Indonesia to Construct Ports in Papua

State port operator PT Pelabuhan Indonesia II (Pelindo II) is scheduled to construct two new ports in Indonesia, one in Kalibaru of North Jakarta, and another in Sorong, Papua. Having signed a Rp 11 trillion loan with PT Bank Mandiri, the bank’s CEO Zulkifli Zaini confirmed on Tuesday (26/7) that this standby loan was scheduled to be used to finance the Kalibaru port project, should Pelindo win the rights to build the port.

Richard Joost Lino, CEO of Pelindo II, added that Pelindo II was also working toward plans to construct a Rp 1 trillion port in Sorong, Papua. He added that 30 percent of total investment value for the port in Papua would come from Pelindo, with the remainder coming in from private sectors. Pelindo II will put the project up for tendering process this year, and expects construction to begin in 2012. The state company has formed a consortium with major shippers to build this port – PT Pelayaran Tempuran Emas Tbk, PT Samudera Indonesia Tbk, PT Meratus Line, and PT Salam Pacific Indonesia Line (SPIL).

State-Owned Enterprises (SOEs) Minister Mustafa Abubakar said that the project construction would support the development of Indonesia’s eastern region. “The port is expected to be operational by 2013,” said Abubakar.

Source: Tempointeractive

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1 Comment

Filed under Development, Economy, Papua

One response to “Indonesia to Construct Ports in Papua

  1. Thanks, Indonesia to Construct Ports in Papua | West Papua News Network is a really excellent blog. I adore the information posted here regurarly and I frequently come back here for more. Just keep updating it.

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