JAKARTA. Agreements worth a total of Rp 48.8 trillion ( US$3.6 billion ) for five toll road projects, some of which experienced years of delay due to land acquisition issues, have been signed at the State Palace. The contracts are on the 39-kilometer Manado-Bitung toll road in North Sulawesi, the 99-km Balikpapan-Samarinda toll road in East Kalimantan, the 180-km Terbanggi Besar-Kayu Agung toll road in Lampung and South Sumatra, the 37-km Pandaan-Malang toll road in East Java and the 30-km Serpong-Balaraja toll road in Banten. Coordinating Economic Minister Darmin Nasution said the projects, stretching for 390 km in Java, Sumatra, Kalimantan and Sulawesi, have a total value of Rp 48.8 trillion and are expected to improve regional connectivity, which would eventually lead to lower logistics costs and boost economic growth.
5 strategic toll road projects kick off
JAKARTA. Agreements worth a total of Rp 48.8 trillion ( US$3.6 billion ) for five toll road projects, some of which experienced years of delay due to land acquisition issues, have been signed at the State Palace. The contracts are on the 39-kilometer Manado-Bitung toll road in North Sulawesi, the 99-km Balikpapan-Samarinda toll road in East Kalimantan, the 180-km Terbanggi Besar-Kayu Agung toll road in Lampung and South Sumatra, the 37-km Pandaan-Malang toll road in East Java and the 30-km Serpong-Balaraja toll road in Banten. Coordinating Economic Minister Darmin Nasution said the projects, stretching for 390 km in Java, Sumatra, Kalimantan and Sulawesi, have a total value of Rp 48.8 trillion and are expected to improve regional connectivity, which would eventually lead to lower logistics costs and boost economic growth.