Loans are expected that will fund new toll road projects in Indonesia

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.
October 26, 2012 Read time: 1 min
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 2416 Japan International Cooperation Agency while the loans for the other two projects are from China.

For more information on companies in this article

Related Content

  • Funding secured for Indonesia road project
    October 12, 2018
    A funding package has been secured that will help pay for a major road project in Indonesia. The project forms part of the Trans-Sumatra toll road and the funding comes in the shape of a loan worth US$600.45 million, which is being supplied by Indonesia’s Bank Negara. Hutama karya will use the loan to help pay for its work on the Terbanggi to Kayu Agung stretch of the Trans Sumatra road project.
    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
  • Funding for Indonesia’s new capital
    February 6, 2025
    Funding is being secured for the construction of Indonesia’s new capital.
    Read More
  • Indonesia seeks investment for West Java toll roads
    April 26, 2016
    Indonesia is going ahead with three toll road concessions in West Java, according to the head of the Toll Road Regulatory Agency, Herry Trisaputra Zuna. The three toll roads - Cileunyi-Banjar; Ciranjang-Padalarang; and Sukabumi-Ciranjang - will need total investment of up US$1.54 billion, he said. However, tenders will not be held this year, as preparation work for the projects, including feasibility study and land documentation, are only now being reviewed.
    Read More

Highlighted Content