DP World inks deal to expand terminal in Indonesia to 1.4m TEU
Publish Date
2023-06-28 03:31:07 +0800 CST
DP World has signed a deal with the Indonesia Investment Authority (INA) and government-owned port operator Pelindo to start work to expand Indonesian Belawan New Container Terminal (BNCT)'s overall capacity.
Through the partnership, DP World aims to more than double throughput capacity at BNCT to 1.4 million TEU, facilitating global trade by creating Indonesia's most direct link with the Malacca Strait, reports London's Port Technology.
In addition to modernizing marine infrastructure, the Dubai-based company said it will collaborate with its partners to link additional terminals and minor ports on the island of Sumatra, allowing the BNCT to play a larger role in lowering container transportation costs in Northern Sumatra.
Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, said: "We are proud to help Indonesia expand the Belawan New Container Terminal and support its ambitions to develop the economy of Sumatra through infrastructure.
"By investing in cutting-edge sustainable technologies, world-class training and the highest standards of health and safety, we aim to eliminate inefficiency and enable the flow of trade between Indonesia and the world."
This month, DP World planned to accelerate its adoption of renewable energy at the Port of Santos as a step in its global strategy to achieve carbon neutrality.