DP World and Indonesia sign agreement to develop port and trade infrastructure
DP World will be reviewing operations at Belawan port and advising on efficiency improvements, and plans for the Kuala Tanjung greenfield port and logistics zone to reduce costs, which will positively impact prices of goods sold in the local market.
The agreement is expected to have a far-reaching positive impact on the social and economic growth of the region.
DP World’s PT Terminal Petikemas Surabaya (TPS) is located on the northern shore of eastern Java along the edge of Madura Strait.
TPS is the gateway to Eastern Indonesia delivering world class efficiencies, customer service and operational standards.
Trade between Dubai and Indonesia in the first quarter of 2017 totalled AED 1.45 billion. ■