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

  • Colombia: New decree allows pension funds to finance 4G projects
    June 25, 2015
    Columbian president Juan Manuel Santos Colombia has said pension fund money could help finance the country’s ambitious 4G motorway projects. Columbia has 35 road projects underway costing more than US$11.7 billion, including the first two 4G tender waves with six public-private partnerships that have already been approved. During a banking convention held in the coastal city of Cartagena in mid-June, Banco Davivienda president Efrain Forero lending capacity studies have been completed for 4GH projects
    Read More
  • Chinese funding for Senegal road project
    August 21, 2015
    Chinese funding will help deliver the construction of a major new road project in Senegal. A loan worth US$704.6 million will help finance the construction of Senegal’s new 113km highway connecting Touba and Thiès. The contractor China Road and Bridge Construction (CRBC) will carry out the construction works, which is expected to require 45 months to complete. The loan will be paid back over a 25-year period using toll revenues.
    Read More
  • Indonesia toll road tender opening
    November 29, 2016
    The tender process for four major toll road projects in Indonesia will commence during 2017. The Indonesian Government is partnering with the World Bank to handle the four projects. The new Bali toll road will improve transport links in Bali, while the construction of the Tegal-Cilacap toll road will provided a much-needed new link in Central Java. Also being planned are the Jogya-Bawen toll road and the Sukabumi-Ciranjang-Padalarang toll road. Indonesia’s Toll Road Regulatory Agency is working on costings
    Read More
  • Kenyan link
    February 14, 2012
    Funding from Japan is helping speed construction of a new bypass in Kenya. The US$190 million grant from the Japanese International Corporation Agency (Jica) will be used for the project to build the 17.5km Southern bypass for the South Coast of Mombasa.
    Read More

Highlighted Content