The government has formed an ad hoc team to study several technical issues surrounding its ambitious Patimban deep-sea port project.
The team has been formed with representatives from several different ministries and has begun reviewing the project, which will be developed in cooperation with Japan, Transportation Minister Budi Karya Sumadi said on Tuesday.
“An ad hoc team formed from several different departments is not finalizing [a study] surrounding land, legal and technical issues. We are currently preparing the material,” he said following a meeting at the State Palace in Central Jakarta on Tuesday.
“The team is made up of people from the Agrarian and Spatial Planning Ministry, the Office of the Coordinating Economic Affairs Minister and the National Development Planning Board,” he added.
(Read also: Patimban Port expected to help boost automotive exports)
Patimban Port is among a number of national strategic projects that are expected to ease logistics in the country.
The port will have a container capacity of 1.5 million 20-foot equivalent units (TEUs) once it is partly completed by 2019 and then 7.5 million TEUs by 2027, which is half the capacity of Jakarta’s Tanjung Priok Port, the country’s busiest port.
The total investment value for the Patimban project is estimated to be around Rp 40 trillion (US$3 billion). The government is expected to control a 51-percent majority stake in the project, in which state-owned seaport operator Pelindo II will own 10 percent with investment worth Rp 4 trillion. (bbn)
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