In a bid to boost post-COVID recovery, the Indonesia government will offer six toll road public private partnerships (PPP) projects with a combined value of IDR 80.5 trillion (USD 5.3 billion) to investors this year. The projects comprise five private toll road projects and an IDR 8.7 trillion (USD 591 million) government project to build highway bridges connecting Batam Island with the nearby islands of Tanjung Sauh, Buau and Bintan in Riau Islands province.
The Indonesian Public Works Ministry will release the documents relating to auctioning for the six new infrastructure projects in the third and fourth quarters of 2020. These projects are part of the 2020-2024 National Medium-Term Development Plan (RPJMN) and are set to incorporate within an ecosystem of large national strategic infrastructure projects, such as Patimban Deep Sea port, Indonesia’s future export hub.
The toll road projects are part of a government plan for 41 projects to modernize the Indonesian infrastructure, attract foreign investors, enhance the country’s logistics capabilities and support its export-driven industries. They are now considered as crucial initiatives to support Indonesia’s post-COVID economic recovery.
(Source: Jakarta Post)