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 that this standby loan was scheduled to be used to finance the Kalibaru port project, should Pelindo win the rights to build the port. The tender process for this North Jakarta port project is still ongoing at the Ministry of Transportation, Tempointeractive reports.
Zulkifli Zaini said that the bank believed Pelindo II was the correct choice for the mega-projects. "Pelindo II excels in these projects because the company has indeed met the necessary requirements," Zulkifli said on Tuesday. The cost of the Kalibaru port project will cost an estimated Rp 20 trillion. The North Kalibaru Port would add up to 6 million TEUs, or twenty-foot equivalent units, of cargo capacity to the existing Tanjung Priok Port in North Jakarta. The construction of the facility is expected to be completed in 2017.
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.
Zulkifli Zaini said that the bank believed Pelindo II was the correct choice for the mega-projects. "Pelindo II excels in these projects because the company has indeed met the necessary requirements," Zulkifli said on Tuesday. The cost of the Kalibaru port project will cost an estimated Rp 20 trillion. The North Kalibaru Port would add up to 6 million TEUs, or twenty-foot equivalent units, of cargo capacity to the existing Tanjung Priok Port in North Jakarta. The construction of the facility is expected to be completed in 2017.
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.