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

  • Indonesia’s Trans-Papua road gets priority to support National Games
    May 14, 2015
    Indonesia’s president Joko Widodo has vowed to complete the Trans-Papua Highway by 2019, two years later than previously scheduled. Work on the seven-year old project has been dogged by difficulties, including transporting construction equipment and material around the mountainous province on the island of New Guinea, the Jakarta Post newspaper reported The Ministry of Public Works and Public Housing said it will spend around $4.36 billion this year on infrastructure nationally. This will include reha
    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
  • Indonesia set for major PPP infrastructure tendering round
    March 10, 2015
    The Indonesian government is getting ready to tender for major infrastructure projects including roads to be developed under public-private partnership (PPP) contracts, the Jakarta Post reported. Public Works and Public Housing minister Basuki Hadimuljono said in Jakarta that the first priorities would be on the 94km Balikpapan-Samarinda toll road, the 7km Manado-Bitung toll road in North Sulawesi and a drinking water treatment system project in western Semarang, central Java. The projects will prove that P
    Read More
  • Extensions are planned to the road network in Indonesia’s Papua and West Papua
    March 26, 2013
    Indonesia’s Government is building 1,520km of new roads on Papua and West Papua. The work is proving challenging as Papua and West Papua both feature harsh terrain. Some US$154.2 million is being spent on this construction work, according to figures from the Presidential Unit to Accelerate the Development of Papua and West Papua (UP4B). Help for the work is being provided by local administrations and Indonesia’s Public Works Ministry. UP4B has also sought for help from the Indonesian Military (TNI) for the
    Read More

Highlighted Content