DP World has entered into an agreement wherein it will help expand throughput capacity at the Belawan New Container Terminal (BNCT) in Indonesia to 1.4 million TEUs or more than double its current capacity.
DP World is set to commence operations at BNCT after finalising an agreement with the Indonesia Investment Authority (INA) and Pelindo to manage the terminal and begin a major expansion.
In the longer term, the agreement aims to increase BNCT's capacity to 1.4 million TEUs, up from 600,000 TEUs currently. BNCT will also aim to attract more direct calls, reducing North Sumatra's reliance on regional hub ports to access regional and global markets.
BNCT currently serves as a local hub for the neighbouring provinces in Sumatra. The expansion and modernisation programme will help strengthen its position as a major trade and logistics gateway in the Malacca Strait.