Dubai Ports World eyeing US$722 mln Indonesian Port Project

Jakarta (ANTARA News/Asia Pulse) - Dubai Ports World of the United Arab Emirates hasindicated interest in financing the Rp6.5 trillion (US$722 million) Bojonegoro International Port project in Banten.

Syaifuddin, president of state-owned port operator PT Pelabuhan Indonesia, said Dubai Ports is among the investors showing interest in building the Bojonegoro port project.

Dubai Ports, the fifth largest port operator in the world, wants to expand operation in Asean, especially Indonesia, and sees good prospects in this region, Syaifuddin said.

Source: Business in Asia Today - Oct 31, 2006