Container port for Surabaya

Container port for Surabaya

JAKARTA (JP): State-owned PT Pelabuhan Indonesia III
and the privately-owned PT Citra Samudra Terminal Petikemas will
build a container terminal at Surabaya's Tanjung Perak port in
East Java.

The new container terminal will cost Rp 241.22 billion.

Under an agreement the two companies' signed yesterday, the
container terminal will have a capacity of a million Twenty-feet
Equivalent Units -- twice its present capacity.

"Construction started last December and the first phase will
be ready in April 1998," Pelabuhan III's president, Herman
Prayitno, said after signing the agreement.

The terminal will have 500-meter piers.

Citra Samudra will provide 60 percent of the money and
Pelabuhan III 40 percent.

Citra Samudra is 45 percent owned by Samudra Indonesia Group
and 55 percent by PT Citra Lamtorogung Persada.

The director-general of sea transportation, Soentoro, said
Citra Samudra won the project after a three-year assessment.

He said the government had also invited private firms to
develop other seaports including West Java's Ciwandan and the
expansion of East Java's Gresik.

Other seaports and container terminals developed by private
firms include West Java'a Bojanegara and Jakarta's Tanjung Priok.
(icn)