When PT Adhi Karya Tbk (ADHI) and its partners inked the Rp 12.35 trillion concession for the Bogor–Serpong via Parung toll road, it was hailed as another milestone in Indonesia’s infrastructure drive. The 32-kilometer link, crossing West Java and Banten, promises to ease congestion, shorten logistics routes, and extend the metropolitan reach of Jakarta. Can the project’s economics truly hold up for forty years? To subscribe please click here
