Indonesian road company seeks road financing

Indonesian toll road operator Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.
March 23, 2015 Read time: 1 min
Indonesian toll road operator 1083 Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Kenya-Tanzania connection partial funding found
    October 13, 2017
    A large chunk of the funding required for the improved road connection between Kenya and Tanzania has now been sourced. The African Development Bank (AfDB) will provide US$300 million of the financing required for the project. However the remaining $485 million of funding necessary still remains to be secured.
    Read More
  • Indonesian road projects planned
    November 27, 2020
    Indonesian road projects are being planned.
    Read More
  • Pakistan rebuilding flood-damaged infrastructure
    January 26, 2017
    Pakistan is setting out plans to rebuild infrastructure that has been damaged by flooding. The work to rebuild highways and bridges damaged by the flooding is expected to cost nearly US$219 million. Funding to help pay for the work is being provided in the shape of a loan worth close to $197 million from the Philippines-based Asian Development Bank (ADB). Pakistan’s National Highways Authority (NHA) has set out a programme of works that involves repairing and upgrading a total of 212km of road as well as 33
    Read More
  • Trans-Sumatra Highway toll road project
    June 8, 2020
    The Trans-Sumatra Highway toll road project is being prioritised.
    Read More

Highlighted Content