Indonesia’s US$914.8mn Solo-Mantingan-Kertosono toll road will be a PPP

Indonesia’s proposed US$914.8 million (IDR 8.97tn) 177km Solo-Mantingan-Kertosono toll road is to be developed under the public private partnership (PPP) scheme with Theis Contractors Indonesia, according to Rido Matari Ichwan, head of planning and public works at the Ministry of Foreign Affairs. The project will be receiving loans from China amounting to $300 million. Construction is expected to start by end of 2013.
June 3, 2013
Indonesia’s proposed US$914.8 million (IDR 8.97tn) 177km Solo-Mantingan-Kertosono toll road is to be developed under the public private partnership (PPP) scheme with Theis Contractors Indonesia, according to Rido Matari Ichwan, head of planning and public works at the Ministry of Foreign Affairs.

The project will be receiving loans from China amounting to $300 million. Construction is expected to start by end of 2013.
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