Wed, 15 Jan 1997

Investama to build two toll roads in West Java

JAKARTA (JP): PT Investama Kusuma Artha, a subsidiary of Drassindo Group has won the government's tender to build and operate a new toll road connecting Jatiasih in Bekasi and Karawang, West Java, a source said yesterday.

The source told The Jakarta Post that the ministry of public works had apparently approved the company's proposal to develop the toll road project.

"The ministry of public works has seemingly approved the company's proposal," the source said.

The source, however, did not disclose the amount of investment for the toll road project. "Go and check with the ministry," he said.

Director General for Highway Development of the Public Works Ministry Suharsono Martakim neither confirmed nor denied about the appointment of PT Investama to construct the Jatiasih- Karawang toll road.

"I cannot yet confirm if the company won the project," he told the Post yesterday evening.

The government has recently opened a tender to develop 15 toll road projects in the country under a build, operate and transfer (BOT) contract. They include the 10-km toll road linking Medan - Kualanamu in North Sumatra, Antasari - Depok (10 km), Bantar Gebang in Bekasi - Cileungsi in Bogor (15 km), Sedyatmo - Teluk Naga in Tangerang (15 km), Jatiasih in Bekasi- Karawang, West Java (35 km) and Tanjung Sari - Dawuan in West Java (50 km).

Other toll road projects are the 180-km toll road linking Nagreg - Ciamis in West and Cilacap in Central Java, Demak - Tuban in East Java ( 150 km), Cilacap - Pejagan in Central Java (90 km), Cilacap - Yogyakarta (170 km), Probolinggo - Banyuwangi in East Java (160 km), Ngawi - Babat in East Java (115 km), Tanjung Morawa in West Java - Tebing Tinggi in North Sumatra ( 40 km), Tebing Tinggi - Prapat in North Sumatra (85 km) and Bakauhuni - Bandar Lampung - Branti Airport in Lampung (80 km).

The source said PT Investama Kusuma Artha had been selected due to its good reputation in the toll road construction.

The firm is part of a consortium which recently won a contract to build the Rp 1.4 trillion toll project connecting Kampung Melayu in East Jakarta and Bekasi in West Java.

Other members of the consortium include PT Jasa Marga, PT Kusuma Chandra Buana, PT Dyandra Pancagraha and PT Kresna Tara. (09)