Indonesian toll road firm to expand network

State-owned Indonesian toll road firm Jasa Marga plans to increase its network by 460km by 2018. This will bring its total network to 1,050km by 2018. During 2016, Jasa Marga intends to spend US1 billion developing its toll road network and general operations. By 2018, the Trans Java toll road should be open to traffic.
December 14, 2015 Read time: 1 min
State-owned Indonesian toll road firm 1083 Jasa Marga plans to increase its network by 460km by 2018. This will bring its total network to 1,050km by 2018. During 2016, Jasa Marga intends to spend US1 billion developing its toll road network and general operations. By 2018, the Trans Java toll road should be open to traffic.
Road Structures

For more information on companies in this article

Related Content

April 8, 2014

Indonesia’s Trans Marga Jateng secures key new toll road loan

A US$415.45 million (IDR 4.7 trillion) loan has been agreed for a new 75.67km toll road as part of the Trans Java toll road project in Indonesia. Trans Marga Jateng, the 60:40 joint venture of Indonesian state-owned toll-road operator Jasa Marga and Central Java's state-owned infrastructure firm Sarana Pembangunan Jawa Tengah, has secured the 15-year syndicated loan from a group of lenders headed by state-owned bank Bank Mandiri. The new toll road will run from Solo to Semarang through Salatiga and Boyola
January 12, 2015

Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java

Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
boombox1

Highlighted Content

boombox2