Portek buys stake in Indonesian operator

Portek International has acquired a 67% stake in an Indonesian port operator called PT Dwipahasta Utamaduta (DHU).

Portek’s CEO Tsuyoshi Kamihira, said: “We are pleased to expand Portek’s terminal operations portfolio with the addition of DHU. We are confident that DHU, one of the largest domestic terminal operators in Tanjung Priok, Jakarta will become an integral part of Portek.”

“We have brought in new management who will bring their international port operations and management expertise to the company. DHU will also tap into Portek’s engineering expertise by collaborating with PT. Indo Log, an engineering subsidiary of Portek in Indonesia, to operate and maintain the modern equipment in the terminal.”