Work on Indonesia’s new 116km Palimanan-Cikampek highway is now commencing. The work is being managed by Malaysian firm Plus Expressways (Plus) and is the company’s first Indonesian highway projecs. The tolled highway project is costing US$1.39 billion and will take 30 months to complete. This is a build-operate-transfer project and the actual construction is being carried out by Lintas Marga Sedaya (LMS), which is 45% owned by Baskhara Utama Sedaya and 55% owned by Plus.
Indonesia's new tolled link
Work on Indonesia's new 116km Palimanan-Cikampek highway is now commencing. The work is being managed by Malaysian firm PLUS Expressways (PLUS) and is the company's first Indonesian highway projects.
Highway & Network Management / April 26, 2012