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toll-road

Let INA be sovereign
Editorial 2 years ago

Let INA be sovereign

If the INA hopes to attract massive amounts of foreign direct investment (FDI), its projects must be...
‘Mudik’ traffic heaviest in evening to past midnight: Police
Society 3 years ago

‘Mudik’ traffic heaviest in evening to past midnight: Police

The police have observed that traffic going out of Jakarta is heaviest from dusk to midnight as more...
‘Mudik’ trips pick up as govt trials traffic policies
Society 3 years ago

PREMIUM
‘Mudik’ trips pick up as govt trials traffic policies

Some Indonesians have begun departing to their hometowns to spend the Idul Fitri holiday with famili...
Jasa Marga-led consortium wins $3.9b Gedebage-to-Cilacap toll road bid
Companies 3 years ago

PREMIUM
Jasa Marga-led consortium wins $3.9b Gedebage-to-Cilacap toll road bid

A consortium led by state-owned toll road operator PT Jasa Marga has won the tender for the Gedebage...
Jasa Marga lowers 2021 capex target due to project delays
Business 3 years ago

PREMIUM
Jasa Marga lowers 2021 capex target due to project delays

The state-owned toll road operator has lowered its 2021 capex disbursement expectation because of de...
Govt reaches last leg of strategic project land acquisition plan
Business 3 years ago

PREMIUM
Govt reaches last leg of strategic project land acquisition plan

The Finance Ministry’s State Asset Management Agency (LMAN) has paid Rp 80.17 trillion (US$5.5...
Waskita signs major loan restructuring deal
Business 3 years ago

PREMIUM
Waskita signs major loan restructuring deal

State-owned construction company PT Waskita Karya has reached a Rp 19.3 trillion loan restructuring ...
INA to buy into toll roads of debt-laden SOEs
Business 4 years ago

PREMIUM
INA to buy into toll roads of debt-laden SOEs

Indonesia's sovereign wealth fund is looking to purchase toll roads from state-owned enterprises...
Cash-tight Waskita construction firm set to divest two toll roads 
Business 4 years ago

PREMIUM
Cash-tight Waskita construction firm set to divest two toll roads 

PT Waskita Toll Road (WTR) will divest 20 percent of Semarang–Batang toll road in Central Java...
Indonesia renames major toll road after UAE crown prince
Business 4 years ago

PREMIUM
Indonesia renames major toll road after UAE crown prince

Indonesia has seen strengthening economic ties with the UAE since President Joko “Jokowi&rdquo...
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