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2011 August 26   10:12

Indonesia shortlists five investors for Jakarta Port extension

The Indonesian government has short-listed five potential investors for an US$1.37 billion extention project for the Jakarta Port scheduled to start before the end of the year, reported Dow Jones Newswires.
Transportation Ministry spokesman Bambang Ervan said that the short-listed companies are state-owned port operator Pelindo II; a consortium between port operators Pelabuhan Socah Madura and Port of Singapore Authority; a consortium formed by Pelindo I, International Container Terminal Services Inc (ICTSI) and Rajawali Cemerlang; a consortium of 4848 Global System, Mitsui & Co, Taiwan's Evergreen Group, PT Nusantara Infrastructure; and a consortium comprising Huchinson Port Indonesia, Brilliant Permata Negara, Salam Pasific Indonesia Lines and Cosco Pacific.
Ervan said the project is expected to be completed by 2015. "This will [increase] the handling capacity of the port by 1.8 million containers," he said.
The government is striving to improve vital infrastructure, such as seaports and roads, across the country in order to lure investment.

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