Serang - Panimbang Toll Road

The toll road project of Serang - Panimbang along 83.9 km with an estimated investment value of IDR 5.3 trillion. This Toll Project is a project with a PPP Scheme and is a toll project awarded by the Government Guarantee through IIGF as a single widow policy.
Project Information
Location |
Serang - Panimbang |
Project Value |
IDR 5,330 Miliar |
Contracting Agency |
Ministry of Public Works and People's Housing |
The signing of this project was carried out at the Coordinating Ministry for Economic Affairs and witnessed by the Coordinating Minister for Economic Affairs, Minister of Finance, Ministry of Public Works and People's Housing and the Attorney General. The signed agreement is the Underwriting Agreement between IIGF and PT Wijaya Karya Serang Panimbang as the Executing Entity selected through an open auction. At the same time, the Recourse Agreement between the Ministry of Public Works and People's Housing and IIGF was signed.
This project is one of the National Strategic Infrastructure Projects as stated in the Presidential Regulation (Perpres) No 3 of 2016, categorized as National Priority Project.