News Content
Toyota, Mitsubishi hope to run box port near Indonesian car plants
TOYOTA Motor Corporation and Mitsubishi Corporation are among the leading bidders to operate Patimban port in West Java, Indonesia, that is currently under construction and being developed by the Indonesian government with funding from the Japan International Cooperation Agency (JICA).
The port is expected to start operations in 2020. At full build out, it will have a capacity of 7.5 million TEU, not far short of Tanjung Priok port's current capacity of eight million TEU.
Patimban port is regarded as key to the operations of the two major vehicle manufacturers since it is located only a two-hour drive from the Cikarang industrial complex on the outskirts of Jakarta, where both car makers have plants, reported Colchester's Seatrade Maritime News.
Apart from helping to divert some volumes from the main seaport at Tanjung Priok in North Jakarta, Patimban port will also feature a special terminal for importing and exporting motor vehicles.
Both Toyota and Mitsubishi have previously said that they intend to transform Indonesia into their primary regional car export base.
However, they still face the usual problems in Indonesia, as laws cap foreign port ownership at 49 per cent, thus necessitating a complicated and oft tricky tie-up with a local partner before they can formally bid.
Meanwhile, the writing already appears to be on the wall. "From Indonesia, only Pelindo II has shown interest in bidding for the port management contract," said Indonesian Transportation Ministry Director General of Sea Transport Tonny Budiono.
The port is expected to start operations in 2020. At full build out, it will have a capacity of 7.5 million TEU, not far short of Tanjung Priok port's current capacity of eight million TEU.
Patimban port is regarded as key to the operations of the two major vehicle manufacturers since it is located only a two-hour drive from the Cikarang industrial complex on the outskirts of Jakarta, where both car makers have plants, reported Colchester's Seatrade Maritime News.
Apart from helping to divert some volumes from the main seaport at Tanjung Priok in North Jakarta, Patimban port will also feature a special terminal for importing and exporting motor vehicles.
Both Toyota and Mitsubishi have previously said that they intend to transform Indonesia into their primary regional car export base.
However, they still face the usual problems in Indonesia, as laws cap foreign port ownership at 49 per cent, thus necessitating a complicated and oft tricky tie-up with a local partner before they can formally bid.
Meanwhile, the writing already appears to be on the wall. "From Indonesia, only Pelindo II has shown interest in bidding for the port management contract," said Indonesian Transportation Ministry Director General of Sea Transport Tonny Budiono.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
