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Jakarta Post
The Jakarta Post
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Pelindo II allocates $721 million for Kalibaru, Sorong

  • Nurfika Osman

    The Jakarta Post

Jakarta | Wed, February 6 2013 | 09:23 am

PREMIUM State-owned port operator Pelindo II says it will spend Rp 7 trillion (US$721 million) to develop Kalibaru Port in North Jakarta and Sorong Port in West Papua.

The amount is up 230 percent from the Rp 2.1 trillion that the firm, also known as the Indonesian Port Corporation (IPC), allocated for investment in 2012.

IPC president director Richard Joost Lino said that construction of th...