Indonesia shows maritime ambition with $6 billion port plan

Indonesian President Joko Widodo is targeting almost $6 billion in projects to expand ports across the world’s biggest archipelago, where investors are deterred by logistics costs that amount to a quarter of the economy. Mr Widodo, known as Jokowi, plans to expand five ports on the nation's main islands, seeking to reduce shipping delays [...]

2021-08-31T14:52:39+08:00September 24th, 2020|Categories: News feed|Tags: , , |

Singapore funds initiative to improve port operations

A new, $54 million initiative in Singapore will research port management and urban congestion to help boost the country's port efficiency. The Urban Computing and Engineering Centre of Excellence, a joint venture by the country's Agency for Science, Technology and Research (A*STAR), Singapore University and Fujitsu, will research sustainable options for improving port operations. [...]

2020-09-24T14:22:27+08:00September 24th, 2020|Categories: Business Insurance|Tags: , , |
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