Work on a 39km toll road linking Pemalang with Batang in Indonesia is expected to start in mid-2012, although the finance structure is still being established.
February 23, 2012
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Indonesia toll projects Work on a 39km toll road linking Pemalang with Batang in Indonesia is expected to start in mid-2012, although the finance structure is still being established.
In Indonesia, economic losses due to traffic accidents reportedly add up to around US$18.16 billion (IDR 200 trillion) a year – 2.9% of the nation’s annual gross domestic product. Data from the police showed that a total of some 120,000 traffic accidents were reported in 2012 contributing to a death toll of nearly 30,000 people. The figures were revealed during the 12th Regional Conference of Road Engineering on 22 October 2013 in West Java.
Israeli firm Solel Boneh is one of the preferred bidders for a toll road project in Montenegro, along with an as yet un-named European company. The tender is worth €1 billion and is for a 30 year concession for a 170km toll road. The project is Montenegro’s first PPP and is also the country’s largest ever infrastructure package. The road will run from Boljare on the Serbian border and the Adriatic Sea port of Bar.
Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
