Pelindo I pumps in $2.7bn towards maritime highway programme

“The total amount of investment needed to carry out the construction of ports during the period 2015-2019 reaches IDR34trn, which will be covered by the company’s internal funds, bank loans and bonds,” Pelindo I president director Bambang Eko Cahyono said.

Bambang elaborated that Pelindo I has plans over the next five years to work on dozens of strategic projects, such as expanding shipping container terminals at Belawan seaport in Medan and deepening the sea channel at the same port, as part of the maritime highway programme. He said Pelindo I also aimed to straighten out, relocate and modernise Belawan port’s passenger terminals, as well as revitalize its dry bulk terminal.

Meanwhile in another of the major ports under its jurisdiction, Kuala Tanjung, Pelindo will develop a multipurpose terminal to support industrial zones in the area.

Bambang further said that other projects included the development of container terminals at Sibolga Port in Central Tapanuli, North Sumatra, as well as in Dumai and Malahayati ports in Aceh.Other plans include developing container terminals in Batam, Kijang, Tanjung Pinang, and in Perawang in Pekanbaru, Riau. The development of a liquid bulk terminal in Calang, Aceh, and a cargo dock in Gunung Sitoli, Nias, are also in the pipeline.

“All of the development and expansion projects are to be started this year with a completion period of between one and two years,” said Bambang.