The Government of Indonesia has signed the concession agreement with PT Bukaka Teknik Utama Tbk for the replacement of the Callender-Hamilton bridge. The concession agreement also involves works for 37 bridges located across Banten, West Java, Central Java, and East Java.
The estimated investment value of the project is IDR2.2 trillion (US$153.21 million). The concession period will be 12 years, including 2 years for construction works. The concession agreement involves construction works and maintenance of the bridges. Authority will provide availability payments to Bukaka once construction works are completed.
Country updates
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November 19, 2021
Preferred bidder selected for Kualanamu Airport PPP
PT Angkasa Pura II (Persero) in Indonesia has selected GMR Airports Limited (GAL) as a preferred bidder for the concession of improvement works at Kualanamu airport in Medan. Once finalized...
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October 15, 2021
Agreement signed for development at Jakarta International Airport
The Indonesia Investment Authority (INA) and Angkasa Pura II have signed two agreements concerning the development at Soekarno - Hatta International Airport. Angkasa Pura II operates Soekarno -...
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October 05, 2021
CIP New Market Fund I to develop 400 MW projects pipeline in Indonesia
CIP New Market Fund I has entered into a joint venture with the Indonesian affiliate of French Akuo Energy to develop, build and operate a 400MW pipeline of onshore wind, solar and run-of-the-river hy...
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September 21, 2021
CK Hutchison and Ooredoo Group agrees for merger of their Indonesian Businesses
Ooredoo and CK Hutchison Holdings Limited (CK Hutchison) have signed the definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT In...
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September 13, 2021
Ooredoo considers sale of its data center business in Indonesia
PT Indosat, Indonesian carrier unit of Ooredoo, is considering selling three data center facilities located in Jakarta and Jatilihur. The transaction is expected to fetch US$150 million to US$200...
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