Indonesia pushes ahead with highway projects

The Indonesian Government is on track with its schedule of building new highway links to increase connectivity. The Indonesian Government looks likely to require investment of US$20 billion for infrastructure projects in 2013, but as this exceeds its own resources, private investment and concession packages will help fill the gap. The Ministry of Transportation established the Indonesian Economic Development Acceleration and Expansion Masterplan that set out a template for the projects, many of which are du
December 11, 2012 Read time: 1 min
The 1065 Indonesian Government is on track with its schedule of building new highway links to increase connectivity. The Indonesian Government looks likely to require investment of US$20 billion for infrastructure projects in 2013, but as this exceeds its own resources, private investment and concession packages will help fill the gap. The Ministry of Transportation established the Indonesian Economic Development Acceleration and Expansion Masterplan that set out a template for the projects, many of which are due for completion in 2013. Meanwhile the concessionaire for the Batang-Semarang Toll, Marga Setia Puritama, is required to sign an amended toll road control agreement by Indonesia’s Toll Road Regulatory Agency. The Batang-Semarang toll is projected to be completed in 2014.

For more information on companies in this article

Related Content

  • Indonesia’s mega road plans to include tolling -
    December 4, 2012
    The Ministry of Public Works in Indonesia has allocated US$5.33 billion (IDR 50.35 trillion) for a development master plan set to include improvements to vital access and toll roads. Among the projects in the Acceleration and Expansion of Economy Development master plan up until 2014 are access roads from Nabire to Narotali; from Manokwari to Sorong in Papua; from Sei Mangke to Kuala Tanjung in North Sumatra; and from Tanjung Priok to the Metropolitan Priority Area. It also includes the Cileunyi-Sumedang-Da
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content