Pelindo to built new multipurpose terminal

Pelindo to built new multipurpose terminal

The Jakarta Post, Jakarta

In order to increase the capacity of Tanjung Priok International
Seaport, state-owned port operator PT Pelindo II is developing a
500-hectare multipurpose terminal in East Ancol, North Jakarta,
which is expected to commence operation in 2012.

"We are currently at the reclamation stage and this will be
followed by the building of the terminal," Pelindo II corporate
secretary Hendra Budhi said on Saturday, adding that as soon as
the required 40 hectares of land had been reclaimed, the
construction stage would start.

Hendra explained that after reclamation work was completed in
2009, the first facility to be built would be a 300-meter-long
dock.

As stated on its website, the new terminal will add 2.7
million TEUs (20-feet equivalent units) to Tanjung Priok's
current capacity of 1.1 million TEUs. The increase was expected
to meet the projected demand of around 4 million TEUs by 2012.

The overall project would also include the construction of a
car terminal with a capacity of close to 900,000 units and a bulk
terminal with a capacity of 3.2 million tons.

Pelindo II has outsourced construction of the project to
investor PT Manggala Kridayudha -- including the reclamation
project -- with the latter being entitled to operate 375 hectares
of the port for 20 years after the completion of the project.

"The remaining 175 hectares will be self-operated by Pelindo
II," Hendra said.

The total investment needed for the project was Rp 8.42
trillion, according to the Pelindo II website.

Despite criticism of inefficiency in the country's ports,
Pelindo II projects that goods shipments through its ports will
amount to 132.2 million tons this year.

Given such growth, the company says it expects to book a
profit of Rp 876 billion in 2005.(003)