Delays look likely for Indonesia’s massive toll-road development programme. Funding shortages for the necessary land acquisitions will hold back commencement of highway construction activity. In all over US$18.1 billion has been set aside by the Public Works and Public Housing Ministry for the necessary land purchases. But this sum is insufficient for the massive land areas required. The ambitious programme of works has called for the construction of 1,000km of tolled highways by 2019. Additional funding will be required for the programme to move forward.
Indonesian tolled highway projects face delays
Delays look likely for Indonesia’s massive toll-road development programme. Funding shortages for the necessary land acquisitions will hold back commencement of highway construction activity. In all over US$18.1 billion has been set aside by the Public Works and Public Housing Ministry for the necessary land purchases. But this sum is insufficient for the massive land areas required. The ambitious programme of works has called for the construction of 1,000km of tolled highways by 2019. Additional funding wi
Finance & Funding / February 15, 2016