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.
Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes
China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia.
Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
The Bogor-Ciawi-Sukabumi (Bocimi) toll road is a series of national strategic projects to help reduce traffic congestion along the existing factory-lined roadway, as well as enhance regional connectivity and tourism in West Java. Spanning 54 kilometers, the new highway corridor is expected to shorten travel time between the Bogor and Sukabumi provinces from two hours to 30 minutes and boost economic conditions in the surrounding Sukabumi area. Construction is divided into four phases, the first of which measures 15.35 kilometers and is already complete. PT Waskita Karya (Waskita) is the main contractor for the IDR 2.1 trillion second section, spanning 11.9 kilometers between Cigombong and Cibadak, and set for completion in 2023 after being delayed due to the pandemic.
Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans.
Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
