A joint venture, including Penta-Ocean Construction Co., Ltd., TOA Corporation, Rinkai Nissan Construction Co., Ltd., PT PP Tbk. and PT Wijaya Karya Tbk., has won a $445 million contract for the Patimban Port Development Project – Package 1, in Indonesia.
According to an official Penta-Ocean’s announcement, the construction period of this capital development program is 25 months.
The Patimban Port Development Project – Package 1 will include a significant amount of land reclamation works, soil improvement operations, pier construction, etc.
The new port project, located in the eastern part of Jakarta metropolitan area, is funded under the ODA loan scheme of Japan International Cooperation Agency (JICA).
Penta-Ocean said in its release that the construction of new Patimban Port is expected to diversify cargo transportation that concentrating in Tanjung Priok port and will help improve logistical efficiency in the area.