PT Jasa Marga Tbk through PT Jasamarga Bali Tol raise syndicated loan amount IDR1.73 trillion from six national banks to
fund Nusa Dua – Ngurah Rai – Benoa, Bali toll road construction. The loan support
capital
capacity to finance these projects were only around 30% of the total
investment requirement which reached IDR2.4 trillion.
To support toll road construction along 10 km, 70% of its funding or IDR1.73 trillion were came from syndication loan obtained from six national banks, with 5 years tenor and 10% fixed interest rate during construction.
Three banks with the same loan portion were Bank Mandiri, BRI and BNI which amounted to IDR445 billion each. While BCA IDR200 billion, BTN IDR104 billion, and BPD Bali IDR100 billion. Nusa Dua-Ngurah Rai-Benoa toll road project has been started since March 1 and will last for 14 months until the scheduled its completion on April 25, 2013.
To support toll road construction along 10 km, 70% of its funding or IDR1.73 trillion were came from syndication loan obtained from six national banks, with 5 years tenor and 10% fixed interest rate during construction.
Three banks with the same loan portion were Bank Mandiri, BRI and BNI which amounted to IDR445 billion each. While BCA IDR200 billion, BTN IDR104 billion, and BPD Bali IDR100 billion. Nusa Dua-Ngurah Rai-Benoa toll road project has been started since March 1 and will last for 14 months until the scheduled its completion on April 25, 2013.
The project implementation was hastened in order to welcome international agenda which will be held in Bali next year, especially the Asia Pacific Summit in October 2013. Based on the evaluation, the Nusa Dua – Benoa toll road project is considered eligible to receive loan and can help create sustainable positive impact on banking and economic activities in Bali.
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