Indonesia: Semen Indonesia has signed a memorandum of understanding with rail freight company Kereta Api Indonesia (KAI). Indonesia Government News has reported that the memorandum covers a planned increase in cooperation on rail-based transportation and medium and long-term land leases, the conduct of joint studies into railways and infrastructure and the development of other forms of potential cooperation.
President director Hendi Prio Santoso said, “This cooperation is a synergy to complement each other and provide the best results for both parties. Through the synergy that exists today, it is hoped that it can be more optimal in taking advantage of every opportunity, so that it can further contribute to the company, Badan Usaha Milik Negara (BUMN) and the Indonesian nation.” He added, “Today is the first step in a joint commitment. Hopefully, this cooperation can run smoothly and in accordance with our goals, expectations and planned target time.”