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

  • Indonesia toll roads being built
    September 2, 2015
    Key highway projects are being planned for Indonesia. The Indonesian firm Wijaya Karya (Wika) will work on three toll road projects in the country worth just over US$922 million. The projects are for the Samarinda-Balikpapan, Manado-Bitung and the Soreang-Pasirkoja routes. The firm hopes to fund the projects using a mix of state and private funding. Meanwhile the toll road operator Jasa Marga is working on securing the funding it needs to finance work on the Kertosono-Ngawi-Solo section of the Transjava Hig
    Read More
  • Indonesian toll road projects moving ahead
    February 1, 2016
    Indonesia’s toll road expansion programme is continuing to grow. Bidding is commencing for three toll road projects; the 83.9km Serang-Panimbang route in Banten, the 58.6km Cileunyi-Sumedang-Dawuan (Cisumdawu) route in West Java, the 29.3km Legundi-Bunder route in East Java.
    Read More
  • US$6 billion needed for Indonesia highway
    October 4, 2024
    A further US$6 billion is needed for a key Indonesia highway.
    Read More
  • Key Indonesian highway/bridge projects moving forward with funding
    August 14, 2014
    Infrastructure in Indonesia looks set to benefit from a series of a key highway and bridge projects, now gathering momentum. The country’s State Enterprises Ministry has announced plans for new road building worth a colossal US$25.66 billion. Work on a key highway stretch will commence in September 2014. This highway will connect provinces across the island of Sumatra, with the project looking set to be handled by the state-run firm Hutama Karya. The Indonesian Government has granted Bengkulu $1.22 billion
    Read More

Highlighted Content