Indonesia toll road project starting soon

Work will commence soon on Indonesia’s South Cikampek II-Jakarta toll road project. The 64km highway project is benefiting from funding from the Bank Negara Indonesia, Bank Central Asia, and Bank Mandiri. These have each contributed US$91.06 million. In all, the project is costing $970 million. The project is being managed by Indonesian firm Jasamarga Japek Selatan.
January 14, 2019 Read time: 1 min

Work will commence soon on Indonesia’s South Cikampek II-Jakarta toll road project. The 64km highway project is benefiting from funding from the Bank Negara Indonesia, Bank Central Asia, and Bank Mandiri. These have each contributed US$91.06 million. In all, the project is costing $970 million. The project is being managed by Indonesian firm Jasamarga Japek Selatan.

Finance & Funding

Related Content

  • Bali toll road loan set to be finalised
    June 25, 2012
    A US$106 million loan deal to help fund a US$200million plus toll road development in Indonesia's Bali could be finalised before the end of June. The banks due to provide the loan are Bank Rakyat Indonesia (BRI), Bank Central Asia (BCA), Bank Negara Indonesia (BNI) and Bank Mandiri.
    Read More
  • 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
  • Transport plans for Indonesia
    November 28, 2012
    Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme. Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
    Read More
  • Indonesia's new tolled link
    April 26, 2012
    Work on Indonesia's new 116km Palimanan-Cikampek highway is now commencing. The work is being managed by Malaysian firm PLUS Expressways (PLUS) and is the company's first Indonesian highway projects.
    Read More

Highlighted Content