DP World and Maspion Group have announced the start of the construction works on a new container terminal in Gresik, East Java, Indonesia.
The new container terminal will strengthen East Java’s position as a vital trade gateway, connecting Indonesian companies with clients in the region and throughout the world.
On 2 October 2023, Ahmed Bin Sulayem, group chairman and CEO of DP World, and Alim Markus, chairman and CEO of Maspion Group, attended the groundbreaking ceremony, which was witnessed by Budi Karya Sumadi, Minister of Transportation of Republic of Indonesia and Septian Haryo Seto, deputy of coordinating minister for Maritime and Investment Affairs of Republic of Indonesia.
Furthermore, the joint venture DP World Maspion East Java will operate the contemporary international container port with a design capacity of up to 3 million TEUs.
As part of DP World’s ambition of providing end-to-end supply chain solutions, the JV will also build an integrated industrial and logistics park adjacent to the box terminal, with an initial land size of 1,1 million m² and future development potential.
“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 that bring opportunities through greater trade connectivity for local businesses and communities. 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,” stated Ahmed bin Sulayem.
