Jakarta. Chandra Asri Pacific (Chanda Asri Group) recently expressed confidence in its infrastructure business.

Last year, the company decided to expand from the petrochemical sector into the chemicals and infrastructure industry. Chandra Asri Group has also carried out some spin-offs of its port and tanks businesses, which were initially used for the company’s internal needs. Chandra Asri Group hopes this will open up opportunities to serve other companies in the Cilegon industrial area, to take advantage of the large potential and high demand for services to the local ports.

According to Chandra Asri Group’s director of human capital and corporate affairs Suryandi, the infrastructure assets were originally under the company’s petrochemical business. These assets are expected to become a business line that can later generate revenue.

“The infrastructure business that we will carry out is not only related to Chandra Asri Group's petrochemical business operations," Suryandi said.

Suryandi hopes that the opening of port and tank facilities for other industries will provide long-term benefits for Chandra Asri and the new infrastructure entity. Suryandi added: “This will create greater growth opportunities and improve the performance of the infrastructure sector as a whole.”

Chandra Asri Group is also planning to explore further expansion opportunities in the infrastructure business, with a focus on development in the energy, water, and port sectors, including identifying and evaluating opportunities that can expand reach and increase operational efficiency.

As a growth partner, Chandra Asri Group is always open to partnering with various parties to support rapid growth through merger and acquisition strategies, as well as organic growth, according to Suryandi. This should enable the company to expand its markets and boost its business capabilities.