Five Toll Roads Ready to be Put to Tender

Wandrik Panca Adiguna
Wandrik Panca Adiguna - Bisnis.com 30 Desember 2010  |  04:22 WIB

JAKARTA: The Ministry of Public Works will put to tender five toll roads under public-private partnership (PPP), with the total investment reaching IDR18.35 trillion.

Four of the toll roads will be put to tender in 2011. The five toll roads are the 60 kilometer-long Medan-Kualanamu-Tebingtinggi toll road (IDR4.93 trillion), the 37.21 km-long Pandaan-Malang tol road (IDR2.5 trillion), the 58.5 km-long Cileunyi-Sumedang- Dawuan (Cisumdawu) toll road (IDR4.3 trillion), the 15 km-long Pasirkoja-Soreang toll road (IDR1.02 trillion), and the 46 kilometer-long Manado-Bitung toll road (IDR5.6 trillion). Minister of Public Works Djoko Kirmanto said four of the toll roads had complied with the standard, but they still required support from the government. In the meantime, the Manado-Bitung toll road had not complied with the standard set by the feasibility study. "Therefore, we will review again the economic feasibility of the internal rate of return of the Manado-Bitung toll road," he said yesterday. He added the five toll roads were part of 30 toll roads included in the blueprint drafted by the National Development Planning Agency Bappenas. "The five toll roads have become government programs and have been deliberated together with the Bappenas. We will put four of them to tender in 2011." Head of the Toll Road Regulatory Agency (BPJT) Ahmad Ghani Gazali said of the five toll road projects, the Medan- Kualanamu-Tebingtinggi toll road had been ready to be put to tender in early 2011. He continued the agency was still drafting the financing scheme and investment need, including land acquisition for the Pandaan-Malang, Cisumdawu, and Pasirkoja-Soreang toll roads. "In the meantime, the Medan-Kualanumu-Tebingtinggi toll road has been ready to be put to tender." He said a toll road project was considered feasible to be put to tender if the economic feasibility and IRR met a minimum standard of 20% and 16%, respectively. In the meantime, of 24 toll roads evaluated, all were considered to have sufficient capital since they got supports from the government, especially in the land acquisition process. "All of the 24 toll roads are feasible, thanks to the government support for land acquisition."Meanwhile, Director General of Highway Construction and Maintenance Djoko Muljanto exposed the government this year had build 52-kilometer long toll roads, making Indonesia currently have 741-kilometer long toll roads. (06/wiw)

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