Date: 02-03.03.2016
Place: Jakarta, Indonesia
Website: http://sea.portexpansionsummit.com/
The Indonesian government has unveiled plans to build or upgrade 24 seaports within five years to enhance inter‐island transportation. Construction of these ports will be financed by state budget funds and private investors in public‐private partnership (PPP) schemes. As part of that plan, the government needs 70 trillion RP to expand five major ports in North Sumatra, Jakarta, East Java, South Sulawesi and Papua to serve large vessels and build feeder lines for smaller ports.
To accomplish the tremendous infrastructure upgrade needed for this task, the plan envisions strong competition and significant investment in PPPs, with the overall investment need until 2030 estimated at more than $46 billion USD. The private sector is expected to fund 70% of port development.
The 4th Annual SEA Port Expansion Summit will bring together terminal operators, port owners and authorities, government officials, shipping lines and infrastructure experts will discuss how to sustain healthy growth in the sector as well as assure efficient operations inside the ports, and henceforth lift the region`s ports to higher international standards and dimensions.