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The development of toll road investment in Indonesia from the year 1978 until 2008 still slowed down. Before financial crisis, before 1998, the total length of toll road in Indonesia was 532.62 km. At the same time, compared to other nations in East Asian, such as China the total length of toll...
Persistent link: https://www.econbiz.de/10013158726
According to the World Economic Forum, Global Competitiveness Index 2006-07 that ranking of Indonesia's competitiveness is 50 from 125 countries. Furthermore for infrastructure competitiveness, Indonesia's ranking is 89, lower than East Asian countries (e.g., China, Malaysia, Philippines,...
Persistent link: https://www.econbiz.de/10013158949
According to Global Insight (2006), world container trade flow in 2005, East –West was 43%, where Trans-Atlantic: 5.4 million TEU, Asia-Europe: 12.1 million TEU, and Trans-Pacific: 19.3 million TEU; and Intra-Asia was 31% or 26.2 million TEU (including Australia, Indian Subcontinent and Middle...
Persistent link: https://www.econbiz.de/10013158950
The development of toll road investment in Indonesia from the year 1978 until 2008 still slowed down. Before financial crisis, before 1998, the total length of toll road in Indonesia was 532.62 km. At the same time, compared to other nations in East Asian, such as China the total length of toll...
Persistent link: https://www.econbiz.de/10013158951
The development of toll road infrastructure in Indonesia is still slow down, if we compare the growth of toll road before crisis from 1978 until 1998 was 13.66% and after the crisis from 1999 to 2010 was 2.14%. Otherwise, the length of toll road in Indonesia until now has 742 km, operated by...
Persistent link: https://www.econbiz.de/10013112467
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 development of toll road in developing countries especially in Indonesia was very slow. Although the Government of Indonesia has an accelerated toll road plan for 2020 was 4,000 km, but toll road length in 2013 was still 784 km. Because of that, the gap of toll road length in Indonesia has...
Persistent link: https://www.econbiz.de/10012870655
There are three main problems in Indonesia toll road financing model. First, it is the lack of state budget and delayed funding distribution for land acquisition. The second problem is the lack of financial ability of the winning company which leads to financial closing failure. The third...
Persistent link: https://www.econbiz.de/10012870811
One of the largest impediments to toll road development is land acquisition. In an ideal perspective, the required land should be acquired before a toll road project begins. However, the reality often does not meet the expectation. The government, which should accept the liability in the first...
Persistent link: https://www.econbiz.de/10012870835
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