3. JAKARTA - CIKAMPEK ELEVATED II TOLL ROAD

LOCATION: Jakarta - West Java

Sector : Road

Sub-Sector : Toll Road



Description:

The project is an elevated 36.4 km toll road to be built over the existing Jakarta - Cikampek toll road, which is being operated by PT Jasa Marga. The Jakarta -Cikampek road is part of the Trans-Java toll road network connecting Jakarta and Surabaya. The existing road's capacity has already been reached, but there are limitations to widening it thus the proposed solution is to expand the road's capacity by building over it.

Estimated Project Cost : USD 1,249.0 Milion

Financial Feasibility:

FIRR : 12.60%

NPV : USD 104.0 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:

Project is currently under construction

Toll Road Company: PT. Jasamarga Jalan Layang Cikampek

1. PT Jasa Marga (Persero) Tbk.

2. PT Ranggi Sugiron Perkasa.

Financier :

Syndication of bank on investment credit

Indicative Government Support & Guarantee:

- Tariff adjustment risk

- Political risk

- Termination risk

Implementation Schedule (Estimated):

1. Preparation

: 2015

2. Land Acquisition

: 2016

3. Construction

: 2017 - 2019

4. Operation

: 2019

Indicative Project Structure