Indonesian Political, Business & Finance News

Sabang int`l seaport to operate in 2012

| Source: ANT
Banda Aceh (ANTARA News) - Aceh province`s Sabang international seaport which is now under construction is scheduled to commence operations in 2012, the port`s administrator said.

"The project is to support the economic growth of the Sabang Free Port and Trade Area," Sabang Port Administrator Teuku Saiful Ahmad said here on Friday.

He said the port would have a pier with a length of 423 meters. Ahmad said the total length of the port`s piers was 2,600 meters. The project would cost Rp8 trillion.

The first phase of the construction covered a total length of 1,600 meters with funds taken from the state budget.

"Of the total amount of funds needed for the construction of the 2,600 meter project, about Rp5.5 trillion will go to a foreign contractor, namely Dublin Port of Ireland," he said.

For the construction of the 423-meter pier, the government would in stages allocate Rp1 trillion from the state budget while the project was to be completed in 2012.(*)
Tags: business
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