JAKARTA (TheInsiderStories) – The Toll Road Regulatory Agency (BPJT) has decided to adjust the tariffs of nine toll roads, starting Dec. 8.
Head of BPJT Herry Trisaputra Zuna explain that the increased tariff has been approved by the Minister of Public Works and People’s Housing, in line with applicable regulations.
The nine toll roads affected are:
- Nusa Dua-Ngurah Rai-Benoa toll road
- Belawan-Medan-Tanjung Morawa toll road
- Inner city Cawang-Tomang-Grogol-Pluit toll road
- Cawang-Tanjung Priok-Ancol Timur-Pluit
- Serpong-Pondok Aren toll road
- Palimanan-Plumbon-Kanji toll road
- Surabaya-Gempol tol road
- Semarang ABC toll oad
- Ujung Pandang Section 1 and 2 toll road
The tariff hike is set between Rp500-Rp1500.
Under the current regulation, toll road operators have the right to request a tariff hike every two years, under the condition that they meet minimum service standards set by the regulator.
The tariff hike increase is a move to assure certainty of revenue returns to toll road investors and operators.
Currently, the Joko Widodo administration is developing around 35 toll road sections with total investment of Rp300 trillion. Majority of these projects are developed by non-state budget funds, with 17 per cent only funded by the State Budget.
The government targets to complete the construction of 766 km in 2018 and 53.1 km in 2019. As for 2017, the government targets to add 379.2 km of toll roads. As of November, 133 km of the target has been achieved, with the remaining is expected to be completed in the remaining of this year, with portion of the tollroads to be completed in the following year. (*)