Top News

|  AAI pips GMR for Bhogapuram project  |    |  SWR and JSW Steel sign MoU for long-term tariff contract  |    |  Shanghai Port handles 3.44 m TEU in July  |    |  Cathay Pacific carries nearly 14% more cargo in July 2017  |    |  Port of Riga handles 13.8 % rise in box volumes in first 7 months of 2017  |    |  VPT handles 22 mt cargo during first 5 months of FY 2018  |    |  Japan exports rise 13% to USD 59 billion in July  |    |  Asia-Europe rate drops 1.4% to USD 918 TEU, off 1.2% to USWC  |    |  Coal imports at Major Ports down  |    |  Alliance Air to start 4 new services from August 30  |    |  Milaha to start Direct container service between Qatar & Kuwait  |    |  Port of Virginia container volume increases 7.5% in July to 234,230 TEU  |    |  Cosco container terminals increase July volumes 17.3% to 7.6 million TEU  |    |  Oakland handles 209,883 TEU in July, increasing port volume 1.6%  |    |  Container volume up 13.8% in Riga to 245,200 TEU in first 7 months  |    |  SpiceJet hikes excess baggage fee on local fights  |    |  Major Ports profit to rise 40 % this fiscal at INR 7000 crore in FY 2018  |    |  Foreign operators to be invited to develop Bangladesh ports  |    |  NMPT chief highlights green initiatives  |    |  MOL restarts Wellington (NZ) Port call  |   
You are here: Home » National News » Roadways» Toyota and Mitsubishi hope to run container port near Indonesian car plants

Toyota and Mitsubishi hope to run container port near Indonesian car plants

27 May 2017 | Indonesia
 

transreproter

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 Twenty Foot Equivalent Unit (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.

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%, 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.

Indonesian Transportation Ministry Director General of Sea Transport Tonny Budiono said, "From Indonesia, only Pelindo II has shown interest in bidding for the port management contract.”

   
Transreproter Logo