Tag: Toll Road
Indonesia’s Waskita Toll Road to Divest Four Toll Roads in 2020
JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR) plans to divest four toll roads in 2020, the management told media on Dec. 18. Three...
Indonesia’s Nusantara Infrastructure Allocates Capex US$161M in 2020
JAKARTA (TheInsiderStories) - Infrastructure company, PT Nusantara Infrastructure Tbk (IDX: META) will strengthen the infrastructure business by allocated capital expenditure Rp2.25 trillion (US$160.71 million) in...
Indonesia to Build 3,000 Km Toll Roads Until 2024
JAKARTA (TheInsiderStories) - Indonesian government targeting to build 3,000 kilometers (km) new toll road across the archipelago, said the head of state in Jakarta. To reach...
Indonesia’s Jasa Marga, Wijaya Karya Get Financing US$2B
JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX: JSMR) signed direct equity financing with PT China Communications Construction Indonesia (CCCI) amounting Rp23.3 trillion (US$1.65 billion)...
Indonesia’s Waskita Seeks US$246M from Bond Issuances
Jakarta (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to release local bond worth of Rp3.5 trillion (US$246.47 million), said the...
Indonesia’ Waskita to Earn Funds US$2B in This Year
Jakarta (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) hoped to earn fresh funds up to Rp30 trillion or US$2.11 billion from projects using the...
Indonesia’s Jasa Marga Issues SUKUK Bonds US$56M
JAKARTA (TheInsiderStories) - Unit of Indonesian toll road developer, PT Jasa Marga Tbk (IDX: JSMR) issued Islamic bond (SUKUK) worth of Rp785 billion (US$56.07...
115 National Strategic Projects of Widodo’s First Term Postponed
JAKARTA (TheInsiderStories) – The realization of the National Strategic Project (NSP) experiencing significant obstacles, starting from the stage of preparation, transaction or auction to...
Indonesia’s Waskita Raises Funds US$128.67 from Bond Issuances
JAKARTA (TheInsiderStories) – Indonesian toll road developer, PT Waskita Karya Tbk (IDX: WSKT) raised funds Rp1.84 trillion (US$128.67 million) from a bond issuances. While, its...
Indonesia’s Jasa Marga to Publishs Two-Debt Instruments US$140M in 2019
JAKARTA (TheInsiderStories) – Indonesian toll-road developer, PT Jasa Marga Tbk (IDX:JSMR) to publish coupon and zero coupon bonds, with total amount Rp2 trillion (US$140.84...
Indonesia’s Jasa Marga Targets $71B from DINFRA
JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX:JSMR) registered the Infrastructure Investment Fund (DINFRA) Toll Road Mandiri worth of Rp423.5 billion (US$30.25 million) on...
Subianto Promises to Slice Electricity Price, Widodo Extends Autonomy Fund
JAKARTA (TheInsiderStories) – In his political trip to Bali and West Nusa Tenggara, Candidate President Prabowo Subianto promised to decrease electricity tariffs and basic...
Indonesia’s Hutama Karya Prepares Investment US$3.21B
JAKARTA (TheInsiderStories) - Indonesian toll operator, PT Hutama Karya (HK) prepares investment up to Rp45 trillion or US$3.21 billion this year, said the chief...
Morning Briefing: May Seeks Another Brexit Negotiation with EU
JAKARTA (TheInsiderStories) -- United Kingdom (UUK) House of Common will have another vote over Brexit, as Premier Theresa May expects for more negotiations to...
Indonesia’s Waskita to Issues Local Bond US$345M in 2019
JAKARTA (TheInsiderStories) - A state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to issue Rp5 trillion (US$344.82 million) bond, in the second semester of...
Indonesia’s Jasa Marga Prepares Capex US$1.8B in 2019
JAKARTA (TheInsiderStories) - After operating the Trans Java toll road, publicly listed PT Jasa Marga Tbk (IDX: JSMR) immediately stepped out to get a...
Transportation Integration for Jakarta and Surrounding Areas Need Costs US$41B
JAKARTA (TheInsiderStories)- Toll Road Management Agency for Jakarta and surrounding areas required funds of Rp600 trillion (US$41.38 billion) to implement integrated Transportation Master Plan...
Jakarta Tollroad Development Received Loan US$931M
JAKARTA (TheInsiderStories) – Indonesian toll road operator, PT Jakarta Tollroad Development (JTD) signed a syndicated loan agreement worth of Rp13.7 trillion (US$931.27 million). The...
Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019
JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road...
Indonesia Offers Six Toll Road Projects Costs US$8B
JAKARTA (TheInsiderStories) - Indonesia's Toll Road Regulatory Agency offered six toll road projects with an investment value of Rp124 trillion (US$8.67 billion) to be...
Policy Review: SOEs More Agressives Build Toll Roads Amid Liquidity Concern
JAKARTA (TheInsiderStories) - Two state-owned enterprises (SOEs), PT Wijaya Karya Tbk (IDX: WIKA) and PT Jasa Marga Tbk (IDX: JSMR) will operate and build new toll...
Indonesia WIKA, Philippine Consortium Constructs US$1.25B’s Toll Road Project in Manila
JAKARTA (TheInsiderStories) - Indonesian construction firm PT Wijaya Karya Tbk (IDX: WIKA) with Citra Manila Consortium, consisting of PT Citra Persada Infrastruktur, PT Citra Nusaphala Marga...
Jasa Marga Secures $561M Loan to Build Batang Toll Road
JAKARTA (TheInsiderNetwork) - State-owned toll operator PT Jasa Marga Tbk (IDX: JSMR) has obtained syndicated loan amounting Rp7.73 trillion (US$561 million) to finance Batang - Semarang...
Status Updates of Indonesia’s National Strategic Projects
JAKARTA (TheInsiderStories) - The administration of President Joko Widodo is ratcheting up infrastructure spending, with priorities set in logistic, energy and transportation sectors.
Indonesia needs...
Waskita, Jasa Marga Seek US$582M from Toll Roads Divestment
JAKARTA (TheInsiderStories) - State-owned construction firm PT Waskita Karya Tbk (IDX: WSKT) and state-owned toll operator company PT Jasa Marga Tbk (IDX: JSMR) are planning to...
Government May Slash Toll Road Tariffs, Operators Welcome
JAKARTA (TheInsiderStories) - President Joko Widodo summoned Minister of Public Works and People's Housing Basuki Hadimuldjono, Minister of Transportation Budi Karya Sumadi, and several...
WIKA to Start the Construction Serang-Panimbang Toll Road
JAKARTA (TheInsiderStories) - State owned construction company, PT Wijaya Karya Tbk Persero (IDX:WIKA) will soon start the construction Serang-Panimbang toll road (83.7km) under Toll Road...
Waskita Obtains Loan US$75M to Build Salatiga-Kartasura Toll Road
JAKARTA (TheInsiderStories) – State-owned construction company PT Waskita Karya Persero Tbk, (IDX:WSKT) has secured a syndicate loan amounted Rp1 trillion or US$75 million to fund...
Wijaya Karya Offers Global IDR Bonds US$400M
JAKARTA (TheInsiderStories) - Publicly listed construction firm, PT Wijaya Karya Tbk (IDX: WIKA) is ready to offer US$400 million (Rp5.3 Trillion) global IDR bonds...
Indonesia Toll Road Regulator Raises Tariffs on 9 Toll Roads
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...