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Indonesia and DP World have signed an agreement on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra.

As part of a Technical Assistance Contract, DP World will share its expertise in increasing efficiencies, training and dev[ds_preview]elopment for employees and developing multi-modal transport hubs.

DP World Group Chairman & CEO Sultan Ahmed bin Sulayem, said: »Our existing operations at PT Terminal Petikemas Surabaya (TPS) give us an added advantage of understanding local and regional markets and we look forward to working with the Indonesian port authorities on developing international and domestic trade.«

DP World will be reviewing operations at Belawan port and advising on efficiency improvements, and plans for the Kuala Tanjung greenfield port and logistics zone to reduce costs, which is hoped to positively impact prices of goods sold in the local market. The agreement is expected to have a far-reaching positive impact on the social and economic growth of the region.

DP World’s PT Terminal Petikemas Surabaya (TPS) is located on the northern shore of eastern Java along the edge of Madura Strait. TPS is the gateway to Eastern Indonesia delivering world class efficiencies, customer service and operational standards.

Trade between Dubai and Indonesia in the first quarter of 2017 totalled 1.45 bn AED (395 mill. $).