Port of Rotterdam and Pelindo to Develop New Port at Kuala Tanjung
The Port of Rotterdam Authority has signed a partnership agreement with the Indonesian Port Corporation Pelindo I in Medan, North Sumatra, for the development of the new deep-sea port in Kuala Tanjung.
Under the agreement, the Port of Rotterdam will undertake a feasibility study for the new port. Depending on the outcome of the feasibility study, the Port of Rotterdam is to decide whether to enter into a joint venture with Pelindo I to construct and develop the port at Kuala Tanjung.
“We want to share our knowledge in the construction, development and management of Kuala Tanjung. We are confident that the Port Authority and Pelindo I will form a strong team that will serve the country and provide for a better future,” said Allard Castelein, CEO of the Port of Rotterdam.
Kuala Tanjung is a newly to be developed port near the city of Medan located in the Strait of Malacca, one of the most important shipping routes in the world. Joko Widodo (Jokowi), who became Indonesia’s president last year, has made strengthening the maritime sector a spearhead of his policy in order to promote economic growth (6-7% per year). Kuala Tanjung is one of the main projects in the national maritime strategy.
The venture if it comes to fruition would be similar to the Dutch port’s joint venture signed in 2003 to develop the Port of Sohar in Oman.