Trans-Sumatra highway deal for Indonesia

Funding sources are being looked at for the important Trans-Sumatra highway in Indonesia. The Indonesian Government has been holding discussions with the Asia Investment Infrastructure Bank (AIIB). A loan for the construction of the 130km stretch of tolled highway from Pekanbaru to Dumai is being considered. In all this stretch of highway is expected to cost some US$1.24 billion to construct with just under a third being funded by the loan.
July 25, 2016 Read time: 1 min
Funding sources are being looked at for the important Trans-Sumatra highway in Indonesia. The Indonesian Government has been holding discussions with the Asia Investment Infrastructure Bank (AIIB). A loan for the construction of the 130km stretch of tolled highway from Pekanbaru to Dumai is being considered. In all this stretch of highway is expected to cost some US$1.24 billion to construct with just under a third being funded by the loan.
Finance & Funding

Related Content

  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • New Indonesia toll road seeks funding
    September 11, 2017
    Financing for a 240km toll road project that will connect Padang with Pekanbaru in Indonesia still needs to be finalised. A combination of loans from the Japan International Co-operation Agency (JICA) and PPP funding is expected to pay for the project. In all the project is expected to cost US$2.63 billion, with construction work intended to start in 2018.
    Read More
  • Indonesia’s road revamp is seeing new road transport connections
    July 16, 2018
    Indonesia’s road development programme is continuing, with a series of major projects being carried out across the country that will boost transport connections. State funding will help progress on the Trans-Sumatra toll road, paying for six sections of the road link. In all the 1,480km toll road project is expected to cost nearly US$11.85 billion, with state funding paying for a significant portion of the work So far the state-owned construction firm, Hutama Karya, which is building much of the route has
    Read More
  • More funding needed for key Indonesian project
    July 27, 2023
    More funding is needed for a key Indonesian road project.
    Read More

Highlighted Content