Work resumes on Indonesian tollway

Construction work on Indonesia’s Bekasi-Jakarta toll road has recommenced after a break of close to 20 years. The work on the 21km Bekasi-Jakarta toll road was originally started by Kresna Kusuma Dyandra Marga (KKDM), a consortium headed by state-run Waskita Karya, with a 60% share in the package. However work on the project was stopped in the late 1990s due to the Asian financial crisis. The deal for the link will see KKDM operating the toll road, which is costing US$600 million. State funds worth some $2
October 22, 2014 Read time: 2 mins
Construction work on Indonesia’s Bekasi-Jakarta toll road has recommenced after a break of close to 20 years.  The work on the 21km Bekasi-Jakarta toll road was originally started by Kresna Kusuma Dyandra Marga (KKDM), a consortium headed by state-run Waskita Karya, with a 60% share in the package. However work on the project was stopped in the late 1990s due to the Asian financial crisis. The deal for the link will see KKDM operating the toll road, which is costing US$600 million. State funds worth some $29.2 million will pay for the necessary acquisition of land required for the work. The toll road construction will be carried out be in two sections; the 10km Jaka Sampurna-Duren Jaya stretch; the 11km Casablanca-Jaka Sampurna stretch. Completion of the $325 million Casablanca-Jaka Sampura section is due within 36 months. Of the funding required for this section, 70% will be from bank loans Waskita providing the rest.
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