ASIA

Dublin Port Company active in Indonesia

19 years ago

Sabang Free Trade Zone Management Board in Indonesia’ s Aceh province has put together a joint venture with Dublin Port Company of Ireland to undertake a $445m investment in the Port of Sabang.

The new company, which will be known as PT Sabang Hub International Port, will build the port for a scheduled completion within five years. Current status is one of prequalification for consultants wishing to design the port. The concession period will be for 50 years.