A new phase in the development of Kuala Riau Port (Platforms I and II) in Tanjungpinang has been initiated, with a feasibility study backed by the US’s Millennium Challenge Corporation (MCC).

The Provincial Government of Kepulauan Riau proposed the port development to MCC in hopes to streamline logistics and boost economic growth in the region.

The feasibility study is expected to last 12 months and will be undertaken by consultant firm PricewaterhouseCoopers (PwC) with support from several other firms.

Initial estimates put the development cost at around USD 49 million, but the final amount will be determined by the study, employing the Good Practice Infrastructure Projects (GPIP) Options method.

Two primary aspects of the project have been identified: enhancing dockside and port facilities to improve passenger transport, and developing the transportation of public maritime goods with a capacity for up to 20 ships.

Source : Meja Redaksi (2023)

Eco-friendly construction methods will be employed throughout the project, and no reclamation will be involved.

The MCC has allocated about USD 649 million for various Indonesian programs, with an additional 7.5% support from the Republic of Indonesia, summing up to an available fund of around USD 697.7 million.

The Kuala Riau Port expansion could significantly streamline the logistical flow, potentially enhancing trade between Tanjung pinang and nearby nations, including Singapore. This improvement could boost tourism, ease of business, and trade relations for international stakeholders, particularly benefiting Singaporeans due to their proximity and established business ties with Indonesia.

The Kuala Riau Port in Tanjungpinang enters a new phase with the initiation of a feasibility study backed by the US’s Millennium Challenge Corporation (MCC). This expansion, potentially boosting trade and tourism, has notable implications for Singaporeans and international visitors.

Source : Batam News, Meja Redaksi (2023)