Kudos to Pelindo I

I have been criticizing the management and system of the state-owned Indonesian Port Corporation (Pelindo), esp. on their cross-subsidization scheme. That is, if one Pelindo (we have four) books a loss, the others should subsidize it. This system creates no incentive to self-improve.

So, the news in the Jakarta Post (21/8) that Pelindo I has inked a joint commitment with private firms and local governments on a port development program is a good news.