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Makassar - Parepare Railway

Date : 06 April 2019


The first project with the Government and Business Entity Cooperation (PPP) scheme in the railway transportation sector was officially signed. The Makassar-Parepare Railway PPP Project is the first PPP project in the transportation sector within the Republic of Indonesia Ministry of Transportation.

Project Information

   Location

  Makassar - Parepare

   Project Value

  IDR 1,1 Trillion

  Track

  142,0 Km

  Scheme

  Availability Payment (AP)

   CA

  Ministry of Transportation

  Business Entity

  PT Celebes Railway Indonesia

  Guarantee Agreement

  April 6, 2019

  Duration

  18,5 Years

 

The Makassar Railway PPP Project - Parepare adopts the Build Operate Transfer (BOT) scheme with a capital expenditure value of Rp 1 Trillion and an operating cost of Rp 1.1 Trillion, with a concession period of 18.5 years. The project with the Availability Payment (AP) scheme will serve an area covering 5 Regencies / Cities in South Sulawesi province, namely Maros Regency, Pangkajene and Kepulauan Regency, Barru Regency, Makassar City and Parepare City.

On the occasion, the Indonesian Minister of Transportation, Budi Karya Sumadi, expressed his gratitude and appreciation to all those who have worked hard to realize the Makassar-Parepare Railway PPP Project which is an achievement for the Indonesian Ministry of Transportation in applying a new scheme of financing innovation for Government infrastructure provision, namely PPP in the transportation sector.

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