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

  • Funding issues for Georgia projects
    February 28, 2012
    Problems are appearing with regard to plans for transport funding set out by the Georgia Department of Transportation.
  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
  • Construction work will start shortly on major Indonesian tollroad
    July 22, 2013
    In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t