US-based civil engineering and construction company Morrison-Knudsen (MK) has secured a $1.2bn contract for the construction of a new harbour in Kalimantan, Indonesia.
The firm will be responsible for the engineering and construction of a new harbour and load out facilities for the country's pulp and paper industry.
The contract, which was awarded by the Indonesian Infrastructure Partnership, will also include the construction of a 600-acre load out/storage yard, 35 miles of new resource roads, 12 stationary dock cranes and a standalone power station to maintain the new harbour.
The three-year project is expected to create 1,200 temporary jobs.
When completed, the project is expected to increase Indonesia’s pulp and paper export capacity by 7% while helping to develop nearly 1,200 square miles of area for further development in the mining and energy industries.
* For more information on the Indonesia construction market, visit the Construction Intelligence Center Report Store.