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Waskita to acquire 2 toll roads projects

JAKARTA: PT Waskita Karya is eyeing an acquisition over two projects of PT Jasa Marga, i.e. JORR W2 toll road in Jakarta and Semarang-Bawen toll road in East Java.President Director of PT Waskita Karya M. Choliq said the company has joined in a bid for

JAKARTA: PT Waskita Karya is eyeing an acquisition over two projects of PT Jasa Marga, i.e. JORR W2 toll road in Jakarta and Semarang-Bawen toll road in East Java.President Director of PT Waskita Karya M. Choliq said the company has joined in a bid for constructing the 7.7km JORR W2 toll road with IDR1.8 trillion investment. The auction is still in process for selecting the winner of the bid.We are still waiting for the final decision and we have no idea when the winner will be announced, said Choliq, last week.Besides, targeting JORR W2, Waskita Karya within next 6 months will begin the construction of the 22km Semarang Bawean toll road, part of Semarang-Solo toll road which is 75.7 kmin length. (T03/NOM)

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