Gading Sari Signs Deal With Pos Indonesia

By Mohd Nasir Yusoff, Bernama.com

JAKARTA, Jan 18 (Bernama) -- PT Gading Sari Indonesia, a subsidiary company of Gading Sari Aviation Services Malaysia Sdn Bhd, a logistics company, Thursday signed a partnership agreement with PT Pos Indonesia to modernise the latter's facilities and consequently start a new era in the postal services of Indonesia.

The event which also marked the official establishment of PT Gading Sari, was graced by Tengku Mahkota Pahang Tengku Abdullah Sultan Ahmad Shah at a leading hotel here.

Also present was Indonesia's Minister for State Owned Enterprises Indonesia Soegiharto and Malaysia's Finance Ministry Secretary General Datuk Dr Hilmi Yahya.

Besides looking at a potential market of 230 million people in Indonesia, the partnership is also expected to open the doors for the two parties, PT Gading Sari and PT Pos Indonesia, to jointly explore expanding into the wider Asean market.

After Indonesia, Gading Sari Aviation Services Malaysia is also looking into exploring opportunities in Vietnam and China.

Under the deal, PT Gading Sari will initially help PT Pos Indonesia set up its land, sea and air transportation faclities as well as modernise its storage, logistics and communication facilities.

Chief Executive Officer of PT Gading Sari, Taufick D. Mochtar, said that his company considered it an honour to help PT Pos Indonesia and aimed to push up PT Pos Indonesia as an international level company in the logistics industry.

Meanwhile, the chief director of PT Pos Indonesia Hana Suryana said that the partnership was its initial step towards establishing a vision and an Initial Public Offer in 2010.

For this, PT Pos Indonesia would require strategic alliances such as what it has with PT Gading Sari, he said.

At the event today, PT Gading Sari also launched its operations as the agent of Columbia Aircraft which provides executive jet charter services.