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Jakarta Post
The Jakarta Post
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Pelindo III allocates $634 million for port developments

  • Nurfika Osman

    The Jakarta Post

Jakarta | Wed, February 13 2013 | 09:43 am

PREMIUM State-owned port operator Pelindo III says it will spend Rp 6.1 trillion (US$634.4 million) this year, almost half of which will be used to develop regional ports and buy container cranes to ease port congestion.

The total amount is a fourfold increase from the Rp 1.5 trillion the firm spent last year.

Some of the money will be used to acquire 2,500 hectares of land in East Java for ...