Indonesian airport toll road deal

A deal has been agreed for a key Indonesian airport toll road.
By MJ Woof September 21, 2020 Read time: 1 min
The concession for Indonesia’s new airport toll road route has been awarded - image courtesy of © 350jb, Dreamstime.com
A deal has been agreed in Indonesia for the 96.5km Surakarta-Yogyakarta-New Yogyakarta International Airport toll road. The Indonesian Government is awarding the package to the Jogjasolo Marga Makmur consortium.

Under the terms of the arrangement, the firm will have the concession to build and operate the toll road route. Building the link will cost an estimated US$1.8 billion. The first stretches of the route should open in 2023 and the aim is to have the entire route ready for drivers by 2024.

The consortium comprises the state-owned toll road operator PT Jasa Marga as well as PT Adhi Karya, PT Daya Mulia Turangga and PT Gama Group. Opening the toll road is hoped to boost transport and tourism for Central Java and Yogyakarta.
Finance & Funding

Related Content

  • Indonesia projects being planned
    January 10, 2018
    Financing is being sought in Indonesia for a series of major infrastructure projects. In all the work is expected to require US$9.59 billion and is for six highway projects, with one in Kalimantan and five in Java. The project in Kalimantan is for the Bontang-Samarinda Highway. In Java the highway projects are for links from Cileunyi-Tasikmalaya-Cilacap stretching 183km, Bawen-Yogyakarta, Kamal-Balaraja-Teluknaga stretching 48.3km, Semanan-Balaraja stretching 31.7km and Semarang-Demak.
    Read More
  • Colombia road and tunnel connection to Medellin Airport
    September 13, 2017
    Work is well underway on a new road and tunnel project, which will provide an improved connection between the Colombian city of Medellin and its airport. The new link will measure 24km long in all and the construction work is expected to cost over US$342 million, with completion due at the end of 2018. The project is known overall as the Oriente Tunnel, with the work being carried out as a concession by Concesion Tunel Aburrá-Oriente. The project comprises four sections in all. These are the 786m Seminario
    Read More
  • Algeria to engage Japanese government over dispute with Cojaal
    January 14, 2015
    The Algerian government is now talking directly to the Japanese government in an effort to resolve a dispute with sacked Japanese highways consortium Cojaal, In 2006, Cojaal won a US$5 billion deal to build the 359km eastern section of Algeria’s proposed 900km East-West Highway within 40 months. Algeria divided the contract into three sections, with the Chinese company Citic-CRCC winning the central and western sections, which in total was to cost around $6 billion.
    Read More
  • Funding programme for US roads and bridges
    November 9, 2021
    A new funding programme for US roads and bridges will now commence.
    Read More

Highlighted Content