JAKARTA (Yosefardi) – State toll road operator PT Jasa Marga Tbk (JSMR) targets to book revenue of Rp7 trillion this year, a 15-16% growth compared to 2013, supported by tariff hike and the operation of new toll road sections.
The company plans to raise tall tariff for JORR W1, Prof Sedyatmo, Jakarta-Cikampek, and The Bogor Ring Road. It is also now constructing 5 toll road sections, targeted to complete this year.
For 2013, the company targets to book toll revenue of Rp5.68 trillion and revenue from construction of Rp4.39 trillion.
Jasa Marga mulls to issue bonds worth Rp3.2 trillion this year, after issuing bonds worth Rp2.1 trillion last year. It allocates capex of Rp5.5 trillion for this year, of which Rp3 trillion will fund the construction of 5 new toll roads sections.