The APJ Project in Madiun Regency (the “Project”) is a road lighting infrastructure development carried out under the Public-Private Partnership (“PPP”) scheme. The scope of the Project includes new construction (without retrofit), operation, and maintenance of 7,400 points on a 299.7 Km road with a National Road (arterial) coverage of 70.4 km; Main Regency Road (local) 221.7 Km; and Urban Roads (neighborhood) 7.5 km. The investment value of the Project is Rp 100,650,782,338 with a construction period of 9 months and a cooperation period of up to 10 years from the date of commercial operation.

This project demonstrates the commitment of PT PII in supporting the acceleration of infrastructure development in Indonesia for various project scales. We hope that this will increase the number of other infrastructure projects to be implemented under the PPP scheme. In addition, our support for this project is also a commitment to support projects with energy saving benefits in order to support green infrastructure, and are able to have a significant impact on the community, especially in Madiun Regency, East Java. We appreciate the efforts of Madiun Regency to implement alternative financing through PPPs so that it succeeded in becoming the first Regency to implement a PPP with the Regent as the PJPK.