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

  • Major highway investment for Indonesia with key project on track
    March 11, 2013
    Work on Indonesia’s landmark Trans-Sumatera Toll highway is set to commence in 2013. The contractor Hutama Karya has been awarded the deal to carry out the project. There will be a total 24 toll roads to be constructed on the route by the state-owned construction firm. Meanwhile Indonesia’s Ministry of Public Works has projected that overseas funding for its infrastructure projects in 2014 will be nearly US$784 million, similar to the figure set for 2013. Projects for funding in 2014 include several communi
    Read More
  • Turkish birdge/highway concession package reopens?
    March 20, 2012
    Despite the recent failure of the Turkish Government’s tender for the project to build a third bridge over the Bosphorus, the deal may yet go ahead. Japanese firms Itochu, Obayashi, IHI and Mitsubishi have revealed that they are still interested in constructing a third bridge over the Bosphorus at Istanbul, as well as constructing the associated tolled highway.
    Read More
  • Indonesian road plans
    February 15, 2012
    Upgrade and maintenance work for 11,578km of strategic non-national roads in Indonesia may receive funding from the country's Public Works Ministry.
    Read More
  • South Sudan road contract awarded
    June 8, 2022
    A major road contract awarded has been awarded in South Sudan .
    Read More

Highlighted Content