US$3bn Patimban Port project to begin in July
Work on a $3bn project to build Patimban Port in Indonesia is anticipated to begin in July with the aim of the port being partially open for operation in March 2019.
Indonesia's Ministry of Transportation said that a government deal to award a $1.2bn construction contract to a consortium of three Japanese companies and two Indonesian companies is in the process of being finalised. Nikkei Asian Review reported that Japan's Penta-Ocean Construction, Toa and Rinkai Nissan Construction, plus state-owned construction firms Wijaya Karya and Pembangunan Perumahan, will handle part of the first phase project.
“God willing, if there is no problem the groundbreaking will be in early July 2018,” said Transportation Minister Budi Karya Sumadi, according to Tempo.
Major transport hub
The Indonesian government envisions Patimban, to be located 150km east of Jakarta, becoming a major Southeast Asian transport hub, along with the port of Tanjung Priok in northern Jakarta.
The Japanese International Cooperation Agency is believed to be supplying a loan to the Indonesian government for the project.
Construction of the port’s car terminal was expected to be completed in March 2019, with the port opening fully in 2027.
LATEST PRESS RELEASES
In 2016 we were awarded with the supply of fender systems for the entire new port of Turkmenistan's ... Read more
SOGET and Microsoft: a strategic partnership for a secure digitization of ports in France and worldwide
SOGET, world specialist in Port Community Systems (PCS), and Microsoft, world leader in technology, ... Read more
The new Echoscope® 4G Performance Pack Upgrade presents an opportunity for our existing customers to... Read more
Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese "Joint Ocean Innovation" Strategic Subsea Projects
The Nippon Foundation and Scottish Enterprise R&D Program provides funding of up to $32 million over... Read more
ShibataFenderTeam permanently sustains and develops its agent network. Read more