More funding needed for key Indonesian project

More funding is needed for a key Indonesian road project.
By MJ Woof July 27, 2023 Read time: 1 min
More funding is needed for a key Indonesian road project – image courtesy of © Hyotographics |Dreamstime.com


Further funding is required to complete work on sections of Indonesia’s important Trans Sumatra Highway project. The project is being managed by Indonesia’s roads firm Hutama Karya. A further US$2 billion is needed for work on JTTAS stages 1 and 2. The costings have not been determined for JTTAS stages 3 and 4.
 

Finance & Funding

For more information on companies in this article

Related Content

  • Davao City tunnel work accelerated
    November 18, 2022
    The twin-tube 2.3km-long tunnel will be the longest in the Philippines and is being constructed by Filipino and Japanese engineers.
    Read More
  • New Mexican road projects planned
    December 14, 2020
    A package of new Mexican road projects is being planned.
    Read More
  • New Bocimi Toll Road Aims to Reduce Travel Time and Boost Indonesia’s Economy
    April 20, 2023
    The Bogor-Ciawi-Sukabumi (Bocimi) toll road is a series of national strategic projects to help reduce traffic congestion along the existing factory-lined roadway, as well as enhance regional connectivity and tourism in West Java. Spanning 54 kilometers, the new highway corridor is expected to shorten travel time between the Bogor and Sukabumi provinces from two hours to 30 minutes and boost economic conditions in the surrounding Sukabumi area. Construction is divided into four phases, the first of which measures 15.35 kilometers and is already complete. PT Waskita Karya (Waskita) is the main contractor for the IDR 2.1 trillion second section, spanning 11.9 kilometers between Cigombong and Cibadak, and set for completion in 2023 after being delayed due to the pandemic.
    Read More
  • Australian transport infrastructure development
    November 4, 2022
    The Australian Government is targeting transport infrastructure development.
    Read More

Highlighted Content