Bridge plan for Indonesia

A consortium in Indonesia is being established to push ahead with the US$16.7 billion Sunda Straits Bridge project. Organisational input for the consortium is coming from Indonesia's Public Work Ministry and the group will comprise private investors, state-owned companies and regional government-owned companies in Lampung and Banten provinces. The consortium will have to be established by the end of 2010 for the programme to remain on track.
May 29, 2012 Read time: 1 min
A consortium in Indonesia is being established to push ahead with the US$16.7 billion Sunda Straits Bridge project.

Organisational input for the consortium is coming from Indonesia's Public Work Ministry and the group will comprise private investors, state-owned companies and regional government-owned companies in Lampung and Banten provinces. The consortium will have to be established by the end of 2010 for the programme to remain on track.

Issues regarding implementation of the project, investment and estimated total cost of the project can only be discussed once the business entity is established.
Road Structures

Related Content

  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More
  • Italy has announced key project plans
    March 11, 2013
    Italy’s public road concession firm, ANAS, has signed an agreement with the region of Sardinia and the government for upgrade works on the Sassari-Olbia road worth a total €930.7 million.
    Read More
  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
    Read More

Highlighted Content