Two of Indonesia's state-controlled companies will acquire at least 11 toll road concessions (with a total length of 525.7 kilometers and combined value of IDR 53.5 trillion or approx. USD $4.1 billion) from the private sector in the next two years. Toll road operator Jasa Marga is expected to acquire four toll road projects with a total length of 262.3 kilometers, estimated to be worth IDR 18.4 trillion (approx. USD $1.4 billion). Meanwhile construction firm Waskita Karya plans to acquire seven toll road projects (with a combined length of 263.4 kilometers), take-overs estimated to require IDR 35.1 trillion (approx. USD $2.7 billion) of investment.
Update COVID-19 in Indonesia: 28,233 confirmed infections, 1,698 deaths (3 June 2020)
03 June 2020 (closed)
USD/IDR (14,245) -257.00 -1.77%
EUR/IDR (15,934) -194.64 -1.21%
Jakarta Composite Index (4,941.01) +93.50 +1.93%