Construction of the new 1.5m teu capacity container facility in Kalibaru Port, the expansion of Indonesia’s largest and busiest seaport Tanjung Priok Port in North Jakarta, is on schedule, with the first terminal expected to be completed by the middle of next year, according to the Jakarta Post.
We have committed to finishing the first 850 m long terminal on time; progress is on schedule,” said president director of PT Pengembang Pelabuhan Indonesia (PPI), Dani Rusli.
PPI is a subsidiary of PT Pelabuhan Indonesia II (Pelindo II), also known as the Indonesia Port Corporation, and appointed Japanese conglomerate Mitsui Co. as a joint-venture operating partner on a 51% and 49% stake respectively.
Once the first terminal is complete, Mitsui will build two further terminals with an additional capacity of 4.5m teu; these are expected to be operational in 2018. Total investment will be in the region of Rp25tr (US$2.1bn).
The new facility is required as container throughput at Tanjung Priok last year (2013) reached 6.2m teu against an existing capacity 7.5m teu.