Indonesia to spend close to 6.8 bln USD in eight new toll roads
The Indonesian government has prepared for construction of eight new toll roads to connect the strategic areas and growth centers in Java and Bali at the end of 2020 and early 2021.
Jakarta (VNA) – The Indonesian government hasprepared for construction of eight new tollroads to connect the strategic areas and growth centers in Java and Bali at theend of 2020 and early 2021.
The investment for this infrastructure project is estimated at around 100trillion rupiah (6.76 billion USD) with a total length of toll roads reaching374km.
The Indonesian government is targeting to build 3,000km new toll roads across the country, said President JokoWidodo. This year, the nation plans to spend 420 trillion rupiah to build the infrastructure projects, including toll roads.
Beside, the eight toll roads, there are some projects in the tender process. Six other road projects are alsoready to be auctioned with a total investment of 135.60 trillion rupiah.
From 2015 to June 2019, the Ministry of Public Works and Housing hascompleted the operation of 985km. So far, toll roads in Indonesia that havebeen fully constructed and operate have reached 1,780 km./.
The Indonesian government will offer six toll road projects with a combined value of 80.5 trillion Rp (5.3 billion USD) to investors this year, with an aim to recover the economy after the COVID-19 pandemic, according to the Jakarta Post.
An Indonesian minister has affirmed that the country’s government is strongly committed to developing land transportation infrastructure nationwide to support economic growth.
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Illustrative photo. (Source: AFP)
