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 the tender process is commencing for the new Balikpapan-Samarinda toll road. The project had faced earlier delays due to problems over land acquisition along the route. These have now been solved and the project should be getting underway in October 2014. The Indonesian Government is investing some US$215 million in the project, although the inner of the tender will also be expected to invest in the scheme.
In Indonesia, state-controlled toll road operator Jasa Marga has secured a loan worth nearly US$124 million to finance its Medan-Kualanamu-Tebing Tinggi (MKTT) toll road project.
The loan is secured from a consortium of banks that include Bank BRI, Bank Mandiri and Bank BNI.
The total cost of the project is around $315 million. The tender process of the project is being conducted and the winning bidder will be revealed in May.
Jasa Marga operates and manages 13 toll road concessions directly and nin
Malaysia is pushing ahead with a series of construction projects that will form sections of the Pan Borneo Highway in Sarawak. Work will go ahead on eight sections of this important route and this will form phase one of the project, with the cost anticipated as some US$3.05 billion. The eight packages consist of the 95km stretch from Sematan to Sungai Moyan Bridge, an 89km stretch connecting Pantu Interchange with Batang Skrang and the 80km section from Sungai Tangap Interchange to the Pujut Link Road. They
A major toll road development programme in Indonesia will see nearly 70km of new links opening by 2023. The programme is worth US$2.99 billion and has been pushed forward by Jakarta Tollroad Development (JTD). Around 50% of the planned links are already complete.
