JAKARTA. The toll road business becomes more attractive to conglomerates. Recently, Salim Group, Agung Sedayu Group, and Alam Sutera Group will involve in the business. Salim Group and Agung Sedayu Group will cooperate to work on a length of 48.3 km toll road project of Kamal-Teluknaga-Balaraja lane. The project is expected to cost Rp 18 trillion investment. Meanwhile, Alam Sutera will invest Rp 11.31 trillion to construct a length of 31.7 km Semanana-Balaraja toll road lane. Head of Toll Road Regulator (BPJT) Herry Trisaputra Zuna confirmed that the two consortiums have submitted the results of the feasibilities studies to the Directorate General of Bina Marga. Head of Sub Directorate of Free Way at the Ministry of Public Work and People’s Housing Hari Suko said that the institution is still evaluating the initiative documents of the projects. The evaluation is expected to complete in December 2016. “If it is feasible, the locations will be determined immediately,” he told KONTAN, Tuesday (29/11).
Big conglomerates expand to toll road projects
JAKARTA. The toll road business becomes more attractive to conglomerates. Recently, Salim Group, Agung Sedayu Group, and Alam Sutera Group will involve in the business. Salim Group and Agung Sedayu Group will cooperate to work on a length of 48.3 km toll road project of Kamal-Teluknaga-Balaraja lane. The project is expected to cost Rp 18 trillion investment. Meanwhile, Alam Sutera will invest Rp 11.31 trillion to construct a length of 31.7 km Semanana-Balaraja toll road lane. Head of Toll Road Regulator (BPJT) Herry Trisaputra Zuna confirmed that the two consortiums have submitted the results of the feasibilities studies to the Directorate General of Bina Marga. Head of Sub Directorate of Free Way at the Ministry of Public Work and People’s Housing Hari Suko said that the institution is still evaluating the initiative documents of the projects. The evaluation is expected to complete in December 2016. “If it is feasible, the locations will be determined immediately,” he told KONTAN, Tuesday (29/11).