Toll road between Cipali Expressway and Kertajati Airport
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Source: World Bank Group
The project entails the construction of a toll road between Cipali Expressway and Kertajati Airport. Sponsor of the project is PT Lintas Marga Sedaya. A consortium of banks and non-financial institutions (PT Bank DKI; Bank Central Asia; PT Bank Mandiri (Persero) Tbk; PT Bank Panin Tbk; PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk - Jabar Banten; PT Indonesia Infrastructure Finance; PT Sara
- Status
- Prospective
- Sector
- Airport, Road, Commercial, Government
- Location
- Indonesia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a toll road between Cipali Expressway and Kertajati Airport. Sponsor of the project is PT Lintas Marga Sedaya. A consortium of banks and non-financial institutions (PT Bank DKI; Bank Central Asia; PT Bank Mandiri (Persero) Tbk; PT Bank Panin Tbk; PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk - Jabar Banten; PT Indonesia Infrastructure Finance; PT Sarana Multi Infrastruktur (Persero); PT Bank ICBC Indonesia) provided the project with $ 616.8 million syndicated loans. On September 24, 2019 it was reported that Astra Infra joined the JV with a 55 % stake. Financial close took place on August 10, 2018. http://www.lintasmarga.com/media/detail/41/pt-lintas-marga-sedaya-terima-kucuran-kredit-sindikasi Dl loans file https://bijb.co.id/en/disuntik-rp-88-triliun-lintas-marga-sedaya-bangun-airport-link-tol-bijb-kertajati/, https://www.idnfinancials.com/news/28836/astra-infra-increases-stake-cipali-toll-road |
Original sector | Transport |
Budget |
Location
Country | Indonesia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Airport, Road, Commercial, Government |
Article published date | 2024-06-06 |
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