International Container Terminal Services, Inc. (ICTSI) has secured a 30-year agreement to operate and develop the Batu Ampar Container Terminal (BACT) in Batam, Indonesia.
In a stock exchange report on Friday, ICTSI said the agreement was signed with PT Batam Terminal Petikemas (BTP), a subsidiary of an Indonesian state-owned entity tasked with developing port infrastructure in Batam Island.
ICTSI will carry out the project through PT Batu Ampar Container Terminal, its joint venture with Indonesian firm PT Interport Sarana Infrastruktur Indonesia.
“The BACT is the primary gateway for containerized trade in Batam and plays a critical role in the economic development of the region,” ICTSI said.
Batam Island is a designated special economic zone strategically located along the Malacca Strait, one of the world’s busiest shipping lanes.
The terminal has over 1,000 meters of quay length, five ship-to-shore cranes, and a developed backup area. Local container traffic surpassed 600,000 TEUs in 2024.
PT Interport is a wholly owned subsidiary of PT Indika Energy TBK, a major Indonesian group with interests in energy, infrastructure, and green businesses.