The Risks of Toll Road Infrastructures in Indonesia

9 Pages Posted: 14 Jan 2012

See all articles by Lukas B. Sihombing

Lukas B. Sihombing

University of Indonesia (UI) - Faculty of Economic, University of Indonesia (UI) - Department of Civil Engineering

Budi S. Soepandji

affiliation not provided to SSRN

Ismeth S. Abidin

affiliation not provided to SSRN

Yusuf Latief

University of Indonesia (UI) - Civil Engineering Department

Date Written: July 4, 2011

Abstract

The development of toll road infrastructure in Indonesia is still slow down, if we compare the growth of toll road before crisis from 1978 until 1998 was 13.66% and after the crisis from 1999 to 2010 was 2.14%. Otherwise, the length of toll road in Indonesia until now has 742 km, operated by State Owned Enterprise (Jasa Marga) is 78% and private is 28%.

The fact of that data above that toll road investment in Indonesia is not interesting to private investor because investment in toll road development riskier than other infrastructure investment.

At this paper, we try to explain the development and toll road infrastructure risks in Indonesia.

Keywords: toll road infrastructure, risks

JEL Classification: L91, L92, N65

Suggested Citation

Sihombing, Lukas B. and Soepandji, Budi S. and Abidin, Ismeth S. and Latief, Yusuf, The Risks of Toll Road Infrastructures in Indonesia (July 4, 2011). Available at SSRN: https://ssrn.com/abstract=1984556 or http://dx.doi.org/10.2139/ssrn.1984556

Lukas B. Sihombing (Contact Author)

University of Indonesia (UI) - Faculty of Economic, University of Indonesia (UI) - Department of Civil Engineering ( email )

Kampus Baru
Depok, West Java 16424
Indonesia

Budi S. Soepandji

affiliation not provided to SSRN

Ismeth S. Abidin

affiliation not provided to SSRN

Yusuf Latief

University of Indonesia (UI) - Civil Engineering Department ( email )

Depok, 16424
Indonesia

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