From KONTAN.CO.ID, JAKARTA - As the first quarter of 2024 comes to a close, the consortium of PT Hutama Karya (Persero) (Hutama Karya) and PT Hutama Karya Infrastruktur (HKI) has been announced as the winner of the auction for the construction of the Trans Papua Road, Jayapura-Wamena segment Mamberamo-Elelim in the Papua Highlands Province. The project, overseen by the Ministry of Public Works and Public Housing (PUPR), will be developed under the Government and Business Entity Cooperation (KPBU) scheme. Adjib Al-Hakim, Executive Vice President (EVP) and Corporate Secretary of Hutama Karya stated that the project had been under consideration since the market search for the KPBU Trans Papua project on September 6, 2022. The investment or Capital Expenditure (CAPEX) for the project is estimated at Rp 3.3 trillion, with an Availability Payment return scheme. "The project will have a concession period of 15 years, consisting of 2 years of construction and 13 years of maintenance," said Adjib in his release on Thursday (18/4).
Hutama Karya-HKI Consortium Wins Trans Papua Road Auction
From KONTAN.CO.ID, JAKARTA - As the first quarter of 2024 comes to a close, the consortium of PT Hutama Karya (Persero) (Hutama Karya) and PT Hutama Karya Infrastruktur (HKI) has been announced as the winner of the auction for the construction of the Trans Papua Road, Jayapura-Wamena segment Mamberamo-Elelim in the Papua Highlands Province. The project, overseen by the Ministry of Public Works and Public Housing (PUPR), will be developed under the Government and Business Entity Cooperation (KPBU) scheme. Adjib Al-Hakim, Executive Vice President (EVP) and Corporate Secretary of Hutama Karya stated that the project had been under consideration since the market search for the KPBU Trans Papua project on September 6, 2022. The investment or Capital Expenditure (CAPEX) for the project is estimated at Rp 3.3 trillion, with an Availability Payment return scheme. "The project will have a concession period of 15 years, consisting of 2 years of construction and 13 years of maintenance," said Adjib in his release on Thursday (18/4).