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

  • Moscow-Kazan highway contracts awarded
    September 22, 2020
    Contracts have been awarded for the Moscow-Kazan highway.
    Read More
  • Indonesia toll road development plan
    May 14, 2019
    Indonesia has further plans to expand its toll road network. By 2024 1,500km of toll road projects will be complete. And by 2030, around 4,480km of toll roads will be complete. This programme of works will require US$44.33 billion to complete. Funding will be provided from a combination of government and private sources. The work will be carried out across Indonesia, including Nusa Tenggara, Java, Bali, Sumatra, Sulawesi and Kalimantan.
    Read More
  • Norwegian road and tunnel package awarded
    May 12, 2022
    A major Norwegian road and tunnel package has been awarded.
    Read More
  • New Central Ring Road around Moscow to be built by 2018
    September 30, 2013
    Eugene Gerden evaluates Moscow’s new ring road mega project The Russian government plans to complete implementation of one of the most ambitious projects in the country’s road building industry in recent years, which involves construction of The Central Ring Road around Moscow by 2018. The new road should be built by the next presidential elections, while its length will be 339km. It is expected to be comprised of five sections and will be located 50km away from Moscow Ring Road, a ring road encircling the
    Read More

Highlighted Content