Trans-Sumatra costs reach $1.7 billion, according to Hutama Karya

The cost for completing the three toll road sections of the Trans-Sumatra project will be almost US$1.7 billion, according to a major Indonesian construction firm. Hutama Karya is working on the 140km stretch from Bakauheni-Terbangi Besar, the 28km Palembang-Simpang Indralya section and the 18km Medan-Binjai stretch, said the company’s managing director, Gusti Ngurah Putera The Trans-Sumatran Highway is the primary north-south road, running around 2,500km on the island of Sumatra. It connect the north
November 14, 2016 Read time: 1 min
The cost for completing the three toll road sections of the Trans-Sumatra project will be almost US$1.7 billion, according to a major Indonesian construction firm.

5206 Hutama Karya is working on the 140km stretch from Bakauheni-Terbangi Besar, the 28km Palembang-Simpang Indralya section and the 18km Medan-Binjai stretch, said the company’s managing director, Gusti Ngurah Putera

The Trans-Sumatran Highway is the primary north-south road, running around 2,500km on the island of Sumatra. It connect the north of the island in Banda Aceh to Bandar Lampung in the south, running through many major cities, including Medan and Padang.

Last December, World Highways reported that a loan of $91 million had been signed between Indonesian infrastructure financing company Sarana Multi Infrastrucktur (SMI) and Hutama Karya. The money for work on the 22km Palembang-Indrayala stretch of the Trans Sumatra.
Finance & Funding

For more information on companies in this article

Related Content

  • Australia: Consortium ready to abandon Melbourne’s East West Link
    March 10, 2015
    The East West Connect consortium is set to abandon Melbourne’s East West Link contract in return for a payment of between US$400 million and $535 million, according to media reports. But the Victoria state government is challenging the claim by East West Connect whose partners include Lend Lease, Acciona, Capella Capital and Bouygues. Instead, the government wants East West to payback around $153 million which the consortium allegedly received when the toll road contract was signed, reported the Herald Sun
    Read More
  • US$5.9 billion for three Philippines expressways
    July 10, 2024
    US$5.9 billion is being spent for three new expressways in the Philippines.
    Read More
  • Indonesia: Waskita Raya to develop Bali toll road
    April 28, 2015
    Indonesian state construction firm Waskita Karya said it will be developing the US$2.7 billion Bali toll road project. But the Ministry of Public Works and Housing has yet to approve the 157km project which is in the pre-feasibility study stage. Waskita Karya’s finance director Tunggul Rajagukguk also said the company might seek nearly $1.8 billion of financing this year for not just road projects but also power transmission work. Financing could be around half through bond issuance and the other half v
    Read More
  • Indonesia’s Trans-Papua road gets priority to support National Games
    May 14, 2015
    Indonesia’s president Joko Widodo has vowed to complete the Trans-Papua Highway by 2019, two years later than previously scheduled. Work on the seven-year old project has been dogged by difficulties, including transporting construction equipment and material around the mountainous province on the island of New Guinea, the Jakarta Post newspaper reported The Ministry of Public Works and Public Housing said it will spend around $4.36 billion this year on infrastructure nationally. This will include reha
    Read More

Highlighted Content