Jakarta (ANTARA News) - The government is planning to hold tenders for six toll road links worth a combined total of about 17 trln rupiah this year, Parlindungan Simanjuntak, deputy head of the toll road regulatory body, said.
The links comprises four sections of road totaling 62 kilometers worth 9 tlrln rupiah in the Jakarta outer ring road project, phase 2. The other two are a 177-km toll road from Solo in Central Java to Ngawi in East Java, and from Ngawi to Kertosono in East Java. These two may cost around 8 trln rupiah.
Simanjuntak said at least three investors have pre-qualified to bid for the links in phase 2 of the ring road project.
He, noted though that the bidding will only be launched after the Ministry of Finance has issued a decree on government support, that may include a risk-sharing arrangement on land acquisition.
On the other two links, he said only two investors participated in the pre-qualification process and the regulations stipulate that for a tender to proceed at least three bidders must participate.
However another potential bidder has now come forward.
"Now we have got a third participant, PT Astratel Nusantara," he was quoted by XFN Asia as saying.
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