Expansion of Belawan International Container Terminal (Port)
|Project||:||Expansion of Belawan International Container Terminal (Port)|
|First Disclosure Date||:||August 2018|
IIF provided USD 36.5 million senior term loan syndicated facility to finance the procurement of equipment and machinery for the expansion of Belawan International Container Terminal (“Project”). The Project is located in North Sumatra, which serves loading and unloading of domestic and international container activities. The Project expansion is expected to be able to facilitate national economic and trade growth, particularly in North Sumatra and its surroundings. The container throughput growth rates in this area is currently on average at 10% per year.
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Last Update: January 2019