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

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Brazilian authorities award tollroad package
    December 18, 2013
    The authorities in Brazil have awarded an important tollroad package for the BR-163 Federal Highway. This route runs through Brazil's mid-western state of Mato Grosso do Sul and the 30 year concession for the 847km of highway was won by tollroad firm CCR, according to Business News Americas. The concession package is worth some US$2.78 billion and was awarded on the basis of the low toll charges CCR will introduce on the route. The project requires widening the road along a 130km stretch within 12 months of
    Read More
  • Road improvement works are planned for East England
    May 13, 2021
    Road improvement works are being planned between Peterborough and Great Yarmouth.
    Read More
  • Champlain Bridge set to open by end of year, says SNC-Lavalin
    March 6, 2018
    The replacement Champlain Bridge in Montreal will open on schedule at the end of the year, according to the SNC-Lavalin-led consortium heading the project. Cost of the entire corridor project is set at US$3.3 billion of which around $1.8 billion is for construction of the bridge, approach roads and highway adjustments. Failure to open the bridge to vehicular traffic on time means the consortium faces stiff fines, according to media reports: around $77,500 a day for the first seven days followed by $31
    Read More

Highlighted Content