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Private firm pumping $310m into East Kalimantan coal portPrivate firm pumping $310m into East Kalimantan coal port

Perhaps encouraged by the promise of more support for the maritime transportation industry, more private money is flowing into Indonesian port infrastructure, with local media reporting that coal mining services company Asiatic Universal Indonesia planning to spend IDR4trn ($310.3m) for the construction of a coal port and processing plant in Muara Badak and Merangkayu in Kutai Kartanegara, East Kalimantan.

Vincent Wee, Hong Kong and South East Asia Correspondent

March 2, 2015

1 Min Read
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Construction of the facilities, which is part of the 14 coal ports to be built under the government’s plan, was meant to optimize state income for all coal-mining activity that would pass through the port and to help employ around 2,000 people locally, said Energy and Mineral Resources Ministry director general of mineral and coal R Sukhyar at the groundbreaking ceremony. The facilities are expected to be completed in two years.

“We hope that locals will be employed for the construction, and once it is done, there will be more service and capital goods suppliers coming from East Kalimantan,” said Sukhyar, adding that the central government would equip the port with facilities for port masters, customs and monitoring.

The port will have a 17-km long conveyor belt connecting from the processing plant.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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