Wednesday, 22 June 2011

Three Toll Road Sections To Be Put In Tender Through 2012-2013

The three toll road sections, namely Medan Kulanamu-Tebing Tinggi 60 km long, worth USD 475 million of investment ; Cileunyi – Sumedang – Dawuan (Cisumdawu) 58.5 km long worth  USD 252 million. According to Ghani, the three toll road projects already had definite support, hence ready for auction.

For the construction of Medan – Kualanamu – Tebing Tinggi toll road section and Cisumdawu the government would get loan from China. However, although financed by overseas, the government would exercise the land clearing using State Budget fund.
To drum up private investment, sometime ago the government already offered the project to china. During is visit to this bamboo curtain country, the BPPT executive explained about investment procedures of toll road building in Indonesia, and disclosed various problems faced as well as the measures taken by the government.

“However at the time there was still no investors stating their interest. Normally the interested investors would come over to Indonesia. They would carry out their own study and directly contact the related official” Ghani remarked.

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