Indonesia road funding found for two highways

Financing looks to have been secured for major tolled highway projects in Indonesia. These highways are the 129km Pekan Baru-Dumai route, which forms part of the Trans-Sumatra highway, the 60.5km Cileunyi-Sumedang-Dawuan (Cisumwadu) road and the 39km Manado-Bitung route. A loan from the Asian Infrastructure Investment Bank (AIIB) worth some US$370.2 million is expected to provide around half of the financing required for the Pekan Baru-Dumai route. Meanwhile loans worth a total of $300.2 million from the Ex
June 27, 2016 Read time: 1 min
Financing looks to have been secured for major tolled highway projects in Indonesia. These highways are the 129km Pekan Baru-Dumai route, which forms part of the Trans-Sumatra highway, the 60.5km Cileunyi-Sumedang-Dawuan (Cisumwadu) road and the 39km Manado-Bitung route. A loan from the Asian Infrastructure Investment Bank (AIIB) worth some US$370.2 million is expected to provide around half of the financing required for the Pekan Baru-Dumai route. Meanwhile loans worth a total of $300.2 million from the Exim China Bank will help fund work to the second phase of the Cileunyi-Sumedang-Dawuan road as well as the construction of the Manado-Bitung road. The China Hebei Road and Bridge Group will build the Manado-Bitung route.
Finance & Funding

Related Content

  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Indonesia US$5.33bn master plan for access and toll roads
    August 3, 2012
    The Ministry of Public Works in Indonesia has allocated US$5.33 billion (IDR 50.35 trillion) for a development master plan set to include improvements to vital access and toll roads. Among the projects in the Acceleration and Expansion of Economy Development master plan up until 2014 are access roads from Nabire to Narotali; from Manokwari to Sorong in Papua; from Sei Mangke to Kuala Tanjung in North Sumatra; and from Tanjung Priok to the Metropolitan Priority Area. It also includes the Cileunyi-Sumedang-D
    Read More
  • Tajikistan road project funding package
    June 18, 2018
    Funding is being secured for a road rebuild and widening project in Tajikistan. The 82km road runs between Dushanbe and Bokhtar and the work should be complete by 2023. The Chinese contractor Xinjiang Beixin is working on phase 1 of the project, building a 33km stretch of the route that is costing US$96 million. Phase 2 of the project is for a 40km section of the route, with construction due to start in the second half of 2018. The phase 2 construction work will be financed by $90 million of funding being s
    Read More
  • Denmark has “expertise” to deliver Malaysia Malacca Straits bridge
    January 16, 2014
    Ambitious plans to build the Malacca Straits bridge in Malaysia’s Malacca state have received a boost from a senior Danish diplomat. After meeting with Denmark's ambassador to Malaysia Nicolai Ruge, who said that his country had the engineering capacity and expertise to deliver the project, Malacca state’s chief minister, Idris Haron, said that it was possible the planned structure over the Malacca Straits could proceed. The idea of the 48.69km bridge – which would link Teluk Gong in Malacca with Dumai in
    Read More

Highlighted Content