Tag: Trans Java

Trans-Java Toll Road: Show Me The Money! (2)

Suryanto, acting head of Integrated Investment and Services Office of Madiun Regency in East Java claimed last August that application for new investments surged from Rp58 billion in 2016 to around Rp2 trillion last year because investors anticipated completion of the trans-Java toll road. One of the investors is Mikasa, which builds factory at Purworejo village, Pilangkenceng sub-district, which is adjacent to the exit of trans-Java toll road in the regency.

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Toll Road Projects Update (2): Trans-Java

Cement consumption in Java grew only 1.3% in the first eight months of 2016, but Central Java and East Java reported strong growth of 11.6% and 6.3% respectively. This might be related to faster development of toll roads in Central and East Java plus other infrastructure projects, including power plants and industrial estates.

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