Indonesia is the largest archipelagic country in World. Its expanse reaches 5.2 million square kilometres, with the number of islands 17,508. Two thirds of Indonesia's territory is ocean. Coastline along 80,791 km. With the geographical condition and the area of Indonesia owned It certainly stores the high economic potential of its natural resources. It also requires the development of maritime industrial infrastructure Energy, defence and security in particular the sea is solid and integral.

The existence of PT PAL Indonesia (Persero) Has a very important and strategic role in supporting industrial development National energy and defense and brought Indonesia as a Global Maritime market leader. Mastery of technology and development Quality Products by PT PAL Indonesia (Persero) in the field of industry Maritime, energy and national defence such as the construction of Fast missile, Landing Platform Dock, Diesel submarine Electric U209/1400, as well as a pressure vessel/balance of Plant) to 625 MW, as well as other oil and gas products.

Travel the Indonesian nation in an effort Independence in the field of defence of the sea not escape from the role of all sectors That give more attention to both the defence and energy sectors Government, industry and institutional institutions. Seeing the potential, PT PAL Indonesia (Persero) continues to strengthen cooperation with various parties to To support the smooth sector of maritime, energy, and defence infrastructure One with PT Asuransi Jasa Indonesia (Persero). PT Insurance Services Indonesia (Persero) as an SOE engaged in the field of insurance continues Provide support through a good corporate cooperation insurance product Insurance engineering, oil and gas, financial insurance and Vessel Insurance.

The existence of the synergy of BUMN that continues to be established between PT PAL Indonesia (Persero) and PT Asuransi Jasa Indonesia (Persero) since 2015 began with the support of the development of a Strategic project Sealift Vessel (SSV) owned by the Philippine Navy Guarantee with a total value of USD 30 million for the issuance of collateral for buyers and guarantees to support the procurement of equipment imports. The initial cooperation was expanded on the issuance of collateral and counter letter of credit on several projects such as Strategic development Sealift Vessel (SSV), construction of tug boat, Mid Life Modernization (MLM) KRI Malahayati-362, EPCI re-tubing Condenser Suralaya, as well as the construction of the 4th, 5th and 6th missile speedboats.

Figure 1. Synergy between PT PAL Indonesia (Persero) and PT Asuransi Jasa Indonesia (Persero)

The support of PT Asuransi Jasa Indonesia (Persero) to PT PAL Indonesia (Persero) as a form of BUMN synergy has been strengthened by the increase in the insurance guarantee to Rp 1 trillion. It is reflected in the cooperation agreement signed by Mr. Ir. Budiman Saleh., M.S., Ph.D as President Director of PT PAL Indonesia (Persero) and Mr. DR. Sahata L Tobing, M.M., AAIK as the director of insurance business development of PT Asuransi Jasa Indonesia (Persero) on Thursday, 05 September 2019.

Picture 2. Signing of cooperation agreement between PT PAL Indonesia (Persero) and PT Asuransi Jasa Indonesia (Persero)

As an effort towards Indonesia advanced, must have courage including courage to leave the comfort zone, responsive to change, the firmness in making the best decision for the common interest although not populist. Synergy, collaboration in innovation must be a relentless spirit to build a more productive country in various lines and areas including to realize Indonesia into a developed and independent country in the maritime industry sector, Energy and defence and to realize Indonesia as a globally competitive industry leader.

Prepared by: Department of Public Relations of PT PAL Indonesia (Persero)