REPUBLIKA.CO.ID, JAKARTA -- Port operator PT Pelindo I is set to develop the Kuala Tanjung Seaport in North Sumatra in four planned stages, with a total investment of some Rp17 trillion, by 2019

"The development of the Kuala Tanjung Seaport is in line with the maritime axis program launched by the government, which includes the development of a sea toll road as well," President Director of Pelindo I Bambang Eka Cahyana said on Wednesday.

In the initial stages of the project to be started this year, the company will allocate some US$400 million, which is around Rp4.9 trillion, he stated.

Cahyana added that most of the funds will be utilized in the first stage of the plan, which includes the establishment of multi-purpose terminals for bulk containers and shipments of palm oil.