Global logistics provider DP World and Indonesia-based Maspion Group have started construction on a new container terminal in the province of Gresik, East Java.
The new terminal is expected to further bolster East Java’s status as a significant commercial gateway along with connecting Indonesian businesses with clients in the region and across the world.
With this collaboration, DP World intends to improve infrastructure and capacity in Gresik. It also reflects the company’s commitment to expanding operations in Indonesia and facilitating regional trade connections.
DP World Group chairman and CEO Sultan Ahmed bin Sulayem said: “Our partnership with Maspion Group to build new infrastructure in Gresik will strengthen East Java’s position as a key trade and logistics gateway. It will also serve as a cornerstone in our strategy to expand our global ports and logistics network to offer our customers end-to-end solutions and boost supply chain resilience.”
DP World Maspion East Java, the joint venture (JV) company, will manage an advanced international container terminal with a design capacity of around three million twenty-foot equivalent units, boosting efficiency and operational quality in Indonesia.
Furthermore, the JV will build an integrated industrial and logistics park nearby to the container terminal, with an initial land area of 110 hectares and room for future development.
Maspion Group chairman and CEO Alim Markus said: “This project is a strong testament of how both companies – with the support of the government – can leverage our respective resources and capabilities, to jointly develop East Java’s infrastructure in tandem with President Joko Widodo’s vision to accelerate economic growth through his Indonesia Golden Generation 2045 strategy.”
