PT PAL seeks investors to expand shipyard capacity
The company wants funding not only for shipbuilding but also for design, materials, components and engineering services.
PT PAL Indonesia is opening investment opportunities and strategic partnerships to strengthen Indonesia's shipbuilding industry amid heavy demand for sea transport, energy distribution and interisland logistics. In Surabaya on Saturday, PT PAL Indonesia President Director Kaharuddin Djenod said Indonesia's maritime needs must be matched by higher production capacity, technology development and broader involvement from domestic supporting industries. He said investment opportunities are not limited to ship construction, but also include design, engineering, material supply, components and support services. PT PAL is also developing an Autonomous Unmanned Submarine as a research product that uses AI for the defense and maritime industries. The company said expanded investment across the supply chain could create jobs and add economic value at home.