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Kunciran-Serpong Toll Road

Sector: Road • Location: Indonesia

Source: World Bank Group

Project
Active

The project envisages the construction of a 11.19 KM toll road between Kunciran and Serpong, Greater Jakarta. SPV is PT Marga Trans Nusantara owned by PT Jasa Marga (60%) and Astra Group (40%). A consortium of banks provided the finance in amount of $ 228.98 million for the project (Bank Central Asia; PT Bank Rakyat Indonesia (Persero) Tbk; PT Bank Mandiri (Persero) Tbk; PT Bank Negara Indonesia (

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The project “Kunciran-Serpong Toll Road” is an infrastructure initiative in the Road sector, located in Indonesia. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project envisages the construction of a 11.19 KM toll road between Kunciran and Serpong, Greater Jakarta. SPV is PT Marga Trans Nusantara owned by PT Jasa Marga (60%) and Astra Group (40%). A consortium of banks provided the finance in amount of $ 228.98 million for the project (Bank Central Asia; PT Bank Rakyat Indonesia (Persero) Tbk; PT Bank Mandiri (Persero) Tbk; PT Bank Negara Indonesia (Persero) Tbk (Hong Kong); PT Bank Pembangunan Daerah Riau). The concession period of the facility is 35 years. Financial close took place on July 20, 2018. https://www.indopos.co.id/read/2018/07/23/145037/pt-mtn-kucuri-proyek-tol-serpong-kunciran-rp-33-triliun DL loans file http://www.binaartha.com/uploads/9/7/6/8/97682954/jsmr_17_januari_2018.pdf

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