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.
Work is on track for the building of a key toll road project in Indonesia’s East Kalimantan. The 99.35km toll road runs between Samarinda and Balikpapan and will cut the travel time between the two from three hours to just one hour. The project is costing US$653.2 million to carry out. Work is almost complete for the stretches from Muara Jawa to Palaran and from Samboja to Muara Jawa sections. The section from Balikpapan to Samboja should be ready by April 2019 and the stretch from Samarinda to Palaran shou
A US$415.45 million (IDR 4.7 trillion) loan has been agreed for a new 75.67km toll road as part of the Trans Java toll road project in Indonesia.
Trans Marga Jateng, the 60:40 joint venture of Indonesian state-owned toll-road operator Jasa Marga and Central Java's state-owned infrastructure firm Sarana Pembangunan Jawa Tengah, has secured the 15-year syndicated loan from a group of lenders headed by state-owned bank Bank Mandiri.
The new toll road will run from Solo to Semarang through Salatiga and Boyola
Columbia’s National Infrastructure Agency (ANI) will help finance construction of the Toyo tunnel in Antioquia.
The tunnel, nearly 10km-long and costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas.
The central government will contribute $216 million towards the project, the regional government of Antioquia will contribute $337 million and the Medellin government will pitch in with $212 million.
