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PUBLIC PRIVATE PARTNERSHIP :

TOLL ROAD DEVELOPMENT IN INDONESIA

Indonesia Infrastructure Investment Forum Korea, 20 September 2017

Infrastructure Investment Forum Korea, 20 September 2017 Indonesia Toll Road Authority Ministry of Public Works and

Indonesia Toll Road Authority

Ministry of Public Works and Housing

Economic Backdrop

Indonesia’s GDP is ranked 16 th worldwide

Largest regional economy (33% of ASEAN)

Government’s infrastructure plan is a key component of delivering future economic prosperity

Road infrastructure is lagging behind others

• Road infrastructure is lagging behind others 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - 65,065

70,000

60,000

50,000

40,000

30,000

20,000

10,000

-

65,065

8,428 2,623 2,350 1,016
8,428
2,623
2,350
1,016

China

Japan

South Korea

Malaysia

Indonesia

Toll Road Length Among Asian Countries (Km) Source : BPJT and other’s link

Transport Cost in Percentage of GDP

30%

20%

10%

0%

24.00%

20.90%

18.00% 15.00% 13.00% 8.00%
18.00%
15.00%
13.00%
8.00%

Singapore Malaysia

Thailand Cambodia Vietnam Indonesia

Sumber: NESDB, Vietnam business forum, Logistic Viewpoints and Indonesia Investment

Background

Indonesia Infrastructure Figure

The Global Competitiveness Index 2016 -2017 Infrastructure Ranking

Singapore 2 Malaysia 24 China 42 Thailand 49 Indonesia 60 India 68 Vietnam 79 Philipinies
Singapore
2
Malaysia
24
China
42
Thailand
49
Indonesia
60
India
68
Vietnam
79
Philipinies
95
The Global Competitiveness Index 2016 - 2017
Quality of Roads Ranking
Singapore
2
Malaysia
20
China
39
India
51
Thailand
60
Indonesia
75
Vietnam
89
Philipinies
106

The Global Competitiveness Index 2016 - 2017 Ranking

Singapore 2 Malaysia 25 China 28 Thailand 34 India 39 Indonesia 41 Philipinies 57 Vietnam
Singapore
2
Malaysia
25
China
28
Thailand
34
India
39
Indonesia
41
Philipinies
57
Vietnam
60
- 2017 Ranking Singapore 2 Malaysia 25 China 28 Thailand 34 India 39 Indonesia 41 Philipinies

Background

National Road Challenges

Background National Road Challenges GDP per capita represented by size of bubble • High costs of

GDP per capita represented by size of bubble

High costs of land transport due to poor connectivity, high travel times, chronic road congestion, poor road condition

Economic and social prosperity is being inhibited by insufficient road capacity and poor condition

Traffic demand is expected to more than double in 15 years, equating to around 5%

per annum, so the traffic situation will

become worse if no urgent action is taken

The immediate challenge is to address the road investment backlog and thereby improve poor connectivity to keep Indonesia moving and to boost the economy

Indonesia Toll Road Authority, Ministry of Public Works and Housing

to keep Indonesia moving and to boost the economy Indonesia Toll Road Authority, Ministry of Public

Java 2035: No New Projects

Background

National Road Challenges

2035: No New Projects Background National Road Challenges Traffic conditions on tollroads Traffic conditions on

Traffic conditions on tollroads

Traffic conditions on other arterial roads

Red indicates roads near/over capacity

Source:

roads Red indicates roads near/over capacity Source: Indonesia Toll Road Authority, Ministry of Public Works and

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Red indicates roads near/over capacity Source: Indonesia Toll Road Authority, Ministry of Public Works and Housing

Java 2035 : with Committed Expressways Constructed

Background

National Road Challenges

Traffic conditions on tollroads

Traffic conditions on other arterial roads Indonesia Toll Road Authority, Ministry of Public Works and
Traffic conditions on other arterial roads
Indonesia Toll Road Authority, Ministry of Public Works and Housing

Red indicates roads near/over capacity

Source:

Indonesia Toll Road Authority, Ministry of Public Works and Housing Red indicates roads near/over capacity Source:

Java 2035 : with Committed and Planned Expressways Constructed

Background

National Road Challenges

Traffic conditions on tollroads A is Traffic conditions on other arterial roads Red indicates roads
Traffic conditions on tollroads
A
is
Traffic conditions on other arterial roads
Red indicates roads near/over capacity
Source:

Second

Trans-Java Freeway

required

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Source: Second Trans-Java Freeway required Indonesia Toll Road Authority, Ministry of Public Works and Housing

JAVA Backbone Network Schematic

Background

National Road Challenges

Jakarta Cikampek Cirebon Tegal Semarang Surabaya Merak Gempol Bawen Banyuwangi Surakarta Bandung Cilacap
Jakarta
Cikampek
Cirebon
Tegal
Semarang
Surabaya
Merak
Gempol
Bawen
Banyuwangi
Surakarta
Bandung
Cilacap
Yogyakarta
Malang
Supernode (Urban)
Supernode (Gateway)
Junction
Superlink

Indonesia Toll Road Authority, Ministry of Public Works and Housing

(Urban) Supernode (Gateway) Junction Superlink Indonesia Toll Road Authority, Ministry of Public Works and Housing

SUMATERA Backbone Network Schematic

Background

National Road Challenges

Dumai

Bandar

Banda Aceh Tebing Tinggi Pekanbaru Palembang Lampung Jambi Indralaya Bakauheni Sibolga Padang Bengkulu
Banda Aceh
Tebing Tinggi
Pekanbaru
Palembang
Lampung
Jambi
Indralaya
Bakauheni
Sibolga
Padang
Bengkulu
Supernode (Urban)
Supernode (Gateway)
Junction
Superlink

Indonesia Toll Road Authority, Ministry of Public Works and Housing

(Urban) Supernode (Gateway) Junction Superlink Indonesia Toll Road Authority, Ministry of Public Works and Housing
GOALS Improve Services and Set up Toll Road Industry to support 1.000 km Toll Road

GOALS

Improve Services and Set up Toll Road Industry to support 1.000 km Toll Road Program

Policy Framework

DIRECTION

New PPP

Simplified

Government

Land

Scheme

Procedure

Support

Acquisition

Land Scheme Procedure Support Acquisition MAIN ACTIVITIES PPP Scheme   Variety of Early and

MAIN

ACTIVITIES

PPP Scheme

 

Variety of

Early and

Faster Tender Process

Government Support & Guarantee

Faster Land

Acquisition

 

Process

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Faster Land Acquisition   Process Indonesia Toll Road Authority, Ministry of Public Works and Housing
Policy Framework STRATEGIC DECISION New PPP Scheme Treated as No Project Included in master plan
Policy Framework
STRATEGIC DECISION
New PPP Scheme
Treated as
No
Project Included in
master plan ?
Unsolicited
Project
Yes
TRC without
Government Support
TRC with Government
Support
Conventional Procurement
• Needed to boost regional
Economically
Economically
No
No
No
development; and
Feasible,
& Financially
financially
Economically Feasible, Not
Financially Feasible
Feasible
marginal
• Government budget for Toll
Road is Limited (based on
Government Budget Allocation)
Yes
Yes
Or
Yes
Construction
Build-Operate-
State Own Enterprise
Transfer (BOT)
Supported Toll
Road (S-BOT)
Performance
Based Annuity
Scheme (PBAS)
Contract (e.g:
(Due Diligent)
Turnkey &D&B)

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Contract (e.g: (Due Diligent) Turnkey &D&B) Indonesia Toll Road Authority, Ministry of Public Works and Housing

DELIVERY OPTIONS :

Scheme Selection

Policy Framework

New PPP Scheme

Economically

Viable

Policy Framework New PPP Scheme Economically Viable Yes Economically Viable Yes Without Support Yes

Yes

Economically

Viable

Yes

Without

Support

Yes

Reconsider

Project

No

Viable Yes Without Support Yes Reconsider Project No Need Acceleration, Support Dev No Yes SGM/SOE No

Need

Acceleration,

Support Dev

No
No

Yes

SGM/SOE

No

No Need Acceleration, Support Dev No Yes SGM/SOE No AP Candidate Yes AP No No BOT

AP Candidate

Yes

AP

No

Support Dev No Yes SGM/SOE No AP Candidate Yes AP No No BOT SBOT CONVENTIONAL Indonesia

No

Support Dev No Yes SGM/SOE No AP Candidate Yes AP No No BOT SBOT CONVENTIONAL Indonesia

BOT

SBOT

CONVENTIONAL

Indonesia Toll Road Authority, Ministry of Public Works and Housing

No AP Candidate Yes AP No No BOT SBOT CONVENTIONAL Indonesia Toll Road Authority, Ministry of

PRIVATE SECTOR

GOVERNMENT

Project Preparation Prepare PQ Document PQ And Bid Invitation Submit PQ Document Prequalification Of Bidder
Project Preparation
Prepare PQ
Document
PQ And Bid
Invitation
Submit PQ
Document
Prequalification Of
Bidder
Prepare Bid
Proposal
Pre Bid Conference-
bid Preparation
Submit Bid Proposal
& Bid Bond
Submission And
Opening Bid
Receive Notice
Award
Evaluation Of Bid
Prepare Special
Purpose Vehicle
Apointment Of
Succesful Bidder
Sign Contract
Performance Bond,
Land Acquisition
Cost, Financial Close
Consession
Agreement
IMPLEMENTATION OF THE AGREEMENT

Policy Framework

Simplified Procedure

Government

Support

Policy Framework Simplified Procedure Government Support Guaranteed by IIGF Financing facility from SMI Simplified

Guaranteed by IIGF Financing facility from SMI

Support Guaranteed by IIGF Financing facility from SMI Simplified Procurement Process Contractors and banks early

Simplified Procurement Process

Guaranteed by IIGF Financing facility from SMI Simplified Procurement Process Contractors and banks early involved

Contractors and

banks early involved

Termination Risk Ramp Up Period Risk Land Fund Risk Government Support Type of Guarantee Tariff

Termination

Risk

Termination Risk Ramp Up Period Risk Land Fund Risk Government Support Type of Guarantee Tariff Adjustment

Ramp Up

Period Risk

Termination Risk Ramp Up Period Risk Land Fund Risk Government Support Type of Guarantee Tariff Adjustment

Land Fund

Risk

Government Support

Type of Guarantee

Risk Land Fund Risk Government Support Type of Guarantee Tariff Adjustment Risk Political Risk Land

Tariff

Adjustment

Risk

Support Type of Guarantee Tariff Adjustment Risk Political Risk Land Acquisition Risk Risks that will

Political

Risk

of Guarantee Tariff Adjustment Risk Political Risk Land Acquisition Risk Risks that will be MPWH‘

Land

Acquisition

Risk

Adjustment Risk Political Risk Land Acquisition Risk Risks that will be MPWH‘ responsibility that should be

Risks that will be MPWH‘ responsibility that should be mitigated

Exposure Risk

The highest risk is Termination Risk

(equal to Project Value)

Indonesia Toll Road Authority, Ministry of Public Works and Housing

risk is Termination Risk (equal to Project Value) Indonesia Toll Road Authority, Ministry of Public Works

Government Support

Guarantee Transaction Structure

Bank (Debt)

( 70% )

Equity ( 30% )

Transaction Structure Bank (Debt) ( 70% ) Equity ( 30% ) Toll Road Company MPWH (via

Toll Road

Company

MPWH

(via ITRA)

User

PPP Agreement

) Toll Road Company MPWH (via ITRA) User PPP Agreement Government & TRC’s responsible Toll Tariff

Government & TRC’s responsible

Toll Tariff

Agreement Government & TRC’s responsible Toll Tariff Recourse Agreement Guarantee Agreement Indonesia
Recourse Agreement
Recourse
Agreement
Guarantee Agreement
Guarantee
Agreement

Indonesia Infrastructure Guarantee Fund

Budgeting

Mechanism

Guarantee Agreement
Guarantee
Agreement

Ministry of

Finance

Mechanism Guarantee Agreement Ministry of Finance MPWH Recourse Payment (based on PMK 260/2010) 1. Guarantee

MPWH Recourse Payment (based on PMK 260/2010)

1. Guarantee Agreement between IIGF and Toll Road Company to guarantee the financial obligation of ITRA MPWH related to the risk allocation;

2. If ITRA MPWH cannot fulfill the obligation, IIGF will pay to the TRC based to the claim;

3. The Mechanism will be arranged in Guarantee Agreement.

Indonesia Toll Road Authority, Ministry of Public Works and Housing

The Mechanism will be arranged in Guarantee Agreement. Indonesia Toll Road Authority, Ministry of Public Works

Government Support

Risk Allocation

Law 13/1980 Law 38/2004 GEN 1 GEN 2 GEN 3 GEN 4 BEFORE 2004 (2004
Law 13/1980
Law 38/2004
GEN 1
GEN 2
GEN 3
GEN 4
BEFORE 2004
(2004 – 2012)
(2012 – 2015)
(2015 – Present)
(Future)
• Project guaranteed by
government through
IIGF
Risks mainly
taken by PT
Jasa Marga
(State Own
Enterprise) and
Private sector
Risks were
• Risks are shared
between
Government and
Private
delivered to
• Land acquisition policy
is based on Law 2/2012
• Optimization
the guarentee
structure
Toll Road
Companies
• Three parties
agreement (ITRA,
TRC, Lender)
(SOE and
Private
• Land acquisition is
responsibilty of
• Certainty of land
acquisition on time
frame, cost, and
institution
• Focus on
regulation of
Minimum
Service
Entities)
Government
• Bridging Finance for
Standards
• Land Revolving
land acquisition by TRC,
Fund and Land
Capping Fund
repaid by government
through LMAN

TYPE OF RISK

ALLOCATION

Government

ALLOCATION Government TRC

TRC

1.

Land Acquisition

2.

Engineering

3.

Construction

4.

O&M

1. Land Acquisition 2. Engineering 3. Construction 4. O&M

TYPE OF RISK

ALLOCATION

Government

TRC

5.

Toll Tariff

5. Toll Tariff

6.

Traffic Volume

6. Traffic Volume

7.

Change of Law

7. Change of Law

8.

Force Majeure

8. Force Majeure

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Volume 7. Change of Law 8. Force Majeure Indonesia Toll Road Authority, Ministry of Public Works

Certainty on Land Acquisition (Law 2/2012)

Land Acquisition

PROJECT INITIATOR

Ministry of Public Works and

Housing

PROJECT INITIATOR Ministry of Public Works and Housing THE USER Toll Road Company LOCATION PERMIT Governor/
THE USER Toll Road Company
THE USER Toll Road Company
THE USER

THE USER

Toll Road Company

Toll Road Company

LOCATION PERMIT

LOCATION PERMIT

Governor/ Head of Local Regional

Governor/ Head of Local Regional

LOCATION PERMIT Governor/ Head of Local Regional
LOCATION PERMIT Governor/ Head of Local Regional

Parties

Involved

IMPLEMENTS AGENCY National Land Agency
IMPLEMENTS AGENCY National Land Agency

IMPLEMENTS AGENCY

National Land Agency

Parties Involved IMPLEMENTS AGENCY National Land Agency Time Frame Substances Working Days Preparation 242

Time Frame

Substances

Working Days

Preparation

242

- 268

Implementation

247

- 251

Handover

 

33

Total

519

- 549

Amount of Compensation

Determined by an Independet Appraiser who obtain a license from Finance Minister and National Land Agency

Indonesia Toll Road Authority, Ministry of Public Works and Housing

license from Finance Minister and National Land Agency Indonesia Toll Road Authority, Ministry of Public Works

Bills and Payments of LMAN 2016

12,26T

LMANS BILLS

Pejagan Pemalang 566.02 Pemalang Batang 510.44 299.77 281.52 Batang Semarang 520.71 294.18 282.65 374.1 366.7
Pejagan Pemalang
566.02
Pemalang Batang
510.44
299.77
281.52
Batang Semarang
520.71
294.18 282.65
374.1
366.7
271.74
Semarang Solo
309.41
Solo Ngawi
70.67
Ngawi Kertosono
185.03
Kertosono Mojokerto
37.08
Mojokerto Surabaya
Gempol Pasuruan
Pasir Koja Soreang
Pandaan Malang
Balikpapan Samarida
Manado Bitung
Cengkareng Batuceper…
Kunciran Serpong
Serpong Cinere
Cinere Jagorawi
Cimanggis Cibitung
48.28
156.71
60.37
181.43
313.57 331.37
9.39
8.90
97.65
364.33 272.41 61.25
865.92
166.35
219.36
1,039.22
341.56 299.75
61.81
155.80
78.39
Cibitung Cilincing
74.46
258.72
Depok Antasari
711.69
208.82
Bekasi Cawang Kp. Melayu
207.00
Bogor Ring Road
796.62
113.02
5.1
504.14
655.59
395.45
Palembang Indralaya
Pekanbaru Kandis Dumai
Medan Kualanamu…
Medan Binjai
29.77
10.70
37.67
209.91
190.94
Phase 1
Phase 2
Phase 3
Phase 4
Phase 5
Phase 6
(in Indonesia Rupiah)

7,60T

PAID BY LMAN

Pejagan Pemalang Pemalang Batang Batang Semarang Semarang Solo Solo Ngawi Ngawi Kertosono Kertosono Mojokerto Mojokerto Surabaya Gempol Pasuruan Pasir Koja Soreang Pandaan Malang

Balikpapan Samarida

Manado Bitung Cengkareng Batuceper Kunciran

Kunciran Serpong Serpong Cinere Cinere Jagorawi Cimanggis Cibitung Cibitung Cilincing Depok Antasari Bekasi Cawang Kp. Melayu Bogor Ring Road Bakauheni Terbanggi Besar Palembang Indralaya Pekanbaru Kandis Dumai Medan Kualanamu Tebing Tinggi Medan Binjai

261.03

 

72.91

149.53

145.17

139.01

165.66

143.29

33.98

 

18.11

36.26

46.69

111.01

71.06

41.15

181.21 311.3

5.28

234.2

99.6

9.39

6.19

91.46

91.92

211.16

61.25

476.96

166.35

276.53

218.78

197.9

93.98

61.82

70.82

74.46

184.27

502.86

200.45

51.47

683.61

78.56

281.29

453.92

433.42

11.41

2.23

26.97

162.57

152.13

78.56 281.29 453.92 433.42 11.41 2.23 26.97 162.57 152.13 Phase 1 Phase 2 Phase 3 Phase

Phase 1

78.56 281.29 453.92 433.42 11.41 2.23 26.97 162.57 152.13 Phase 1 Phase 2 Phase 3 Phase

Phase 2

78.56 281.29 453.92 433.42 11.41 2.23 26.97 162.57 152.13 Phase 1 Phase 2 Phase 3 Phase

Phase 3

78.56 281.29 453.92 433.42 11.41 2.23 26.97 162.57 152.13 Phase 1 Phase 2 Phase 3 Phase

Phase 4

Land Acquisition Fund 2017

12,61T NTP 2017

10,62T

as of 28th August 2017

PAID TO LAND OWNER

Pejagan Pemalang Batang Semarang Solo Ngawi Kertosono Mojokerto Gempol Pasuruan Pandaan Malang Krian Legundi Bunder
Pejagan Pemalang
Batang Semarang
Solo Ngawi
Kertosono Mojokerto
Gempol Pasuruan
Pandaan Malang
Krian Legundi Bunder
Manado Bitung
Cileunyi Sumedang Dawuan
Cengkareng Batuceper Kunciran
Serpong Cinere
Cimanggis Cibitung
Depok Antasari
Bogor Ring Road
Bakauheni Terbanggi Besar
Palembang Indralaya
Medan Kualanamu Tebing Tinggi
131.19
104.56
1,852.49
20.83
75.76
48.82
0.29
-
32.81
3.22
515.66
105.05
-
147.43
248.32
-
-
-
783.65
1,482.57
1,919.59
68.63
1,191.06
141.59
290.89
344.18
307.73
-
1,393.96
958.11
9.27
27.96
166.48
Pejagan Pemalang
Batang Semarang
Solo Ngawi
Kertosono Mojokerto
Gempol Pasuruan
Pandaan Malang
Krian Legundi Bunder
Manado Bitung
Cileunyi Sumedang Dawuan
Cengkareng Batuceper Kunciran
Serpong Cinere
Cimanggis Cibitung
Depok Antasari
Bogor Ring Road
Bakauheni Terbanggi Besar
Palembang Indralaya
Medan Kualanamu Tebing Tinggi
205.28
131.19 103.38 1,829.54 18.41 41.68 48.82 0.29 - 70.24 3.23 376.84 102.34 - 145.26 224.85
131.19
103.38
1,829.54
18.41
41.68
48.82
0.29
-
70.24
3.23
376.84
102.34
-
145.26
224.85
-
-
-
651.45
620.69
1,900.04
34.76
1,178.77
135.57
269.13
241.02
231.47
1,268.12
-
638.07
0.65
25.81
124.14
201.07

(in Indonesia Rupiah)

Toll Road Development

Target (2015- 2019)

Toll Road Development Target (2015- 2019) 1.060 Km Estimation of Total Investment (2015-2019) IDR 167,4 T

1.060 Km

Estimation of Total

Investment (2015-2019)

Toll Road Development Target (2015- 2019) 1.060 Km Estimation of Total Investment (2015-2019) IDR 167,4 T

IDR 167,4 T

Toll Road Plan

2015 - 2019

East

Kalimantan

North

Sumatera

South Lampung West Java Jabodetabek
South
Lampung
West Java
Jabodetabek
North Sumatera South Lampung West Java Jabodetabek North Sulawesi Sumatera East Java Central Java Indonesia

North

Sulawesi

South Lampung West Java Jabodetabek North Sulawesi Sumatera East Java Central Java Indonesia Toll Road

Sumatera

Lampung West Java Jabodetabek North Sulawesi Sumatera East Java Central Java Indonesia Toll Road Authority,

East Java

Central Java

Indonesia Toll Road Authority, Ministry of Public Works and Housing

North Sulawesi Sumatera East Java Central Java Indonesia Toll Road Authority, Ministry of Public Works and

Toll Road Operation Plan

Toll Road Plan

2015 - 2019

1852 Km

1183 Km 669 Km 568 Km 615 Km 176 Km 392 Km 44 Km 2016
1183 Km
669 Km
568 Km
615 Km
176 Km
392 Km
44 Km
2016
2017
2018
Km 568 Km 615 Km 176 Km 392 Km 44 Km 2016 2017 2018 Sept 17

Sept 17

235 km

132 Km

2015

2019

176 Km 392 Km 44 Km 2016 2017 2018 Sept 17 235 km 132 Km 2015

Cumulative Length

176 Km 392 Km 44 Km 2016 2017 2018 Sept 17 235 km 132 Km 2015

Cumulative Length of Realization

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Cumulative Length Cumulative Length of Realization Indonesia Toll Road Authority, Ministry of Public Works and Housing
Status: September 2017
Status: September 2017

National Strategic Project (PSN)

National Strategic Project (PSN)

Concession Agreement (PPJT)

Investment Stage

Preparation 22 Project 2.338 Km 34% 65 Project (4.718 Km) Tender 63% 3% 2 Project
Preparation
22 Project
2.338 Km
34%
65 Project
(4.718 Km)
Tender
63%
3%
2 Project
234 Km
41 Project

2.146 Km

Non PSN Already Operating (120,2 Km):

Sumatera, Sulawesi & Kalimantan Trans Java 11 Project 24% 969 Km 27% 10 Project 564
Sumatera,
Sulawesi &
Kalimantan
Trans Java
11 Project
24%
969 Km
27%
10 Project
564 Km
41 Project
(2.146 Km)
20%
29%
Jabodetabek
12 Project
296 Km
Non Trans Java
8 Project
316 Km
1 Project 14 Km 2% Land Acquisition 17% 7 Project 386 Km 41 Project (2.146
1 Project
14 Km
2%
Land Acquisition
17%
7 Project
386 Km
41 Project
(2.146 Km)
80%

Construction + Land + Partly Operated 33 Project 1.746 Km

Operated

Concession Agreement

Cikampek Palimanan

: 116,7 Km

Kejapanan Gempol

 

: 3,5 Km

 

Non Trans

Sulawesi &

 

Trans Java

Java

Jabodetabek

Kalimantan

Number

Preparation

4 Project

1 Project

17 Project

22 Project

231 Km

17 km

2090 km

2338 km

Tender

1 Project

 

1 Project

2 Project

170

Km

64 Km

234 Km

Concession

10 Project

8 Project

12 Project**

11 Project

41 Project

Agreement

564

km

316 km

297 km

969 km

2.146 km

TOTAL PSN

11 Project

12 Project

14 Project

28 Project

65 Project

734 Km

548 Km

377 Km

3.059 Km

4.718 Km

 

Non Trans

Sulawesi &

 

Trans Java

Java

Jabodetabek

Kalimantan

Number

Land Acquisition

0 Project

2 Project

4 Project

1 Project

7 Project

0 Km

102 km

141 km

143 km

386 km

Construction + Land + Partly Operated

10 Project

5 Project

8 Project

10 Project

33 Project

564 km

200 km

156 km

826 km

1.746 km

Operated

1 Project

1 Project

14 km

14 km

Total

10 Project

8 Project

12 Project

11 Project

41 Project

564 km

316 km

297 km

969 km

2.146 km

** 1 Project including 6 Project DKI Jakarta:

1. Semanan Sunter (20 Km)

2. Sunter Pulo Gebang (10 Km)

3. Dutri Pulo Kampung Melayu (10 Km)

4. Kemayoran Kampung Melayu (10 Km) 5. Ulujami Tanah Abang (9 Km) 6. Pasar minggu Casablanca (9 Km)

SOURCE OF FINANCING

38,8T VGF 12.3% 105,4T 33.4% EQUITY 354T 41 PSN 66.6% 209,9T DEBT
38,8T
VGF
12.3%
105,4T
33.4%
EQUITY
354T
41 PSN
66.6%
209,9T
DEBT

120

100

80

60

40

20

0

Source Of Equity 9,4 16.1 105.4 79.9
Source Of Equity
9,4
16.1
105.4
79.9

Equity

Funding Gap60 40 20 0 Source Of Equity 9,4 16.1 105.4 79.9 Equity Government Injection Shareholder Equity

Government InjectionSource Of Equity 9,4 16.1 105.4 79.9 Equity Funding Gap Shareholder Equity Source Of Debt 250.0

Shareholder Equity16.1 105.4 79.9 Equity Funding Gap Government Injection Source Of Debt 250.0 200.0 87,1 150.0 209.9

Source Of Debt 250.0 200.0 87,1 150.0 209.9 100.0 72.7 50.0 1.06 49.05 - Debt
Source Of Debt
250.0
200.0
87,1
150.0
209.9
100.0
72.7
50.0
1.06
49.05
-
Debt
Funding Gap
CPF
Syariah
Conventional

Financing Needs

(Toll Roads On Progress)

BANK SYNDICATION

1,1T BANK MUAMALAT 4,8T BANK JATENG 2% 13,7T 10% 2,7T BNI SMI 29% 6% 1,1T
1,1T
BANK MUAMALAT
4,8T
BANK JATENG
2%
13,7T
10%
2,7T
BNI
SMI
29%
6%
1,1T
2%
BCA
47,7T
31%
14,6T
20%
9,7T
MANDIRI
BRI

Source Of Conventional

60

50

40

30

20

10

0

Funding 43.9 49.05 5.15
Funding
43.9
49.05
5.15
Conventional Perbankan Bank
Conventional
Perbankan Bank
10 0 Funding 43.9 49.05 5.15 Conventional Perbankan Bank Government Support (Partly Constructed by Government) 45.0
Government Support (Partly Constructed by Government) 45.0 40.0 35.0 7,6 30.0 8.4 25.0 20.0 38.8
Government Support
(Partly Constructed by Government)
45.0
40.0
35.0
7,6
30.0
8.4
25.0
20.0
38.8
15.0
19.3
10.0
5.0
3.6
0.0

VGF

Funding Funding Gap Gap

Support Support Other from Toll Other Road Toll Road

Support Support Other from Toll Other Road Toll Road

China Loan

Loan China

National Budget

APBN - PUPR

Trans Sumatera Toll Road

on Progress Length Total Section Concession : 16,72 km : 3 sections : 40 yr
on Progress
Length
Total Section
Concession
: 16,72 km
: 3 sections
: 40 yr
Tariff (Gol. I)
: Rp 750/km (2017 yr)
Initial Traffic Volume
Investment Cost
: 15.027 Vhc/day (2017 yr)
: Rp. 1,604 Tn
Construction Progress : 53,38% (6 June ‘17)
Project Kuala Tanjung-Tb. Tinggi-
Parapat (143 km)
Project Pekanbaru –Dumai (131 km)
Length
Total sections
Concession
Tariff (Gol. I)
Initial Traffic Volume
Investment Cost
: 143.25 km
: 6 sections
: 40 yr
: Rp 1000/km (2020 yr)
: 7,866 Vhc/day (2020 yr)
: Rp. 13.45 Tn
Length
Total IC
Concession
Tariff (Gol. I)
Initial Traffic Volume
Investment Cost
: 131,475 km
: 5 IC
: 40 yr
: Rp 900/km (2020 yr)
: 6.948 Vhc/day (2020 yr)
: Rp. 16,210 Tn
Construction Progress : 0,63 % (6 June ‘17)
Project Palembang – Simpang Indralaya (22 km)
Project Pekanbaru-Padang (255 km)
Length
: 22 km
Length
Total sections
Concession
Initial Traffic Volume
Investment Cost
: 255.8 km
: 5 sections
: 40 yr
: 12,331 Vhc/day (2020 yr)
: Rp. 65.113 Tn
Total Section
: 3 sections
Concession
Tariff (Gol. I)
Initial Traffic Volume
Investment Cost
: 40 yr
: Rp 750/km (2017 yr)
: 20.931 Vhc/day (2017 yr)
: Rp. 3,301 Tn
Construction Progress : 54,81 % (6 June ‘17)
Project Terbanggi Besar – Pematang Panggang –
Kayuagung (185 km)
Project Bakauheni – Terbanggi Besar (140 km)
Length
Total IC
: 140,938 km
: 9 IC
Concession
: 40 yr
Tariff (Gol. I)
Initial Traffic Volume
Investment Cost
: Rp 800/km (2018 yr)
: 16.097 Vhc/day (2018 yr)
: Rp. 16,795 Tn
Construction Progress : 35,49 % (6 June ‘17)
Length
Speed Design
Total Lane
Total IC
Concession
Tariff (Gol. I)
Initial Traffic Volume
Investment Cost
Finishing Target
: 185 km
: 100 km/jam
: 2 x 2 Lane (Initial stage)
: 5 IC
: 40 yr
: Rp 900/km (2019 yr)
: 6.419 Vhc/day (2019 yr)
: Rp. 21,950 Tn
: June 2018

Project Medan Binjai (17 km)

Priority Segment to be Developed

 

Project Tol

Panjang

 

(km)

 

Medan Binjai

17

Perpres 100/2014

Palembang

22

Indralaya

Bakauheni T Besar

140

8 Priority Segments (Operation Target by End of 2019)

Pekanbaru Dumai

131

Terbanggi Besar Pematang Panggang.

100

Perpres 117/2015

Pematang Panggang Kayu Agung

85

 

Palembang Tanjung Api Api

90

Kisaran Tebing Tinggi

60

 

Sub Total

645

 

MPUPR 2016

Additional

Medan Banda Aceh

470

Priority

Padang Pekanbaru

240

Segment

Tebing Tinggi Prapat

98

 

Sub Total

808

 

Betung - Jambi

191

 

TOTAL

1.644

FINANCING FOR 8 PRIORITY SEGMENTS  Investment Cost (Excluded VGF) : Rp. 73,9 Trillion 
FINANCING FOR 8 PRIORITY SEGMENTS
 Investment Cost (Excluded VGF)
: Rp. 73,9 Trillion
 Equity Portion
: Rp. 44,2 Trillion
 Source of funds:
 Gov Injection 2015-2016
: Rp.
5,6 Trillion
 Contractor Turn Key
: Rp.
7,0 Trillion
 Current Bond *)
: Rp.
6,5 Trillion
 Rev. Tj Priok Access
: Rp.
4,0 Trilion
 Sub-Total
: Rp. 23,1 Trillion
: Rp. 21,1 Trillion
 Debt Portion
 Financial Institution *)
: Rp. 29,7 Trillion
: Rp. 29,7 Trillion

Remarks :

*) Bond and Debt Portion are guaranteed by Government of Indonesia

Priority Segment to be Developed

   

Description

Length

Investment Cost

Equity

Available Equity

DEBT

Equity Source

Support Necesity

(km)

KM

Rp B

   

Medan Binjai

17

17

2,742

1,014

1,014

1,728

Gov Injection 2015

 

Perpres 100/2014

Palembang Indralaya

22

22

3,301

2,311

2,311

990

Gov Injection 2016

Already Financed

Bakauheni T Besar

140

140

16,795

8,728

8,728

8,067

Gov Injection 2015-2016 & Bonds

8 Priority Segments (Operation Target by End of 2019)

 

Pekanbaru Dumai

131

131

16,210

11,347

4,000

4,863

Revenue Tj Priok Access

Direct Lending for Equity

Perpres 117/2015

Terbanggi Besar Pematang Panggang.

100

           

Soft Loan for refinancing to PT Waskita Karya

 

Pematang Panggang Kayu Agung

85

105

13,574

7,044

7,044

6,530

Contractor Turn Key

Palembang Tanjung Api Api

90

90

14,289

11,431

 

2,858

(not available yet)

Direct Lending for Equity

Kisaran Tebing Tinggi

60

60

2,307

6,991

 

4,684

(not available yet)

Direct Lending for Equity

   

Sub Total

645

565

73,902

44,182

23,097

29,720

                   

Soft Loan for VGF portion

Medan Banda Aceh

470

470

70,120

(not available yet)

(not available yet)

(50km)

MPUPR 2016

Direct Lending for Equity

Additional Priority

               

Soft Loan for VGF portion Direct Lending for Equity

Segment

Padang Pekanbaru

250

240

65,000

(not available yet)

(not available yet)

                 

Soft Loan for VGF Portion

Tebing Tinggi Prapat

98

93

7,974

(not available yet)

(not available yet)

(Banda Aceh Sigli,

70km)

   

Sub Total

808

758

143,094

 

Betung - Jambi

191

191

28,650

(not available yet)

(not available yet)

Direct Lending for Equity

 

TOTAL

1,654

1,514

245,646

Need Viability Gap Fund (VGF) for Kuala Tanjung-Tebing Tinggi-Parapat about 50 km, Cost Estimation IDR 7.5 T

Trans Sumatera Toll Road

No

LINK

(KM)

FIRR %

1

Medan-Binjai

17

11.15

2

Palembang-Sp Indralaya

22

11.00

3

Bakauheni-Terbanggi Besar

140

11.80

4

Pekanbaru-Dumai

131

11.20

5

Palembang - Tanjung Api-api

90

3.80

6

Kisaran-Tebing Tinggi

60

11.70

7

Terbanggi Besar-Pematang Panggang

100

9.36

8

Pematang Panggang-Kayu Agung

85

9.36

9

Dumai-Sp. Sigambal-Rantau Prapat

175

7.11

10

Rantau Prapat-Kisaran

100

8.73

11

Bukit Tinggi-Padang

55

6.22

12

Batu Ampar-Bandara Hang Nadim

25

10.83

13

Jambi-Rengat

190

7.40

14

Rengat-Pekanbaru

175

7.30

15

Betung (Sp Sekayu)-Tempino-Jambi

191

7.34

16

Pekanbaru-Bukit Tinggi

185

6.61

17

Sp Indralaya-Muara Enim

88

9.21

18

Tebing Tinggi-Sibolga

200

9.61

19

Sigli-Banda Aceh

75

9.53

20

Lubuk Linggau-Curup-Bengkulu

95

9.14

21

Muara Enim-Lahat-Lubuk Linggau

125

8.98

22

Binjai-Langsa

110

9.50

23

Langsa-Lhokseumawe

135

8.51

24

Lhokseumawe-Sigli

135

8.09

TOTAL

2,704

 

Padang-Pekanbaru 250 km, some section possible to be financed by

JICA Loan especially on tunnel section (± 7 km) & access road

Review several financing for :

Aceh-Sigli (75 km)

Palembang-Tanjung Api-api (90 km)

Pekanbaru-Dumai (131 km)
Indrapura-Kisaran ( 48 Km)

Pekanbaru-Dumai (131 km)  Indrapura-Kisaran ( 48 Km) Financing Scheme : 1. ODA and/or Subsidy Loan

Financing Scheme :

1. ODA and/or Subsidy Loan Agreement to HK (two step loan)

for VGF and complex structure (tunnel section) 2. Direct Lending to HK 3. Japanese investor create joint venture with HK

Trans Sumatera Toll Road Concession Scheme

State Guarantee Model

(Indonesia Case)

PT HUTAMA KARYA 100% 100% 100% 100% Additional Model 1 Model 2 Model 3 Model
PT HUTAMA KARYA
100%
100%
100%
100%
Additional
Model 1
Model 2
Model 3
Model 4
Model 5
Turnkey/
Construction
Assignment
To PT WK
Joint
Availability
Mod.
Padang-
Contract
Venture
Payment
Turnkey
Pekanbaru
Medan-Aceh
Medan-Binjai
Terbanggi Besar-
Kayuagung
40%
30%
30%
HK
JM
WTR
Palembang-
Indralaya
Pekanbaru-Dumai
Kualatanjung-
Parapat
Bakauheni-
Terbanggi Besar

Indonesia Toll Road Authority, Ministry of Public Works and Housing

Kualatanjung- Parapat Bakauheni- Terbanggi Besar Indonesia Toll Road Authority, Ministry of Public Works and Housing

Characteristic of

Future Toll Road Project

2. Marginal feasibility for next project, 1. Land will be Acquisition as important factor tendered
2. Marginal
feasibility for
next project,
1. Land
will be
Acquisition as
important factor
tendered in
next 1-2 year
(low traffic
volume)
3. Cash deficiency on initial period of
operation (mismatch financing)

4. Huge investment cost meanwhile domestic financing

capacity is limited

Domestic investor project :

a. Jasa Marga: 719 km

b. Waskita Karya: 236 km

c. CMNP: 90 km

d. Astra Group: 37 km

e. Hutama Karya : 618 km

f. Others (Wijaya Karya, BSD, Group Kompas-

Gramedia, Jakarta Propertindo) : 151 km

Almost all of their capacity is used (ability to get financing from bank is limited by legal lending limit)

Necessity :
Necessity :

1. Preparation project document that are more bankable

2. Bigger Government Support

3. New project scheme to attract investor

4. Alternative source of financing (pension fund, securitization, etc.)

Indonesia Toll Road Authority, Ministry of Public Works and Housing

of financing (pension fund, securitization, etc.) Indonesia Toll Road Authority, Ministry of Public Works and Housing

Upcoming Project

BANDA ACEH MEDAN MENADO PEKANBARU PONTIANAK MANOKWARI SAMARINDA SORONG PALU BALIKPAPAN PADANG JAMBI JAYAPURA
BANDA ACEH
MEDAN
MENADO
PEKANBARU
PONTIANAK
MANOKWARI
SAMARINDA
SORONG
PALU
BALIKPAPAN
PADANG
JAMBI
JAYAPURA
MAMUJU
PANGKAL PINANG
PALANGKARAYA
PALEMBANG
AMBON
BANJARMASIN
KENDARI
WAMENA
BENGKULU
BANDAR LAMPUNG
UJUNGPANDANG
3
SEMARANG
JAKARTA
4
1 SURABAYA
6 8
5
BANDUNG
7
KENDARI
2
MATARAM
MERAUKE
YOGYAKARTA
DENPASAR
KUPANG
Link Number
1
2
3
4
5
6
7
8
Serang-Panimbang
Semarang-
Probolinggo-
Jembatan
Cileunyi-Tasik-
Cilacap-Jogja-
Jogja-
Link Name
(Segment Cileles-
Demak
Banyuwangi
Jakarta Cikampek 2
Selatan*
Cilacap*)
Solo*)
Bawen
Suramadu
Panimbang)
Length (km)
25,25
172,91
33
64
5,40
183
237
71,56
Investment Cost
7,71
21
5,2
17.77
NA
35,03
45,37
12,13
(IDR Trillion)
Land Cost (IDR Trillion)
-
-
-
3.07
NA
0,59
0,77
-
Construction Cost
5,17
14,67
3,5
7.76
NA
20,95
27,14
-
(IDR Trillion)
Scheme
BOT
BOT
AP
BOT
OMT
BOT
BOT
BOT
Tender Process
Pre-qualification
(Request for
(Evaluation,
Tender
Proposal,
Unsolicited
Unsolicited
Status
Pre-qualification
shortlist
Tender Preparation
Unsolicited Project
*) unsolicited project
proposal
Project
project
Preparation
Indonesia Toll Road Authority, Ministry of Public Works and Housing
submission enf
announcement end
of Sept 17 )
of Aug 17)

Lesson Learned

Collaborative toll road PPP

Mutual effort to achieve target

Creative and adaptable scheme :

- Land Acquisition fund

- Contractor pre-financing

- Cross subsidy

- Utilization of existing assets including securitization, etc

Closing Statement

Commitment using PPP Scheme

Solid Regulations framework to support implementation of Toll Road PPP

Bankable PPP structure to attract private sectors and financing institutions

Necessity to create toll road development plan

Indonesia Toll Road Authority, Ministry of Public Works and Housing

 Necessity to create toll road development plan Indonesia Toll Road Authority, Ministry of Public Works

LET’S INVEST !

INVESTMENT DIVISION Indonesia Toll Road Authority Ministry of Public Works and Housing

Bina Marga building, 3 rd floor Pattimura 20 Kebayoran Baru-South Jakarta 12110 Ph (021) 7258063/ 7257067 Fax (021) 7257126/ 7254415 investasi.bpjt@gmail.com

THANK YOU

THANK YOU Indonesia Toll Road Authority Ministry of Public Works and Housing

Indonesia Toll Road Authority Ministry of Public Works and Housing

SAMARINDA BONTANG ROAD

LOCATION: East Kalimantan

SAMARINDA – BONTANG ROAD LOCATION: East Kalimantan Description : The development of road infrastructure is an

Description :

The development of road infrastructure is an absolute necessity for the development of transportation, improvement of the economy and regional development in East Kalimantan. In an effort to the fulfill of infrastructure the road, and through taking into account the limited time the government of East Kalimantan on one side and see any chance private investment on the other side, the government of East Kalimantan makes policies to draw private investors into the field of a

motorway/toll by involving the private sector is

expected to the acceleration of providing infrastructure for the increase in community welfare can be achieved.

Business Opportunity:

Transaction adviser/bidder/financier

Project Status:

Under Preparation

Estimated Project Cost

: Under Calculation

Financial Feasibility:

IRR

: Under Calculation

NPV

: Under Calculation

Indicative Government Support & Guarantee:

Government Support and government guarantee will be determined in Final Business Case Study.

Implementation Schedule (ETA):

1. Preparation

: 2017 - 2018

2. Larap, Land Acquisition & Tender for SPC

: 2018 - 2019

3. Construction

: 2018 - 2019

4. Operation

: 2020

YOGYAKARTA SOLO TOLL ROAD

LOCATION: Yogyakarta - Central Java

LOCATION MAP
LOCATION MAP

Description :

Jogja Solo Toll Road will cross Sleman District in Yogyakarta and 3 districts in East Jawa; Surakarta District, Sukoharjo District and Klaten District. Sleman is well-developing district especially in trading. The other three district have own

potential resources which will attract economic

growth around East Java. This toll road is approximately 400 km in length.

Business Opportunity:

Transaction adviser/bidder/financier

Project Status:

In the OBC facilitation phase by KPPIP

Estimated Project Cost

: Under Calculation

Financial Feasibility:

FIRR

: Under Calculation

NPV

: Under Calculation

Indicative Government Support & Guarantee:

Government Support and government guarantee will be determined in Final Business Case Study.

Implementation Schedule (ETA):

1. Preparation

: N/A

2. Larap, Land Acquisition & Tender for SPC

: N/A

3. Construction

: N/A

4. Operation

: N/A

YOGYAKARTA BAWEN TOLL ROAD

LOCATION: Yogyakarta - Central Java

LOCATION MAP
LOCATION MAP

Description

:

This toll road is 71,56 km toll road will be

divided into three section:

1. Section 1, Bawen to Secang (STA 0+000 to STA 22+200) including Bawen Junction and Secang Junction;

2. Section 2, Secang to Borobudur (STA 22+200 to STA 53+500) without junction;

3. Section 3, Yogyakarta to Borobudur (STA 53+500 to STA 71+393.852)

including Borobudur Junction.

Business Opportunity:

Transaction adviser/bidder/financier

Project Status:

Preparation of OBC

Estimated Project Cost

: USD 270.0 million

Financial Feasibility:

FIRR

: 14%

NPV

: Under Calculation

Indicative Government Support & Guarantee:

Government Support and government guarantee will be determined in Final

Business Case Study.

Implementation Schedule (ETA):

1. Preparation

: 2007 - 2018

2. Larap, Land Acquisition & Tender for SPC

: 2018

3. Construction

: 2018 - 2019

4. Operation

: 2020

Terbanggi Besar Pematang Panggang Kayu Agung

Terbanggi Besar – Pematang Panggang Seksi-3 85,00 km STA. 100+000 – STA. 185+600 Seksi-1 45,00
Terbanggi Besar – Pematang Panggang
Seksi-3 85,00 km
STA. 100+000 – STA. 185+600
Seksi-1 45,00 km
Seksi-2 55,00 km
STA. 0+000 – STA. 45+000
STA. 45+000 – STA. 100+000
Penetapan Lokasi 74 km
Pematang Panggang – Kayu Agung
Technical Data:
Lenght
Speed Design
Total Lane
stage)
Total IC
Consession
Tarrif (Gol. I)
: 185 km
: 100 km/jam
: 2 x 2 Lane (Initial
: 5 IC
: 40 yr
: Rp 900/km (2019 yr)
:

Initial Traffic Volume 6.419 Vhc/day (2019 yr) Investment Cost : Rp. 21,950 Tn

yr) : Initial Traffic Volume 6.419 Vhc/day (2019 yr) Investment Cost : Rp. 21,950 Tn Finishing

Finishing Target : June 2018

Kisaran Tebing Tinggi

Technical Data: : 68,9 km : 100 km/jam : 2 x 2 Lane (Initial
Technical Data:
: 68,9 km
: 100 km/jam
: 2 x 2 Lane (Initial

Lenght Speed Design Total Lane stage) Total IC Consession Tarrif (Gol. I)

Initial Traffic Volume Investment Cost : Rp. 13,454 Tn (Estimate)

: 4 IC : 40 yr : -

: -

Finishing Target : Des 2019

Palembang Tj Api Api

End Point Start Point
End Point
Start Point

Technical Data:

Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol. I)

Initial Traffic Volume

: - Investment Cost : Rp. 14,289 Tn (Estimate) Finishing Target : Des 2019

: 70 km : 100 km/jam : 2 x 2 Lane (Initial stage) : 4 IC : 40 yr : -

Medan Banda Aceh

Medan – Banda Aceh Technical Data: Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol.

Technical Data:

Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol. I)

Initial Traffic Volume

: - Investment Cost : Rp. 70,12 Tn (Estimate) Finishing Target : Des 2025

: 2 x 2 Lane (Initial stage) : 23 IC : 40 yr : -

: 470 km : 100 km/jam

Padang Pekanbaru

Padang – Pekanbaru Technical Data: Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol. I)

Technical Data:

Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol. I)

Initial Traffic Volume

: - Investment Cost : Rp. 65 Tn (Estimate) Finishing Target : Des 2024

: 240 km : 60 - 100 km/jam

: 2 x 2 Lane (Initial stage) : 9 IC : 40 yr : -

Kuala Tanjung Tebing Tinggi Parapat

Kuala Tanjung – Tebing Tinggi – Parapat Technical Data: Lenght Speed Design Total Lane Total IC

Technical Data:

Lenght Speed Design Total Lane Total IC Consession Tarrif (Gol. I)

Initial Traffic Volume

: - Investment Cost : Rp. 8,2 Tn (Estimate) Finishing Target : Des 2022

: 98,50 km : 100 km/jam

: 2 x 2 Lane (Initial stage) : 6 IC : 40 yr : -

Trans Java Toll Road

Progress of

Toll Road Projects

INFORMATION :

Total Length

:

498,23 km

Total Investment Total Land Cost Total Construction Cost

:

:

IDR 47,09 T

IDR 5,24 T IDR 26,2 T

:

1 2 3 4 8 5 7 6
1
2
3
4
8
5
7
6

Link Number

1

2

3

4

 

5

 

6

7

8

Link Name

Pejagan -

Pemalang - Batang

Batang-Semarang

Semarang - Solo

 

Solo - Ngawi

Ngawi - Kertosono

Mojokerto-Jombang-

Mojokerto - Surabaya

Pemalang

Kertosono

Toll Road Company

PT Pejagan Pemalang Tol Road

PT Pemalang Batang Tol Road

PT Jasamarga

PT Transmarga

PT Solo Ngawi Jaya

PT Ngawi Kertosono Jaya

PT Marga Harjaya Infrastruktur

PT Marga Nujayasumo Agung

Semarang Batang

Jateng

Length (km)/ Total of section

57,50/4

39,20/2

75,00/5

72,64/5

 

90,10/4

 

87,02/4

40,50/4

36,27/5

Investment (IDR Trillion)

6,84

4,08

11,05

7,52

 

5,14

 

3,83

3,48

4,98

Land Cost (IDR Trillion) /Progress

1,276/99,87%

1,406/99,86%

0,584/93,94%

0,927/99,39%

 

-/88,13%

 

-/99,36%

0,485/100%

0,557/100%

Construction Cost

               

(IDR Trillion)

3,39

2,27

7,66

3,11**)

 

3,20

 

2,36

2,38

1,83

Target Operates

2017

2018

2018

2018

 

2017

 

2018

2017

2017

 

77,73%

   

71,05%

Total

Gov

TRC

Total

Gov

TRC

94,19% (Bandar-

Jombang Section)

90,01%

(Section IA & IV)

Construction Progress

51,71%

34,57%

(Semarang-Bawen

           

(Section I &III)

Section)

74,88%

98,21%

71,05%

43,14%

9,70

69,83%

Indonesia Toll Road Authority, Ministry of Public Works and Housing

74,88% 98,21% 71,05% 43,14% 9,70 69,83% Indonesia Toll Road Authority, Ministry of Public Works and Housing

Jabodetabek Toll Road

Progress of

Toll Road Projects

MERAK

RAWA BUAYA 1
RAWA
BUAYA
1

TJ. PRIOK ACCESS

- TANGERANG

6 LINKS OF DKI JAKARTA TOLL ROAD

 
   

Investment

Number

Link

Length (Km)

(IDR Billion)

1

Semanan - Sunter

20,23

11.060

2

Sunter Pulo Gebang

9,44

4.918

3

DuriPulo Kampung Melayu

12,65

8.167

4

Kemayoran Kampung Melayu

9,60

4.934

5

Ulujami Tanah Abang

8,70

6.114

6

Pasar Minggu Casablanca

9,16

5.981

TOTAL

69,77

41.174

INFORMATION :

Total Length

:

263 Km

Total Investment

: IDR 82,13 T

Total Land Cost Total Construction Cost

: IDR 14,69 T : IDR 39,42 T

TOLL ROAD 1 6 3 4 TELUK NAGA - SEDYATMO 2 TANAH ABANG 5 ULUJAMI
TOLL ROAD
1
6
3
4
TELUK NAGA - SEDYATMO
2
TANAH
ABANG
5
ULUJAMI
KP. MELAYU
6 8
KUNCIRAN
2
TMII
PASAR
- SERPONG
MINGGU
TOLL ROAD
11
10
3
SERPONG
- CINERE
TOLL ROAD
4
5
CINERE
CIMANGGIS
- JAGORAWI
- CIBITUNG
TOLL ROAD
TOLL ROAD
ANTASARI
7
- DEPOK
TOLL ROAD
BOGOR
RING ROAD
9
PULO GEBANG JAKARTA - CIKAMPEK
PULO
GEBANG
JAKARTA
- CIKAMPEK

CIBITUNG - CILINCING

TOLL ROAD

Link Number

1

2

3

4

5

6

7

8

9

10

11

Link Name

Cengkareng Batu Ceper Kunciran

Kunciran

Serpong

Cinere Jagorawi

Cimanggis

Cibitung

Depok

Bekasi Cawang Kp. Melayu

Bogor Ring Road

6 ProjectTol

Serpong-

Serpong

Cinere

Cibitung

Cilincing

Antasari

DKI Jakarta

Balaraja

Toll Road Company

PT Marga

Kunciran

PT Marga

Trans

PT Serpong

Cinere Jaya

PT Translingkar

Kita Jaya

PT Cimanggis

Cibitung Tollways

PT MTD CTP Expressway

PT Citra

Waspphutowa

PT Kresna

Kusuma Dyandra

PT Marga Sarana Jabar

PT Jakarta Toll Road Development

PT Trnas Bumi Serbaraja

Cengkareng

Nusantara

Marga

Length (km)/Total of Section

14,19/4

11,19/2

10,14/2

14,64/3

25,39/4

34,02/4

21,54/5

21,04/2

11,00/3

69,77/6

30/3

Investment (IDR

5.009

3.486

2.219

3.211

4.524

4.22

2.999

7.200

2.049

41.174

6,04

Trillion)

Land Cost (IDR Trillion) /Progres

1,219/

 

0,712/

0,930/

1,314/

0,288/

0,769/

0,449**/

0,983/

5,28/

1,75/81%

25,26%

0,989/60,16%

80,72%

66,21%

21,65%

29,17%

41,96%

68,87%

99,55%

0%

(Seksi I)

Construction Cost