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Latest Reports Bridges
The Batam Indonesia Free Zone Authority (in Indonesian: Badan Pengusahaan Batam) is currently preparing the Batam-Bintan Bridge project. This could become the area's first public-private partnership (PPP) project. Batam and Bintan are two islands that are located in Indonesia's Riau Islands province, just south of Singapore. While Batam is a major industry hub, Bintan is being promoted as the new Bali.
Tidal Bridge BV, a joint venture of Strukton International and DEC, has been awarded the contract to construct the Palmerah Tidal Bridge in Indonesia. The Dutch company will build a floating bridge in the Larantuka Strait, located in East Flores in the eastern part of Indonesia. This floating bridge will be linked to (what is set to become) the world's largest tidal power plant. The total duration of the project is estimated at four years with a final contract value of more than USD $550 million. This project is the first Dutch-Indonesian cooperation in the field of waterworks.
The Ministry of National Development Planning (Bappenas) estimates that between 2015 and 2020 the country needs IDR 7.200 trillion (USD $600 billion) for investments in infrastructure. However, the central government can only supply about 25 percent of the needed investments. These figures are the preliminary results of a study conducted by Bappenas. The study, which focuses on Indonesia's infrastructure development in the period 2015 to 2020, is expected to be completed by March 2014.
About one week ahead of the APEC Economic Leaders' Week in Bali, Indonesia's President Susilo Bambang Yudhoyono inaugurated the 12.7-kilometer long toll road in Bali on Monday (23/09). The toll road, which runs almost entirely on viaducts above the sea, consists of a north-south route from the city of Denpasar to Nusa Dua, as well as a branch to the Denpasar airport (Ngurah Rai International Airport) and a connection to the port of Benoa. Operator of the Bali toll road is Jasamarga Bali Toll, a consortium of state-controlled companies.
Indonesia Investments has updated the financial highlights of state-controlled enterprise Adhi Karya (ADHI). The company is engaged in construction services, infrastructure development, property, real estate and engineering, and procurement & construction. Its infrastructure projects include roads, bridges, irrigation, power plants and ports, while its building projects include high rise buildings, hotels, hospitals and schools. Shares and net income of the company have surged in 2012 amid Indonesia's booming property sector.
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