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

  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
    Read More
  • Lane Construction to carry out Florida highway deal
    November 24, 2017
    Lane Construction Corporation will carry out construction work worth US$134.6 million on a stretch of highway in Florida. This 21km section of the new Suncoast Parkway 2 will run to the north of Tampa, along Florida’s western coast. The route is intended to be a major transport corridor for the state and will feature four lanes. Called SR 589, the tolled route will run from South of SR 700 (US 98) to SR 44 in Hernando and Citrus Counties. Lane Construction is building the second of two sections of the Sunco
    Read More
  • Major Canadian toll road extension project awarded
    May 25, 2012
    A joint venture formed by SNC Lavalin and Cintra Infrastructure will handle the contract to extend Highway 407 in Canada. This US$974.4 million (C$1 billion) deal was awarded by the authorities in Ontario to a joint-venture called the 407 East Development Group General Partnership and is a partnership between Spanish firm Cintra (a subsidiary of Ferrovial) and Canadian company SNC-Lavalin of Canada. The partnership will build, design and maintain Phase 1 of the new Highway 407 East. The construction work is
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More

Highlighted Content