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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Jasa Marga plans to take over Bakrie’s projects

  • Nurfika Osman

    The Jakarta Post

Jakarta | Tue, November 6 2012 | 10:53 am

PREMIUM Publicly listed state-owned toll road operator PT Jasa Marga says it wants to buy a stake in PT Bakrie Toll Road.

The firm was particularly interested in buying 60 percent stakes in the Batang-Semarang and Ciawi-Sukabumi toll roads, whose development has been hindered due to lack of investment, president director Adityawarman said.

“Jasa Marga should be the majority stakeholder bec...