Shortlist for Indonesian highway PPP
This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.
Indonesia's Directorate General of Highway (Direktorat Jenderal Bina Marga) under the Ministry of Public Works and Housing has prequalified six potential bidders for the development of the Jalan Lintas Timur highway PPP in South Sumatra.
The group of qualified bidders is comprised of six local firms, namely:
- Waskita Karya
- Brantas Abipraya and Adhi Karya
- Wijaya Karya
- Pembangunan Perumahan
- Acset Indonusa
- A Sumber Mitra Jaya-led consortium
The Directorate General of Highway intends to undertake asset preservation of the project utilising PPP scheme, with return on investment for the project company to be derived from Availability Payments. The purpose of the project is to ensure the good quality of the Jalan Lintas Timur Sumatera in South Sumatera Province as an effective solution to help accelerate Indonesia's national development.
The PPP modality for this Project shall be Build-Operate-Transfer (BOT), which includes financing, technical planning (Detailed Engineering Design), construction, operating and maintenance of the existing road during construction period, and operating and maintenance of the road after construction, and transfer of Jalan Lintas Timur Sumatera in South Sumatera Province.
The estimated investment cost of the Project is IDR1.34 trillion (US$94.2 million).
Indonesia is having a rising momentum regarding PPPs. As we reported in late July, the Ministry of Communication and Informatics of the Government of Indonesia launched a tender for the financing, design, procurement, construction, launch, operation and maintenance of a multifunctional government satellite. The total estimated investment of the project is IDR6.58 trillion (US$456.7 million).
Additionally, in January, we informed on a water supply PPP in West Semarang, Tugu, and Ngaliyan Areas valued at US$77 million.
Country news
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July 31, 2018
Indonesia to launch satellite through PPP
The Ministry of Communication and Informatics of the Government of Indonesia has launched a tender for the financing, design, procurement, construction, launch, operation and maintenance of a multifunctional government satellite. The total estimated investment of the project is IDR6.58 trillion (US$456.7 million).
Read more -
November 27, 2017
ADB supports Indonesia transport PPPs
The Asian Development Bank (ADB) and the Government of Indonesia today have signed a memorandum of understanding to partner up in promoting public-private partnerships in the transport sector. ADB will provide strategic advisory services to support the Ministry of Transportation (MOT) in screening and preparing transport projects for delivery through PPP.
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September 22, 2017
DP World to exit Indonesian port concession in 2019
DP World Limited has announced that the company has reached a decision not to renew its operating contract for PT Terminal Petikemas Surabaya (TPS) in Indonesia at the end of the agreement in 2019.
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February 01, 2017
Indonesia to tender 3 water PPP projects
The Government of Indonesia is to launch a tender process for three public-private partnership (PPP) drinking water projects in Bandar Lampung (Lampung), Jatiluhur (West Java) and in Karian (Banten).
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January 05, 2017
Financial close for Umbulan water PPP in Indonesia
PT Medco Energi Internasional Tbk., through its subsidiary PT Medco Gas Indonesia (MedcoEnergi), and PT Bangun Cipta Kontraktor have announced they have appointed PT Indonesia Infrastructure Finance (IIF) as the mandated lead arranger for the syndicated financing of the Umbulan Water Supply System (WSS) Project.
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