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Jakarta Post
The Jakarta Post
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toll-road

Government set to operate sections of toll roads in Aceh, Manado amid pandemic
Business 2 weeks ago

Government set to operate sections of toll roads in Aceh, Manado amid pandemic

Public Works and Public Housing Minister Basuki Hadimuljono has approved the operation of 35 kilomet...
Financing, land acquisition issues hamper strategic toll road projects
Business 1 month ago

Financing, land acquisition issues hamper strategic toll road projects

A lack of financing and the country’s age-old issues with land acquisition have delayed t...
Govt owes construction SOEs Rp 5.6t for land acquisition expenses
Business 1 month ago

Govt owes construction SOEs Rp 5.6t for land acquisition expenses

Three state-owned construction companies, PT Waskita Karya, PT Hutama Karya and PT Wijaya Karya, are...
Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank
Business 1 month ago

Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank

The World Bank has urged the Indonesian government to improve public-private partnership (PPP) finan...
Hutama Karya’s $600 million global bonds oversubscribed by sixfold
Business 3 months ago

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Hutama Karya’s $600 million global bonds oversubscribed by sixfold

The proceeds from the issuance of the 10-year bonds with a yield of 3.75 percent will be used to fun...
Jasa Marga profit stagnates in 2019 despite double-digit toll revenue growth
Business 3 months ago

Jasa Marga profit stagnates in 2019 despite double-digit toll revenue growth

Jasa Marga booked Rp 2.21 trillion (US$145.5 million) in net profit last year, up a mere 0.2 percent...
Government looks to recovery with $5.3b toll road investment offerings
Business 3 months ago

Government looks to recovery with $5.3b toll road investment offerings

The projects consist of five private toll road projects and an Rp 8.7 trillion government project fo...
Serang-Panimbang toll road project halted after worker suspected of contracting COVID-19
Business 3 months ago

Serang-Panimbang toll road project halted after worker suspected of contracting COVID-19

Construction of the toll road, which will connect Serang and the Tanjung Lesung Special Economic Zon...
Jasa Marga to close Jakarta-Cikampek elevated toll road following ‘mudik’ ban
City 3 months ago

Jasa Marga to close Jakarta-Cikampek elevated toll road following ‘mudik’ ban

State-owned toll road operator PT Jasa Marga is awaiting the Public Works and Housing Ministry's...
COVID-19: Toll roads into and out of Jakarta still operating normally
City 4 months ago

COVID-19: Toll roads into and out of Jakarta still operating normally

All toll roads in the city will continue to operate normally, Jakarta Police spokesman Sr. Comr. Yus...
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