Business Data
Industry trend analysis - new port to aid Indonesia's box shipping sector
BMI has revised its short- and medium-term outlook for the port of Tanjung Priok, Indones ia's largest port, following recently releas ed 20 12 container throughput data for the port. The facility has been benefitting from rapid growth on the back of the country's strong macroeconomic picture. While this growth has been pos itive for the port in terms of driving up throughput, demand has outpaced development and Tanjung Priok is already operating at above its ins talled capacity level. Plans for a new port are in the pipeline, with the first phase due to be launched in 20 14 , which will aid in reducing the pres sure on Tanjung Priok and will also enable Indones ia to offer more developed and modern port facilities to meet its shippers ' demands .