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

  • Tamil Nadu road project in India
    April 9, 2020
    A key road project in India’s Tamil Nadu State has been awarded.
    Read More
  • Make the case for electronic tolling, ASECAP conference delegates heard
    September 14, 2015
    Mobility pricing and electronic tolling is the future, delegates to a recent ASECAP Study Days conference, reports Geoff Hadwick at the Lisbon event. The international road tolling industry is failing to make its case and the sector is losing out to other social and political lobby groups. As a result, “tolling is still on the sidelines”, according to the head of the Washington-based International Bridge, Tunnel and Turnpike Association. IBTTA chief executive Pat Jones issued his stark warning at the
    Read More
  • Indonesian road tunnel planned
    May 8, 2019
    Plans are being drawn up in Indonesia for a new road tunnel project, with construction planned to commence in 2021. The tunnel will feature parallel tubes and is expected to cost US$231 million to construct. It will measure 7km, making it one of the longest road tunnels in Indonesia. The tunnel will form part of the 96km Bengkulu-Lubuk Linggau tolled highway, which is being built in three main sections. The three sections of the tolled route are from Lubuk Linggau to Kepahiang, from Taba Penanjung to Bengku
    Read More
  • Webuild wins major Italian highway construction deal
    September 6, 2021
    Webuild has won key stretches of a major Italian highway construction project.
    Read More

Highlighted Content