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Indonesia expanding toll roads

Indonesia is continuing with its toll road expansion programme. The construction firm Jakarta Tollroad Development (JTD) is speeding up the construction of the six toll roads in Jakarta. The projects are expected to cost in the region of US$3.16 billion. These form part of the programme to construct 47 toll new roads, with this work making up Indonesia’s National Strategic Project. JTD is sourcing funding in the form of syndicated bank loan. Bank Mandiri is supplying this loans package.
March 10, 2016 Read time: 1 min
Indonesia is continuing with its toll road expansion programme. The construction firm Jakarta Tollroad Development (JTD) is speeding up the construction of the six toll roads in Jakarta. The projects are expected to cost in the region of US$3.16 billion. These form part of the programme to construct 47 toll new roads, with this work making up Indonesia’s National Strategic Project. JTD is sourcing funding in the form of syndicated bank loan. Bank 1077 Mandiri is supplying this loans package.

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