{
    "success": true,
    "data": {
        "id": 1182827,
        "msgid": "jasa-marga-asks-for-bigger-toll-fee-share-1447893297",
        "date": "1995-11-23 00:00:00",
        "title": "Jasa Marga asks for bigger toll fee share",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Jasa Marga asks for bigger toll fee share JAKARTA (JP): PT Jasa Marga asked yesterday for a fairer share of profits gained from the city toll roads it jointly operates with PT Citra Marga Nusaphala Persada, a unit of the Citra Lamtorogung group. \"Citra Marga should not use the size of investments as the only yardstick for determining the profit-sharing ratio made on city toll roads,\" Jasa Marga's spokesman Yunial Harun said as reported by Antara yesterday.",
        "content": "<p>Jasa Marga asks for bigger toll fee share<\/p>\n<p>JAKARTA (JP): PT Jasa Marga asked yesterday for a fairer share<br>\nof profits gained from the city toll roads it jointly operates<br>\nwith PT Citra Marga Nusaphala Persada, a unit of the Citra<br>\nLamtorogung group.<\/p>\n<p>\"Citra Marga should not use the size of investments as the<br>\nonly yardstick for determining the profit-sharing ratio made on<br>\ncity toll roads,\" Jasa Marga's spokesman Yunial Harun said as<br>\nreported by Antara yesterday.<\/p>\n<p>Jasa Marga is the state-owned developer and operator of all<br>\ntoll road and bridges. Private investors in toll roads are<br>\nrequired to set up joint ventures with Jasa Marga.<\/p>\n<p>Ratio<\/p>\n<p>Harun added that the number of automobiles using toll roads<br>\nshould also be considered in fixing the profit-sharing ratio.<\/p>\n<p>The present profit-sharing ratio for toll roads in Jakarta is<br>\n75 percent for PT Citra Marga and 25 percent for Jasa Marga.<\/p>\n<p>Supporting his argument, Harun cited the Grogol-Cawang-Tanjung<br>\nPriok-Pluit toll road as an example.<\/p>\n<p>He admitted that the costs of the Cawang-Tanjung Priok and<br>\nTanjung Priok-Pluit sections, which were built by PT Citra Marga<br>\nwere bigger than those of the Pluit-Grogol and Grogol-Pluit<br>\nsections, which were constructed by Jasa Marga.<\/p>\n<p>\"Nevertheless, the traffic volume on the sections built by<br>\nJasa Marga are often much higher than those on the sections built<br>\nby Citra Marga,\" he pointed out.<\/p>\n<p>Therefore, he argued, the profit-sharing ratio for the toll<br>\nroad should not be based largely on the size of investments in<br>\nparticular sections but also on the number of cars passing<br>\nthrough the sections. (vin)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jasa-marga-asks-for-bigger-toll-fee-share-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}