Hutama Karya Receives State Capital Investment of IDR 18.6 Trillion for the Trans-Sumatra Toll Road

The state capital investment for Hutama Karya will be used to complete the construction of the Trans-Sumatra toll road.

HUTAMA KARYA

Binjai Pangkalan Brandan section of the Trans-Sumatra Toll Road, North Sumatra, photographed from the air in April 2024.

BANDA ACEH, KOMPAS — PT Hutama Karya (Persero) received additional state capital participation in 2024 amounting to IDR 18.6 trillion. The additional fresh capital will be projected to build phase I of the Trans-Sumatra Toll Road and continue construction of phase II.

Executive Vice President (EVP) of the Corporate Secretary of Hutama Karya, Adjib Al Hakim, stated on Wednesday (24/4/2024) that the addition of state capital participation (PMN) for Hutama Karya has been approved by the government through Law Number 19 of 2023 concerning the State Revenue and Expenditure Budget (APBN) for 2024, which was issued on October 16, 2023. The approval is also regulated in Presidential Regulation (Perpres) Number 76 of 2023 concerning the Details of the State Budget for the Fiscal Year 2024.

"The PMN worth Rp 18.6 trillion will accelerate the development of toll roads in Sumatra, especially in completing the phase I of the Trans-Sumatra Toll Road (JTTS), as well as continuing the construction of one section of JTTS phase II," said Adjib.

Also read: Cross Sumatra Toll Roads Need to be Supported by Ease of Logistics Transport

The utilization of PMN amounting to Rp 18.6 trillion, among others, Rp 5.17 trillion for the completion of the JTTS phase I, including Binjai-Langsa (Binjai-Pangkalan Brandan section), Simpang Indralaya-Muara Enim (Simpang Indralaya-Prabumulih section), Kisaran-Indrapura, Kuala Tanjung-Parapat (Kuala Tanjung-Pematang Siantar section), Lubuk Linggau-Bengkulu (Lubuk Linggau-Taba Penanjung section), Sigli-Banda Aceh, Pekanbaru-Padang (Sicincin-Padang section), and Pekanbaru-Padang (Pekanbaru-Koto Kampar section).

The first phase of JTTS, which has been successfully built, spans 809 kilometers. As for the total sections of JTTS that have been fully operational, there are nine sections, including the Palembang-Indralaya Toll Road, Pekanbaru-Dumai Toll Road, and Terbanggi Besar-Pematang Panggang-Kayu Agung Toll Road.

PMN was also utilized for the development of the Kayu Agung-Palembang-Betung Toll Road (Palembang-Betung Section) with a distance of 69 km included in the second phase of JTTS development, amounting to Rp 13.42 trillion.

"The realization of PMN provides a multiplier effect for a number of parties, from the government, society, to companies," said Adjib.

Also read: The Trans-Sumatra Toll Road Must Be Able to Encourage New Economic Growth

In addition to the 2024 budget, they will also propose a budget in the 2025 state budget. This is because the development of phase II sections still requires financing.

From 2015 to 2023, Hutama Karya has received PMN of IDR 112.5 trillion.

Inter-provincial connectivity

The presence of the Trans-Sumatra toll road facilitates connectivity between provinces in Sumatra and with Java Island, thus promoting economic equality. During the 2024 Eid al-Fitr homecoming season, the Trans-Sumatra toll road will be crossed by more than 2 million vehicles.

"This achievement cannot be separated from the government's support through state capital injections given since 2015. From 2015 to 2023, Hutama Karya has received state capital injections of IDR 112.5 trillion," said Adjib.

One of the roads entering stage I is the Banda Aceh-Sigli road, which leaves section I (Seulimum-Padang Tiji). This section I is targeted to be completed in 2024, so that during the implementation of the National Sports Week in September 2024, it can be functionally used.

Acting Governor of Aceh, Bustami Hamzah, stated that the construction of the Aceh-North Sumatra Toll Road is highly anticipated by the people of Aceh. Bustami believes that the continuity of toll road development in Aceh will drive the development of the region in various sectors, such as the economy, trade, industry, and tourism.

Kompas

President Joko Widodo inaugurated the Sigli-Banda Aceh toll road section 4 which connects Indrapuri-Blang Bintang during his working visit to Aceh Province on Tuesday (25/8/2020).

President Joko Widodo has issued Presidential Regulation Number 42 of 2024 regarding the Third Amendment to Presidential Regulation Number 100 of 2014 on Accelerating the Construction of Toll Roads in Sumatra.

The presidential regulation mentions the construction of a toll road connecting Aceh province with North Sumatra as part of the development of toll road sections in the third phase. The change in the presidential regulation provides new hope for infrastructure development in the westernmost province of Indonesia.

However, the construction of the third phase of the toll road will only be carried out after the completion of the first and second phases.

Also read: Toll Road Opens Aceh Road to Become New Economic Epicenter in Sumatra