For its part, Pelindo I will invest $55m. The deal involves both the implementation of new infrastructure and improved services at container terminals. Three shipping lines – Maersk, RCL and Meratus Line- are involved.
Indonesian ports court private investment
Indonesian state port operator, Pelindo I, has signed partnership agreements with 11 private-sector companies to develop logistics and ports business in the west of the country worth $500m over the next five years.
