A consortium of up to 19 state-owned enterprises in Indonesia plan to build a major portion of a US$13.1 billion (IDR 150 trillion) tolled highway between Jakarta and Surabaya on the sea.
Among the state-owned enterprises that will join the ambitious 775km-long megaproject are construction firms Waskita Karya,5205 Adhi Karya, and 5204 Pembangunan Perumahan; lenders 1079 Bank Negara Indonesia (BNI), Bank 1081 Rakyat Indonesia (BRI) and Bank 1077 Mandiri; as well as port operators Pelindo II and Pelindo III.
According to State-Enterprise Minister Dahlan Iskan, feasibility of the project will be studied for three-six months before the project proposal is allowed to proceed to seek the government's approval.
Among the state-owned enterprises that will join the ambitious 775km-long megaproject are construction firms Waskita Karya,
According to State-Enterprise Minister Dahlan Iskan, feasibility of the project will be studied for three-six months before the project proposal is allowed to proceed to seek the government's approval.
