Sector : Road

Sub-Sector : Toll Road

Description:

Serpong-Balaraja Toll (30 km) is part of the Jabodetabek road network. This toll road is located in Banten Province and will support rapid development in that area.

Estimated Project Cost : USD 464.0 milion

Financial Feasibility :

FIRR : 15.89 %

NPV : USD 231.0 Milion

Estimated Concession Period : 40 Years

Project Status:

Financial close, land acquisition and under construction

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. Trans Bumi Serbaraja

1. PT Bumi Serpong Damai.

2. PT Astratel Nusantara.

3. PT Transindo Karya.

4. PT Sinar Usaha Mahitala..

Financier :

Syndication between PT Bank Mandiri, PT Bank BNI and PT SMI

Indicative Government Support & Guarantee:

Necessity:

- Land acquisition risk

- Tariff adjustment risk

- Political risk

Implementation Schedule (Estimated):

Indicative Project Structure