China Merchants still keen in Kalibaru investments

Jakarta: Port operator China Merchants has indicated it will bid for phases two and three of Kalibaru port at Tanjung Priok in Jakarta. The news comes despite China Merchants missing out to Mitsui & Co for phase one of the giant port construction.

“We think that it’s worth taking to bid for two terminals, not just one,” Jared H. Zerbe, the chief development officer with China Merchants, said during a meeting with State-Owned Enterprises Minister Dahlan Iskan and senior executives of state-owned port operator PT Pelabuhan Indonesia II (Pelindo II) in his office in Beijing, China.  

“It’s necessary for you to build new capacity [at the port] and we believe that there’s an opportunity to invest in Indonesia,” said Zerbe.

Kalibaru will eventually house seven container terminals with a total capacity of 12.5m teu.
Other bidders for phase one, who may bid again, include Cosco and Singapore’s PSA International.  [03/03/14]

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