year, noted that the new law will create an environment that is friendlier to investors and foreign investment alike.

"This new policy in Indonesia will attract a lot of investment there, and we're talking to partners (on) opportunities to secure logistics contracts, including shipping contracts," said Mr Mulia. In time to come, he hopes that Indonesia will become a bigger contributor to Samudera's business.