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Pelindo I's project to cost Rp4.39 trillion.

PT Pelabuhan Indonesia I (Pelindo I) has set aside Rp4.39 trillion to be spent on a number of projects until 2015. The projects will improve the productivity of the ports under Pelindo I, says Bambang Eka Cahyana, the commercial and business development director of the state port operator. Bambang said the four strategic projects are parts of the projects under the Master Plan for Acceleration and Expansion of Indonesian Economic Development (MP3EI). The projects include two special ports for crude palm oil (CPO) including expansion of the CPO port in Dumai to cost Rp173 billion and construction of new CPO port in Kuala Tanjung, North Sumatra to cost Rp580 billion. Two other projects are expansion of container terminal in Belawan to cost Rp 2.73 trillion and construction of Batu Ampar port in Batam Rp 910 billion. Construction of the port in Batam could start in 2013 to be completed in 2015, and expansion of the quay in the port of Dumai, Riau is urgent that it is expected to be operational in August. Meanwhile, construction of the CPO terminal in Kuala Tanjung, North Sumatra is expected to start in August, 2012 and is to be completed in a year. PT Pelindo I has completed feasibility study and analysis of environmental impact of the projects.
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Title Annotation:CORPORATE NEWS IN BRIEF
Publication:Indonesian Commercial Newsletter
Date:Mar 1, 2012
Words:216
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