“Heads of Agreement” Signing on Kuala Tanjung Port Development
On 14th November, “Heads of Agreement” on developing Kuala Tanjung Port was signed between PT Pelabuhan Indonesia I, Port of Rotterdam and Zhejiang Provincial Seaport Investment Group.
The Embassy, together with the Indonesian Directorate General of Sea Transport witnessed the signing, which is aimed to increase collaboration on the development and optimization of the Kuala Tanjung Port. The Port is planned to be transformed into a world-class port and industrial zone. The Ministry of Transport fully supports the signing of the agreement, with the expectation to reduce logistics costs and improve Indonesia’s logistics competitiveness with other countries in the world.