The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57% to 55,000 ton equivalent units (TEUs), The Jakarta Post reported Thursday (17/1/08).
The terminal, at Tanjung Priok port in North Jakarta, will also procure handling equipment, build a road access to the Jakarta Outer Ring Road and create additional entry and exit gates for a total investment of $150 million. Work is expected to start in March for completion in 2011.
President director Bambang Bhakti said that JICT was targeting to handle a total of two million TEUs this year from 1.8 million TEUs last year. "This means we are targeting to handle around 170,000 TEUs every month," he said.
JICT is a joint venture company owned 51% by Hutchinson Port Holdings and 49% by state-owned company PT Pelabuhan Indonesia (Pelindo) II and the maritime employees cooperative.
Up to 60% of import-export activities in the country are carried out through the Tanjung Priok port.