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

  • SDLG wheeled loaders helping build infrastructure in Indonesia
    August 12, 2019
    Wheeled loaders from SDLG are helping build transport infrastructure in Indonesia, including new tolled highway routes. The machines are helping to ensure a steady supply of raw building materials for the Belt and Road Initiative (BRI). Indonesia is the largest economy in South East Asia and is a key node in the BRI. The country will receive more than US$87 billion in infrastructure investment under the BRI, with the Manado-Bitung toll road amongst the high-profile projects. With land acquisition tro
    Read More
  • Bangladesh airport link project
    November 3, 2017
    A new highway is planned in Bangladesh that will improve transport links to Dhaka’s airport. The route will run between Ashulia on the north-eastern side of the Bangladesh capital and Hazrat Shahjalal International Airport. The construction project is intended to boost trade and transport and is expected to cost US$2.06 billion. The Bangladesh Government is giving its approval for the project and will provide $725.3 million of the financing required from its own budget.
    Read More
  • New road deals for Ivory Coast
    June 9, 2021
    New road deals have been signed for Ivory Coast.
    Read More
  • New Polish road projects planned
    March 19, 2021
    New Polish road projects are now being planned.
    Read More

Highlighted Content