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The Risks of Toll Road Infrastructures in IndonesiaLukas B. SihombingUniversity of Indonesia (UI) - Faculty of Economic, University of Indonesia (UI) - Department of Civil Engineering Budi S. Soepandjiaffiliation not provided to SSRN Ismeth S. Abidinaffiliation not provided to SSRN Yusuf LatiefUniversity of Indonesia (UI) - Civil Engineering Department 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.
Number of Pages in PDF File: 9 Keywords: toll road infrastructure, risks JEL Classification: L91, L92, N65 working papers seriesDate posted: January 14, 2012Suggested CitationContact Information
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