Transcript TOLL ROAD INVESTMENT OPPORTUNITIES IN INDONESIA Ministry of Public Works TOLL ROAD DEVELOPMENT PROGRESS24 General Planning : 3.087,88 km (Minister Decree Public Works No.

TOLL ROAD INVESTMENT
OPPORTUNITIES IN
INDONESIA
Ministry of
Public Works
TOLL ROAD DEVELOPMENT PROGRESS
1
2
3
4
General Planning
:
3.087,88 km
(Minister Decree Public Works No. 369/2005 jo Minister Decree Public Works No. 280/2006 jo Minister Decree Public Works No.
360/2008 concerning General Planning of National Road Network)
Realisation 1978 –2010
Realisation 1978-2004 (Base on UU No. 13/1980)
Realisation 2004-2010 (Base on UU No. 38/2004)
:
:
:
741,97 km
610,62 km
131,35 km
On going (BOT) 20 toll road
(land acquisiting and constructing)
:
736,62 km, Investment U$. 7.723,03 M
On going (PPP Scheme) 2 toll road
:
177,12 km, Investment U$. 1.057,68 M
(Goverment: 59,95 km, Investment U$. 453,54 M)
(consession agreement process, land acquisitIng and constructing)
5
6
7
Construction by Government (1 Toll Road On Going : Akses Tanjung Priok)
(4 Toll Road (Plan))
(land acquisiting and constructing)
:
:
Consession Agreement Preparation (4 Toll Road)
154,24 km, Investment U$. 1.144,86 M
Tender Preparation (31 Toll Road)
:
:
9,48 km, Investment U$. 262,71 M
28,15 km, Investment U$. 275,20 M
1.302,16 km, Investment U$. 1.571,69 M
1 U$ Dollar = Rp 8.968,- (BI rate per 27 Agustus 2010)
BUSINESS SCHEME OF TOLL ROAD
(Article 43 (2) Law 38/2004 Concerning Road and Article 19-23 Government Regulation
15/2005 Concerning Toll Road)
On Going
Feasible to be built if EIRR value is
positive
EIRR TOLL ROAD (+)
c
b
a
a
b
c
: Land Acquisition
: Construction
: Operation and Maintenance
1) BOT : FIRR (+)
a+b+c : Private Company
• Link : 20 Link
• Length : 736,62 km
• Investment :
U$. 7.074,31 M
2) DBO/DBL : FIRR (-)
a+b : Government
c : Private Company
• Link : 1 Link
• Length : 9,48 km
• Investment :
U$. 262,71 M
3) PPP : FIRR (Marginal)
a+b : Government
b+c : Private Company
• Link: 2 Link
• Length : 179,00 km
• Investment :
U$. 902,83 M
DBO/DBL
4%
Example:
Case 1: BOT for Toll Road Commonly
Case 2: Akses Tanjung Priok
Case 3: PPP Solo – Kertosono Toll Road
PPP
9%
BOT
87%
TOLL ROAD
TRANS JAVA TOLL ROAD
10 TRANS JAVA TOLL ROAD PRIORITY
652 KM
DKI
Jakarta
Serang
Cikampek
Banten
178 KM
78 KM
Palimanan
Bogor
2
Kanci
Sukabumi
76 KM
321 KM
1
Ciranjang Bandung
Jawa Barat
Semarang
PejaganPemalang
4
3
5
Batang
Demak
6
Ngawi
Jawa Tengah
Solo
7
INFORMATION :
Operation
Yogyakarta
DIY
Land Acquisition
8
9
10
Mojokerto
Kertosono
Gempol
Pandaan
Jawa Timur
Land Acquisition and Construction
Surabaya
Pasuruan
Probolinggo
Malan
g
Banyuwangi
Tender Preparation
No
Toll Road
Length
(km)
Investor
1
Cikopo-Palimanan
116
PT Lintas Marga Sedaya
2
Kanci-Pejagan )*
35
PT Semesta Marga Raya
3
Pejagan-Pemalang
57,5
PT Pejagan Pemalang Tol Road
4
Pemalang-Batang
39
PT Pemalang Batang Tol Road
5
Semarang-Batang
75
PT Marga Setiapuritama
6
Semarang-Solo
75,7
PT Trans Marga Jateng
7
Solo-Ngawi )**
90,1
Kerjasama Pemerintah-Swasta (PPP)
8
Ngawi-Kertosono )**
87,02
Kerjasama Pemerintah-Swasta (PPP)
9
Kertosono-Mojokerto
40,5
PT Marga Hanurata Intrinsic
10
Surabaya-Mojokerto
36,27
PT Marga Nujyasumo Agung
Jumlah
652,09
Information :
*
**
: Toll road operation
: Toll road without revolving fund support
NON TRANS JAVA TOLL ROAD
DKI
Jakarta
Serang
Cikampek
Banten
1
Palimanan
Bogor
2
Kanci
Sukabumi
3
Semarang
PejaganPemalang
Demak
Ciranjang Bandung
Batang
Ngawi
Jawa Tengah
Jawa Barat
INFORMATION :
Operation
Yogyakarta
Potongan Melintang
DIY
Land Acquisition
Land Acquisition and Construction
Toll Road
1 Bogor Ring Road
2 Ciawi - Sukabumi
3 Waru (Aloha) - Tanjung Perak
4 Gempol - Pandaan
5 Gempol - Pasuruan
6 Pasuruan - Probolinggo
Total
Mojokerto
Kertosono
Gempol
Pandaan
Jawa Timur
4
Tender Preparation
No
Surabaya
Solo
Length
(km)
11.00
54.00
17.72
13.61
33.73
45.32
175.38
Investor
PT Marga Sarana Jabar
Trans Jabar Tol
PT Margaraya Jawa Tol
PT Margabumi Adhikaraya
PT Jasa Marga (Persero)
PT Trans Jawa Paspro Jalan Tol
5
Pasuruan
Probolinggo
Malan
g
6
Banyuwangi
NON TRANS JAVA TOLL ROAD (JABODETABEK)
Prof. Dr. Sediyatmo
(14,3 km)
Kabupaten
Tangerang
Penjaringan
Cilincing
(Rorotan)
2
Propinsi
DKI Jakarta
Cakung
Kp. Melayu
1
9
7
Kabupaten
Bekasi
3
8
4
6
5
No
Toll Road
JORR I
1 JORR W2 Utara
JORR II
2 Cengkareng-Kunciran
3 Kunciran-Serpong
4 Serpong-Cinere
5 Cinere-Jagorawi
6 Cimanggis-Cibitung
7 Cibitung-Cilincing
Lainnya
8 Depok-Antasari
9 Bekasi- Cawang-Kp. Melayu
Total
Length
(km)
7,00
7,00
7,00
15,22
11,19
10,14
14,70
25,39
34,50
42,59
21,55
21,04
56,59
Investor
PT. Marga Lingkar Jakarta
PT. Marga Kunciran Cengkareng
PT. Marga Trans Nusantara
--PT. Trans Lingkar Kita Jaya
--MTD CTP Expressway
PT. Citra Waspphutowa
PT. Kresna Kusuma Dyandra Marga
Kabupaten
Bogor
Operation
Construction
Land Acquisition
Land Acquisition and Construction
Concession Agreement Preparation
SURABAYA METROPOLITAN TOLL ROAD
N
Jembatan
JEMBATAN
TOL
SURAMADU
tol Suramadu
W
E
S
Jalan
Tol
Surabaya
- Gresik
JALAN TOL
SURABAYA - GRESIK
Rencana
SS Waru
RENCANA JALAN TOL
LINGKAR TIMUR TAHAP II
Jalan
Surabaya
- Gempol
SURABAYA
RENCANA JALAN TOL
SURABAYA - MOJOKERTO
RENCANA JALAN TOL
WARU (ALOHA) -TJ. PERAK
Tol
Rencana
Surabaya
JALAN TOL
- GEMPOL
Jalan
Tol
- Mojokerto
Rencana
Tol
RENCANAJalan
JALAN TOL
SS WARU - JUANDA
SS Waru
Beroperasi
OPERASI Konstruksi
Pelaksanaan
Penrusan
Investor KONSTRUKSI
DALAM oleh
PELAKSANAAN
Tender Investasi I
SUDAH
ADA INVESTOR
Tender
Investasi
II dan III
Operasi
Rencana Operasi
- Juanda
Bandara Baru
Jalan
- Tj Perak
Tol
tahap
II
EAST JAVA CORRIDOR TOLL ROAD
-
P. Madura
Kamal
N
Surabaya
Gresik
- Madura
Bridge Toll
Surabaya
Surabaya
- Gresik
Toll Road
Surabaya
Jawa Timur
Selat Madura
- Gempol
Toll Road
Gempol
Gempol
- Pandaan
Gempol
Toll Road
- Pasuruan
Toll Road
Pandaan
Pasuruan
Probolinggo
MADURA ISLAND
Gresik
Bojonegoro
Pandaan
- Malang
SURABAYA
Toll Road
Mojokerto
Kertosono
Pandaan
Gempol
Pasuruan
Probolinggo
Pasuruan
Panarukan
- Probolinggo
Toll Road
Kediri
Bondowoso
Malang
Tulung Agung
Blitar
Lum ajang
Jember
EAST JAVA
Legend
Ketapang Gilimanuk
Banyuwangi
NagaraP. BALI
Pasuruan
- Probolinggo
Toll Road In Operation
Malang
Planned Toll Road
Non Toll Road
Probolinggo
REGULATION ASPECTS







ROAD : Law No. 38/2004
TOLL ROAD : Government Regulation No. 15/2005, as amanded with Government Regulation No.
44/2009
LAND ACQUISITION FOR THE PURPOSE OF PUBLIC FACILITY DEVELOPMENT :
Presidential Regulation No. 36/2005, with Revisions in Presidential Regulation No. 65/2006
PUBLIC PRIVATE PARTNERSHIP IN THE PROVISION OF INFRASTRUCTURE : Presidential Regulation
No. 67/2005, as amended with Presidential Regulation No. 13/2010
INDONESIA TOLL ROAD AUTHORITY : Minister of Public Works Regulation No. 295/PRT/M/2005, as
amended with Minister of Public Works Regulation No. 27/PRT/M/2009
MINIMUM STANDARD OF SERVICE : Minister of Public Works Regulation No. 392/PRT/M/2005
IMPLEMENTATION GUIDELINES TO CONTROLING AND MANAGING INFRASTRUCTURE
PROVISION : Minister of Finance Regulation No. 38/2006






GUIDELINES OF TOLL ROAD MANAGEMENT PROVISION : Minister of Public Works
Regulation No. 27/PRT/M/2006
USING OF BUSINESS ENTERPRISE’S FUND FOR LAND ACQUISITIONS : Minister of Public
Works Regulation No. 10/2006
TECHNICAL GUIDELINES FOR TOLL ROAD RESEARCH, DEVELOPMENT, AND UTILIZATION :
Minister of Public Works Regulation No. 01/PRT/M/2007
TECHNICAL GUIDELINES FOR TOLL ROAD AND ACCESS ROAD MAINTENANCE : Minister
of Public Works Regulation No. 02/PRT/M/2007
THE MECHANISM FOR THE USE OF REVOLVING FUNDS FOR THE PURPOSE OF LAND
ACQUISITION FOR TOLL ROAD DEVELOPMENT : Minister of Public Works Regulation No.
04/PRT/M/2007
THE MECHANISM FOR IMPLEMENTATION OF GOVERNMENT SUPPORT FOR THE PURPOSE
OF LAND ACQUISITION OF TOLL ROAD DEVELOPMENT FUNDED BY BUSINESS
ENTERPRISE : Minister of Public Works Regulation No. 12/PRT/M/2008
Toll Road Tender Preparation
PRIORITY PROJECT
CRITERIA PRIORITY PROJECT
a.
Included in PPP Potential Project Plan or Proposed by
contracting agency as unsolicicited project;
b.
Based on Pre-Feasibility, the project is feasible from legal,
technical, and finanial aspect;
c.
Risk identification and allocation has been identifined;
d.
PPP mode has been defined;
e.
Government support has been identified (for marginal project).
PRIORITY PROJECT
Toll Road
Length (KM) Land Cost (U$.M)
Investment
Cost
(U$ M)
Remarks
Priority Projects
MEDAN-KUALA NAMU -TEBING TINGGI
60.00
83.63
530.22
Feasibility Evaluation (possibility with Government Support)
CILEUNYI - SUMEDANG - DAWUAN
58.50
56.29
568.91
Feasibility Evaluation (possibility with Government Support)
PALEMBANG - INDRALAYA
22.00
7.14
117.41
Feasibility Evaluation (possibility with Government Support)
TEGINENENG - BABATAN
50.00
29.94
304.06
Feasibility Evaluation (possibility with Government Support)
SUKABUMI - CIRANJANG
28.00
17.72
209.93
Feasibility Evaluation (possibility with Government Support)
PASIRKOJA - SOREANG
15.00
27.31
113.91
Feasibility Evaluation (possibility with Government Support)
PANDAAN - MALANG
37.62
32.69
281.85
Feasibility Evaluation
MEDAN - BINJAI
15.80
28.56
144.18
Feasibility Evaluation (possibility with Government Support)
9.65
775.37
-
22.92
1,088.39
-
ULUJAMI - TANAH ABANG
8.27
474.49
-
PASAR MINGGU - CASABLANCA
9.56
637.81
-
SUNTER - PULO GEBANG - TAMBELANG
25.73
822.70
-
DURI PULO - KAMPUNG MELAYU
11.38
664.59
-
TERUSAN PASTEUR - UJUNG BERUNG - CILEUNYI - GEDEBAGE
27.30
771.30
Total
401.73
KEMAYORAN - KAMPUNG MELAYU
SUNTER - RAWA BUAYA - BATU CEPER
283.28
7,505.12
Feasibility Study
POTENTIAL PROJECT
CRITERIA POTENTIAL PROJECT
a.
Conformity with the national/regional midterm development plan and
the infrastructure sector’s strategic plan;
b.
Conformity of the project’s location with the Regional SpatialPlanning;
c.
Lingkage between the infrastructure sectors and the regional areas;
d.
Cost recovery potential;
e.
Preliminary Study.
POTENTIAL PROJECT
No.
Toll Road
Length (KM) Land Cost (U$.M)
Investment
Cost
(U$. M)
Remarks
Potential Projects
1
PEKANBARU - KANDIS - DUMAI
135.00
52.92
941.81 Suggestion to Built by Government
2
MANADO - BITUNG
46.00
85.30
625.79 Suggestion to Built by Government
3
KISARAN - TEBING TINGGI
60.00
18.96
588.76
4
BUKIT TINGGI - PADANG PANJANG- LUBUK ALUNG - PADANG
55.00
18.96
1,140.72
5
TERBANGGI BESAR - MENGGALA - PEMATANG PANGGANG
100.00
27.54
644.51 Feasibility Study
6
BAKAUHENI - TERBANGGI BESAR
100.00
56.87
914.36 Feasibility Study
7
CILEGON - BOJONEGARA
15.69
15.50
102.59 Feasibility Study
8
KAMAL - TELUK NAGA - BATU CEPER
32.00
146.55
400.33 Feasibility Study
9
GEDE BAGE - MAJALAYA
10
SEMARANG - DEMAK
11
YOGYAKARTA - BAWEN
12
Feasibility Study
Feasibility Study
100.36 Feasibility Study
23.99
31.04
330.06 Feasibility Study
104.00
125.89
678.52 Feasibility Study
YOGYAKARTA - SOLO
40.49
56.70
259.81 Feasibility Study
13
BANDARA JUANDA - TANJUNG PERAK
23.00
81.25
560.88 Feasibility Study
14
PROBOLINGGO - BANYUWANGI
170.36
76.22
892.06 Feasibility Study
15
BATU AMPAR - MUKA KUNING - BANDARA HANG NADIM
Total
25.00
930.53
254.32 Feasibility Study
793.70
8,434.88
Thank You