The Islamic Development Bank (IsDB) has signed a cooperation agreement with the Government of Indonesia to provide USD150 million in funding for the second phase of the Trans South-South Road Infrastructure (TRSS-2) in Java. Additional financing has also been secured from the Asian Development Bank (ADB) for the project. Total cost of the TRSS-2 project is estimated to be around USD450 million.
Under the road infrastructure project, 67.78 km of new toll roads will be constructed in East Java and DI Yogyakarta as well as a 443-metre bridge. The roads will pass through the districts of Tulungagung, Blitar, Malang, and Bantul. The Ministry of Public Works and Public Housing’s (PUPR) Directorate General of Highways (DGH) will be in charge of the road and bridge construction.
