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

  • Colombian infrastructure projects boost
    February 22, 2022
    Colombian infrastructure projects will be boosted with new budget.
    Read More
  • World Bank loan for Bolivia roads
    November 16, 2015
    A loan from the World Bank (WB) will help fund repair work to a key road link in Bolivia. The US$225 million loan will be used to improve roads in Bolivia, with the most important project being for the repair and upgrade of the link connecting Trinidad with Santa Cruz. The funds will help pay for improvements to a 567km stretch of this road, which will be resurfaced and improved. The work is expected to cost around $215 million to complete
    Read More
  • Tenders and financing for Serbian highways
    November 22, 2013
    The Serbian Government is considering a loan from China’s Export-Import Bank, which would pay for the construction of the E-763 highway. The bank looks set to give its approval for the €223 million loan, which would pay for 90% of the construction work for the E-763, or Obrenovac-Ljig, highway. The loan would be approved over a 20 year repayment period and a five year grace period at the fixed rate of 2.5%/year. Meanwhile tendering will open for completion works on Serbia’s Pirot-Dimitrovgrad highway unti
    Read More
  • US$417 million loan for North Carolina toll road upgrade
    February 20, 2024
    A US$417 million loan will help pay for a key North Carolina toll road upgrade.
    Read More

Highlighted Content