Indonesia’s US$914.8mn Solo-Mantingan-Kertosono toll road will be a PPP

Indonesia’s proposed US$914.8 million (IDR 8.97tn) 177km Solo-Mantingan-Kertosono toll road is to be developed under the public private partnership (PPP) scheme with Theis Contractors Indonesia, according to Rido Matari Ichwan, head of planning and public works at the Ministry of Foreign Affairs. The project will be receiving loans from China amounting to $300 million. Construction is expected to start by end of 2013.
June 3, 2013 Read time: 1 min
Indonesia’s proposed US$914.8 million (IDR 8.97tn) 177km Solo-Mantingan-Kertosono toll road is to be developed under the public private partnership (PPP) scheme with Theis Contractors Indonesia, according to Rido Matari Ichwan, head of planning and public works at the Ministry of Foreign Affairs.

The project will be receiving loans from China amounting to $300 million. Construction is expected to start by end of 2013.

Related Content

  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Indonesia: Jasa Marga secures four highway concession deals
    June 8, 2016
    Toll road operator Jasa Marga of Indonesia has added four contracts at a cost of nearly US$2.4 billion to its highway concession portfolio. Jasa Marga hold equity of between 55% and 65% in each project, according to a report by the Jakarta Post newspaper. The contracts are for the 40km Bitung-Manado Highway in Sulawesi, the 99km Samarinda-Balikpapan Highway in Kalimantan, the 38km Malang-Pandaan Highway in East Java and the 75km Semarang-Batang Highway in central Java. Netherlands-based Indonesia I
    Read More
  • Report claims that Germany’s toll roads are too expensive
    January 4, 2016
    Toll roads built in Germany under public-private partnerships deals has been costing taxpayers much more than originally planned, a government spending watchdog has claimed. An internal report the German Federal Audit Office (BRH) has criticised PPP plans for private motorway construction as laid out by the Minister of Transport and Digital Infrastructure Alexander Dobrindt. According to the report in the Frankfurter Allgemeine Zeitung, five out of the total six motorways built through a PPP deal resu
    Read More
  • Multi-billion dollar Vietnam transport projects to be supported by ODA of Japan
    December 16, 2013
    A total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013. The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013. The Quang Ngai-Danang and D
    Read More

Highlighted Content