Indonesian highway funding package required

Funding is required for a major Indonesian highway project.
By MJ Woof July 14, 2020 Read time: 1 min
Indonesia’s massive JTTS project requires considerable financing – image courtesy of © 350jb, Dreamstime.com

A massive funding system will be required to support Indonesia’s Trans-Sumatra Toll Road development project (JTTS). Stretching some 2,765km, the project has an expected cost of as much as US$31.4 billion.

Because of the high cost, it may not be until 2035 that the project will be free from the need for funding support. Hutama Karywa is working on a 771km stretch of the JTTS, which should be complete by 2022.

Indonesia’s new tolled highway links will massively improve transport in the country. The Indonesian Government has helped ramp up construction of toll roads stretching across the various islands. Bridge links are also being planned to link a number of the islands.

Financing the many transport infrastructure projects has proved complex, with the Indonesian Government having looked at various methods to allow the projects to be constructed.

Finance & Funding

Related Content

  • US$6 billion needed for Indonesia highway
    October 4, 2024
    A further US$6 billion is needed for a key Indonesia highway.
    Read More
  • Construction work will start shortly on major Indonesian tollroad
    July 22, 2013
    In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
    Read More
  • Key Indonesian highway/bridge projects moving forward with funding
    August 14, 2014
    Infrastructure in Indonesia looks set to benefit from a series of a key highway and bridge projects, now gathering momentum. The country’s State Enterprises Ministry has announced plans for new road building worth a colossal US$25.66 billion. Work on a key highway stretch will commence in September 2014. This highway will connect provinces across the island of Sumatra, with the project looking set to be handled by the state-run firm Hutama Karya. The Indonesian Government has granted Bengkulu $1.22 billion
    Read More
  • Trans-Sumatra Highway toll road project
    June 8, 2020
    The Trans-Sumatra Highway toll road project is being prioritised.
    Read More

Highlighted Content