Govt offers three seaports to foreign, domestic investors

JakartaPost-Oct 9

The Transportation Ministry has announced auctions for the development of three seaports outside the Java region and is inviting the participation of foreign and domestic investors. The projects are for Tanjung Carat Port in South Sumatra, Makassar New Port in South Sulawesi and Ambon New Port in Maluku. Hartanto, the ministry’s traffic and sea transportation director, said on Tuesday that the ministry had opened up opportunities for foreign and domestic investment in Tanjung Carat Port even as processes for land acquisition and required documentation were still ongoing. Groundbreaking on the Tanjung Carat Port project has been delayed from the initial target of 2024 to the second half of 2025, according to the ministry, as several documents, including the environmental impact analysis (Amdal), have yet to be secured. Hartanto added that state-owned oil and gas company Pertamina had shown an interest in Tanjung Carat Port, without elaborating. “We also continue efforts to offer the New Ambon Port [project] to foreign and domestic investors,” he said, as reported by Bisnis. Hartanto went on to say that he had had a meeting with the Dutch Embassy and Dutch business people to talk about the possibility of establishing joint cooperation for the development of Makassar New Port. Read more at:  https://www.thejakartapost.com/business/2024/10/09/govt-offers-three-seaports-to-foreign-domestic-investors.html.