Japan Provides Rp8.5 Trillion Loan to Develop Patimban Port

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January 12, 2025 | 12:54 pm

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TEMPO.CO, JakartaJapan International Cooperation Agency (JICA) signed a document of agreement for Japan's Soft Loan ODA for the Patimban Port Development Project (III) in Subang Regency, West Java. This loan is a loan in yen with a total loan of up to ¥ 83.408 billion or Rp8.59 trillion.

Based on JICA's official release on Friday, January 10, 2025, the Patimban Port Development Project (III) aims to strengthen the logistics function in the metropolitan area by building a new port, including a container terminal, vehicle terminal, and others in Patimban.

The development of the port in the eastern part of Jakarta is expected to contribute to further economic growth by improving the investment environment in Indonesia.

Previously, in 2017, Indonesia and JICA had signed the first phase of the loan, amounting to ¥ 118.9 billion or Rp12.24 trillion. Then, followed by a second phase loan of ¥ 70.2 billion or Rp7.23 trillion in 2022. With this third phase loan, the total amount is estimated to reach around ¥ 272.5 billion or Rp28 trillion.

This project implements the Special Terms for Economic Partnership (STEP) which is designed to increase the visibility of Japanese assistance through the transfer of Japanese technology and expertise to partner countries.

According to the JICA report, the project location is specifically on very soft clay soil and has low permeability.

Japanese construction technology will be applied to the construction of quay walls, reclamation, land improvement, and others. The technology is certain to be applicable to very soft soil and will be used for the planned expansion of the container terminal and other projects.

The Directorate General of Sea Transportation of the Ministry of Transportation or Ditjen Hubla will manage the entire project, including arranging port construction work, land acquisition and resettlement, as well as operation and maintenance (O&M). The Directorate General of Highways of the Ministry of Public Works will supervise construction work for access roads under the control of the Directorate General of Sea Transportation.

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