{
    "success": true,
    "data": {
        "id": 8817,
        "msgid": "container-terminal-set-for-massive-expansion-1200529023",
        "date": "2008-01-17 07:17:03",
        "title": "Container terminal set for massive expansion",
        "author": "",
        "source": "JP",
        "tags": "business",
        "topic": null,
        "summary": "JAKARTA (JP): The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57 percent to 55,000 twenty-foot equivalent units (TEUs), president director Bambang Bhakti said Wednesday.",
        "content": "<p>JAKARTA (JP): The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57 percent to 55,000 twenty-foot equivalent units (TEUs), president director Bambang Bhakti said Wednesday.<\/p>\n<p>The leading container terminal at Tanjung Priok port in North Jakarta will also procure some capacity handling equipment, build a road access to the unfinished Jakarta outer ring road and add its existing four entrance gates by 24 and its four exit gates by four with a total investment of US$150 million.<\/p>\n<p>Bambang said that JICT was targeting to handle a total of two million TEUs this year from 1.8 million TEUs handled last year.<\/p>\n<p>\"This means we are targeting to handle around 170,000 TEUs every month,\" he said, adding that the construction, which would start in March, was expected to finish in 2011.<\/p>\n<p>He said after the completion of the expansion, the company would be able to serve three million TEUs per year.<\/p>\n<p>JICT is a joint venture company owned 51 percent by Hutchinson Port Holdings and 49 percent by state-owned company PT Pelabuhan Indonesia (Pelindo) II and the maritime employees cooperative. (ind)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/container-terminal-set-for-massive-expansion-1200529023",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}