1. BALIKPAPAN - SAMARINDA TOLL ROAD

LOCATION : East Kalimantan

Sector : Road

Sub-Sector : Toll Road



Description:

This 99 km toll road will connect the two largest cities in East Kalimantan, Balikpapan and Samarinda. This project is divided into two sections, Section 1 consists of Package 1 (25.07 km) and Package 5 (11.09 km) and Section 2 consists of Package 2 (23.26 km), Package 3 (21.90 km) and Package 4 (17.70 km).

Estimated Project Cost : USD 767.0 milion

Financial Feasibility:

FIRR : 13.78 %

NPV : USD 260.0 milion

Estimated Concession Period : 40 Years

Government Contracting Agency

: Indonesia Toll Road Authority ("BPJT") On Behalf of Ministry of Public Works and Housing

Contact Person

: Mr. Herry Trisaputra Zuna (Head of BPJT) +62-21-7258063;

e-mail: bpjt@pu.go.id or investasi2.bpjt@gmail.com

Project Status:

Project is currently under construction (land acquisition stage) Toll Road Company: PT. Jasamarga Balikpapan-Samarinda

1. PT Jasa Marga (Persero) Tbk;

2. PT Wijaya Karya (Persero) Tbk;

3. PT Pembangunan Perumahan (Persero) Tbk;

4. PT Bangun Tjipta Sarana

Financier:

Financial close through Contractor Pre-Financing (CPF)

Indicative Government Support & Guarantee:

Necessity:

- Land acquisition risk

- Land fund risk

- Tariff adjustment risk

- Ramp up period

- Political risk

- Termination risk

Implementation Schedule (Estimated):

1. Preparation

: 2015

2. Land Acquisition

: 2016

3. Construction

: 2016 - 2018

4. Operation

: 2019

Indicative Project Structure