Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Coming to an Understanding
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Coming to an Understanding

Memorandum of Understanding Signed between Seven State-Owned Companies for Construction of Serangan to Nusa Dua Toll Way.


Bali News: Bali, Indonesia, PT Jasa Marga, PT Pelindo III, PT Angkasa Pura I, PT Bali Tourism Development Corporation, BTDC, MOU, PT Wijaya Karya, PT Adhi Karya, PT Hutama Karya. Frans S. Sunito, Hermanto Dardak, Serangan, Tanjung Benoa, Nusa Dua, Toll way, toll road
Click Image to Enlarge

(4/30/2011)

Nusa Bali reports that seven State-owned companies signed a memorandum of understanding (MOU) declaring their intent to form a consortium to build a toll road connecting Serangan island near the Sanur area of Bali and the Tanjung area at Nusa Dua.

The four initial initiators of the project - PT Jasa Marga, PT Pelindo III, PT Angkasa Pura I and PT Bali Tourism Development Corporation (BTDC) were joined in the MOU by three more State-owned companies: PT Wijaya Karya, PT Adhi Karya and PT Hutama Karya.

The CEO of PT Jasa Marga, Frans S. Sunito told the press that if the consortium wins the government tender process, the 7 member group will form a new joint-venture with his company owning 60 percent of the shares. Frans added: "At this point we are still a consortium. The suggestion of the 7 State-owned companies has been submitted to the government. We just have to wait for agreement to form the subject consortium.

Once a green light is received from the government, the consortium will forward an investment proposal together with a financial capability statement to the government.

The Minister of Public Works, Hermanto Dardak confirmed that the proposal of the Consortium was under review by the government. In order to safeguard the transparency of the bidding process and conform with the laws, a "right to match" procedure needs to be established to allow other interested parties a chance to build the toll way.

Earlier, the government agency in charge of toll ways had declared its intent to open bidding on the Serangan – Tanjung Benoa toll way that has an estimated cost of Rp. 1.9 trillion (US$211 million). The targeted completion date for the road way is May 2011, in time for a major APEC Summit to be held later in that year.

As the initiator of the toll way project, the 7-member consortium would be given a priority in any tender process for the roadway, without barring other interested parties from joining the bidding process.

The new roadway will cut across 2.6 kilometers of Serangan island, transect the mangrove sanctuary for a distance of 2 kilometers, follow the shore line for 2.3 kilometers and cross a bridge 350 meters long.

Related Article

[How to Fast Track an Expressway]

[ The Long and Winding Road to South Bali]


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Kiwi’s Keen on Bali
Air New Zealand Looking to More than Double Passenger Capacity Between Auckland and Bali in 2018
(7/23/2017)
Silhouettes that Break Cold Sweats
Bali Police Install Replica Police Cars on Road Sides to Reduce Traffic Violations
(7/23/2017)
An Unexplained Death
New Zealander Dies After a Night of Drinking at an East Bali Hotel
(7/23/2017)
The Belgium Who Fell From Above
Belgium Tourist Commits Suicide By Jumping from Villa North of Ubud
(7/24/2017)
No Shortage of Oranges
Bali’s Kintamani Orange Prices Drop to Record Lows
(7/23/2017)
Purposely Vague Recollections
Man Beaten By Transvestites and Left Naked in a Bali Field Released from Hospital
(7/23/2017)
Now Infamously Famous
Actor Jeremy Thomas to Have His Day in Court on Charges of Embezzlement and Fraud in Ubud Property Case
(7/23/2017)
A Young Life Gone Up in Smoke
Italian Facing a Dozen Years in Jail for Three Joints of 'Ajapa-japa'
(7/23/2017)
Pursuing Princesses
Princess Cruise Lines Lists Improvements Needed to Attract More Cruise Ship Visits to Indonesia
(7/23/2017)
Tropical Cancer Care
Bali Developing Cancer Treatment Center at Mangusada General Hospital
(7/23/2017)
Arshole Incarceration
Madurese Laborer Get 12-years for Smuggling Methamphetamines Concealed in his Anus
(7/23/2017)
Faulty Towers
Bali-based Resistance to “Bali-Crossing” High Voltage Line Grows
(7/23/2017)
All [News]!