: Transportation & Storage - Invest Bandung

Transportation & Storage

The transportation and warehousing provision sector is one of the sectors that has been heavily affected by COVID-19, especially shipping services. Restrictions on physical interaction due to COVID-19 have resulted in increased interest in goods delivery services within cities, but have reduced export-import activities due to restrictions on activities between countries.

Characteristics

According to the Minister of SOEs, the transportation and warehousing/logistics sector will be one of the potential sectors in the next 5 years. This sector relies on the trade sector as a sector to support the distribution of goods and also plays an important role in the transportation system to meet the basic needs of the community during a pandemic.

Sector Economic Growth and Investment Value

Based on data from BPS Bandung City in 2020, the value of GRDP in the transportation and warehousing sector has decreased every year. This sector experienced a decrease in the GRDP figure from 2018 to 2020. The GRDP value from 2018 to 2019 decreased by 0.42% and from 2019 to 2020 experienced a fairly large decline, namely by 23.6%.

Companies that are business actors in this sector include JNE, TIKI, JNT, Ninja Express, Garuda Indonesia, KAI, Angkasa Pura II, Jasa Marga, Pos Indonesia, and others.

List of Investment Opportunities