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
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

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
Itís a Jungle Out There!
The Ritz-Carlton, Bali Says ĎThank Youí to Agents and the Press with a Night Adventure Safari Night
(4/22/2018)
Spanish Conquistador Lands at Nusa Dua
The Westin Resort Nusa Dua, Bali Welcomes Spaniar Oriol Montal As General Manager
(4/22/2018)
Stayiní Alive in Bali
SkŚl Retro Night to Celebrate the 1960s, 1970s and 1980s at AYODYA Resort Bali on Saturday, June 2, 2018
(4/22/2018)
Defaming the Most Sacred
Follow an Act of Sacrilege at a Balinese Temple, Calls Grow to Ban Tourists from Entering Sacred Areas of Balinese Holy Places
(4/22/2018)
RIP: I Gusti Ayu Raya Rasmi 1939 Ė 2018.
The Queen Bee of Balinese Dance has Died
(4/22/2018)
Here Comes the Sun
Baliís Green School Receives Donation of Solar Panels to Take Campus Off the Power Grid
(4/22/2018)
Horses for Underground Courses
Plans Being Drawn for Additional Underpass Near Gatot Kaca Monument at Baliís Airport
(4/22/2018)
You Take the Long Road and Iíll Take the Short Road
Buleleng Regency Ready to Provide Land for Construction of a 1.8-kilometer Shortcut Highway Between Bedugul and Singaraja
(4/22/2018)
Itís Not Easy Being Green
Complaining Health and Crops are Affected, Celukan Bawang Residents in Demand Halt to Building Second Coal-Burning Power Plant in North Bali.
(4/22/2018)
Mythical Bird Scheduled for August Landing in South Bali
Garuda Wisnu Kencana Monument Promised to be Complete by August 2018
(4/22/2018)
The Cruelest Bite of All
Motorcycle Taxi Driver Who Had Tongue Nearly Bitten Off in Rape Attack Sentenced to 5.5 Years Prison
(4/22/2018)
A Sporting Chance
Bali Hopes to Win Bid to Host 2024 National Sports Games (PON-XX1)
(4/23/2018)
All [News]!