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Jakarta Post

Jasa Marga eyes profits from toll road, more users

  • Tassia Sipahutar

    The Jakarta Post

Jakarta   /   Thu, March 7 2013   /  12:58 pm

State-owned toll road operator PT Jasa Marga (JSMR) is looking to reap Rp 6.5 trillion (US$671 million) in revenue this year, climbing 16.1 percent from the 2012 projection.

It is hoped that new toll roads, a surge in the number of users and higher tariffs will contribute to the projected growth.

In the second half of this year, the publicly listed company plans to open as many as four new toll roads; the Nusa Dua-Ngurah Rai-Benoa line in Bali, Kebon Jeruk-Ciledug line in Jakarta, Gempol-Pandaan line in East Java and the Ungaran-Bawen line in Central Java.

The first line to start operations is the Bali line, according to Jasa Marga finance director Reynaldi Hermansjah.

“The Bali toll road will be opened in July in anticipation of the APEC [Asia-Pacific Economic Cooperation]. The other roads will follow after that,” he said in Jakarta on Wednesday.