Sector : Road

Sub-Sector : Toll Road

Description:

Pandaan - Malang toll road is designed to improve connectivity in the region. In addition, the toll road is expected to facilitate industrial transportations from Pandaan to Malang which are connected directly to Surabaya, and vice versa.

Estimated Project Cost : USD 461.0 Milion

Financial Feasibility:

FIRR : 13.81%

NPV : USD 99.0 Milion

Estimated Concession

Period : 35 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 Pandaan Malang

1. PT Jasa Marga (Persero) Tbk.

2. PT Pembangunan Perumahan (Persero) Tbk .

3. PT Sarana Multi Infrastruktur (Persero).

Financier :

Refinancing with syndication of BNI, BCA, and Bank Mandiri

Indicative Government Support & Guarantee:

Necessity:

Implementation Schedule (Estimated):

Indicative Project Structure