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 plans $490 billion infrastructure spend over the next five years
    October 8, 2014
    According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year. This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new
    Read More
  • Boom in Asian infrastructure investment
    April 5, 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
  • Indonesia’s important tolled highway underway
    December 10, 2012
    Work is said to be progressing on track in Indonesia with the Trans-Sumatra tolled highway. Construction of the section linking Aceh and Lampung Provinces looks set to be completed by the end of 2014 and is expected to open for traffic in early 2015. So far the work looks to cost in the region of US$625 million, with work being carried out by Hutama Karya. Meanwhile plans are also in hand for a new toll road for heavy trucks only that will connect West Java's Citibung and North Jakarta's Tanjung Priok Port.
    Read More
  • Indonesia planning more highways projects
    January 29, 2016
    The Indonesian Government is looking to source funding for a key highway project from the Asia Infrastructure Investment Bank (AIIB). The funding will be used for the highway connecting North and East Kalimantan. This project is expected to cost US$250 million.
    Read More

Highlighted Content