TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Waskita and Acset sign deal worth Rp 13.5 trillion
Change Size
Drivers have to slow down their vehicles when passing the 16 km of Jakarta-Cikampek toll road in Bekasi, West Java. (Antara/Risky Andrianto)
S
tate-owned builder Waskita Karya and construction firm Acset Indonusa won a contract worth Rp 13.5 trillion (US$1.01 billion) to build Jakarta-Cikampek II elevated toll road, the companies announced on Wednesday.
The 38.6 kilometer toll road from Cikunir to West Karawang, expected to be completed within 24 months, will serve to address traffic congestion on the existing Jakarta-Cikampek toll road.
The contract was obtained from Jasa Marga Jalanlayang Cikampek and was signed on Feb. 27.
(Read also: Govt trials new payment system for Cikampek-Palimanan toll road)
In the project, Waskita holds 51 percent shares, equivalent to Rp 6.9 trillion, to work on the Cikunir-Cikarang section of 19.7 km, while Acset holds 49 percent shares, Rp 5.5 trillion, to work on the Cikarang-Karawang 18.9 km section.
The project construction will be done with minimal impact to the existing Jakarta-Cikampek toll road that will remain in operation while the construction is in progress, said Dono Parwoto, the representative for Waskita-Acset joint operation.
"The involvement of Waskita and Acset in this project shows the companies’ participation on the acceleration of infrastructure development,” Dono said in an official statement, adding that the companies would maintain their commitment to zero accidents.
Jakarta-Cikampek II elevated toll road project adds to the list of toll-road construction projects developed by Waskita.
Muhammad Choliq, Waskita’s president director said that in 2017 the company will focus on targeting new contracts for toll road projects. The firm has eyed Rp 80 trillion in new contracts this year. (win/bbn)
