Business Data
Industry Trend Analysis - CMA CGM Seeks Entry T o Indonesia's High-Potential Consumer Market
French container line and terminal operator CMA CGM is reportedly seeking to increase its expos ure to the Indonesian container shipping market by participating in a new-build port project. BMI believes Indones ia holds massive cons umer potential, with the country shifting to become a consumer-based economy by 20 13. One of the main threats to the realis ation of this g rowth in the country is the lack of s upply chain development, which will be required to cater for the projected rise in consumer demand. Companies that s tand to benefit from Indonesia's consumer demand story, such as container lines , should get involved in the development of supply networks , not only to aid the country's development, but als o to g et in on the g round floor to ens ure future exposure. The line has expressed an interest in developing a hub at the country's lates t planned port project, the port of Karawang , according to Bisnis Indonesia. Indones ia's state port operator PT Persero Pelebuhan Indonesia II (Pelindo II) has stated that it plans to hold a limited tender, inviting five of the main global shipping companies to participate in developing the port.
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