JICT

completed

_x000C_PT Jakarta International Container Terminal (“JICT” or “Company”), located in the port of Tanjung Priok, is the largest container terminal in Indonesia and handled almost 2 million Twenty-Foot Equivalent Units (“TEUs”) in 2008. The proposed project includes (i) developing approximately 32 hectares of container yard, roads, parking and an administrative facility; (ii) acquiring new container handling equipment for the quay and the container yard; and (iii) constructing up to 24 entry gates and about 2 km of access roads. The capital investments will increase JICT facility capacity to 3 million TEUs annually, improve operating efficiency, and address existing congestion problems. This will help develop an efficient and sustainable transport system for the country and improve the country’s port infrastructure to facilitate Indonesia’s long term international trade growth and reduce handling costs.