PT Sarana Multi Infrastruktur is leading a syndicated loan worth IDR17.9 trillion (approximately USD1.05 billion) to finance the Yogyakarta–Bawen toll road project in Central Java, Indonesia.
The financing agreement brings together multiple banking institutions to support the development of the 75 km toll road, which is expected to enhance regional connectivity and improve transport efficiency across Central Java. The Yogyakarta–Bawen toll road forms part of Indonesia’s broader infrastructure expansion strategy, aimed at strengthening inter-city links, reducing travel time, and supporting economic activity in key growth corridors.
With PT Sarana Multi Infrastruktur acting as the lead arranger, the project reflects continued reliance on blended and syndicated financing models to fund large-scale transport infrastructure in Indonesia.