JAKARTA (TheInsiderStories) – Malaysia’ Sarawak Consolidated Industries Bhd (SCIB) has bagged three contracts in Indonesia, Abu Dhabi and Malaysia with total amount US$145 million, said the company on August 17. In Indonesia, the company awarded an earthworks job for a toll road project in Muara Enim, South Sumatera from local firm, PT Cipta Multi Sarana.
The seven-month contract that will start in October is worth $13.26 million. SCIB International (Labuan) Ltd., a wholly owned-owned subsidiary of SCIB, has accepted a contract from Serba Dinamik International Ltd., a subsidiary of Serba Dinamik Holdings Berhad in Abu-Dhabi. Other unit, SCIB Industrialised Building System Sdn. Bhd., also has accepted the contract from Serba Dinamik Development Sdn. Bhd., in Johor Darul Tazim, Malaysia.
In this year, public works and public house ministry offered nine toll road projects in Indonesia and prepared investment Rp395 trillion (US$26.87 billion) for toll road projects across the archipelago. The minister, Basuki Hadimuljono said, one project, Solo – Yogyakarta toll road with length 10 kilometers will begin the construction in September. The project need costs Rp16 trillion.
“Although finance ministry saved our budget Rp44 trillion, no activities were canceled,” he told reporters on May 28. He reported, some of toll road projects have been build by the country will be inaugurates like Banda Aceh – Sigli with a length of 14 kilometers (km), Pekanbaru – Dumai along 131 km, Manado 21 km, Balikpapan – Samarinda 33 km.
Then, part of Makassar toll road, Cibitung – Cilincing, Kriyan toll road in East Java will be inaugurated at the end of the year. Indonesian government targeting to build 3,000 km new toll road across the country in five years time. President Joko Widodo said, in his first term, the country has build 720 km of toll road.
“In the next five years, we hope that we already have 5,000 km of toll roads. Therefore, we are still focusing on infrastructure development in addition to human resource development,“ he stated.
Indonesia’ Toll Road Regulatory Agency head, Danang Parikesit added, six of the nine projects to be auctioned were proposals or initiatives from business entities. Currently, there is one project which is in the tender process, namely the Balikpapan – Penajam Paser Utara toll road bridge along 7.35 km.
“The project is a business entity initiative with the right to equalize the offer or right to match at PT Tol Teluk Balikpapan,” he said.
PT Tol Teluk Balikpapan is a subsidiary of PT Waskita Toll Road. With the right to equalize the offer, WTR has a huge opportunity to win the auction of projects worth Rp15.53 trillion. While the six toll road projects are also ready to be auctioned with a total investment of Rp135.60 trillion.
The six projects are Semanan – Balaraja toll road along 31.90 km, Kamal – Teluk Naga – Rajeg along 38.60 km, Patimban Port Access along 37.70 km, Gedebage – Tasikmalaya – Cilacap along 184 km, Solo – Yogyakarta – Kulon Progo along 91.93 km, and Yogyakarta – Bawean along 77 km.
From 2015 to June 2019, the agency has completed the operation of 985 km. From 1978 to June 2019, toll roads in Indonesia that have been fully constructed and operate have reached 1,780 km, the agency data showed.
Presiden Joko Widodo has the plan to integrate the management of toll road across the country. The toll adjustment is expected to address the needs of logistics actors and encourage trucks or containers to utilize toll roads thus reducing arterial road burden.
US$1: MYR1.18, RP14,700
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