JAKARTA (Yosefardi) – PT Solo Ngawi Jaya (SNJ), holder of concession right for Solo-Ngawi toll road project, has secured loan facility of Rp5.1 trillion from Leighton Finance, unit of Leighton Holding.
The loan agreement was signed in January 17, 2014, for 90.10 kilometers lenght of Solo-Ngawi toll roal section, part of Trans-Java toll project.
Media earlier reported Bank Mandiri is also interested to finance Solo-Ngawi toll project. SNJ is subsdiary of PT Thiess Contractor Indonesia, unit of Thiess Pty Ltd which is also fully controlled by Leighton Holding.