Rp2.52 Trillion for Probolinggo-Banyuwangi Toll Road​ Acceleration

1/31/2019 7:50:50 AM


PT JASA MARGA (Persero) Tbk.

Number : 16/2019 Dated January 30, ​2019


Rp2.52 Trillion for Probolinggo-Banyuwangi Toll Road​ Acceleration

Jakarta (01/30) - Rp 2,52 trillion​ syndicated loan was granted to PT Jasamarga Probolinggo Banyuwangi (JPB), a business group of PT Jasa Marga (Persero) Tbk., for the land bailout of the 172-km Probolinggo-Banyuwangi Toll Road land acquisition. The toll road itself will be the longest nationwide.

The syndicated loan agreement was signed at Jasa Marga Head Office, Jakarta, on Tuesday (1/29) by the President Director of ​​​PT JPB D. Hari Pratama, A.A.G. Agung Dharmawan as the Division Head of PT Bank Negara Indonesia (Persero) Tbk., Yusak L. S. Silalahi as the Senior Vice President of PT Bank Mandiri (Persero) Tbk., I Made Suka as the Division Head of PT Bank Rakyat Indonesia (Persero) Tbk., Yayi Mustika Pudyanti as the Vice President and Dhejani Surjadi as the Senior Vice President of PT Bank Central Asia Tbk. 

Each of the four banking-syndicate​​​; BNI, BRI, BCA, and Bank Mandiri; disbursed a Rp630-billion amount of fund.

The President Director of PT JPB, D. Hari Pratama promised to be responsible for preparing the land bailout fund mentioned in the toll road concession agreement.  The Rp2.52 trillion loan granted by the syndicate was the first step.

“The land bailout fund will be allocated for Probolinggo Segment land compensation and Situbondo in part,” he said.

He also specified that the land bailout syndicated loan is the first stage of the total 4.7 trillion loan

He expressed his deepest gratitude for the development supporof the Trans-Java incorporated toll road which will create ​better Indonesian ​connectivity.

Probowangi Toll Road will be divided into three segments; Probolinggo Segment I (31.2 km), Situbondo Segment II (109 km), and Banyuwangi Segment III (31.8 km).

Probolinggo-Banyuwangi Toll Segment will be the last toll road of the Trans-Java toll network with a 35-year concession and Rp23.3-trillion worth of investment. 

For more information, please contact:
1. D. Hari Pratama
President Director
PT Jasamarga Probolinggo Banyuwangi
Jl. Bina Marga no 42 Kelurahan Cipayung
East Jakarta 13840
Tel. (021) 8434 1752
Email. tolprobowangi@jpb.co.id

2. Dwimawan Heru Santoso
Corporate Communications and Community Development Group Head
PT Jasa Marga (Persero) Tbk.
Plaza Tol Taman Mini Indonesia Indah
Jakarta 13550
Tel. (021) 841 3526 / ext. 117/118
Email. corcomm@jasamarga.co.id​​