Indonesia: HPI to Invest Big in JICT Expansion
PT Hutchison Ports Indonesia (HPI) has announced that it plans to invest US$100 million in the expansion of the Jakarta International Container Terminal (JICT) in Tanjung Priok, North Jakarta, reports Port Technology.
The $100 million expansion project will increase the capacity of JICT to 2.8 million TEU and the neighboring Koja Terminal to 1 million TEU.
The expansion is part of an agreement reached between both HPI and fellow JICT shareholder PT Pelabuhan Indonesia (Pelindo) II back in 1999, said HPI chief executive officer Stephen Ashworth.
“We want to make it a joint facility with the Koja Container Terminal. So the trucks will come either from JICT or Koja,” Ashworth told reporters.
“We try to make it as a collaboration, so they can be more efficient.”
Dredging Today Staff, May 1, 2012;