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

  • Key Russian road construction complete
    December 5, 2016
    Construction work on the Central Section of Russia’s Western High-Speed Diameter (WHSD) in St Petersburg is complete, with some small detail work now being finished off. The WHSD connects the Southern, Central and Northern sections of St Petersburg and will open to traffic at the end of December. VTB Capital was a key participant in funding the construction of the Central Section and is a major shareholder in the consortium that will operate the entire WHSD route.
    Read More
  • Loans are expected that will fund new toll road projects in Indonesia
    October 26, 2012
    In Indonesia the Ministry of Public Works has applied for loans worth US$122 million in its budget in 2013. This will be used to finance the development of three national toll road developments. The three toll road projects are the Tanjung Priok access toll road; the Cileunyi Sumedang Dawuan project; and the Medan-Kualanamu project. The loan for the Tanjung Priok project is from Japan International Cooperation Agency while the loans for the other two projects are from China.
    Read More
  • Transport plans for Indonesia
    November 28, 2012
    Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme. Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
    Read More
  • Indonesia toll road tenders to open
    May 15, 2020
    Indonesia will offer a series of toll road projects to tender.
    Read More

Highlighted Content