Container port for Surabaya<\/p>\n
JAKARTA (JP): State-owned PT Pelabuhan Indonesia III
\nand the privately-owned PT Citra Samudra Terminal Petikemas will
\nbuild a container terminal at Surabaya's Tanjung Perak port in
\nEast Java.<\/p>\n
The new container terminal will cost Rp 241.22 billion.<\/p>\n
Under an agreement the two companies' signed yesterday, the
\ncontainer terminal will have a capacity of a million Twenty-feet
\nEquivalent Units -- twice its present capacity.<\/p>\n
\"Construction started last December and the first phase will
\nbe ready in April 1998,\" Pelabuhan III's president, Herman
\nPrayitno, said after signing the agreement.<\/p>\n
The terminal will have 500-meter piers.<\/p>\n
Citra Samudra will provide 60 percent of the money and
\nPelabuhan III 40 percent.<\/p>\n
Citra Samudra is 45 percent owned by Samudra Indonesia Group
\nand 55 percent by PT Citra Lamtorogung Persada.<\/p>\n
The director-general of sea transportation, Soentoro, said
\nCitra Samudra won the project after a three-year assessment.<\/p>\n
He said the government had also invited private firms to
\ndevelop other seaports including West Java's Ciwandan and the
\nexpansion of East Java's Gresik.<\/p>\n
Other seaports and container terminals developed by private
\nfirms include West Java'a Bojanegara and Jakarta's Tanjung Priok.
\n(icn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/container-port-for-surabaya-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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