Professional Documents
Culture Documents
Source : BPS
Sumatera has experienced continuous economic growth and its potential is
even higher, yet growth has been hampered by poor connectivity
Capital of
Province/Economic Center …But until now hampered by poor connectivity
Rubber plantation area Rail way • Waiting times at 4 key ports in Sumatra is 3-4 days,
Connecting line of resulting in significant cost increases for exporters.
Palm Oil Plantation area
Economic Center
Industry Cluster
• Shipment cost by land transportation to Medan,
Main Line to Exit Corridor
North Sumatera reaches IDR 10 million/TUE (double
Coal Mining area Existing Line the cost of container shipment from Tanjung Priok to
Domestic Cruise Network Port Belawan Port in Medan)
Source: Masterplan for Acceleration and Expansion of Indonesia Economic Development 2011-2025
Trans Sumatera Toll Road Consist of Main Corridor (1.813 km) and
Supporting Corridor (795 km), 23 Segments Totally (2.608 km)
Banda Aceh
75
Sigli
135
Lhokseumawe
135
Langsa
110
Binjai
17
Sibolga
Medan
200
Tebing
60 Tinggi
Kisaran
100 Rantau
175 Prapat
Padang
185 Tinggi
Dumai
55 Bukit
126
Pekanbaru
175
Rengat
190
88 Indralaya
Bengkulu
Jambi
Linggau
191
125 Muara
95 Lubuk
Enim
Betung
Palembang
22
Koridor Utama
Kayu Agung
85 Koridor Pendukung
Pematang
100 panggang
Terbanggi
139 Besar
Bakauheni
Trans Sumatera Toll Road is Necessary, It Can’t Be Delayed...
...From the indicator, development of Trans Sumatera Toll Road can’t become discussion agenda only, it has to developed
as soon as possible.
The solution is needed to ensure Trans Sumatera project is developed according to the MP3EI target....
Toll Road Development Scheme
Land
Acquisition √ √ √ √ √
Construction
√ √ √ √ √
O&M √ √ √ √
Condition:
• IRR average is below
10% while IDR
commercial interest rate
is above 10%
• Projection of investment
cost is IDR 307 trillion
PHASE 2 No Segment
1 Bakauheni-Terbanggi Besar
KM
139
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
24 62 53
4 Palembang-Indralaya 22
5 Terbanggi Besar-Pematang Panggang 100 10 10 20 60
9 Kisaran-Tebing Tinggi 60 20 40
11 Betung-Jambi 191 20 45 45 81
12 Jambi-Rengat 190 20 50 50 70
19 Lubuk Linggau-Curup-Bengkulu 95 10 30 55
Kayu 20 Sigli-Banda Aceh 75 15 60
Hang Bengkulu
Agung 21 Binjai-Langsa 110 10
10
40
50
60
75
22 Langsa-Lhokseumawe 135
Nadim 23 Lhokseumawe-Sigli 135 20 50 65
Bakauheni besar
Operation Lenght of Stage II (km) - - - 31 140 330 545
Operation Lenght of Stage III (km) - - - - - - 30 215 530 1.053 1.514 1.759
Total Operation Lenght (km) - 17 91 235 444 634 879 1.064 1.379 1.902 2.363 2.608
Government
Multi Donor Fund
ADB
State Governtment’s Loan
JICA
budget
1 SLA
WB
4 Govnt.
SLA
Injection
SOE
Direct
2 lending
Gov. Inj Government
guaranteed Corporate Investor
3 bond SOE Bank(s)
& direct PIP, SMI etc
lending
Local/Foreign Partner Market
Local Parnter SPV Equity Debt
Foreign Partner
bridging finance
Loan 70%
Source Of Fund Simulation: Phase I (4 Segments)
Investment Cost
(IDR Billion) Govr. Equity Direct Corporate
Injection Partner Lending Bond
6.481 2.777 10.980 10.627
Debt Service
Coverage Ratio
Keseluruhan 23 Ruas
4 Ruas Tahap I
Financing of Bakauheni – Terbanggi Besar
Financing of Medan – Binjai
Pinjaman
menggunakan
direct lending
KMK untuk memenuhi
kebutuhan operasi
setiap awal tahun
Pengembalian KMK
setiap akhir tahun
Financing of Palembang – Indralaya
Financing of Pekanbaru – Dumai
Succesfullness of Development Scheme depent on sinergy that
created by related Stakeholder
• SOE stand alone or joint with another enterprises to created consortium Toll Road
Toll Road Entreprise or SPV Enterprise than it will called Special Purpose Vehicle (SPV)
• SPV have charge to develop certain Toll road
• Supporting Trans Sumatera Toll Road development by giving capital support to Toll
Equity Partner Road Enterprise or loan with certain requirement and provision.
• Partner come from State owned Enterprise or Regionally Owned Enterprise or Private
Company local and international
• Giving soft loan (long maturity and low interest) to SOE based on Government
Lender Institution
guarantee on primary loan and interest loan.
(Bilateral/Multilateral) • Could be Bilateral or multilateral institution or another financing institution such as PIP
• Absorbing Corporate bond that issued by Toll Road Enterprise to investment required.
Financing Institution
• Giving Capital work loan to operasional required
(Bank, Dana Pensiun, PT SMI, PT IIF)
• Could be State Owned Bank, Comersial Bank, Pension Fund, PT. SMI, or PT. IIF
Benefits of The Development of Trans Sumatra Highway On The
Acceleration For Economic Development
Kayu Agung
EXIT 2 PEMULUTAN
STA 7+100
EXIT 3 KTM
STA 12+000
STA 15+380
Tj. Mulia
Binjai
Semayang Helvetia
STA -1+720
STA 10+870 STA 5+920
Seksi II :
Babatan - Tegineneng
Seksi I :
Bakauheni -
Babatan
Jalan Tol
Penghubun
g JSS
PEKANBARU – DUMAI
Kandis
Sta 50+200
Duri Utara
Petapahan Sta 106+450
Sta 33+200
Duri Selatan Sta 97+500
Sta 76+500
Minas Dumai
Duri Utara “
Sta 9+250 Sta 0+000
Sta 25+075
Pekanbaru
Sta 0+000 Seksi I : Seksi II : Seksi III :
Pekanbaru - Kandis Kandis – Duri Utara Duri Utara - Dumai