12 Apr 2021 ROAD SECTOR
The Riau Jalintim Preservation PPP project is the second PPP project in the Non-toll road sector in Indonesia after previously having signed a PPP agreement on the South Sumatra Jalintim project in August 2020. The Riau Jalintim project received various supports from the Ministry of Finance, namely the Project Development Facility (PDF) assigned to PT PII and infrastructure guarantee from PT PII.
This project is one of the national non-toll road preservation projects whose handling is the priority of the Ministry of PUPR. Located in Pelalawan Regency, the Riau Jalintim project is part of the National Road in the East Sumatra Cross that supports economic activities in Sumatra and is classified as a national road which is the backbone of national economic growth.
For information, the form of cooperation for the Jalintim South Sumatra PPP project is DBOFMT (Design-Build-Finance-Operate-maintain-transfer) with a return on investment through the Availability Payment (AP) scheme. The project, with an estimated investment cost of Rp. 654.7 billion, has a concession period of 15 years consisting of 3 years of construction and 12 years of service. The main scope of this PPP Project is to carry out the preservation of the 43 km long Riau Cross East National Road.
BACK TO PROJECT
Project Information |
|
Signing Project | 12 Apr 2021 |
Project Value (IDR) | IDR 654,7 Billion |
CA | Minister For Public Works and Human Settlements |
Business Entity | PT Adhi Jalintim Riau |
Characteristics | Road length of 43 kilometers, 4 bridges and 1 UPPKB |
Schemas | Design Build Finance Operate Maintain Transfer (DBFOMT) |
Duration Of Guarantee | 15 Years |
Location | Riau |