Indonesian toll roads

ijaya Karya (Wika), the Indonesian governmentowned construction service provider, will build toll roads linking Kedung Badak to Kedung Halang and Pandaan to Gempol in Bogor through two contracts worth US$36.35 million and $24 million, respectively. Awarded by highways operator Jasa Marga (JSMR), the contracts require the roads completion in 18 months. The operator of the Tangerang- Merak Toll Road, Marga Mandala Sakti (Marga Mandala), will be allocating U$17 million to increase the toll road’s capacity. It
August 13, 2012 Read time: 2 mins
5207 Wijaya Karya (Wika), the Indonesian governmentowned construction service provider, will build toll roads linking Kedung Badak to Kedung Halang and Pandaan to Gempol in Bogor through two contracts worth US$36.35 million and $24 million, respectively.

Awarded by highways operator 1083 Jasa Marga (JSMR), the contracts require the roads completion in 18 months. The operator of the Tangerang- Merak Toll Road, Marga Mandala Sakti (Marga Mandala), will be allocating U$17 million to increase the toll road’s capacity. It will be adding an additional lane between Cikupa and West Balaraja. The additional 8km stretch will contribute to a revenue growth of 10-15% starting from 2014.

Meanwhile, a preliminary feasibility study for a 30km Sunda Strait Bridge project in Indonesia will be taken over by the central government. Graha Banten Lampung Sejahtera consortium was supposed to carry out a study costing up to $60 million.

The new government funded study will cover development plans for surrounding areas as well as financing and construction. Work on the Sunda Strait Bridge project may begin in early 2014, with the project expected to take 10 years to complete. A $106 million loan deal to help fund a $200 million plus toll road development in Indonesia's Bali could be finalised before the end of June. The banks due to provide the loan are Bank 1081 Rakyat Indonesia (BRI), Bank Central Asia (BCA), 1079 Bank Negara Indonesia (BNI) and Bank 1077 Mandiri.

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