TOLL ROAD INVESTMENT OPPORTUNITIES IN INDONESIA Ministry of Public Works

TOLL ROAD DEVELOPMENT PROGRESS General Planning : 3.087,88 km (Minister Decree Public Works No. 369/2005 jo Minister Decree Public Works No. 280/2006 jo Minister Decree Public Works No. 360/2008 concerning General Planning of National Road Network) Realisation 1978 –2010 : 741,97 km Realisation 1978-2004 (Base on UU No. 13/1980) : 610,62 km Realisation 2004-2010 (Base on UU No. 38/2004) : 131,35 km On going (BOT) 20 toll road : 736,62 km, Investment U$. 7.723,03 M (land acquisiting and constructing) On going (PPP Scheme) 2 toll road : 177,12 km, Investment U$. 1.057,68 M (consession agreement process, land acquisitIng and constructing) (Goverment: 59,95 km, Investment U$. 453,54 M) Construction by Government (1 Toll Road On Going : Akses Tanjung Priok) : 9,48 km, Investment U$. 262,71 M (4 Toll Road (Plan)) : 28,15 km, Investment U$. 275,20 M Consession Agreement Preparation (4 Toll Road) : 154,24 km, Investment U$. 1.144,86 M Tender Preparation (31 Toll Road) : 1.302,16 km, Investment U$. 1.571,69 M 1 2 3 4 5 6 7 1 U$ Dollar = Rp 8.968,- (BI rate per 27 Agustus 2010)

Feasible to be built if EIRR value is positive BUSINESS SCHEME OF TOLL ROAD (Article 43 (2) Law 38/2004 Concerning Road and Article 19-23 Government Regulation 15/2005 Concerning Toll Road) On Going BOT : FIRR (+) a+b+c : Private Company Link : 20 Link Length : 736,62 km Investment : U$. 7.074,31 M Feasible to be built if EIRR value is positive EIRR TOLL ROAD (+) DBO/DBL : FIRR (-) a+b : Government c : Private Company Link : 1 Link Length : 9,48 km Investment : U$. 262,71 M c b a PPP : FIRR (Marginal) a+b : Government b+c : Private Company Link: 2 Link Length : 179,00 km Investment : U$. 902,83 M a : Land Acquisition b : Construction c : Operation and Maintenance Example: Case 1: BOT for Toll Road Commonly Case 2: Akses Tanjung Priok Case 3: PPP Solo – Kertosono Toll Road

TOLL ROAD

TRANS JAVA TOLL ROAD No Toll Road Length (km) Investor Information : Bandung Jawa Barat Jakarta Serang Surabaya Yogyakarta Semarang DKI Banten DIY Jawa Tengah Jawa Timur Kertosono Mojokerto Pejagan Pemalang Batang Cikampek Palimanan Solo Ngawi Pasuruan Probolinggo Banyuwangi Kanci Sukabumi Ciranjang Demak Malang Pandaan Gempol Bogor 321 KM 178 KM 78 KM 10 TRANS JAVA TOLL ROAD PRIORITY 652 KM 76 KM 1 2 4 3 6 5 7 8 9 10 Operation Land Acquisition Land Acquisition and Construction Tender Preparation INFORMATION : No Toll Road Length (km) Investor 1 Cikopo-Palimanan 116 PT Lintas Marga Sedaya 2 Kanci-Pejagan )* 35 PT Semesta Marga Raya 3 Pejagan-Pemalang 57,5 PT Pejagan Pemalang Tol Road 4 Pemalang-Batang 39 PT Pemalang Batang Tol Road 5 Semarang-Batang 75 PT Marga Setiapuritama 6 Semarang-Solo 75,7 PT Trans Marga Jateng 7 Solo-Ngawi )** 90,1 Kerjasama Pemerintah-Swasta (PPP) 8 Ngawi-Kertosono )** 87,02 9 Kertosono-Mojokerto 40,5 PT Marga Hanurata Intrinsic 10 Surabaya-Mojokerto 36,27 PT Marga Nujyasumo Agung Jumlah 652,09 Information : * : Toll road operation ** : Toll road without revolving fund support

NON TRANS JAVA TOLL ROAD Bandung Jawa Barat Jakarta Serang Surabaya Yogyakarta Semarang DKI Banten DIY Jawa Tengah Jawa Timur Mojokerto Pejagan Pemalang Batang Cikampek Palimanan Solo Ngawi Pasuruan Probolinggo Banyuwangi Kanci Sukabumi Ciranjang Demak Malang Pandaan Gempol Bogor Potongan Melintang 1 2 Operation Land Acquisition Land Acquisition and Construction Tender Preparation INFORMATION : 6 4 5 3 NON TRANS JAVA TOLL ROAD Kertosono

Jakarta (Cawang) – Cikampek NON TRANS JAVA TOLL ROAD (JABODETABEK) Penjaringan Serpong Cengkareng Cakung Cinere Cilincing (Rorotan) Cibitung Kunciran Kb. Jeruk Ulujami Kabupaten Tangerang Bogor Bekasi Jakarta - Tangerang (27 km) Tangerang - Merak (72,5 km) Pd. Aren - Ulujami (5,5 km) Serpong - Pd. Aren (7,25 km) Cawang – Tomang - Pluit (23,5 km) Harbour Road (11,5 km) Ir. Wiyoto Wiyono (15,5 km) Prof. Dr. Sediyatmo (14,3 km) Jakarta (Cawang) – Cikampek (72 km) Jakarta – Bogor - Ciawi (59 km) Operation Land Acquisition and Construction Land Acquisition Propinsi DKI Jakarta 2 3 4 5 6 7 8 1 9 Construction Rawa Buaya Sunter Pulo Gebang Kp. Melayu Kemayoran Concession Agreement Preparation

SURABAYA METROPOLITAN TOLL ROAD Jalan Tol Surabaya - Gresik Gempol Rencana Mojokerto SS Waru Juanda Tj Perak tahap II Jembatan tol Suramadu Beroperasi Pelaksanaan Konstruksi Penrusan oleh Investor Tender Investasi I Tender Investasi II dan III OPERASI DALAM PELAKSANAAN KONSTRUKSI SUDAH ADA INVESTOR JALAN TOL SURABAYA GRESIK GEMPOL RENCANA JALAN TOL MOJOKERTO SS WARU JUANDA Bandara Baru WARU (ALOHA) TJ. PERAK LINGKAR TIMUR TAHAP II JEMBATAN TOL SURAMADU N E W S Rencana Operasi Operasi

EAST JAVA CORRIDOR TOLL ROAD Probolinggo - Selat Madura N Surabaya Kamal Gresik Gempol Pasuruan Pandaan Malang Legend Toll Road In Operation Planned Toll Road Non Toll Road Toll Road Madura Bridge Toll P. Madura Jawa Timur P. BALI Tulung Agung Blitar Kediri Mojokerto Lum ajang Jember Panarukan Nagara Gilimanuk Bojonegoro Ketapang EAST JAVA Kertosono Bondowoso Banyuwangi MADURA ISLAND SURABAYA

REGULATION ASPECTS

ROAD : Law No. 38/2004 TOLL ROAD : Government Regulation No. 15/2005, as amanded with Government Regulation No. 44/2009 LAND ACQUISITION FOR THE PURPOSE OF PUBLIC FACILITY DEVELOPMENT : Presidential Regulation No. 36/2005, with Revisions in Presidential Regulation No. 65/2006 PUBLIC PRIVATE PARTNERSHIP IN THE PROVISION OF INFRASTRUCTURE : Presidential Regulation No. 67/2005, as amended with Presidential Regulation No. 13/2010 INDONESIA TOLL ROAD AUTHORITY : Minister of Public Works Regulation No. 295/PRT/M/2005, as amended with Minister of Public Works Regulation No. 27/PRT/M/2009 MINIMUM STANDARD OF SERVICE : Minister of Public Works Regulation No. 392/PRT/M/2005 IMPLEMENTATION GUIDELINES TO CONTROLING AND MANAGING INFRASTRUCTURE PROVISION : Minister of Finance Regulation No. 38/2006

GUIDELINES OF TOLL ROAD MANAGEMENT PROVISION : Minister of Public Works Regulation No. 27/PRT/M/2006 USING OF BUSINESS ENTERPRISE’S FUND FOR LAND ACQUISITIONS : Minister of Public Works Regulation No. 10/2006 TECHNICAL GUIDELINES FOR TOLL ROAD RESEARCH, DEVELOPMENT, AND UTILIZATION : Minister of Public Works Regulation No. 01/PRT/M/2007 TECHNICAL GUIDELINES FOR TOLL ROAD AND ACCESS ROAD MAINTENANCE : Minister of Public Works Regulation No. 02/PRT/M/2007 THE MECHANISM FOR THE USE OF REVOLVING FUNDS FOR THE PURPOSE OF LAND ACQUISITION FOR TOLL ROAD DEVELOPMENT : Minister of Public Works Regulation No. 04/PRT/M/2007 THE MECHANISM FOR IMPLEMENTATION OF GOVERNMENT SUPPORT FOR THE PURPOSE OF LAND ACQUISITION OF TOLL ROAD DEVELOPMENT FUNDED BY BUSINESS ENTERPRISE : Minister of Public Works Regulation No. 12/PRT/M/2008

Toll Road Tender Preparation

PRIORITY PROJECT CRITERIA PRIORITY PROJECT a. Included in PPP Potential Project Plan or Proposed by contracting agency as unsolicicited project; b. Based on Pre-Feasibility, the project is feasible from legal, technical, and finanial aspect; c. Risk identification and allocation has been identifined; d. PPP mode has been defined; e. Government support has been identified (for marginal project).

PRIORITY PROJECT

POTENTIAL PROJECT CRITERIA POTENTIAL PROJECT a. Conformity with the national/regional midterm development plan and the infrastructure sector’s strategic plan; b. Conformity of the project’s location with the Regional SpatialPlanning; c. Lingkage between the infrastructure sectors and the regional areas; d. Cost recovery potential; e. Preliminary Study.

POTENTIAL PROJECT

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