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

  • National Highway Authority of India (NHAI) rolls out new PPP regime
    January 11, 2016
    Financially delinquent contractors working on Indian projects will, from now on, find they are labelled a “non-performer” and barred from further work until they remedy their cash flow. The move by the National Highway Authority of India (NHAI) is an attempt to speed up site work and complete public-private partnership road projects on time. Under the new policies, firms that delay construction or fail to inject their share of capital into their projects will be barred from participating in fresh bids un
    Read More
  • Bentley Systems announces finalists in awards programme
    August 9, 2018
    Software specialist Bentley Systems has announced the finalists for its 2018 Awards Programme. The winners for the awards scheme will be selected and announced at Bentley’s Year in Infrastructure 2018 Conference, from October 15th-18th, being in London. The annual awards programme honours the work of Bentley users advancing infrastructure design, construction, and operations throughout the world. In all 12 independent jury panels of distinguished industry experts selected the 57 finalists from 420 nominati
    Read More
  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More
  • Indonesia’s key highway project
    July 21, 2020
    Indonesia’s key Trans-Sumatra highway project will be complete in 2024.
    Read More

Highlighted Content