HPC sign MoU with PT Krakatau Bandar Samudera for the development of Krakatau International Port at Hannover Messe

HPC and PT Melchers Melindo Indonesia, part of the international business development group Melchers, signed a memorandum of understanding (MoU) with the Indonesian port operator PT Krakatau Bandar Samudera (PT KBS) at Hannover Messe on April 17, 2023, to establish a strategic partnership for the further development of Krakatau International Port (KIP).

The MoU comes after the successful completion of the Pre-Feasibility Study, conducted by HPC and Melchers. The partners aim to collaborate further to present the study's findings and discuss the next steps in obtaining funding and attracting the right investors and strategic partners to develop the KIP.

The MoU also covers the development of a detailed business plan for specific commodities for the port, paving the way for a more focused and efficient operation.

The KIP is situated in Banten, Indonesia, and is strategically located along the Sunda Strait, making it an ideal port for international trade and commerce. The port's potential for growth and development has caught the attention of international players, including HPC and Melchers, who are keen on partnering with PT KBS to tap into the port's vast potential.

Speaking at the MoU signing, Nils Kemme, CEO of HPC, said, "We are excited about this partnership and look forward to working with PT KBS and Melchers to realize the potential of KIP. The port's strategic location makes it an attractive destination for international trade, and we are confident that with the right partners, we can help unlock its full potential."

By signing the MoU, the stakeholders believe that they have taken a significant stride towards the development of KIP, and they are optimistic that the partnership will lay the foundation for a prosperous future for the port and the surrounding area.