JAKARTA: PT Pelabuhan Indonesia (Pelindo) II is in the best position to win a competitive bid to build the IDR11.7 trillion Kalibaru terminal at Tanjung Priok Port after the government gave the company a right-to-match.As the project initiator, according to the transport ministry, Pelindo II deserved a compensation letter allowing it to match any terms and prices submitted by any winning bidder.Pelindo II President Director Richard Joost Lino responded positively to the government policy, signaling it is likely to exercise the right to match.Such compensation is regulated in Presidential Decree No 67/2005 article 12 and 13 on Government Cooperation with Business Entity in Providing Infrastructure as amended with Presidential Decree No 13/2010.Lino affirmed that Pelindo is able to show its superiority compared to other bidders since it has financial support and experience as Tanjung Priok port operator.Up to now, BNI and BRI are committed to disbursins IDR14.4 trillion funds to finance Tanjung Priok Port development project in North Kalibaru.BRI has committed to providing up to 70% of the total IDR12 trillion funds needed, or equivalent to IDR8.8 trillion, while BNI is ready to disburse IDR6 trillion.Those two state-controlled banks had signed letter of intent (LOI) with the debtor. The two banks already committed to be creditors.Attracts many investorsMany foreign and local investors are interested with the terminal construction project in North Kalibaru, Deputy of Transport Minister Bambang Susantono emphasized.Besides foreign investors, domestic investors also have capability to build Kalibaru terminal.We believe there are investors who will submit bids that are in line with the governments expectation, he said.Bisnis Indonesia noted that seven foreign investors such as Mitsui (Japan), APM Terminals (Denmark), Maersk Line (US), Cosco (South Korea), CMACGM (France), Hutchinson (Hong Kong), Bouygues (France), and several local companies like PT Andhika Lines, PT Andalan Tama, PT BSTI, Sampoerna KP, and PT Sarana Mitra Global Nusantara are eyeing the North Kalibaru port project.Kemal Heryandi, Director General in charge of sea port at the transport ministry, ensures that it has not changed the initial plan, that was to to put North Kalibaru terminal, the bridge and dredging project on one package of bidding process.First of all, the government wants to know investors desire through a prequalification phase, as part of the bidding process, that will start early this year.Earlier, Tanjung Priok Port Authority Chief Sahat said the government-formed auction team has completed the prequalification requirements that will be followed by investors.Deal-making evaluation will be conducted after the team conveys the auction result to Assistance Team.Prequalification phase will be announced after there is an agreement. Prequalification must be completed this June.Transport Ministry has set Tanjung Priok master plan. Based on that master plan, the cost for the first phase of the construction of North Kalibaru terminal increased 26% to IDR11.7 trillion. (t06/msw)

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