JAKARTA (Indonesia Today) – PT Bank Central Asia Tbk (BBCA) and PT Bank Pembangunan Daerah DKI lead a syndicated loan worth Rp8.8 trillion for funding Palimanan-Cikampek toll road section Bisnis Indonesia reported this morning.
Bank DKI, supported by other 11 regional development bank (BPD), plans to loan Rp2.06 trillion for the project. Bank DKI said the loan will have tenor of 7 years.
Palimanan-Cikampek toll project, targeted to complete the construction in 2014, will cost Rp12.56 trillion.
Palimanan-Cikampek toll section has 1116.75 kilometers length, devided into 6 sections; Cikopo-Kalijati, Kalijati-Subang, Subang-Cikedung, Cikedung-Kartajati, Kartajadi-Sumberjaya, and Sumberjaya-Palimanan. (hans@theindonesiatoday.com)??