Bank BJB and Horticulture Association Sign Cold Chain Ecosystem Partnership
The memorandum, signed 11 November at INNOFOOD 2026 in Tangerang, makes bank bjb the partner bank for a cold chain ecosystem spanning production, storage, distribution and marketing of food products.
Regional bank Bank bjb and the Indonesian Horticulture and Plantation Association (HKTI) signed a memorandum of understanding on 11 November at the INNOFOOD 2026 exhibition in Tangerang to develop the HKTI Cold Chain Ecosystem. Under the agreement, bank bjb becomes the ecosystem's partner bank, providing banking services and payment systems across the chain - production, handling, storage, distribution and marketing of horticultural and food products.
The deal reflects how cold chain development in Indonesia is being organized as ecosystems rather than single-company projects, bringing together banks, farmer cooperatives and small enterprises. That structure creates demand beyond the refrigerated warehouses themselves: small participants in the chain need low-cost digital tools for record-keeping, payment and documentation, and the bank's payment rails become the connective layer. Execution detail - including any technology vendor selection - has not been announced.