The target is that the Pandaan-Malang toll road
section will be ready to operate by the end of this year.
Pangilinan noted that the possible deals in Myanmar may be limited, nonetheless, his group is willing to scout for deals in the Southeast Asian nation, as this could form part of the company's overall Pan-Asean Toll Road
Despite its diversified interests, MPTC CEO Rodrigo Franco said PT Nusantara was still mainly a toll road
company, hence the decision to tap Metro Pacific's toll road
company for the transaction.
Under the agreement, the toll road
companies will be required to make the necessary tweaks in their toll collection systems to make them interoperable and integrated.
Correction: This story originally stated that the estimated toll road
debt was $36.
LLC, which operates the Indiana Toll Road
, the company said on Wednesday.
networks in Java include Trans Java toll road
, Non Trans Java toll roads
and Jakarta and Bogor outer ring roads .
85 km long (KM 127 + 200 through KM 136 + 050) on the Padalarang - Cileunyi Toll Road
, continued with an increment in the road capacity of the Kopo - Buah Batu Link Lane spanning 7,15 km (KM 136 + 050 through KM 143 + 200).
It is hoped the experiment will see if using the controversial toll road
will benefit business and ease congestion on the region's road network.
This will entice traffic onto the toll road
, and reduce congestion on the other, which will also reduce maintenance costs.
The "stable" outlook is grounded on Fitch's projection that Road King's toll road
cash income will counterbalance contracted sales from property development, allowing it to meet its operational requirements and debt repayment.
The few times I have taken the toll road
there seems barely any traffic on it.