Major toll road PPP signed in Indonesia
The Toll Road Regulatory Agency in Indonesia has signed the 40-year concession agreement for the Solo - Yogyakarta - NYIA Kulon Progo toll road project with PT Jogjasolo Marga Makmur Consortium consisting of PT Daya Mulya Turangga-Gama Group, PT Jasa Marga (Persero) Tbk, and PT Adhi Karya (Persero) Tbk.
The toll road will have a length of 91.93 km and will have 6 intersections. This project aims to improve accessibility from/to the New Yogyakarta International Airport in Kulonprogo. 35 kilometers of the road will cross the province of Central Java, and the other 61 kilometers - the Yogyakarta Province area.
The construction works for the project are expected to start in October 2020. The road construction will be divided into three stages. The road is expected to be operational in December 2024.
The project is supported by PT Penjaminan Infrastruktur and a number of Indonesian banks.
Country news
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September 10, 2020
Preparations begin for USD 550mn satellite PPP in Indonesia
Ministry of Communication and Information Technology of Indonesia has signed a Preliminary Work Agreement with the consortium of Pasifik Satelit Nusantara (PSN) and Thales Alenia Space (a joint venture between Thales - 67% and Leonardo - 33%) for the US$ 550 million SATIRA satellite PPP project - Indonesia´s biggest telecommunications satellite to date. The agreement means the beginning of the activities of the broadband telecommunications satellite.
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May 28, 2020
HSR megaproject in Indonesia to be complete this year
China Railway Group Ltd, one of the partners in the consortium PT Kereta Cepat Indonesia-China responsible for the Jakarta-Bandung high-speed railway line PPP project has announced plans to complete the project in 2020.
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April 07, 2020
Construction of HSR project in Indonesia continues despite challenges
China National Railway reported that the Jakarta Bandung high-speed rail PPP megaproject is making progress despite floods and interruptions due to the coronavirus pandemic. The project involves the construction of a 143.5 km high-speed rail line with an operating speed of 350km/h.
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July 17, 2019
Indonesia 2019 Infrastructure Projects Plan
Ministry of National Development Planning/ National Development Planning Agency (BAPPENAS) in Indonesia via Directorate of Public-Private Partnership and Design has issued "Public-Private Partnership Book 2019 - Infrastructure Projects Plan in Indonesia". The book provides the latest preview and information about infrastructure PPP projects plan in Indonesia.
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May 30, 2019
Winner for USD1.5bn satellite PPP project in Indonesia
Ministry of Communication and Information Technology of Indonesia has selected Pasifik Satelit Nusantara (PSN) consortium as preferred bidder in the tender for the SATRIA satellite PPP project. The project estimated investment is IDR 20.68 trillion (US$ 1.43 billion).
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