tate-owned port operator Pelindo I has said there will be no changes to the plan for its Kuala Tanjung Port project in North Sumatra, despite a recent ministerial decision to alter its status as an international hub.
"It won't hamper our development plan. We have mid- and long-term plans [for the port], and it is not yet ready to be a hub," Pelindo I president director Bambang Eka Cahyana said.
He also said investors had not budged on the plan.
(Read also: Jokowi invites the Netherlands to invest in maritime projects)
Kuala Tanjung Port will be developed in several phases — first, the construction of a multipurpose terminal; second, the development of an industrial area; and third, the development of a container port and residential area.
The first phase of the project, costing Rp 34 trillion (US$2.5 billion), is slated to be finished and begin operating this year. Its current progress is at 68 percent.
Pelindo I has developed the port along with the Netherlands-based Port of Rotterdam Authority, as well as other interested investors such as Dubai-based port operator DP World. (bbn)
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