The economic implications will be huge.
Patimban Port was built as part of the government's efforts to increase the national logistics index to compete with Southeast Asian countries.
Indonesia Invites Maersk, Danish Companies to Invest in New Port Patimban
TheIndonesia.id - The Indonesian Ministry of Transportation has invited Danish companies, including shipping line Maersk, to invest in Patimban Port which is designated to be Indonesia’s new main and leading seaport.
During a visit to the port in Subang, West Java, Minister Budi Karya Sumadi informed the Danish Ambassador to Indonesia Lars Bo Larsen and Maersk representatives about investment opportunities for companies from the Nordic country.
“We offered Maersk and other international investors to cooperate with PT Pelabuhan Patimban International, which has been appointed as the private enterprise that will develop the port. We would want Port Patimban to grow massively,” Sumadi said on Friday, September 16, as reported by Antara.
He said a Maersk cooperation will be huge for the port as the company is one of the biggest shipping lines in the world with business and operation that reach Europe, the United States, and the Middle East.
The state official also ensured potential investors that the port’s performance has been very positive, even exceeding the initial target.
According to him, the port was targeted to support transportation of 160,000 vehicles, but so far, the figure has reached up to 200,000 vehicles.
Ambassador Larsen welcomed the invitation and said he’s impressed with Patimban’s accomplishment.
“Sea transport is a crucial elements in ensuring sustainable development, and we are committed to work with the Indonesian government,” Larsen said.
The development of Patimban Port is divided into three stages, and the first stage is split into two steps. The first step has been completed, and the second will kick off in October and is targeted to wrap up in 2025.
It is designed to have the capacity of 7.5 million twenty-foot equivalent units (TEUs), or similar to that of Tanjung Priok in Jakarta.