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In greenfield toll-road projects, financial sustainability has been a major issue. Many toll roads cannot be operated. Although most of Indonesia's 24 toll road concessions have already been signed by the Toll Road Authority, most of them were caused by financing problems. Three problems have...
Persistent link: https://www.econbiz.de/10012888918
The development of toll road infrastructure in Indonesia is very decelerate where from 1500 km that was planned in 2006, but the realization is only 749,12 km operation in 2010, meanwhile the land that will be acquisited in Trans Java toll road is 6,272.84 Ha, but only 1,400 Ha have been...
Persistent link: https://www.econbiz.de/10014192773
The financial sustainability has been a major issue in greenfield toll-road projects. Most of Indonesia's 24 toll road concessions already signed by Toll Road Authority, for instance, cannot be put in operation because of financing problems. Uncertainties of long-term project revenues,...
Persistent link: https://www.econbiz.de/10012870837