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

  • Indonesia toll road tender bdding
    July 28, 2015
    Indonesia’s state-owned toll operator, Jasa Marge, is bidding for two major toll road projects. The toll road operating concessions are for the Balikpapan-Samarinda and Manado-Bitung routes. The 99m Balikpapan-Samarinda toll road will connect capital Jakarta with East Kalimantan province. By 2018, the 39km Manado-Bitung toll road will run between the western and eastern parts of North Sulawesi. Jasa Marga has also found the financing necessary to fund the Medan-Kuala Namu-Tebing Tinggi toll road in Deli
  • Indonesia’s Trans Marga Jateng secures key new toll road loan
    April 8, 2014
    A US$415.45 million (IDR 4.7 trillion) loan has been agreed for a new 75.67km toll road as part of the Trans Java toll road project in Indonesia. Trans Marga Jateng, the 60:40 joint venture of Indonesian state-owned toll-road operator Jasa Marga and Central Java's state-owned infrastructure firm Sarana Pembangunan Jawa Tengah, has secured the 15-year syndicated loan from a group of lenders headed by state-owned bank Bank Mandiri. The new toll road will run from Solo to Semarang through Salatiga and Boyola
  • Indonesia planning new tolled routes
    July 24, 2019
    Indonesia is planning to construct more tolled highways as well as bridges. One novel proposal is for a new tolled road that will run along the sea dike protecting the Jakarta Coast. This new road is intended to lower congestion levels in North Jakarta by providing an alternative route to existing links. Indonesia’s Transport Ministry is working with the Korea International Partnership Agency and the Dutch Water and Infrastructure Management Agency on the National Capital Integrated Coastal Development (NC
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin