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
Read time: 1 min
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 massive bridge project is being planned for Indonesia that will play a key role in the country’s development of its new capital. Building the 7.35km Balikpapan-North Penajam Paser bridge will provide a connection to Penajam. Constructing the bridge is expected to cost over US$1.02 billion, with work expected to start in 2020. The bridge will be tolled. Serious issues are impacting on Jakarta, with the city suffering heavily from pollution and congestion, as well as its land area sinking. This combination
A major new road connection is being planned in Indonesia. Interest has been strong in the tendering process for the Sumatra East Road crossing, according to the authorities. The project will be located in South Sumatra and is expected to cost US$154 million. The tender process is due to end in mid-August 2018, when the winner will be announced. Construction is scheduled to start in the second quarter of 2019.
A financing deal has been signed for a portion of a major highway project in Indonesia. The US$91 million loan package has been signed between Indonesian infrastructure financing company, Sarana Multi Infrastrucktur (SMI), and contractor, Hutama Karya. This will help pay for work on the 22km Palembang-Indrayala stretch of the 2,700km Trans Sumatra 2,700km highway project. The funds will be made available in three tranches. Funding from state sources will provide the remaining funds required for the Palemban
Construction firm Hutama Karya (HK) of Indonesia says it will next year begin to build the US $ 34.3 billion (IDR 330trn) 2,700km long Trans-Sumatra toll road. Phase 1 of the project will be carried out by the company and a subsidiary, Jalan Tol Hutama Karya, will be set up to work on the project, said Ari Widiyantoro, corporate secretary of HK.
