Global trade enabler DP World signed an agreement with the Indonesian government and port officials, to advise on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra.
Under the Technical Assistance Contract, DP World will share expertise in increasing efficiencies, training and development for employees and developing multi-modal transport hubs. The partnership is part of the country’s efforts to accelerate development of its ports and trade infrastructure, according to DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem.
More specifically, 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.
It is noted that trade between Dubai and Indonesia in the first quarter of 2017 totalled AED 1.45 billion.