Rotterdam enters JV agreement for construction of Port in Indonesia

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Rotterdam enters JV agreement for construction of Port in Indonesia

December 19, 2016 - 00:00
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The Port of Rotterdam Authority signed a joint venture agreement with the Indonesian state-owned port corporation Pelindo 1.

The main purpose of this joint venture is to prepare the development of the port of Kuala Tanjung.

Kuala Tanjung is a port project of national importance in the province of North Sumatra, strategically located on the Strait of Malacca. The joint team of Pelindo 1 and the Port of Rotterdam Authority have been entrusted with preparing an investment decision.

The Port Authority also signed a memorandum of understanding (MoU) regarding the expansion of the port of Jakarta. This MoU was entered into by Pelindo 2 (the state-owned port corporation bearing responsibility for Jakarta, among other ports), JakPro (the land development company of the City District of Jakarta) and the Port of Rotterdam Authority. The three parties have agreed in this MoU to jointly direct and support a preparatory feasibility study for the future expansion of the port of Jakarta at the so-called O, P and Q islands.