Chinese company considering to invest in Kali Baru port project

Chinese company Wuxi Huadong Heavy Machinery Co.Ltd.(HDHM) said it was considering to invest in the Kali Baru port development project in Jakarta, Indonesia, in view of the good prospects of port business in Southeast Asia.

The conmpany`s president director, Jeremy Weng, made the statement here on Tuesday at a meeting with Pelindo II delegations and HDHM officials in connection with the planned shipment of three cranes bought from the company by Pelindo for ports in Indonesia.

"We are interested in doing business in Indonesia but we still have yet to discuss it internally first. Of course we need a lot of information in connection with it especially regarding the total investment to be needed," he said.

Crane industries in China are seeking to expand outside China following its success in controlling local market.

They have even targeted Asia especially Southeast Asia including Indonesia.

Chinese companies recently won a bid for the procurement of 45 new cranes of various types from Pelindo II in 2010 worth Rp796 billion.

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