State port operator Pelindo II intends to build three new ports within two years to help reduce the country’s logistics costs, informs 'The Jakarta Post'
In addition to the much anticipated Kalibaru Port that is expected to cost Rp 22.6 trillion (US$2.39 billion) in the first investment phase, Pelindo II will construct new ports in Tanjung Sawuh, Batam; Riau Islands province; and Sorong in West Papua, said president director Richard Joost Lino.
“At the end of July, we will sign an agreement with the China Merchant Holding to construct a container terminal and an iron ore trans-shipment terminal in Batam,” Lino said on the sidelines of a logistics discussion with the Indonesian Chamber of Commerce and Industry (Kadin).
Pelindo II is set to begin construction of the 4 million 20-foot equivalent units (TEUs) facility next year.
Total investment for the Tanjung Sawuh Port is projected to reach Rp 20 trillion, Lino said. “We believe that this port will be able to commence operations in 2016,” he added.
In addition, the ground-breaking of the 1.4 million TEUs Sorong Port, which cost Rp 10 trillion, is going to be carried out during the second semester of this year.