Republic of Indonesia Exports Military Aircraft to Nepal

SERIKATNEWS.COM - Indonesia exports CN235-220 aircraft made by PT Dirgantara Indonesia (Persero) to Nepal. The CN235-220 Military Transport order aircraft from the Nepalese Army is the realization of the delivery of a contract that was signed between PT DI and the Nepalese Army.

The signing was done on June 16, 2017 with the contract number MGO / Fixed Wing / 073/74/65. Whereas the aircraft production financing for the Nepalese Army is fully funded by the Indonesian Export Financing Agency (LPEI) or Indonesia Eximbank using the National Interest Account (NIA) scheme or the Special Export Assignment (PKE).

"The support provided by LPEI to PT DI is one form of strategy to demonstrate that aircraft products made in Indonesia are able to compete in the international market," said LPEI Senior Executive Vice President I Yadi J. Ruchandi through his written statement, Wednesday (10/30/2019) .

The provision of NIA facilities to PT DI is a realization of the Decree of the Minister of Finance (KMK) Number 512 / KMK.08 / 2018, concerning Amendments to the Decree of the Minister of Finance Number 649 / KMK.08 / 2017, concerning Special Assignments to the Indonesian Export Financing Institution to Provide Airplane Export Financing.

NIA is a mandate given by the Government to LPEI to improve product competitiveness and encourage national strategic industries to export to non-traditional countries.

Meanwhile, LPEI Executive Director Sinthya Roesly added, the performance of national industrial exports is very important for increasing the value of the trade balance. For this reason, efforts are needed in increasing the value of exports both in terms of export volume and export destination markets.

Quoted from Kompas, PT DI's success in fulfilling the orders of the State of Nepal can increase interest for other countries in aircraft products made in Indonesia. Airplane exports to Nepal have strategic value for PT DI because overseas customer satisfaction is one of the main requirements in evaluating international tenders.