Project Detail |
GCA Minister of Public of Work and Housing with BPJT as a GCA recipient
Estimated Investment USD 1600 Million
Estimated Period 45 years
Location Probolinggo - Banyuwangi, East Java
Project Status Pre Qualification (PQ)
Investment Scheme BOT
F IRR Currently Reviewed
Long 172.91 km
Data Source BPJT,2017
Objectives
Probolinggo – Banyuwangi Toll Road will be part of the Trans Java Toll Road which connected Java Island from Merak to Banyuwangi (1187,59 Km). The development will support the increasing movement of people and goods between two cities and their surroundings. Furthermore, it will give benefits on cost reduction of logistic and travel time.
Scoupe
This project is expected to play an integral part of East Java Road System. It is 172 km in length which connected Probolinggo and Banyuwangi, crossing three districts in East Java including Situbondo district. Each district has different potential resources which still should be developed. The PPP Company shall responsible to perform the toll road project, including financing, construction, operation, and maintenance during the concession period. |