Jakarta, Indonesia, March 4, 2022 /PRNewswire/ — Historic event for the Indonesian aviation industry, ACN Aeroteknik, a Asian freight network subsidiary, signed two Head Of Agreements yesterday with the local government company Bandarudara Internasional Jawa Barat (BIJB), owner of the international airport of Kertajati, West Java.
The first of the agreements provides for the establishment of a maintenance, repair and overhaul (MRO) facility at Kertajati International Airport. While the second agreement is for the development of a unique experience facility comprising an airport transit hotel, shopping mall, food court and exhibition center on the front of the airport building covering 15,000 m² of land.
Kertajati Aircraft Maintenance will be the first MRO hangar at Kertajati International Airport, and the second such hangar at West Java after Bandung. It will be built on an area of 9 hectares, and Asia Cargo Network has agreed to make an initial investment of $10 million to carry out the first phase of construction, which is expected to be completed within the next eight months.
This business decision is in line with strategic plans to not only expand the development of Kertajati International Airport as a travel hub in West Javabut also plans to expand operations to include MRO capability in West Java. Asia Cargo Network will be an integral part of these expansion plans in the first phase.
In the second phase, an area covering 5 hectares will then be developed to increase and add more growth to the shed, and further investments will be made over the next few years.
The ratification of the two heads of agreement is significant and signals expanded operating and service capabilities for the region, given the closure of Bandung Husein Sastranegara International Airport early last year.
The total land size for the MRO is 84 hectares and the entry of Asia Cargo Network is seen as the start of major redevelopment plans for the airport as it positions itself to become the logistics hub and maintenance center airplanes of Indonesia.
According to the DKUPPU of the Ministry of Transport, some 46% of aircraft in Indonesia carry out their MRO activities abroad, thus leaving an opportunity for growth in the local market. By essentially increasing MRO capabilities externally Jakarta and westward, costs can be made more efficient and growth opportunities are made more possible.
Marco IsaacAsia Cargo Network Group CEO said: “The MRO market in Indonesia is expected to grow 9.2% annually over the next three years, and we are proud to be working with BIJB and various other government agencies to bring to life what will be a game changer for both aviation and logistics. »
“After the completion of the construction of phases 1 and 2 in 2023, Kertajati Aircraft Maintenance will be able to serve MRO for dozens of aircraft each month, hence the tax advantage for the West Java the economy is huge. Especially with the addition of many new jobs in this sector, as well as the continued growth of the Indonesian aviation industry,” added Isaak.
590 hectares of the Kertajati International Airport development will be dedicated to the Aerocity logistics hub (industrial and warehousing center). It aims to become a leading green airport city and will include the establishment of a leisure centre, a 3-star and 5-star hotel and MICE facilities, among others.
Chairman of the Indonesian People’s Consultative Assembly (MPR) and Head of the Indonesian Chamber of Commerce and Industry (KADIN’s Law Enforcement, Security and Defense Relations Agency) Bambang Soesatyo with Commissioner of PT West Java International Airport (BIJB ) Yayat Hidayat and BIJB Director President mohamed singgih signed the Memorandum of Understanding between BIJB and ACN Aero Teknik.
Also present at the signing ceremony were Director General of Civil Aviation Novie Riyanto representing Transport Minister Budi Karya; Commissioner of PT BIJB Yayat Hidayat and CEO of PT BIJB mohamed singgih.
Other guests present included national contractors from Metland Group, Hariyanto, who will construct a Hajj dormitory with various facilities on 50 hectares of land at Kertajati International Airport, West Java.
Note to Editor: For images from the event, please see the Google Drive link here
About the Asian Freight Network
Asia Cargo Network (ACN) is the leading air freight charter services in South East Asia with a growing regional presence in Indonesia, Malaysia and Singapore. ACN provides cargo aircraft services, aircraft leasing, aviation-related services and integrated air cargo logistics services to e-commerce platforms, world-class courier companies, as well as corporate postal and natural resource explorers, oil drilling companies, airlines and freight forwarders. and shippers around the world. The Group was formed in Malaysia in 2015 and is made up of other companies, including World Cargo Airlines formerly known as POS Asia Cargo Express, a Malaysian freight forwarding company; Asia Cargo Airlines formerly known as TRI-MG Airlines, an Indonesian cargo carrier; and Aero Speed Aviation, a Singaporean integrated logistics company based.
SOURCE Asia Cargo Network