Netherland-based APG Asset Management and Abu Dhabi Investment Authority (ADIA) have launched a USD2.75 billion toll road investment platform in Indonesia with an initial investment in the Trans Java Toll Road project. The platform will cover works on the Kanci-Pejagan and Pejagan-Pemalang sections of the toll road project with financial support from the Indonesia Investment Authority (INA).
The sections will link key industrial hubs and ports in Central and West Java. Moreover, the ADIA is also allocating funds for the development of other key toll road projects in Indonesia.
