DP World and Maspion Group to build a new container terminal in Java, Indonesia.
DP World and Maspion Group have announced that they started the construction of a new container terminal in Gresik, East Java, Indonesia.
The state-of-the-art terminal will strengthen East Java’s position as a major trade gateway.
It will also connect Indonesian businesses to trading partners in the region and around the world.
A groundbreaking ceremony for the terminal was on October 2, 2023 in the presence of the following:
-Sultan Ahmed bin Sulayem, Chairman and CEO of DP World.
-Dr. Alim Markus, Chairman and CEO of the Maspion Group.
-Budi Karya Sumadi, Minister of Transportation of the Republic of Indonesia.
-Septian Hario Seto, Vice Minister for Maritime Affairs and Investment of the Republic of Indonesia.
DP World strong commitment to strengthening the infrastructure and capacity of East Java.
In fact, this strategic partnership reaffirms DP World’s commitment to strengthening the infrastructure and capacity of East Java.
And also reaffirms DP World commitment to facilitating trade in the region.
Moreover, the joint venture company, DP World Maspion East Java, will operate a modern international container terminal.
Mentioning that the design capacity is three million TEUs.
This huge capacity will raise efficiency and operational excellence in Indonesia.
In addition, the joint venture company will develop an integrated industrial and logistics complex.
As part of DP World’s goal of providing integrated supply chain solutions.
While the initial area consists of 110 hectares with the potential to expand in the future.
Indonesia is a major global trade hub with the support of DP World.
Sultan Ahmed bin Sulayem, Chairman and CEO of DP World, said:
“We see great potential in Indonesia as a major global trade hub.
Moreover, we are committed to achieving further growth in the region through targeted partnerships.
As well as investments that provide opportunities for businesses and communities.
Our partnership with the Maspion Group will build new infrastructure in Gresik .
That will strengthen East Java’s position as a major trade and logistics gateway.
It will also be the foundation of our strategy to expand our global network of ports and logistics services.
In order to provide our customers with integrated solutions and strengthen the resilience of supply chains.”
New Java project by DP World and Maspion Group represents the commitment of them to leverage Indonesia resources.
Dr. Alim Markus, Chairman and CEO of the Maspion Group, said:
“The Maspion Group’s vision is aligned with that of DP World.
Also we are committed to contributing to sustainable economic development in Indonesia.
In addition to leveraging investment opportunities that support the country’s financial growth.
This project represents the commitment of both groups, with the support of the government, to leverage our resources and capabilities.
For the joint development of infrastructure in East Java in line with President Joko Widodo‘s vision.
In order to accelerate economic growth through his “Indonesia’s Golden Generation 2045″ strategy.
We look forward to the prospects of this project and its long-term economic returns.”
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