Indonesia tolled highway contract awarded

Construction firm Wijaya Karya (Wika) is heading the consortium that will build the Serang-Panimbang toll highway in Indonesia’s Banten province. The 40 year concession package for the US$825.85 million project was awarded to the state-owned construction firm and its two partners by the Toll Road Regulatory Agency. Wika has a 90% stake in the consortium, with the remainder held by its partners, Jababeka and Pembangunan Perumahan, which each have a 5% share. The construction work will be carried out in three
January 16, 2017 Read time: 1 min
Construction firm 5207 Wijaya Karya (Wika) is heading the consortium that will build the Serang-Panimbang toll highway in Indonesia’s Banten province. The 40 year concession package for the US$825.85 million project was awarded to the state-owned construction firm and its two partners by the Toll Road Regulatory Agency. Wika has a 90% stake in the consortium, with the remainder held by its partners, Jababeka and Pembangunan Perumahan, which each have a 5% share. The construction work will be carried out in three phases, with the first section running from Serang to Rangkasbitung. The second stretch will be between Rangkasbitung and Bojong while the third will be from Bojong to Panimbang.
Road Structures

For more information on companies in this article

Related Content

  • Indonesia is expanding its toll road network
    June 13, 2016
    The Indonesian Government is continuing with its massive programme of toll road expansion work. Deals for a number of key projects have now been agreed, with the work costing a total of US$3.63 billion in all. Construction activity will see the development of these important routes. Several of the road projects are being carried out under the PPP model. These include a 30km link in Banten that will connect Serpong with Balaraja, a 37km road in East Java from Pandaan to Malang and a 99km road in East Kaliman
    Read More
  • Indian highway deals awarded
    February 21, 2020
    Two important highway projects have been awarded in Rajasthan State.
    Read More
  • India’s capital highway project will improve transport connections
    October 10, 2017
    Huge numbers of construction machines as well as plant and equipment are working overtime, backed by mammoth manpower, to meet the targeted completion deadline of March 2018 for India’s Eastern Peripheral Expressway (EPE). The 135km arterial route is being built with six lanes and surrounds India’s National Capital, Delhi, its National Capital Region (NCR) and the industrially developed North Indian states of Haryana and Uttar Pradesh.
    Read More
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
    Read More

Highlighted Content