Indonesia planning more highways projects

The Indonesian Government is looking to source funding for a key highway project from the Asia Infrastructure Investment Bank (AIIB). The funding will be used for the highway connecting North and East Kalimantan. This project is expected to cost US$250 million.
January 29, 2016 Read time: 1 min

The Indonesian Government is looking to source funding for a key highway project from the Asia Infrastructure Investment Bank (AIIB). The funding will be used for the highway connecting North and East Kalimantan. This project is expected to cost US$250 million. Other infrastructure works to benefit from financing through the AIIB include a $292 million railway upgrade, a potable water project and upgrades to telecommunications. These projects have been proposed by Indonesia’s Development Planning Agency and will require a total of $1 billion in loans. The AIIB will start providing its loans from April 2016.

Road Structures Finance & Funding

Related Content

July 25, 2016

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.
November 1, 2012

New tolled highway plans for Indonesia

The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
boombox1

Highlighted Content

boombox2