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

  • Major highway projects for Indonesia
    April 17, 2015
    A series of major highway projects are in planning for Indonesia. A joint venture comprising Waskita Karya and Jasa Marga is now taking over Solo-Kertonoso Toll Road project. This follows a move by Thiess Contractor Indonesia (Thiess), which sold its 95% equity in the Solo-Kertonoso Toll Road project to the joint venture for US$33.65 million. Construction is commencing in May 2015. The 177.7km road, which is to be built as part of the Trans Java Highway, will link the cities of Kertonoso and Solo via Ngawi
    Read More
  • Work resumes on Indonesian tollway
    October 22, 2014
    Construction work on Indonesia’s Bekasi-Jakarta toll road has recommenced after a break of close to 20 years. The work on the 21km Bekasi-Jakarta toll road was originally started by Kresna Kusuma Dyandra Marga (KKDM), a consortium headed by state-run Waskita Karya, with a 60% share in the package. However work on the project was stopped in the late 1990s due to the Asian financial crisis. The deal for the link will see KKDM operating the toll road, which is costing US$600 million. State funds worth some $2
    Read More
  • Plans in hand for new Indonesian tolled highway projects
    May 20, 2015
    Plans are moving forward in Indonesia for the development of a major new tolled highway project. Jakarta Tollroad Development is at present working on purchasing the land required for a key section of the toll road. The new route will run from Sunter in North Jakarta to Semanan in West Jakarta. The plans call for the project to be completed before the Asian Games in 2018. The first phase of the project is for the 20.23km Semanan-Sunter section and the 9.44km long Sunter-Pulogebang stretch. The second phase
    Read More
  • Philipines tollrroad projects being developed
    February 7, 2017
    Proposals have been put forward in the Philippines for two major two tollroad projects. One of the proposed tollroad projects will be a 102km expressway that will run from capital Manila to Quezon. This has been envisaged as a design, build finance, operate and maintain contract. The proposed route would run from Candelaria to Pasig City and cross Laguna de Bay. The other project is for a 17.7km expressway connecting Manila with Taguig. The Manila to Taguig Expressway has been proposed jointly by CLGP Phili
    Read More

Highlighted Content