Tanjung Carat Port Project to Use KPBU Scheme, Involving Three Companies

The South Sumatra provincial government has assured that the construction of the new Tanjung Carat Port will not utilise funds from the national budget (APBN), but will instead be entirely executed through the Government Cooperation with Business Entities (KPBU) investment scheme. This strategic project will be undertaken by a consortium consisting of three major companies. Assistant II for Economy and Development at the South Sumatra Provincial Secretariat, Basyaruddin Ahmad, explained that the port’s development involves a strategic collaboration between PT Pelindo, Samudera Pasai Indonesia, and Sumatera Selatan Energy Gemilang (SSEG). “This is all KPBU investment. The process begins with the project launch on 9 April, followed by the formation of a Joint Venture (JV) and Port Business Entity (BUP),” clarified Basyaruddin on Monday (6/4/2026). The three companies will act as project initiators with certain share percentages. This consortium will subsequently establish a Special Purpose Vehicle (SPV) or Port Business Entity to serve as the technical and operational manager on-site. “This scheme is also designed to attract global investors in developing supporting facilities,” stated Basyaruddin. He cited the potential involvement of foreign parties, such as the Chinese government, in developing railway infrastructure integrated with the port. Currently, the South Sumatra provincial government is refining preparations for the project launch to clarify business governance and ensure support from major anchor tenants like PT Pusri, Pertamina, and PT KAI.