Trans Sumatra Toll Project Possibly to Stop Over Lack of Capital Injections
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28 January 2021 17:22 WIB
TEMPO.CO, Jakarta - One of Indonesia’s largest infrastructure projects, the Trans Sumatra Toll, could be postponed due to the lack of state capital injections (PMN). The contractor Hutama Karya will need Rp66 trillion to complete the first phase of the project.
“This is what is programmed to last until 2023,” said Budi Harto, president director of state-owned construction firm Hutama Karya on January 27.
Budi said that the Development Finance Comptroller (BPKP) is currently auditing the value of the capital injections under the instruction of the Public Works and Public Housing Minister.
He said his firm is hoping to receive state capital injections up to Rp25 trillion for the 2021 construction phase. However, based on the state capital injections budget for 2021, Hutama Karya will only have an allocated Rp6.2 trillion as eight other state-owned enterprises are planned to receive Rp37.38 trillion this year.
Previously, the Public Works and Housing (PUPR) Ministry’s Director General of Bina Marga Hedy Rahadian revealed the condition of the Trans Sumatra Toll construction in a House hearing with DPR's Commission V members on January 27.
Read: Trans Sumatra Toll Requires IDR 60 Trillion State Investment
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