TOLL ROAD REGULATORY AGENCY AMENDMENT CONTRACT HUTAMA KARYA

[CATEGORY: INFRASTRUCTURE]

Toll Road Regulatory Agency amend the toll road concession agreement with PT Hutama Karya with increasing bailouts given land for Bakauheni-Terbanggi Besar and Pekanbaru-Dumai toll road.

Head of Toll Road Regulatory Agency Herry Trisaputra Zuna said, with the addition of bailout funds totaling Rp 2.2 trillion by Hutama Karya the government targets land acquisition for the two segments of the Trans-Sumatra can be completed this year with the target land acquisition of Trans-Java toll road projects to Semarang. With the addition, the total bailout funds collected reaching Rp 24.84 trillion.

He added, in this case PT Hutama Karya borrowing to PT Sarana Multi Infrastruktur (SMI) to be able to bailout the land fund. Before providing additional bailout funds, the SOE of has been disbursed Rp 1.4 trillion bailout for Bakauheni-Terbanggi Besar segment and Rp 55 billion for Pekanbaru-Dumai segment. The total bailout collected prior to the addition reached Rp 22.64 trillion.

President Director of PT Hutama Karya I Gusti Ngurah Putera explained, it will add a bailout at Bakauheni-Terbanggi Besar segment of the Rp 2 trillion to Rp 3.4 trillion from the original allocation of Rp 1.4 trillion.

For Pekan Baru-Dumai segment, he said, the amendments made from the original allocation of Rp 50 billion to Rp 266 billion.

All complete data can be seen at www.tender-indonesia.com

(The source of the Indonesia Oil and Gas, Mining, Electricity, Infrastrcuture, Telecommunication tender project and tender award)