Government takes over “Bocimi” toll road construction

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Photo by Cabinet Secretary

JAKARTA (TheInsiderStories) – President Joko Widodo urged the state-owned contractor PT Waskita Karya Tbk (IDX: WSKT) to immediately complete the Rp 8.7 trillion (US$654.14 million) Bogor-Cimanggis-Cibitung (Bocimi) toll road project, which only has a 4.7-percent completion progress because of land acquisition problems. The first groundbreaking has started in 1997.

The construction of 54-km-Bocimi Toll Road connecting Bogor, Ciawi, and Sukabumi must be finished by 2018. Waskita has allocated Rp 1.5 trillion in cash for the land acquisition process.

“This is one project in the country that has stalled since 2006. Hence, we are taking it over from its previous investor and now Waskita Karya will work on it and proceed with the land acquisition process,” he said during his working visit to the toll-road section 1 construction site in Cimanggis, East Jakarta.

Waskita president director Herwidiakto, explained land issues had been the main problem in the project. He believed the company would meet the completion target as long as land issues could be solved this year.

Previously, during his visit to Central Java, Widodo inaugurated the groundbreaking of Pemalang-Batang and Batang-Semarang Tollroads in Pasekaran Village, Batang Regency, Central Java. The construction of this toll road should have been finished 20 years ago, yet due to land acquisition problems.

Minister of Public Works and Public Housing Basuki Hadimuljono said that the 39.2-km- Pemalang-Batang Toll Road, and 75-km- Batang-Semarang Toll Road which costing Rp15.85 trillion are expected to be finished in 2018.

Indonesia’s infrastructures development is left behind compared to the development in other countries because it takes long time to finish the land acquisition process.

 

 

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Source: The Insiderstories
Government takes over “Bocimi” toll road construction

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