PRESS RELEASE

04 December 2024
Author: Administrator

Jakarta, December 4, 2024 – After the GIC-MPTC consortium signed the Conditional Share Purchase Agreement (CSPA) on June 28, 2024, and the Share Purchase Agreement on September 27, 2024, the consortium officially completed all transactions for the purchase of a 35% share in the Transjawa Toll Road (JTT) today (December 4). The transaction, valued at approximately IDR 15.75 trillion (including the value of new share issuance), was finalized on time.
 
Danni Hasan, President Director of Margautama Nusantara, said, “The acquisition process for the 35% share in the Transjawa Toll Road was fully paid this morning at around 10:00 AM WIB by the consortium, which includes Margautama Nusantara, a subsidiary of Nusantara Infrastructure.”
 
The Transjawa Toll Road is one of the toll roads that plays a strategic role in connecting major cities on Java Island. The completion of the entire transaction process demonstrates that the Nusantara Infrastructure Group has become a partner of the State-Owned Enterprise (BUMN) or Jasa Marga in managing the largest toll road network in Indonesia.
 
Ramdani Basri, President Director of Nusantara Infrastructure, added in his official statement that this collaboration is a testament to the private sector's contribution, responsibility, and role in developing infrastructure in Indonesia. He emphasized that the Nusantara Infrastructure Group has successfully gained the trust of foreign investors to continue expanding its infrastructure business in Indonesia, aligning with the government's vision to strengthen cross-sector collaboration as a strategic foundation for accelerating national development.
 
"In the future, we believe that the private sector will contribute alongside state-owned enterprises (BUMN) to continuously develop Indonesia's infrastructure. We hope that with the completion of this transaction, the government will continue to provide supportive regulations for both local and foreign investors, enabling the realization of the envisioned Indonesia Incorporated.
For additional information, the Transjawa Toll Road serves as an accelerator for the distribution of goods and services, aimed at boosting regional economic growth. This toll road comprises 13 segments, namely Jakarta–Cikampek; Jakarta–Cikampek II Elevated; Palimanan–Kanci; Batang–Semarang; Semarang Sections A, B, C; Semarang–Solo; Solo–Ngawi; Ngawi–Kertosono–Kediri; Surabaya–Mojokerto; Surabaya–Gempol; Gempol–Pasuruan; Gempol–Pandaan; and Pandaan–Malang.