FIC
IPC's Business Development Strategy
Transportation has a key role in the distribution of goods. Sea transportation is the cheapest than other kind of transportation. Indonesia as an archipelagic country is highly dependent on sea transportation for distributing goods between islands. Traffic of goods in to Indonesia through seaports reached 94%, while through the airport was 6% only.Indonesian Port Corporation (IPC) is one of four state owned enterprises (SOEs) that engaged in port services providers. The Government of Indonesia is still directly control the operations through many regulation to ensuring equal distribution and economic growth.Company's performance can be measured by comparing the financial statements during the periods by method of growth analysis, financial ratio analysis, capital budgeting analysis, and economic value added (EVA) analysis.This study is purpose to understand about performance of IPC during 2008-2012 that showed by statistical data and financial statements. The result showed that IPC has managed to get a positive company’s growth and increased the economic value of a company's. The EVA measurement indicated positive (>0). On the other hand, IPC has successfully carry out its duties in maintaining the distribution of goods between islands.