Indonesia’s key highway project

Indonesia’s key Trans-Sumatra highway project will be complete in 2024.
By MJ Woof July 21, 2020 Read time: 1 min
Work on Indonesia’s Trans-Sumatra project will be complete in 2024 – image courtesy of © 350jb, Dreamstime.com

Construction work is expected to be complete on Indonesia’s Trans-Sumatra highway project in 2024. In all, the highway will extend some 2,878km. Work is still being carried out on a number of sections of the route, which will be tolled.

Financing has still to be secured for some stretches of the project. In all, the Trans-Sumatra toll road (JTST) is costing close to US$33 billion. The Indonesian Government is providing a portion of the funding required, with a considerably larger portion being secured through bank loans.

The Padang to Pekanbaru toll road, Bengkulu to Palembang toll road and Sibolga to Medana toll road will all connect to the JTST.

Finance & Funding

Related Content

  • Indonesian road company seeks road financing
    March 23, 2015
    Indonesian toll road operator Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.
    Read More
  • Indonesian bridge project being planned
    September 7, 2021
    A massive Indonesian bridge project is being planned.
    Read More
  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
    Read More
  • Funding established for Egyptian highway
    May 21, 2012
    Funding is being established for the Shoubra-Banha highway project planned for Egypt. The National Bank of Egypt is bringing together a consortium of lenders that will provide the syndicated loan required. The Shoubra-Banha highway project is planned by the Egyptian Transportation Ministry. A memorandum of understanding (MoU) has been signed between the General Authority for Roads, Bridges and Land Transport and the National Bank of Egypt. Construction of the 40km stretch of highway, which will carry 125,00
    Read More

Highlighted Content