Indonesia Kendaraan Terminal (IPCC) Allocates Capex of IDR 83 Billion This Year

KONTAN.CO.ID - JAKARTA. The issuer of RoRo (Roll-on, Roll-off) terminal services, PT Indonesia Kendaraan Terminal Tbk (IPCC) this year allocates capital expenditure (capex) funds amounting to IDR 83 billion.

Endah Dwi Liesly, the Company Secretary, said that in 2024 IPCC will focus on development from both commercial and operational aspects.

“This is done by planning investments aimed at improving infrastructure and superstructure to support operational activities with a total budget of IDR 83 billion,” she revealed when contacted by Kontan, on Thursday (21/03).

Later, this capex fund will be allocated for several things. The first is for constructing a parking building to expand the stacking field capacity with a total area of 3.2 hectares (Ha), which will be built this year (initial stage).

“The second is for the paving of the stacking field covering 2.2 hectares (Ha). The third is for the creation of overspray nets around the Company's area,” she said.

The fourth is for the creation of gates and operational routes for domestic terminals and the addition of CCTV from the digitization of security; and the fifth is for major repairs to field H.

Endah added, that as a company engaged in Vehicle Terminal services for cargo loading and unloading services (Cars, Heavy Equipment, Trucks/Buses, and General Cargo), until now IPCC has 4 main services namely Stevedoring, Cargodoring, Receiving, and Delivery.

“In supporting IPCC activities, it focuses on the amount of cargo that can be served as well as security and ensuring that the cargo is suitable as export or import cargo,” she added.

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Additional services provided by the Company include a Vehicle Processing Centre (VPC), Equipment Processing Centre (EPC), Road Freight Service and Port Stock.

Then regarding the revenue and profit target, Endah said her side is quite positive looking at the opportunities this year by targeting an increase in revenue and a maximum two-digit profit.

“In 2024, IPCC targets an increase in profit and revenue of around 5-10% year on year,” she concluded.