Van Oord has been awarded a contract by PT PP (Persero) TBK for deepening the port and reclaiming land for a new terminal area in Tanjung Priok, Jakarta, the largest container port in Indonesia. The contract is part of the Kalibaru North Container Terminal Phase 1 Project, which will expand the port of Tanjung Priok by 4.5 million TEUs (Twenty-foot Equivalent Units). The client for the large port expansion is IPC, Indonesian Port Corporation. The entire project will take approximately three years to complete and provides a sustainable impetus for the economic growth of Indonesia. The contract value amounts to
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