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

  • Japan's record boost for Bangladesh economy
    February 13, 2012
    The overseas aid arm of the Japanese government has given the green light to three record loans, totaling US$670 million in support of Bangladesh's growing economy.
    Read More
  • Bangladesh sees bridge funding hit
    February 16, 2012
    Funding for the new Padma Bridge Project has been affected by the earthquake and tsunami that hit Japan.
    Read More
  • Indonesia toll roads being built
    September 2, 2015
    Key highway projects are being planned for Indonesia. The Indonesian firm Wijaya Karya (Wika) will work on three toll road projects in the country worth just over US$922 million. The projects are for the Samarinda-Balikpapan, Manado-Bitung and the Soreang-Pasirkoja routes. The firm hopes to fund the projects using a mix of state and private funding. Meanwhile the toll road operator Jasa Marga is working on securing the funding it needs to finance work on the Kertosono-Ngawi-Solo section of the Transjava Hig
    Read More
  • Philippines implementing transport projects
    March 3, 2017
    A series of major highway projects are now being implemented in the Philippines. Key projects being implemented close to Davao City include the US$380 million Davao City-Panabo City bypass, the $537.5 million Coastal Road and two flyovers worth $14 million in total. The bypass project will cut journey times and includes the construction of a tunnel section, with a portion of the funding being provided by the Japan International Cooperation Agency (JICA). The new coastal route will also cut congestion and jo
    Read More

Highlighted Content