Indonesian deal

Only two firms have submitted bids for the project to build six inner toll roads in Indonesia's capital, Jakarta. The US$4.4 billion project is expected to be developed in four phases. The 68km toll road project is thought to have generated less interest among bidders because of its high investment costs.
April 24, 2012 Read time: 1 min
Only two firms have submitted bids for the project to build six inner toll roads in Indonesia's capital, Jakarta. The US$4.4 billion project is expected to be developed in four phases. The 68km toll road project is thought to have generated less interest among bidders because of its high investment costs. Indian firm Wellspon from India and the Jakarta Tollroad Development consortium have submitted bids. The consortium is comprised of a number of parties including 5204 Pembangunan Perumahan, 5205 Adhi Karya, 5206 Hutama Karya, 5207 Wijaya Karya and 4911 Citra Marga Nusaphala Persada.
Highway & Network Management

For more information on companies in this article

Related Content

  • State consortium to build US$13.1bn Jakarta-Surabaya offshore toll highway
    October 7, 2013
    A consortium of up to 19 state-owned enterprises in Indonesia plan to build a major portion of a US$13.1 billion (IDR 150 trillion) tolled highway between Jakarta and Surabaya on the sea. Among the state-owned enterprises that will join the ambitious 775km-long megaproject are construction firms Waskita Karya, Adhi Karya, and Pembangunan Perumahan; lenders Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Mandiri; as well as port operators Pelindo II and Pelindo III. According to State
    Read More
  • Philippines elevated tollroad project awarded
    June 5, 2018
    The project for an elevated toll road link in the Philippines has been awarded. The new Taguig Express Way (MTEX) will be constructed in the capital Manila jointly by Indonesian firm Wijaya Karya (Wika) and Citra Marga Nusaphala Persada. The project for the 18.2km MTEX link is costing US$832.8 million. This stretch will connect the Metro Manila Expressway and Metro Manila Skyway Stage 3 with Makati, Manila and Pasig City.
    Read More
  • Indonesia road contracts awarded
    January 7, 2021
    Important Indonesian road contracts have been awarded.
    Read More
  • Indonesia’s new toll road projects through public private partnerships
    December 16, 2013
    Public private partnerships (PPP) are being set up by the Indonesian Government to construct three toll road projects valued at US$783.3 million (IDR 9.40tn). Tender for the projects will be launched in 2014, with construction due to begin the following year. A 39km Manado-Bitung road in North Sulawesi; a 37.6km road in Malang-Pandaan in East Java; and 15.8km Medan-Binjai road in North Sumatra comprise the three toll road projects. The three projects are due for completion by the end of 2017. Also in Indon
    Read More

Highlighted Content