Despite criticism over regulatory issues, two foreign investors are in the process of acquiring toll road assets in Indonesia. They are Canada Pension Plan Investment Board (CPPIB) and Astra Infrastructure consortium, which offers US$500 million for 55% shares in the Cikopo-Palimanan section and a consortium of Road King Infrastructure, operator of toll roads in China, which acquires Solo-Ngawi and Ngawi-Kertosono sections of trans-Java toll road from Waskita Toll Road.To subscribe please click here
