Jababeka in container terminal venture

PT Kawasan Industri Jababeka, the operator of the Jababeka industrial estate in Cibitung, hopes to establish a joint venture company with a Japanese partner to build a container terminal in the industrial estate this year, Asia Pulse reported on Friday.Corporate secretary Mulyadi Suganda told the newspaper Investor Daily feasibility study is being finalized.Suganda said Jababeka has signed a memorandum of understanding with the unnamed Japanese partner.He said the company will also cooperate with state-owned railway company PT Kereta Api in the procurement of carriages.The company has provided 6 hectares of land for railway track to be built to link the industrial estates with Jakarta's port of Tanjung Priok.