Contract awarded for USD3.9 bn road project in Indonesia
21 January 2022
The Indonesian Toll Road Authority (BPJT) has selected PT Jasa Marga-led consortium to develop the Gedebage-Tasikmalaya-Cilacap toll road in West Java.
The consortium will establish a joint toll road business entity (BUJT), in which the majority stakeholder is PT Jasa Marga with a 32.50% stake. 27.5% stake will be held by PT Daya Mulia Turangga, PT Sarana and PT Gama Group combined, while the rest of the stake will be managed by PT Waskita Karya holding 20% and PT PP and PT Wijaya Karya holding 10% each.
With an estimated investment of IDR56 trillion (US$3.90 billion), the project includes the construction and operation of a 206.65 km-long highway connecting West Java and Central Java provinces. The toll road will have ten interchanges such as Majalaya, Nagrek, North Garut, South Garut, Singaparna, Tasikmalaya, Ciamis, Banjar, Patimuan, and Cilacap. Construction works will be divided into two sections:
Section 1 will cover Gedebage–Tasikmalaya toll road and is expected to be constructed in the period from 2022 to 2024;
Section 2 will be the Tasikmalaya-Cilacap toll road, and the construction will start in 2027 with the completion date in 2029.
Related
-
World Bank provides $2bn for Turkey railway corridor
25 May 2026
-
King Salman airport selects three contractors for apron ECI
24 May 2026
-
Japanese firm now fifth biggest US housebuilder after $4bn acquisition
22 May 2026
-
Edify reaches financial close on Rio Tinto-contracted solar-BESS parks
22 May 2026
-
ACCIONA is awarded sanitation for 85 municipalities in northeastern Brazil
22 May 2026
-
Engie launches global business services center in Romania
20 May 2026


京公网安备
11010802030424号
京ICP备19046776号-2