Posted On : 08-11-2017

BCA Distributes Japek II Toll Road Development Loan

BCA Salurkan Kredit Pembangunan Tol Japek II

The Bank BCA continues to provide support for infrastructure projects in Indonesia. BCA shows the commitment by distributing a syndicated loan along with other financial institutions to PT Waskita Karya as the official contractor of Cikampek II Elevated Toll Road Project in the amount of Rp 1.44 trillion of the total syndicated facility of Rp5.14 trillion.

With the total value of the project contract worth Rp13.53 trillion, PT Waskita Karya Tbk signed a Joint Operation (KSO) with PT Acset Indonusa Tbk as the leader contractor for the construction of Jakarta-Cikampek II (Japek II) Elevated Toll Road, which is a toll road project of PT Jasamarga Jalan layang Cikampek, with the length of 36.84 km, from Cikunir to West Karawang and directly connected to the TransJawa toll road.

The Syndacated Loan Agreement was signed by Senior Vice President of Corporate Banking of BCA Yuli Melati, Senior Vice President of Corporate Finance of BCA Susiana Santoso, Head of Corporate Branch of BCA Dhejani Surjadi, and witnessed by Senior Executive Vice President of BCA Wira Chandra. 

The construction of the Jakarta-Cikampek toll road is currently on progress and is expected to finish in Maret 2019.

As of September 2017, Yuli stated that BCA has disbursed an outstanding loan for infrastructure worth of Rp25 trillion, including the toll roads, power plants, railways and hydroelectric power plants.

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