Thu, 17 Jan 2008

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.

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.

Bambang said that JICT was targeting to handle a total of two million TEUs this year from 1.8 million TEUs handled last year.

"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.

He said after the completion of the expansion, the company would be able to serve three million TEUs per year.

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)