Indonesian road company seeks road financing

Indonesian toll road operator Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.

March 23, 2015 Read time: 1 min

Indonesian toll road operator 1083 Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.

Road Structures Finance & Funding

For more information on companies in this article

Jasa Marga

Indonesia toll roads being built

Key highway projects are being planned for Indonesia. The Indonesian firm Wijaya Karya (Wika) will work on three toll road projects in the country worth just over US$922 million. The projects are for the Samarinda-Balikpapan, Manado-Bitung and the Soreang-Pasirkoja routes. The firm hopes to fund the projects using a mix of state and private funding. Meanwhile the toll road operator Jasa Marga is working on securing the funding it needs to finance work on the Kertosono-Ngawi-Solo section of the Transjava Hig

February 28, 2012