Loan facility to help pay for Indonesia road

A loan facility has been secured which will help provide the necessary funding for a project planned by Waskita Toll Road in Indonesia. The loan is worth US$151.1 million and is being provided by a number of finance agencies. The bodies providing the financing package are Sarana Multi Infrastrukture and Bank Syariah Mandiri. The financing will be used by Waskita Toll Road’s Trans Jawa Paspro Jalan Tol division for a 31km toll road connecting Pasuruan with Probolinggo.
October 12, 2018 Read time: 1 min
A loan facility has been secured which will help provide the necessary funding for a project planned by Waskita Toll Road in Indonesia. The loan is worth US$151.1 million and is being provided by a number of finance agencies. The bodies providing the financing package are Sarana Multi Infrastrukture and Bank Syariah Mandiri. The financing will be used by Waskita Toll Road’s Trans Jawa Paspro Jalan Tol division for a 31km toll road connecting Pasuruan with Probolinggo.
Finance & Funding

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Funding sources are now being secured for Indonesia’s massive Trans Java toll project. A portion of the financing is being delivered by Sarana Multi Infrastuktur, Taspen, and BPJS Ketenagakerjaan. Part of the financing package will also be sourced from pension funds such as BPJS Ketenagakerjaan and Taspen. The project will be carried out by Waskita Toll Road.
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