In his speech at the opening ceremony, Jokowi(insetpic) pledged to speed up project awards and implementation as Indonesia sought to attract fresh foreign investment into the country
JAKARTA: UEM Group Bhd, the construction arm of Khazanah Nasional Bhd, plans to expand its highway concession business in Indonesia after winning President Joko “Jokowi” Widodo approval for completing the country’s longest toll road project ahead of schedule.
The 116.8km Cikopo-Palimanan stretch(pic) was open to traffic at midnight on Sunday. PT Lintas Marga Sedaya, in which UEM Group has 55% stake, is the concession holder for 35 years.
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