Tag: Toll Road
Indonesia: Waskita Sells Two Toll Roads to SMI for US$141M
JAKARTA (TheInsiderStories) - State firm, PT Waskita Toll Road (WTR) has sold two toll roads with share swap and cash payment transaction with PT Sarana Multi...
Indonesia’s Jasa Marga Offers Nine Toll Roads for Investor
JAKARTA (TheInsiderStories) - Toll road manager, PT Jasa Marga Tbk (IDX: JSMR), has prepared nine toll roads to be offered through the sovereign wealth fund, Indonesia...
Hutama Karya Needs More Capital Injection for Trans Sumatera
JAKARTA (TheInsiderStories) - PT Hutama Karya, the construction firm owned by the government, proposed an additional capital injection Rp19 trillion (US$1.40 billion) to complete Trans...
Indonesia’s Jasa Marga Prepares US$553M for Business Expansions
JAKARTA (TheInsiderStories) - The toll road manager, PT Jasa Marga Tbk (IDX: JSMR), is preparing a capital expenditure around Rp7.75 trillion (US$553.57 million) in this...
Indonesia Offers Nine Toll Roads for US$10B in First Quarter
JAKARTA (TheInsiderStories) - The ministry of public works and public housing ready to tender nine toll roads with total length 350 kilometers (km) to improve the...
Indonesia’s Waskita Karya Needs US$1.4B to Build Toll Roads
JAKARTA (TheInsiderStories) - The state-owned firm, PT Waskita Karya Tbk (IDX: WSKT) need funds up to Rp20 trillion (US$1.43 billion) to complete the construction a number...
Nusantara Infrastructure’s Plans to Build Clean Water Projects
JAKARTA (TheInsiderStories) - A subsidiary of PT Nusantara Infrastructure Tbk (IDX: META), PT Potum Mundi Infranusantara, plans to build clean water business and has obtained...
Indonesia’s Adhi Karya Receives Project Payments US$114M
JAKARTA (TheInsiderStories) - The state construction firm, PT Adhi Karya Tbk (IDX: ADHI) received the project payments worth of Rp1.6 trillion (US$114.29 million), said the management...
President Widodo Injects Funding US$532M for Hutama Karya
JAKARTA (TheInsiderStories) - The state-owned construction firm, PT Hutama Karya, received a capital injection worth of Rp7.5 trillion (US$531.91 million) from President Joko Widodo. This is...
Indonesia’s Waskita to Divesting 11 Toll Roads, Eyes US$2B
JAKARTA (TheInsiderStories) - The state construction firm, PT Waskita Karya Tbk (IDX: WSKT) plans to divesting 11 toll roads with target funds up to Rp31...
Indonesia’s Astra Infra Prepares US$106M for Expansion
JAKARTA (TheInsiderStories) - PT Astra Tol Nusantara (Astra Infra), a subsidiary of PT Astra International Tbk (IDX: ASII), is preparing a capital expenditure about Rp1.5 trillion...
Indonesia’s Nusantara Infrastructure to Spend US$85M in 2021
JAKARTA (TheInsiderStories) - The infrastructure and energy services company, PT Nusantara Infrastructure Tbk (IDX: META) has budgeted a capital expenditure more than Rp1.2 trillion (US$85.11 million)...
Indonesia’s DINFRA to Acquires Toll Road Assets from Jasa Marga
JAKARTA (TheInsiderStories) - Dana Investasi Infrastruktur (DINFRA) Toll Road Mandiri plans to lift its asset portfolio by buying shares of PT Jasamarga Gempol Pasuruan from the...
Indonesia’s Waskita to Divests Nine Toll Roads Next Year
JAKARTA (TheInsiderStories) - The contractor company, PT Waskita Karya Tbk (IDX: WSKT) announced to divest nine toll roads in 2021 an eyes fresh funds up to...
Astra Infra Take Over 100% Jakarta Marga Jaya’s Toll Road Shares
JAKARTA (TheInsiderStories) - PT Astra International Tbk (IDX: ASII), through its subsidiary Astra Infra, completed the acquisition 100 percent shares of PT Jakarta Marga Jaya, said...
China’s Sino Road Joins with SOEs Build Serang – Panimbang Toll...
JAKARTA (TheInsiderStories) - State-run construction firm, PT Adhi Karya Tbk (IDX: ADHI), PT Wijaya Karya Tbk (IDX: WIKA), together with China' Sino Road and Bridge Group...
Indonesia’s Jasa Marga To Operates 1,292KM Toll Roads in 2021
JAKARTA (TheInsiderStories) - The toll road and infrastructure firm, PT Jasa Marga Tbk (IDX: JSMR) targeting to operates 1,292 kilometers (km) of toll roads by 2021....
Five SOEs to Build Toll Road in Central Java worth of...
JAKARTA (TheInsiderStories) - Five state-owned enterprises (SOEs) signed a toll road concession agreement for the Yogyakarta - Bawen Toll Road project in Central Java with an...
Indonesia’s Gudang Garam Enters Toll Road Business
JAKARTA (TheInsiderStories) - Cigarette-maker, PT Gudang Garam Tbk (IDX: GGRM) entered toll road business through the unit, PT Surya Kerta Agung (SKA), said the issuer...
Indonesia Regulates Nine JORR Toll Road Tariffs
JAKARTA (TheInsiderStories) - Toll Road Regulatory Agency at the public works and housing ministry officer decided to raise nine sections of the Jakarta Outer...
Indonesia’s Waskita Only Divests Two Toll Road Assets in 2020
JAKARTA (TheInsiderStories) - The construction firm, PT Waskita Karya Tbk (IDX: WSKT) announced only divest two toll roads in this year caused the impact...
Indonesia’s Hutama Karya Prepares Three Subsidiaries Go IPO
JAKARTA (TheInsiderStories) -State-owned toll operator, PT Hutama Karya, plans to bring three of its subsidiaries take a floor (IPO) at the Indonesian Stock Exchange...
Jasa Marga Joins the Longest Toll Road Projects Tender in Java
JAKARTA (TheInsiderStories) - Toll road operator, PT Jasa Marga Tbk' (IDX: JSMR) consortium have submitted pre-qualification documents to participate in the tender for the Gedebage...
Indonesia’s Citra Marga Seeks Funds US$213M from Rights Issue
JAKARTA (TheInsiderStories) - Toll road manager, PT Citra Marga Nusaphala Persada Tbk (IDX: CMNP) have a plans to offer new shares with total amount of Rp3.16...
Indonesia’s PTPP to Divests Two Toll Road Assets for US$28M
JAKARTA (TheInsiderStories) - The state-owned construction firm, PT PP Tbk (IDX: PTPP) to raised Rp421 billion (US$28.44 million) from the divestment of its two toll road...
Indonesia Prepares the Constructions of Eight Toll Roads
JAKARTA (TheInsiderStories) - Indonesian government has prepared the construction of eight new toll roads to connect the strategic areas and growth centers in Java and Bali at...
Indonesia’s Jasa Marga invests US$449M in Toll Road Project
JAKARTA (TheInsiderStories) - State-owned toll road operator, PT Jasa Marga Tbk (IDX: JSMR) will invests up to Rp6.6 trillion (US$449 million) for the Solo -Yogyakarta International Airport...
Indonesia’s Waskita Toll Road Divests Asset for US$37M
JAKARTA (TheInsiderStories) - Indonesian toll builder, PT Waskita Toll Road (WTR) sold 30 percent of share ownership in the company unit, PT Kresna Kusuma Dyandra Marga...
Indonesia’s Jasa Marga Cuts Investments, Delayes Some Projects
JAKARTA (TheInsiderStories) - The state-owned toll road builder, PT Jasa Marga Tbk (IDX: JSMR) decided to cut this year' capital expenditure from initial targets Rp20...
Sarawak Consolidated Industries Awards Toll Road Projects in Indonesia
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...
