Operations at the new company, which will be called PT SCG Barito Logistics, are expected to begin in 4Q17. The investment builds on both Siam and Barito Group’s existing logistics operations in Indonesia.
Following the deal start-up of SCG Barito Logistics, both companies expected a “further increase in the competitive advantage in areas such as increased network coverage and enhanced cost efficiency, with future growth expansion towards other external clients bases across Indonesia.”
