JAKARTA (RambuEnergy.com) – The Japan International Cooperation Agency (JICA) has granted loan worth Rp1.12 trillion to develop road access to the Patimban port.
The loan is extended to a consortium, consisting of Shimizu, PT PPPT Bangun Cipta Konstruksi. The consortium will act as contractors to build an 8.2-kilometers of road to the port which is located in West Java. The project is expected to be completed within 18 months.
The road will be connected with the existing Pantura (North Java) road and Cipali toll road, West Java, said Director General for Bina Marga at the Public Works Ministry Sugiyartanto.
The loan from JICA amounted to 11.535 billion yen will be used for construction amounting to 10.736 billion yen and 799 million yen for supervision.
He said land clearing has reached 95%, therefore the contractors can now begin the road construction.
Port Development Phase I
The government has earlier said that the phase I of the Patimban Port project will begin this month (August).
The port construction has been awarded to a consortium, consisting Penta Ocean, Toa, Rinkai, PT Wijaya Karya Tbk (IDX:WIKA) and PT PP Tbk (IDX:PTPP).
In the phase, the contractors will develop terminal, with projected cost of Rp9 trillion of the total project amounting to Rp43 trillion.
In November last year, JICA has granted loan worth 118.9 million yen or Rp14.17 trillion.
The government expects the soft opening of the project to be done in April 2019, while the whole project is expected to be completed in 2027.
Patimban International Port is developed as an alternative to the congested Tanjung Priok Port in North Jakarta.
The objective of the project is to strengthen the port logistics capacity of the Jakarta Metropolitan Area and improve the total economic activities in the region by constructing an international seaport and access roads in Patimban, which is located in the Eastern Metropolitan Area. (*)
Written by Staff Writer
Edited by Roffie Kurniawan (email: email@example.com)