Fitch Affirms Pelindo II at ‘BBB’
NewsRatings agency says Pelindo II’s stable credit rating is supported by its “market leading position in Indonesia’s container port industry.
Indonesian port operator Pelindo I is to build a new 700m berth at Belawan International Container Terminal (BICT) in Medan, North Sumatra. Pelindo I spokesman M Eriansyah told state news agency Antara that construction will begin this year and be completed in 2015.
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