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

  • Mersey Gateway: Consortia Talks
    April 4, 2012
    The competitive dialogue phase of the Mersey Gateway Project has begun. The project team are said to have held initial meetings with the three shortlisted bidding consortia, and will be working closely with each of them over the coming months. The aim is for each of the three bidders to submit their detailed proposals by the end of 2012, with an announcement about a preferred bidder likely to come in spring 2013. The value of the construction phase of the project, including land, is estimated at US$961milli
    Read More
  • Sumatra’s key highway project
    March 24, 2025
    Completion is due for an important stretch of Sumatra’s key highway project.
    Read More
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More
  • US$4.4 billion planned for Indian roads
    February 14, 2024
    US$4.4 billion of works are being planned for two Indian road projects.
    Read More

Highlighted Content