SINGAPORE & JAKARTA, 09 November 2023 – Singapore Post Limited (SingPost) and Pos Logistics, have entered a memorandum of understanding (MOU) to advance cross-border logistics and eCommerce exports for Indonesian eRetailers.
With an expected annual growth rate of 10.41% for the next 5 years in Indonesia, it is expected that there will be 244.7 million eCommerce users and a projected market volume of US$67.30 billion by 2027.1
This partnership will explore ways to create an efficient supply chain from Indonesia to Europe, Australia, the Middle East, and the rest of Asia. The provision of services will also include linehaul and warehousing, as well as route optimisation.
Mr Ardian Cholid, CEO, Pos Logistics said, “As our continuous support to Indonesia eCommerce players in going global, we are confident to partner with SingPost where POS Logistics domestic capability and SingPost International network would greatly advance our export capability resulting important commercial expansion for both sides.”
Mr Li Yu, CEO International, SingPost said, “We are excited to partner Pos Logistics. With SingPost postal network and commercial trade lanes, we hope to help the Indonesian eRetailers grow their businesses with streamlined logistics processes, expanded market reach globally and enhanced delivery with scale and speed.”
The first export shipment has successfully been delivered from Jakarta to France in early November. More European destinations are in the line-up as the festive season approaches.
From left: Mr Faizal Rochmad Djoemadi, Chief Executive Officer, Pos Indonesia, Mr Li Yu, Chief Executive Officer, International, Singapore Post, Mr Ardian Cholid, Chief Executive Officer, Pos Logistics Indonesia, Mr Noel Singgih, Group Chief Information Officer, Singapore Post
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