The Ministry of Finance of Singapore and the Government of Indonesia have joined hands to develop an International Container terminal in Central Java, Indonesia.
The terminal, located at Kendal industrial park, will have a carrying capacity of 400,000 TEUs. It will be expanded to 1.5 million TEUs gradually according to the demand. Once completed, it will be the second international-standard port in Central Java.
Currently, feasibility studies for the project are being carried out by companies based in Singapore, while Indonesia will work on the project proposal.
Country updates
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April 21, 2022
Operations to begin soon for Jakarta-Bandung High-Speed Rail PPP project
The Government of Indonesia is expecting to begin operations for Jakarta to Bandung high-speed railway in November 2022. The construction work for the project is 80% complete and on schedule. The pro...
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March 07, 2022
AIIB to finance Trans-Sumatra Toll Road project
The Asian Infrastructure Investment Bank has proposed USD1.2 billion sovereign financing for the Trans-Sumatra Toll Road project. The project involves the construction, financing and manage...
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February 01, 2022
Government of Indonesia to develop underwater toll road PPP project in New capital city
The Public Works and Housing (PUPR) of Indonesia is planning to develop an underwater toll road section connecting the Balikpapan-Samarinda toll to the new capital city (IKN),...
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January 13, 2022
Contract awarded for USD3.9 bn road project in Indonesia
The Indonesian Toll Road Authority (BPJT) has selected PT Jasa Marga-led consortium to develop the Gedebage-Tasikmalaya-Cilacap toll road in West Java.
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December 22, 2021
Financial Close achieved for Indonesia's Cinere - Jagorawi toll road concession
PT Bank Negara Indonesia Tbk (BNI) and PT Sarana Multi Infrastruktur (PT SMI) have agreed to provide IDR2.6 trillion (US$181.71 million) long-term loan for the Cinere–Jagorawi Toll Road concessi...
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