Port of Dublin Ltd has signed a Memorandum of Understanding to form a joint venture to develop a new container port in Sabang in the Indonesian province of Aceh. It will be the Irish port operator’s first investment overseas.
Already involved in reconstruction projects in the Indonesian province devastated by the Asian tsunami in 2004, Port of Dublin is teaming up with Indonesian state port operator, Pelindo I, to develop Sabang as international hub port. Investment in the facility is put at over US$400M....
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This complete item is approximately 300 words in length, and appeared in the April 2007 issue of WorldCargo News, on page 10.
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