Tanjung Carat Port

From Global Energy Monitor

Tanjung Carat Port is a proposed deep-sea port in South Sumatra, Indonesia.

Location

The port would be located located near the Tanjung Api-Api integrated zone in Banyuasin regency, along the Musi River.

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Background

In August 2010, the South Sumatran authorities, BKPM, Adani Group and PT Bukit Asam, signed an agreement for the construction of a 270-km rail line from Tanjung Enim to Tanjung Carat. There will also be a coal terminal at Tanjung Carat with a 50 million metric tonne annual capacity.[1]

In July 2015 PT Pelabuhan Indonesia II (Indonesia Port Corporation II), a state-owned port operator, said it planned to build a coal terminal and a container terminal at Tanjung Carat Port by 2019 with a total annual capacity (coal and container) of 100 to 150 million tonnes. The coal terminal is expected to increase the transport capacity of state-owned coal miner PT Bukit Asam.[2]

In 2017, the South Sumatra provincial administration said it hoped Dubai Port Authority Corporation would not cancel its plan to invest in constructing Tanjung Carat Terminal, which is predicted to cost US$3.3 billion.[3]

In October 2021, groundbreaking on the project was postponed until December 2021 due to "several administrative tasks that had to be completed." Total cost of construction was estimated at IDR 2 trillion (approximately US$140 million).[4] Completion of the port was targeted for September 2023.[5]

Financing

In February 2020, the Indonesian Minister of Transportation announced that the Asian Development Bank had disbursed a IDR 1 trillion (approximately US$ 120 million) loan for the Tanjung Carat Port project. The port would be developed under a government and business entity (PPP) cooperation scheme.[6]

In 2022, Chinese investor Shanxi International Economic & Technical Cooperative has expressed interest in investing in Tanjung Carat Port, citing the abundance of natural resources in South Sumatra, such as rubber sap, palm oil, coal, crude oil, and gas.[7]

Project Details

  • Operator: PT Pelabuhan Indonesia II
  • Location: Tanjung Carat port, Banyuasin regency, South Sumatra, Indonesia
  • Proposed Capacity (Tonnes): 50 million
  • Status: Permitted
  • Type: Exports
  • Coal source: Indonesia
  • Planned start date: 2023
  • Cost: IDR 2 trillion
  • Source of financing: IDR 1 trillion in debt from Asian Development Bank

Articles and Resources

Sources

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