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Business deals

Japanese-Indonesian team to take on Java port project

Shipping hub near Jakarta aims to speed up gridlock-prone logistics network

Transportation Minister Budi Karya Sumadi, second from left, met Sunday with officials from the construction companies that will work on the Patimban port project. (Photo by Jun Suzuki)

JAKARTA -- Three Japanese and two Indonesian companies are set to win a $1.2 billion contract to build a port in West Java, Indonesia's Ministry of Transportation said Sunday, as the country looks to improve a costly and inefficient logistics system.

Japan's Penta-Ocean Construction, Toa and Rinkai Nissan Construction will work with local players Wijaya Karya and Pembangunan Perumahan on the port of Patimban, to be located 150km east of the capital. These companies will handle part of the first phase project and will break ground as early as June.

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