Self-Managed Versus Extension

July 11, 2017

The extension of the cooperation contract between Pelindo II and Hutchison Port Holdings has been in the works for a long time. Based on the findings of the Supreme Audit Agency (BPK), the discussions began in 2011, or eight years before the management contract expires in 2019. On August 5, 2014, an extension to that business cooperation agreement was signed.

The BPK found that the extension violated numerous regulations. One of them was the ob

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