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Patimban Port Development Investment Based on Implementation Stages
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The Indonesian government plans to construct the Patimban Port in Subang, West Java. Construction of the port will commence in 2018 with a total funding of US$ 3.06 billion, or approximately Rp 43.2 trillion. Approximately US$ 1.03 billion will be financed through a loan from the Japan International Cooperation Agency (JICA).
The Patimban Port construction will be carried out in three phases. The first phase, consisting of two sub-phases, requires an investment of Rp 31.8 trillion. Phase 2 requires an investment of Rp 5.58 trillion, and Phase 3 requires Rp 3.86 trillion.
In Phase 1, Sub-phase 1, the Patimban Port capacity will be 250,000 Twenty-foot Equivalent Units (TEUs), increasing to 3.75 million TEUs in Sub-phase 2 (an increase of 3.5 million TEUs). Phase 2 will add a further 1.45 million TEUs of capacity, and Phase 3 will add 2.29 million TEUs. In total, the port's capacity will reach 7.5 million TEUs.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy,
but please note that automated translations may contain errors or slight inconsistencies."