Posted on March 15, 2016
By Farida Susanty, Jakarta Post
The government is set to use the state budget to fund a new deep sea port project in West Java to handle exports and imports for Indonesia’s manufacturing hub — a plan that has strayed from the initial proposal to have private investors fund the entire project.
Indonesia is currently negotiating with Japan for a loan worth US$2.49 billion for the project, which will be constructed in Patimban, Subang, West Java.
Around $600 million will also be allocated in the state budget for land procurement and road construction around the port, according to the Transportation Ministry.
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