BANDUNG, Novermber 13 (EngineeringDaily) -- In West Sumatra Province, Indonesia, the city government of Padang has offered an investment opportunity worth Rp 7 trillion (USD 580 million) for the infrastructure development of Teluk Bungus port for fishery. Teluk Bungus port is intended to improve the local fishery production and improve its processing in West Sumatra.
Head of the Capital Planting and Licensing Services (BPMP2T) for Padang Didi Aryadi said the city is still searching for more investors who want the opportunity to invest in the project. "There are already some investors who have expressed interest, but only one who seems serious," he said. The investor he referred to is PT Amagedon Indonesia, a multi-national company originating in the Netherlands and based in Jakarta.
However, Aryadi was unwilling to reveal the amount of offering provided by PT Amagedon. "The process is now in the assessment stage. We are still open to negotiating with other investors. We are aiming to settle the cooperation agreement by next year," he said.
The city government has provided an area of 500 to 1,000 hectares for the development project. Furthermore, the port development will also be supported by the advantage of its location adjacent to Teluk Bayur main port, which already has an independent fuel station owned by Pertamina, is close to the Teluk Sirih power plant, and is next to the West Sumatra-Bengkulu highway.
The port will be 6 kilometers from the main port of Teluk Bayur, 20 kilometers from the center of Padang, and 40 miles from Minangkabau International Airport (BIM). "All of the facilities are available, we are now just looking for an investment agreement with the investors," he said.
By Ismail Al Anshori
