Indonesia’s Hutama Karya to start construction of Trans-Sumatra toll road

Construction firm Hutama Karya (HK) of Indonesia says it will next year begin to build the US $ 34.3 billion (IDR 330trn) 2,700km long Trans-Sumatra toll road. Phase 1 of the project will be carried out by the company and a subsidiary, Jalan Tol Hutama Karya, will be set up to work on the project, said Ari Widiyantoro, corporate secretary of HK.
October 16, 2012 Read time: 1 min
Construction firm 5206 Hutama Karya (HK) of Indonesia says it will next year begin to build the US $ 34.3 billion (IDR 330trn) 2,700km long Trans-Sumatra toll road.

Phase 1 of the project will be carried out by the company and a subsidiary, Jalan Tol Hutama Karya, will be set up to work on the project, said Ari Widiyantoro, corporate secretary of HK.

The overall toll road, which will like Aceh in Sumatra with Lampung, will be the biggest of its kind in the country. Phase 1 of the project will cost about IDR 30tn and it is due for completion within three years. HK's equity will be used for financing about 30% of the cost.

For more information on companies in this article

Related Content

  • Indonesia’s Trans-Sumatra highway inches ahead
    March 11, 2015
    Indonesia will form a consortium of state enterprises to build all the 2,700km of the Trans-Sumatra toll highway, from Lampung to Aceh on the island of Sumatra. The finance department is also setting up special infrastructure banks to provide flexible loans for the state departments to fund the project, Indonesian media reported. Indonesia recently changed the law that had the state infrastructure company PT Hutama Karya as the only organisation allowed to build major projects. Other state enterprises can n
    Read More
  • Trans-Sumatra costs reach $1.7 billion, according to Hutama Karya
    November 14, 2016
    The cost for completing the three toll road sections of the Trans-Sumatra project will be almost US$1.7 billion, according to a major Indonesian construction firm. Hutama Karya is working on the 140km stretch from Bakauheni-Terbangi Besar, the 28km Palembang-Simpang Indralya section and the 18km Medan-Binjai stretch, said the company’s managing director, Gusti Ngurah Putera The Trans-Sumatran Highway is the primary north-south road, running around 2,500km on the island of Sumatra. It connect the north
    Read More
  • Sections nearly ready for Indonesia’s trans-Sumatra route
    March 19, 2019
    Key sections of Indonesia’s important trans-Sumatra highway project are nearly ready for traffic. A 350km stretch that will connect with the city of Palembang should be open shortly. Meanwhile construction of the 141km Bakauheni to Terbanggi Bedar stretch is now starting, with this work being carried out by contractor Hutama Karya. The plans for the 2,765km trans-Sumatra toll road project call for the route to be complete by 2024. This will connect Aceh at the northern end of Sumatra with Lampung on the so
    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

Highlighted Content