Major highway projects for Indonesia

A series of major highway projects are in planning for Indonesia. A joint venture comprising Waskita Karya and Jasa Marga is now taking over Solo-Kertonoso Toll Road project. This follows a move by Thiess Contractor Indonesia (Thiess), which sold its 95% equity in the Solo-Kertonoso Toll Road project to the joint venture for US$33.65 million. Construction is commencing in May 2015. The 177.7km road, which is to be built as part of the Trans Java Highway, will link the cities of Kertonoso and Solo via Ngawi
April 17, 2015 Read time: 2 mins
A series of major highway projects are in planning for Indonesia. A joint venture comprising 7966 Waskita Karya and 1083 Jasa Marga is now taking over Solo-Kertonoso Toll Road project. This follows a move by Thiess Contractor Indonesia (2642 Thiess), which sold its 95% equity in the Solo-Kertonoso Toll Road project to the joint venture for US$33.65 million. Construction is commencing in May 2015. The 177.7km road, which is to be built as part of the Trans Java Highway, will link the cities of Kertonoso and Solo via Ngawi upon its completion.

Meanwhile construction of the Cibitung-Cilincing toll road is set to begin in 2016. The project is being handled by PT Akses Pelabuhan Indonesia (API), a unit of PT Pelabuhan Indonesia II (Pelindo II). The 34km toll road will become operational in 2018. The confirmation comes after API purchased 45% of PT MTD CPT Expressway interests in the concession. PT MTD CTP Expressway holds concession permits in the toll road. Construction firm PT Nusacipta Eka Pratama and investment holding firm 3185 MTD Capital hold 5% and 50%, respectively. The toll road is projected to ease the transporation of goods to Tanjung Priok Port in North Jakarta and help grow the efficiency of logistical activities.
Road Structures

For more information on companies in this article

Related Content

  • Indonesia’s Trans Marga Jateng secures key new toll road loan
    April 8, 2014
    A US$415.45 million (IDR 4.7 trillion) loan has been agreed for a new 75.67km toll road as part of the Trans Java toll road project in Indonesia. Trans Marga Jateng, the 60:40 joint venture of Indonesian state-owned toll-road operator Jasa Marga and Central Java's state-owned infrastructure firm Sarana Pembangunan Jawa Tengah, has secured the 15-year syndicated loan from a group of lenders headed by state-owned bank Bank Mandiri. The new toll road will run from Solo to Semarang through Salatiga and Boyola
    Read More
  • Indonesia’s mega road plans to include tolling -
    December 4, 2012
    The Ministry of Public Works in Indonesia has allocated US$5.33 billion (IDR 50.35 trillion) for a development master plan set to include improvements to vital access and toll roads. Among the projects in the Acceleration and Expansion of Economy Development master plan up until 2014 are access roads from Nabire to Narotali; from Manokwari to Sorong in Papua; from Sei Mangke to Kuala Tanjung in North Sumatra; and from Tanjung Priok to the Metropolitan Priority Area. It also includes the Cileunyi-Sumedang-Da
    Read More
  • New Indonesia toll road project
    September 12, 2016
    Three firms are to carry out construction work on a 98.5km road upgrade project in Indonesia. The project is expected to cost around US$606 million and involves upgrading the north-south route connecting Parapat, Pematang Siantar and Tebing Tinggi in North Sumatra. The project will be headed by Hutama Karya, with Waskita Karya and Jasa Marga also being involved in the road construction work. The upgraded route will be tolled and the Indonesian Government has been keen to prioritise the upgrade of this road
    Read More
  • New toll road link for Indonesia
    June 24, 2016
    Work is progressing on an important toll road project in Indonesia that will link Bogor, Sukabumi and Ciawi in West Java. The construction work is being carried out by Trans Jabar Tol, a subsidiary of state-owned firm Waskita Karya. The project is costing some US$577.6 million and will reduce travel time from Sukabumi to Indonesia’s capital Jakarta to one hour, compared with the four hours the journey can take at present. The project was intended to be complete by 2018 but could now take until 2019 to finis
    Read More

Highlighted Content