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

  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • All change: get ready to rethink everything
    November 10, 2022
    How can we make our infrastructure ready for new sustainability challenges? What kind of investments are needed? And who will finance them? Tolling association Asecap has some thoughts. Geoff Hadwick reports from Lisbon
    Read More
  • Chinese input for Democratic Republic of Congo road improvement
    December 13, 2023
    A Chinese firm will assist with a road project in the Democratic Republic of Congo.
    Read More
  • The authorities in Sri Lanka are looking for tenders for a new expressway
    May 4, 2012
    The Sri Lankan Government is seeking private investment to help develop its new expressway project, which will boost connectivity between capital Colombo and other major conurbations. The expressway will cost some US$1.5 billion to construct and the authorities have already had interest shown in the project by investors from China, Malaysia and South Korea. The 98km Colombo-Kandy section of the project is expected to cost $1 billion to construct. The route will be tolled and the deal will be offered under a
    Read More

Highlighted Content