2. BATANG - SEMARANG TOLL ROAD

LLOCATION: Central Java

Sector : Road

Sub-Sector : Toll Road



Description :

This Toll Road (74.2 km) is a section of the Trans-Java Toll Road Network that will connect Jakarta and Surabaya. Batang is a regency on the north coast of Central Java Province while Semarang is the largest and capital city of Central Java Province.

Estimated Project Cost : USD 850.0 milion

Financial Feasibility :

FIRR : 13.70 %

NPV : USD 230.0 Milion

Estimated Concession Period : 45 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:

This project has reached financial close, and is currently under construction (land acquisition stage)

Toll Road Company: PT. Jasamarga Semarang Batang

1. PT Jasa Marga (Persero) Tbk.

2. PT Waskita Toll Road.

Financier :

Financial close through Contractor Pre-Financing (CPF)

Indicative Government Support & Guarantee:

Necessity:

- Land acquisition risk

- Land fund risk

- Tariff adjustment risk

- Political risk

Implementation Schedule (Estimated):

1. Preparation

: 2016

2. Land Acquisition

: 2016

3. Construction

: 2016 - 2018

4. Operation

: 2019

Indicative Project Structure