Indonesia toll road concession pact to be signed in December 2012

The Toll Road Regulator Agency (TRRA) for Indonesia plans to seal the concession agreement for six Jakarta city toll roads in December 2012, three months later than expected. TRRA officers are said to be studying the proposal documents submitted by Jakarta Tollroad Development. The investment for the project has increased from US$4.21 billion (IDR 40trn) to between IDR42trn-IDR43trn, according to TRRA head, Achmad Gani Gazaly.
August 29, 2012 Read time: 1 min
The Toll Road Regulator Agency (TRRA) for Indonesia plans to seal the concession agreement for six Jakarta city toll roads in December 2012, three months later than expected.

TRRA officers are said to be studying the proposal documents submitted by Jakarta Tollroad Development. The investment for the project has increased from US$4.21 billion (IDR 40trn) to between IDR42trn-IDR43trn, according to TRRA head, Achmad Gani Gazaly.

The 69.77-km toll project includes Pasar Minggu-Casablanca; Ulujami-Tanah Abang; Kemayoran-Kampung Melayu; Kampung Melayu-Duri Pulo; Sunter-Pulo Gebang; dan Semanan-Sunter. The consortium comprises of Citra Marga Nusaphala Persada; Adhi Karya; Wijaya Karya; Pembangunan Perumahan; and Jakarta Propertindo Pembangunan Jaya Group.

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