Memorandum of Understanding Signing on Project Financing

Memorandum of Understanding Signing on Project Financing

08 Oct 2018
Author: Administrator

Memorandum of Understanding Signing on Project Financing of Jakarta Outer Ring Road (JORR) Elevated Cikunir – Ulujami NI together with Indonesia Infrastructure Finance (IIF) signed the memorandum of understanding on the consortium Cikunir – Ulujami at Gran Melia in Nusa Dua Bali, on October 8, 2018 to support project financing of the toll road from Cikunir to Ulujami, named as Jakarta Outer Ring Road Elevated or JORR III.
The memorandum of the project signing, with the total length of 28.26 kilometers and investment value of Rp. 22.5 trillion, was held at the Gran Melia in Nusa Dua Bali, on October 8, 2018, witnessed by the Minister of Finance, the Minister of Public Works and Housing, and the Minister of Communication and Informatics.