Bank Mandiri disburses Rp3t to Pelindo IV
Bank Mandiri (BMRI) is providing a Rp3t loan to Pelindo IV (PT.Pelabuhan Indonesia). The company will use the funds for the construction of a new port in Makassar, modernisation of existing facilities at the old port as well as construction of other ports in East Indonesia. The new port in Makassar will be built on an area of a 45ha land that can operate 1.5m TEUs/year (twenty-foot equivalent unit containers). The funds can be disbursed in two currencies, namely rupiah (Rp1,96t and US$80m dollar). The projects are in line with the government’s efforts to develop national infrastructure and provide better interconnectivity to Indonesia’s archipelago.