JAKARTA (Yosefardi) – State port operator PT Pelabuhan Indonesia III mulls to issue bond worth Rp1 trillion in mid next year, to fund its projects. The company allocates capital expenditure (capex) of Rp1 trillion for next year.
Pelindo III is now working on some projects such as passengers terminal at Tanjung Priok Perak port, Lamongan bay port, and integrated industrial and port estate in Gresik, East Java.
Pelindo III is also working on power plant project with capacity of 2×25 megawatts (MW). Its construction, supported by PT Rekayasa Industri (Rekind), is expected to complete in 2016.