Sabtu, 12 November 2016

TURKISH COMPANY TARGETING PROBOLINGGO-BANYUWANGI SEGMENT






[CATEGORY: INFRASTRUCTURE]
 
Turkish construction company Enka Insast Ve Sanayi aiming concession Probolinggo- Banyuwangi toll road Rp 18.40 trillion, compete with domestic enterprises. Enka Insast Ve Sanayi pass the pre-qualification phase segment of Probolinggo-Banyuwangi along 170.36 km with two other companies, namely the consortium of PT Jasa Marga Tbk. together with PT Waskita Toll Road, and PT Brantas Abipraya. and PT Pembangunan Perumahan Tbk. Enka does not need to hold a business entity in the country to be able to work on the toll road projects for foreign investment in toll roads can be up to 100%.


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