Nusa Dua - Indonesia will have a tin logistics center in Marunda area, North Jakarta. The logistics center is scheduled to start operating in October this year.

Logistics center is called ICDX Bonded Logistics (ILBI). With this logistics center, importers no longer need to buy tin from Indonesia from tin storage centers in Malaysia and Singapore.

"The origin of this concept is started from government policy in March yesterday there is the concept of PLB. That is the origin of how to import goods that used to be parked in Singapore and Malaysia can be moved here, so it can be more efficient and cash flownya not incriminating the company. When we look at this opportunity, we say loh if the import can, why not export ?, "said CEO of Indonesia Commodity and Derivative Exchange (ICDX), in Sofitel, Nusa Dua, Bali, Monday (19/09/2016).

Megain said that tin can be stored in the logistics center before being exported so that entrepreneurs can be more cost-effective.

"Market participants who are here, when they put the goods in situ, will be immune to the rules and can afford more financial facilities because it is calculated as an offshore rate, not an onshore rate. If the onshore rate is seen from the country rate of Indonesia, but if it is considered export or other countries jurisdiction, financing rate will be much more competitive. So this should be there, so this is made to support the tin industry more competitive and advanced, "said Megain.

Director of Customs Facilities at the Directorate General of Customs and Excise of the Ministry of Finance, Robi Toni, said that the warehouse does not apply import duty for the ordering country. Therefore the price will be more efficient.

"This is a warehouse so goods that enter, do not need to pay import duties, taxes do not have to. If a new local sale is enforced, if the exchange is not, is considered to be export, "said Robi.

In this first stage, there will be tin which is included in PLB, but in the future some other commodities also follow.

"While tin now but this rule all the goods there are automotive, chemical, oil and gas, mining inaugurated the president who is for mining," said Robi. (Hns / hns)

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