A new container terminal is being built in Gresik, East Java, thanks to DP World, one of the top logistics companies in the world, and Maspion Group, a major conglomerate in Indonesia.
The top-notch terminal will strengthen East Java’s status as a significant commercial gateway and link Indonesian businesses with clients in the area and around the world.
On October 2, 2023, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, and Dr. Alim Markus, Chairman and CEO of Maspion Group, were present at the facility’s groundbreaking event.
The Republic of Indonesia’s Deputy Coordinating Minister for Maritime and Investment Affairs, Mr. Septian Haryo Seto, and Mr. Budi Karya Sumadi, Minister of Transportation, both attended.
The strategic alliance between DP World and Maspion Group demonstrates the company’s dedication to enhancing capacity and infrastructure in East Java and facilitating seamless commerce in the area.
With a design capacity of up to three million twenty-foot equivalent units (TEU), the joint venture (JV) business, DP World Maspion East Java, would run a cutting-edge international container port, raising efficiency and operational excellence in Indonesia.
The JV will also create an integrated industrial and logistics park next to the container terminal with an initial land size of 110 hectares and the potential for future growth as part of DP World’s mission to provide end-to-end supply chain solutions.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said, “We see significant potential in Indonesia as a major hub for global trade, and we hope to unlock further growth in the region through meaningful partnerships and investments.
“Our partnership with Maspion Group to build new infrastructure in Gresik will strengthen East Java’s position as a key trade and logistics gateway.
“It will also serve as a cornerstone in our strategy to expand our global ports and logistics network to offer our customers end-to-end solutions and boost supply chain resilience.”
Dr. Alim Markus, Chairman and CEO of Maspion Group, said: “Maspion Group shares DP World’s vision and is dedicated to contributing to sustainable economic development in Indonesia and harnessing investment opportunities in the interest of the country’s fiscal growth”.
“This project is a strong testament of how both companies – with the support of the government – can leverage our respective resources and capabilities, to jointly develop East Java’s infrastructure in tandem with President Joko Widodo’s vision to accelerate economic growth through his Indonesia Golden Generation 2045 strategy.
“We are excited about the prospects of this project and its long-term economic impact.”
