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Monday, December 21, 2020

Indonesia Starts Operations From New Port With Brunei Exports - Bloomberg

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Jakarata's Tanjung Priok Port as Asia Pacific Nations Sign Biggest Regional Trade Deal

Indonesia’s Patimban International Port, which will become the country’s largest such facility, started operations Sunday with the export of 140 vehicles to Brunei.

The port, considered a national strategic project, will have capacity for 7.5 million 20-foot equivalent units (TEU) of containers when it is completed in 2027, according to a cabinet secretariat statement. The car terminal can hold 218,000 assembled vehicles and will be expanded to 600,000 capacity by 2024 to boost the country’s automotive exports.

After Luring Amazon, Indonesia Province Hunts for More Investors

President Joko Widodo is banking on infrastructure to help Southeast Asia’s largest economy climb out of recession next year. The port is a key part of West Java’s infrastructure road map to lure more foreign investment into Indonesia’s most populous province.

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    "port" - Google News
    December 20, 2020 at 04:01PM
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    Indonesia Starts Operations From New Port With Brunei Exports - Bloomberg
    "port" - Google News
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