News - Connecting West Java with Central Java, this 35Km Long Toll Road is Integrated with Several Toll Roads

Connecting West Java with Central Java, this 35Km Long Toll Road is Integrated with Several Toll Roads

Mar, 13 2025

LENGKONG, AYOBANDUNG.COM -- This 35 km long toll road is a toll road that connects 2 provinces on the island of Java.

The two provinces are West Java and Central Java.

In addition to connecting West Java with Central Java, this toll road is also integrated with several other toll roads. Operating since 2010 since its inauguration, this toll road is called the Kanci - Pejagan Toll Road.

The Kanci-Pejagan toll road is a toll road located on the north coast (Pantura) which connects the West Java region to the Central Java region.

Not only connecting two provinces, this toll road also connects two toll roads on the corridor.

The two toll roads are the Kanci-Palimanan Toll Road in Cirebon and the Pejagan-Pemalang Toll Road in Brebes.

As part of the Trans Java Toll Road, this toll road was built with an investment of Rp 2.446 trillion. Stretching 35 km, this toll road is integrated with several other toll roads including the Jakarta-Cikampek, Cikampek-Palimanan, Palimanan-Kanci, Pejagan-Pemalang, Pemalang-Batang, Batan-Semarang and Cisumdawu Toll Roads.

The Kanci-Pejagan toll road is also a strategic connecting section designed with a planned speed of 120 km/hour. Where this toll road consists of a road with a number of lanes of 2x2 lanes which were later developed into 2x3 lanes. This toll road is also equipped with 3 Toll Gates (GT), namely GT Ciledug 1, GT Ciledug 2, and GT Pejagan.

In addition, this toll road also has 3 Interchanges, namely the Kanci Interchange, Ciledug Interchange and Pejagan Interchange. The Kanci-Pejagan toll road is also equipped with 2 type A rest areas, namely the rest area at KM 228 A (Java direction) and KM 229 B (Jakarta direction).

The presence of this toll road is not only as a connection between regions, but is also considered capable of cutting travel time from West Java to Central Java.

In addition, this toll road also participates in accelerating the distribution of logistics/movement of goods and people.

With the operation of this toll road, it also functions to smooth the flow of Java's north coast traffic as well as an alternative route for road users in the area and increase accessibility and development in the area.***

(SOURCE)

Pursuing Operation of Giant Hydropower Project in West Java, PLN Coordinates TKDN Issue

The State Electricity Company (PLN) is targeting the giant Upper Cisokan Hydroelectric Power Plant (PLTA) project in West Java to be commercially operational by 2028. The execution of this project has recently been delayed even though PLN has secured loans from the Bank for Reconstruction and Development (IBRD) and the Asian Infrastructure Investment Bank (AIIB) in 2022. The reason is that the international creditor loans are hampered by the domestic component level (TKDN) clause mandated by the Ministry of Industry. “Currently, PLN continues to coordinate with the Coordinating Ministry for Maritime Affairs and Investment, the Ministry of Energy and Mineral Resources, and the Ministry of Industry to resolve issues related to TKDN,” said Executive Vice President of Corporate Communications and TJSL Gregorius Adi Trianto when confirmed by Bisnis, Wednesday (24/7/2024). Greg said the project with an investment value of US$850 million has entered the procurement stage. He targets the project to be operational in 2028. On the other hand, he said, his company is also coordinating with relevant ministries and institutions to resolve TKDN issues in a number of new renewable energy (EBT) projects that use foreign grant loans (PHLN). “The Upper Cisokan PS project uses loan funds from the Asian Infrastructure Investment Bank (AIIB) and also the World Bank,” he said. This water-based power plant will have a power capacity of 4 X 260 megawatts (MW), located on the border of West Bandung and Cianjur regencies, West Java. The project has received a loan facility from IBRD, which is part of the World Bank Group with total funding of US$380 million. In addition, there is also US$230 million funding from AIIB in the form of co-financing with the World Bank with a similar scheme. PLN received an interest rate with a long tenor of 24.5 years. The Cisokan hydropower plant was built using Roller Compacted Concrete (RCC) where the upper and lower dams utilize the water resources of the Cisokan River, which is a tributary of the Citarum River. PLN will first build a dam from upstream to downstream as well as 27 kilometers of electrical infrastructure along the river. Through pumped storage technology, when the electricity load is at peak, this hydropower plant can flow the water discharge system so that it can rotate the turbine and provide additional electricity supply. Meanwhile, when the Java Bali electricity load is down, this hydropower plant can immediately restore water discharge through the tunnel. As previously reported, the Ministry of Energy and Mineral Resources (ESDM) is convincing a number of multilateral lenders to channel loans to new and renewable energy (EBT) projects in Indonesia. Funding commitments from international lenders have recently stalled due to the issue of clauses to fulfill TKDN provisions. Director General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources Eniya Listiani Dewi said that she had convinced a number of lenders about the current changes in domestic TKDN regulations. “We have announced yes, meaning sharing with various investment funding lenders that there are improvements in the regulations,” Eniya said when confirmed, Thursday (07/18/2024). Meanwhile, the regulatory improvement is related to the government's decision to separate the TKDN of EBT projects which will be regulated by the Ministry of Energy and Mineral Resources from the TKDN of components or goods which are under the authority of the Ministry of Industry. Eniya said that the regulation at the level of ministerial regulation (Permen) of ESDM which regulates the TKDN of EBT projects has been harmonized recently. The Ministry of Energy and Mineral Resources revealed that there are 14 EBT power plant projects that are constrained by funding due to the polemic over the clause of fulfilling the TKDN provisions. Four of the projects already have funding agreements from the Asian Development Bank (ADB), World Bank, Japan International Cooperation Agency (JICA), and other financing institutions with a total investment commitment of more than US$1 billion. The four projects include the Cisokan Hydroelectric Power Plant (1,040 MW), Huluais Geothermal Power Plant (110 MW), Kumbih Hydroelectric Power Plant (45 MW) and Sawangan Hydroelectric Power Plant (16.6 MW). Meanwhile, there are 10 other projects that have not reached agreements with lenders regarding the provisions of the TKDN clause in the power purchase agreement (PPA) with PT Perusahaan Listrik Negara (Persero) or PLN. The ten projects that have stalled in negotiations include the Bakaru 1 hydropower plant (126 MW), Bakaru 2 hydropower plant (140 MW), Kalibumi Minihydro Power Plant (6.35 MW), Lapai 1 hydropower plant (5.31 MW), Riorita hydropower plant (2.5 MW), Dieng 2 hydropower plant (55 MW), Patuha 2 hydropower plant (55 MW), and Masang 2 hydropower plant (44 MW). SOURCE

Jul, 25 2024

Indonesia's economy remains strong amid global uncertainty

Governor of Bank Indonesia (BI) Perry Warjiyo speaks during the Announcement of the Results of the June 2024 BI Board of Governors Meeting in Jakarta, Thursday (20/6/2024). ANTARA/Martha Herlinawati Simanjuntak Jakarta (ANTARA) - Bank Indonesia (BI) said Indonesia's economic growth remains strong amid global uncertainty, supported by the policy mix of Bank Indonesia and the government. "Private consumption grew well along with maintained purchasing power and strong consumer confidence," BI Governor Perry Warjiyo said in the Announcement of the Results of the June 2024 BI Board of Governors Meeting here on Thursday. In addition, Perry said investment increased, both building and non-building investment, in line with the continuation of government infrastructure projects and improved private investment. Increased domestic demand in the second quarter of 2024 was reflected in the positive performance of a number of household consumption and investment indicators, such as the Consumer Confidence Index, Real Sales Index, and Manufacturing Purchasing Managers' Index (PMI). Furthermore, goods exports increased driven by an increase in mining and manufacturing exports to major trading partners, such as China and India. Services exports also improved on the back of economic recovery in the countries of origin of foreign tourists. (SOURCE)

Jun, 24 2024

Optimistic that Investment Reaches IDR 1,650 Trillion, Can Control 61 Percent of Freeport Shares

DAILY DISWAY - Minister of Investment/Head of the Investment Coordinating Board Bahlil Lahadalia is confident that the 2024 presidential election will be held in one round. That's why he also believes that the conducive political situation will enable Indonesian investment this year to reach the target of IDR 1,650 trillion. So, Indonesia can achieve economic growth of above 5 percent. "Hopefully what the KPU decides can only last one round. "Because we see that the difference is very large, but we are waiting for the KPU's decision," said Bahlil at the 2024 Post-Election Investment Prospects press conference at his office, Monday, March 18 2024. Of the total investment target, Bahlil detailed that Foreign Direct Investment (PMA) remains the same as last year. Namely a minimum of 52 percent. This is because the global economy has not yet recovered and stabilized. Moreover, the current geopolitical situation is still characterized by tension in the Middle East. Also Ukraine and Russia where there are still no signs of recovery. So, many countries are already experiencing a recession. Bahlil reported that investment realization from January to December 2023 reached IDR 1,418.9 trillion. This figure was recorded as 101.3 percent of the target set at IDR 1,400 trillion. The investment realization achievement consisted of PMA of IDR 744 trillion or 52.4 percent of the target. Then, another 47.6 percent was Domestic Investment (PMDN) or IDR 674.9 trillion. And the largest investment realization occurred outside Java with achievements reaching IDR 730.8 trillion or 51.5 percent of the target. Meanwhile, realization on the island of Java was recorded at 48.5 percent or reaching IDR 688.1 trillion. Of this total investment, it has absorbed 1.8 million Indonesian Workers (TKI). Bahlil also resolved stalled investments. Namely IDR 558.7 trillion or around 78.9 percent of the total IDR 708 trillion. The remaining amount, amounting to IDR 149.3 trillion, said Bahlil, was difficult to complete due to a number of obstacles."We can no longer make improvements. This is because it can no longer be executed, due to the companies experiencing internal difficulties," he said. Furthermore, he explained various positive developments in the realization of other investments. Among them is the PT Lotte Chemical Indonesia factory in Cilegon with an investment of IDR 59.4 trillion. This investment is the result of completion of stalled investment since 2016. Now the progress of investment realization has reached 85 percent. It is estimated that production will start this year. The resulting products will be import substitutes. The composition is 70 percent for domestic needs and 30 percent for exports. Bahlil then emphasized that his party was accelerating the revision of Government Regulation (PP) number 96 of 2021 concerning the Implementation of Mineral and Coal Mining Business Activities. If the regulations are complete, Bahlil said, the government will increase its shares in PT Freeport Indonesia (PTFI) by 10%. From the previous 51% to 61%. The revision of PP 96 was brought to a Limited Meeting (Ratas) with the President of the Republic of Indonesia Joko Widodo some time ago. With this revision, said Bahlil, there will be adjustments and acceleration in the framework of sustainable investment. "If that happens and the potential for additional Freeport shares in Indonesia becomes 61 percent, it means that Freeport no longer belongs to someone else, but already belongs to us," he said. Under the current regulations, a new contract extension can be submitted no sooner than 5 years before the contract ends. And no later than 1 year before the contract ends. "We changed it because it is integrated with the smelter," he explained. Apart from that reason, specifically for PT Freeport Indonesia (PTFI), for example, applications for contract extensions can be made immediately. Remembering that there must be certainty regarding investment. Especially for carrying out production at the company's mines. "In 2035, Freeport's production will start to decline, while we will explore underground for at least 10 years," continued Bahlil. So, he said, if we start thinking about extending it until 2035, there will be a vacuum of approximately 5-10 years. (SOURCE)

Mar, 21 2024

Great Potential of Cirebon Regency as an Investment Magnet

Cirebon - Cirebon Regency is increasingly showing signs as one of the strategic regions in West Java. Cirebon is also becoming a magnet for investment. Located in the Rebana Area (Cirebon-Patimban-Kertajati), the regency spans 1,070.29 km² consisting of 40 districts, 412 villages, and 12 urban villages, with a population of 2,489,046 people. Not only is it geographically advantageous, Cirebon Regency also has a coastline of 77.97 kilometers with coastal waters covering an area of 399.6 km². It borders directly with Cirebon City, Indramayu Regency, the Java Sea to the north, Kuningan Regency to the south, Majalengka Regency to the west, and Central Java Province to the east, making it a strategic point for economic development and investment. Deputy Regent of Cirebon, Agus Kurniawan Budiman, stated that the great potential owned by Cirebon Regency has attracted the attention of several investors, both domestic and foreign. "Based on the Investment Activity Report (LKPM) for the first quarter of 2025, foreign investment realization (PMA) reached Rp 347.5 billion. Meanwhile, domestic investment realization (PMDN) reached Rp 530.7 billion," Agus revealed during an interview on Thursday (22/5/2025). The leading sectors dominating investment in Cirebon include the Leather Goods and Footwear Industry with Rp 193.4 billion, Other Industries Rp 109.6 billion, Trade and Repairs Rp 98.5 billion, Motor Vehicle and Other Transportation Equipment Industry Rp 95.5 billion, and Other Services Rp 93.1 billion. "With these various potentials, Cirebon Regency continues to strengthen its position as one of the new economic growth centers in the Rebana area and also as a driving force for investment in West Java," he concluded.[SOURCE]

Oct, 30 2025

West Java Targets 6% Economic Growth by 2026

BANDUNG, investor.id – The West Java Provincial Government is targeting economic growth of 5.5% to 6% by 2026. This optimistic target is driven by massive development activities, particularly infrastructure, which will have a significant impact on increasing labor absorption and industrial production capacity. The Regional Secretary (Sekda) of West Java Province, Herman Suryatman, explained that West Java's current economic growth rate is already above the national average of 5.2%. Herman is confident this positive trend will continue next year. "Next year, we are optimistic that we can reach 5.5% to 6%," Herman said in Bandung, Tuesday (December 9, 2025), as quoted by Antara. Referring to Statistics Indonesia (BPS) data, West Java's economy, based on Gross Regional Domestic Product (GRDP) at current prices in the third quarter of 2025, reached IDR 759.80 trillion and at constant 2010 prices reached IDR 461.90 trillion. West Java's economy grew 5.20% year-on-year (yoy) in the third quarter of 2025. From the production side, the Corporate Services Sector experienced the highest growth at 16.37%. From the expenditure side, the Gross Fixed Capital Formation (PMTB), or investment, experienced the highest growth at 5.27%. According to Herman, achieving the 2026 target requires solidity across all sectors and strong leadership to accelerate development in West Java. In addition to infrastructure and increased investment, West Java's economy will also be supported by strengthening industrial production activities. Herman added that the West Java Provincial Government's revenue realization has currently reached 85% to 90% of the target, and he is confident that this figure can reach above 95% by the end of 2025. West Java's economic optimism is also supported by its solid foreign trade performance. Herman stated that West Java's foreign trade surplus remains strong, as evidenced by the high value of exports. West Java's export performance from January to October 2025 reached US$32.25 billion, representing a 2.31% year-on-year increase. Meanwhile, imports reached US$9.98 billion, a 7.66% year-on-year decrease. Thus, West Java's foreign trade balance recorded a surplus of US$22.27 billion from January to October 2025, and a volume surplus of 3.47 million tons. West Java recorded the largest trade surpluses with the United States, the Philippines, Thailand, and Vietnam. [SOURCE]

Dec, 24 2025

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