Publically-listed PT Samudera Indonesia plans to construct an IDR375 billion (US$41.28 million) container terminal at Samarinda port in Indonesia's East Kalimantan province.

PT Samudera Indonesia's corporate secretary Diana Iskandar said the terminal will be jointly operated by the company and state-owned port operator Pelindo IV and the regional government of East Kalimantan, Antara news agency said.

The company plans to set up a subsidiary, named PT Pelabuhan Samudera Palaran (PSP), which is a joint venture between PT Samudera Indonesia and PT Pelindo II, to operate the terminal.

PSP is expected to later receive its rights and obligations on development of the container terminal facilities from PT Samudera Indonesia.

"Construction of the terminal is expected to be completed in two years," she added.