State run port firm Pelindo II, also known as the Indonesian Port Corporation (IPC), on Friday kicked off the development of the Kalibaru Port in North Jakarta, which is to become the country’s largest industrial port.
President Susilo Bambang Yudhoyono led the ground breaking ceremony marking the start of the Rp 22.66 trillion (US$2.47 billion) project. Transportation Minister E.E Mangindaan, Coordinating Economic Minister Hatta Rajasa, State Owned Enterprises Minister Dahlan Iskan, Public Works Deputy Minister Achmad Hermanto Dardak, Jakarta Governor Joko “Jokowi” Widodo and IPC president director Richard Joost Lino also joined the ceremony.
In his address, Yudhoyono said that the Kalibaru Port, which would have capacity of handling 13 million 20-foot containers, was crucial to remove logistic bottlenecks in the country.
“Every infrastructure project whethe...