23 Sep 2019 ROAD
Semarang - Demak toll road is one of the National Strategic Projects (PSN) with a total length of 27 km. Integrated with the Sea Wall located in Semarang City to Demak Regency, the scope of the signed Semarang - Demak Toll Road project covers the construction / construction of 16.3 km (out of a total of 27 km) and operations (27 km in total) by BUJT. This toll road will be the first multifunctional toll road because it will be integrated with the construction of a sea dike to overcome the problem of tidal floods that often hit the Semarang area.
|Location||Semarang - Demak|
|Project Value||IDR 5,441 Billion|
|Contracting Agency||Kementerian Pekerjaan Umum dan Perumahan Rakyat|
|Business Entity||PT Pembangunan Perumahan Semarang Demak|
|Guarantee Agreement||23 September 2019|
PT PII President Director Muhammad Wahid Sutopo said that the granting of guarantees by PT PII in the Semarang - Demak Toll Road project was one of them aimed at providing guarantees for several types of risks that could arise from the government's risk allocation.
"With the support of the Ministry of Finance of the Republic of Indonesia and the Ministry of Public Works and Public Works, to date PT PII has provided guarantees to 11 PPP-themed toll road projects. With a total of 21 infrastructure projects with a PPP scheme guaranteed by PT PII, it shows that the PPP scheme has been successfully accepted by both the community and investors, "explained