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

  • Funding secured for Indonesia road project
    October 12, 2018
    A funding package has been secured that will help pay for a major road project in Indonesia. The project forms part of the Trans-Sumatra toll road and the funding comes in the shape of a loan worth US$600.45 million, which is being supplied by Indonesia’s Bank Negara. Hutama karya will use the loan to help pay for its work on the Terbanggi to Kayu Agung stretch of the Trans Sumatra road project.
    Read More
  • Romanian roads under construction
    May 9, 2012
    Funding worth some €177.5 million from the European Commission (EC) will pay for a highway construction project in Romania. This non-refundable financing will pay for the construction of a 27.4km stretch of the Lugoj-Dumbrava highway. This section forms part of Lugoj-Deva highway that is itself a part of the Pan-European Corridor IV.
    Read More
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More
  • Indonesia toll road project starting soon
    January 14, 2019
    Work will commence soon on Indonesia’s South Cikampek II-Jakarta toll road project. The 64km highway project is benefiting from funding from the Bank Negara Indonesia, Bank Central Asia, and Bank Mandiri. These have each contributed US$91.06 million. In all, the project is costing $970 million. The project is being managed by Indonesian firm Jasamarga Japek Selatan.
    Read More

Highlighted Content