Sector : Road

Sub-Sector: Toll Road

Description:

Serang - Panimbang Toll Road is Located in Banten Province where the toll reach from Jakarta to Tanjung Lesung Special Economic Zone. Furthermore, One of the attractive points for development of this toll road is that it will have tremendous facilities, such as development of residential areas and commercial areas along the corridor.

Estimated Project Cost : USD 391.6 Million

Financial Feasibility :

FIRR : 13.96%

NPV : USD 39.1 Million

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; investasi2.bpjt@gmail.com

Project Status:

The project is currently on PPP agreement signing phase.

Investor :

PT Wijaya Karya Serang Panimbang

Financier :

CPF (PT WIKA & PT PP)

Indicative Government Support & Guarantee:

- VGF (the financial calculation is assumed at USD 192.6 million)

- Government Guarantee by IIGF

Implementation Schedule (Estimated):

Indicative Project Structure