IDB backs Indonesian development

The Gabion Container Terminal (TPK) project at the Port of Belawan in northern Sumatra could receive up to $2bn in funding from the Islamic Development Bank.

The location close to the Malacca Straits means that it could become a regional transshipment hub for containers. The project will take 10 years to implement with an initial 700 metre long quay mooted for the initial phase.

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