Monday, July 21, 2008

JICT to invest US$166 mln to expand Jakarta container terminal

PT Jakarta International Container Terminal (JICT) has said it will invest US$166 million to expand its terminal to be able to handle up to 3 million TEUs of container in 2011.

JICT President Derek Pierson said US$100 million of the investment would be for terminal infrastructure - expansion of piling square and parking place and installation of on line service systems. The remaining US$66 million will be used to buy more loading and unloading equipment for the quay, Pierson said.

source: Antara | July 2008

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