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Pelindo I allocates Rp 34t to support maritime highway
State-owned port operator PT Pelindo I (Persero) says it has invested Rp 34 trillion (US$2
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tate-owned port operator PT Pelindo I (Persero) says it has invested Rp 34 trillion (US$2.69 billion) to develop ports in order to support the maritime-highway construction program initiated by President Joko 'Jokowi' Widodo.
'The total amount of investment needed to carry out the construction of ports during the period 2015-2019 reaches Rp 34 trillion, which will be covered by the company's internal funds, bank loans and bonds,' Pelindo I president director Bambang Eko Cahyono said as quoted by Antara news agency at the firm's office in Jakarta on Wednesday.
Bambang explained that within the next five years, Pelindo I would work on dozens of strategic projects, such as expanding shipping container terminals at Belawan seaport in Medan and deepening the sea channel at the same port, as part of the implementation of the government's so-called maritime highway.
He said Pelindo I also aimed to straighten out, relocate and modernize Belawan port's passenger terminals, as well as revitalize its dry bulk terminal.
In Kuala Tanjung, Pelindo will develop a multipurpose terminal to support industrial zones in the area.
Bambang further said that other projects included the development of shipping container terminals at Sibolga Port in Central Tapanuli, North Sumatra, as well as container terminals in Dumai and Malahayati ports in Aceh.
Pelindo I also plans to develop shipping container terminals in Batam, in Kijang, Tanjung Pinang, and in Perawang in Pekanbaru, Riau. The development of a liquid bulk terminal in Calang, Aceh, and a cargo dock in Gunung Sitoli, Nias, are also in the pipeline.
'All of the development and expansion projects are to be started this year with a completion period of between one and two years,' said Bambang.
In working on the projects, Pelindo I will cooperate with other state-owned enterprises such as developers Waskita Karya, Wijaya Karya and Hutama Karya, state-owned aluminium maker PT Indonesia Asahan Aluminium (Inalum) and state plantation company PTPN III. (ebf)(+++)
