Skip to main content

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

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Vietnam plans highway building
    February 24, 2012
    Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project.
  • Papua New Guinea road rehab plan
    June 11, 2018
    The Asian Development Bank (ADB) is providing a loan facility that will help Papua New Guinea to rebuild its Highlands Highway.
  • Philippines Government approves key CALAX expressway project
    August 7, 2012
    The Philippines Government appointed National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved the Cavite-Laguna Expressway (CALAX) project.