Investment Value | : | IDR 34,365 Trillion |
Funding Scheme | : | State-owned enterprice (BUMN), Potential for Public-Private Partnership (PPP) |
Location | : | Bitung, North Sulawesi |
Project Owner | : | PT Pelindo II |
Construction Commencement Plan | : | 2017 |
Commercial Operation Date | : | 2019 |
Project Status | : | contruction and will be operation in 2019 |
Project Description
This seaport is chosen as an International Hub Seaport in the Eastern Region of Indonesia with the following considerations:
- Growth in the Eastern Region of Indonesia has a higher potential compared to the Western Region of Indonesia;
- The logistic dynamics in the Eastern Region of Indonesia are expected to grow exponentially.
Project Significance
This seaport will support the development of Bitung Special Economic Zone (SEZ), which is declared as one of the Government of Indonesia’s priorities. In addition to the above, the existence of Bitung International Hub Port will also support industrial activities in the eastern region of Indonesia, including Ambon and Ternate (agriculture, industry and mining) as well as Samarinda, Balikpapan, Tarakan and Nunukan (coal, petroleum and plywood).