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.
A loan facility has been secured which will help provide the necessary funding for a project planned by Waskita Toll Road in Indonesia. The loan is worth US$151.1 million and is being provided by a number of finance agencies. The bodies providing the financing package are Sarana Multi Infrastrukture and Bank Syariah Mandiri. The financing will be used by Waskita Toll Road’s Trans Jawa Paspro Jalan Tol division for a 31km toll road connecting Pasuruan with Probolinggo.
Proposals to construct the Sunda Strait Bridge are not feasible, according to the Ministry of Energy and Mineral Resources of Indonesia. Safety risks from earthquakes, tsunami, high tides and extreme weather conditions make the project impractical. A US$75.46 million feasibility study was carried out for the project. This pointed out that the bridge is at a high risk from earthquakes and tsunamis due to its vicinity to the Anak Krakatoa volcano.
