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

  • Road repair works planned for Indonesia
    May 24, 2023
    Road repair works are being planned for Indonesia.
  • New congestion busting plan for Philippines
    October 10, 2014
    A new transport plan is being drawn up in the Philippines in a bid to deal with the country’s frequent traffic delays. The National Economic and Development Authority (NEDA) has commissioned the World Bank to set out a country-wide infrastructure roadmap. This plan is called the 'Philippine Transport Infrastructure Development' by the World Bank is in broadly in line with the Japan International Cooperation Agency (JICA)'s 'Dream Plan' for the country. Both outline sustainable development for Manila by 2030
  • Uzbekistan to take out further road building loans
    February 15, 2016
    Uzbekistan will take out a US$405 million loan with the Asian Development Bank in the second half of this year for completion of a motorway from Central Asia to China. ADB will provide three loan in three tranches. Last autumn, Uzbekistan said it will target of 2,700km of new highways by 2019 at a cost of around $590 million. Around 2,280km will have a bituminous concrete surface and 418km will be a concrete surface. Uzbekistan has been setting out a major plan for road repairing, rebuilding and up
  • Japanese funding for Philippines tunnel project
    January 30, 2017
    A new tunnel project in the Philippines is to be constructed with the help of Japanese funding. The project calls for the building of a new tunnel section connecting the centre of Davao City with its southern tip. Necessary funding for the work is being provided by the Japan International Cooperation Agency (JICA). The official development assistance (ODA) loan being provided by the JICA is worth US$232.74 million. The new Davao City bypass construction project in 2015 will be developed using Japanese exper