ppp project digest -...

PPP – PROJECT DIGEST

2

19 Sectors Covered for PPP in Indonesia

2

CONNECTIVITYRoad Toll Roads

Toll Bridges

Roads

URBAN INFRASTRUCTURE

SOCIAL INFRASTRUCTURE

Transportation Seaports

Airports

Railways

Road transportation

Electricity Power plants

Transmission

Energy conservation Street lighting

Telecommunication & Informatics Fiber optics

E-government

Satellite

Water supply

Waste management system

Water resources & irrigation

Localized waste water management

Centralized waste water management

Public housing

Urban facility Traditional market

Tourism

Education facilities

Sports, art & culture facilities

Health

Zone/ Estates

Penintentiary

Oil, Gas, and Renewable energy

3

1. Yogya - Bawen Toll Road

2. Surakarta Street Lighting

3. Multifunction Satellite4. National Integrated

Welfare System5. Dharmais Cancer

Hospital6. Nusakambangan

Industrial Correctional Facility

7. Correctional Facility Relocation (Ciangir)

1. Semarang – Demak Toll Road

2. Surabaya - Madura Toll Bridge

3. Medan Municipal Transport (LRT)

4. Pekanbaru Regional Water Supply

5. University of Sam Ratulangi Teaching Hospital

6. Sidoarjo General Hospital7. Pirngadi Hospital

1. Manado - Bitung Toll Road

2. Balikpapan -Samarinda Toll Road

3. Pandaan - Malang Toll Road

4. Batang - Semarang Toll Road

5. Serpong - Balaraja Toll Road

6. Umbulan Water Supply

7. Central Java Power Plant

8. West Palapa Ring9. Central Palapa Ring10. East Palapa Ring

Preliminary study

Outline Business Case(OBC)

Final Business Case(FBC)

PQ Request forProposal

Bid AwardPPP Agreement

SigningFinancial Close

TenderPreparation

1. Serang -Panimbang Toll Road (Government side 33 km)

2. West Semarang Water Supply

3

Solicited PPP Project Pipeline10 under construction projects and 33 on progress projects

1. Riau Non-Toll Road

2. South Sumatera Non-Toll Road

3. Labuan bajo Airport

4. Makassar-parepare Railway

5. UNDIP’s Marine Institute

6. ITB Cirebon7. UIN Malang

Dormitory8. UGM Teaching

Hospital9. UIN Jakarta

Teaching Hospital10. UIN Makassar

Teaching Hospital11. Udayana

Teaching Hospital

1. Jakarta -CikampekSouth Toll Road

2. Probowangi TollRoad

3. Cisumdawu TollRoad

4. Serang -Panimbang TollRoad (PPP 51 km)

5. Bandar LampungWater Supply

6. Nambo RegionalWasteManagement

TOTAL: US$ 3.0 billion + 11 under calculation projects TOTAL: US$ 4.0 billion TOTAL: US$ 7.8 billion

PLANNING PREPARATION TRANSACTION CONSTRUCTION

Data per 21/02/2018

44

Unsolicited PPP Project Pipeline2 under construction projects and 3 on progress projects

4

.

Financial

Close

Construction

2 Toll Road Projects

• Krian– Legundi –Bunder – Manyar(US$ 0.9 billion)

• Jakarta – CikampekElevated II

(US$ 0.1 billion)

1.0 Billion USD

Construction

Jatiluhur Water Supply(US$ 123.7 million)

1. Karian Water Supply

2. TOD Poris Plawad

Project proponent submits

a proposal and pre-FS

document to GCA

• Pre-FS document evaluation to

get pre-FS approval;

• GCA gives the rights to project

proponent to prepare FS

Business Entity

submits FSFS evaluation Procurement

PPP

Agreement

Signing

Issuing approval letter:

1. Establishing the project as an

Unsolicited Project;

2. Establishing the business entity as

the project initiator.

Private asthe project innitiator

(UNSOLICITED)

Technically integrated with the sector’s master plan

Economically and financially viable

The business entity that proposes the initiative has adequate financial capability to finance the project.

Evaluation Criteria

Compensation option

to the project initiator

Additional mark of 10% on the

procurement scoreRight to match

The GCA purchase the PPP initiative

Data per 21/02/2018

PPP PROJECTSUNDER TRANSACTION

5

6

Description :

Serang – Panimbang Toll Road is located in Banten

Province where the toll reaches from Jakarta to Tanjung

Lesung Special Economic Zone. Furthermore, one of the

attractive points for the development of this toll road is

that it will have tremendous facilities, such as the

development of residential areas and commercial areas

along the corridor. The return on investment for this

project is through Availability Payment method.

Sector: Road Sub-Sector: Toll Road

Estimated Project Cost : US$ 251.9 million

Government Contracting Agency : Indonesia Toll Road Authority (“BPJT”)Contact Person : Mr. Herry Trisaputra Zuna (Head of BPJT)

+62-21-7258063; e-mail: [email protected] or [email protected] Concession Period : 40 years

Financial Feasibility:FIRR : 10.52%NPV : US$ 5.5 million

Business Opportunity:Transaction adviser/bidder/financier

Project Status:Project is currently on PQ phase

Indicative Government Support & Guarantee: Several risks from the Government which can be

potentially guaranteed by IIGF.

Indicative Project Structure

SERANG – PANIMBANG TOLL ROAD (33 KM)LOCATION: West Java

Implementation Schedule (ETA):1. Preparation : 20162. Land Acquisition : 20173. Construction : 20184. Operation : 2019

Public

Service

Agency (BLU)

BPJT

Creditor

Toll Revenue

mailto:[email protected]


7

Description :

Serang – Panimbang Toll Road is located in Banten

Province where the toll reaches from Jakarta to Tanjung

Lesung Special Economic Zone. Furthermore, one of the

attractive points for the development of this toll road is

that it will have tremendous facilities, such as the

development of residential areas and commercial areas

along the corridor.





Financial Feasibility:FIRR : 9.90% (without Government in-Kind) or

12.19 % (with Government in-Kind)NPV : US$ 46.4 million

Project Status:Project is currently on PPP Agreement Signing phase

Indicative Government Support & Guarantee:VGF (the financial calculation is assumed at US$ 192.6 million), several risks from the Government which can be potentially guaranteed by IIGF.


SERANG – PANIMBANG TOLL ROAD (51 KM)LOCATION: West Java

Public

Service

Agency (BLU)

BPJT

Creditor

Toll Revenue

Implementation Schedule (ETA):1. Preparation : 20162. Land Acquisition : 20173. Construction : 20184. Operation : 2019



8

Description :

Traffic volume through the Jakarta - Cikampek toll road

capacity has exceeded the V/C ratio high of 1.51. The

Corridor plan of this Section toll road is located in the

area of the administration of the West Java Province

with: the city of Bekasi, Bogor District, Bekasi District,

Karawang, and Purwakarta District.


Estimated Project Cost : US$ 1,367.0 million



Implementation Schedule (ETA):1. Preparation : 20172. Land Acquisition : 2017 - 20183. Contract Award : 20174. Construction : TBC5. Operation : TBC


Indicative Government Support & Guarantee:Project’s authorization risk, construction delay risk and payment risk. Statement from Government to guarantee this project is also required.


JAKARTA – CIKAMPEK II SOUTH SECTION TOLL ROADLOCATION: Bekasi, West Java


SPV(BUJT)

PT PII

National Toll Road Authority

(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )

TariffGovernment and SPV Obligations

Ministry of

Finance

Regress Payment

Co-guarantee Agreement with Ministry of Finance

IC-3

IC -2



9

Description :This project is expected to play an integral part of East Java Road System. It is 172 km in length which connected Probolinggo and Banyuwangi, crossing three districts in East Java including Situbondo district. Each district has different potential resources which still should be developed.





Implementation Schedule (ETA):1. Preparation : 20172. Land Acquisition : 2017 - 20183. Contract Award : 20174. Construction : TBC5. Operation : TBC

Financial Feasibility:IRR : 11.8%NPV : US$ 45.9 million

Indicative Government Support & Guarantee:Detail assessment of the required Government support and guarantee, in terms of form and scale, for the project is needed. It will be identified and specified in the subsequent studies.


PROBOLINGGO – BANYUWANGI TOLL ROADLOCATION: East Java


SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




10

The Cileunyi – Sumedang – Dawuan Toll Road project is will provide direct access for transporting agricultural and manufacturing goods as well as services produced from these areas to the port city of Cirebon. This toll road is urgently required to shift some of the development to the east side of Bandung.




+62-21-7258063; e-mail: [email protected] or [email protected] Concession Period : N/A

Implementation Schedule (ETA):1. Preparation : 2017 2. Land Acquisition : 2017 - 20193. Contract Award : 2017 - 20194. Construction : 2017 – 20195. Operation : TBC

Financial Feasibility:FIRR : 14.2 %NPV : US$ 19.0 million

Indicative Government Support & Guarantee: Construction support from Government for

approximately 29 km; Several risks from the Government is guaranteed by

IIGF.


CILEUNYI – SUMEDANG – DAWUAN TOLL ROADLOCATION: West Java

Investor(s) :PT Citra Karya Jabar Tol

Project Status :

Project is currently on PPP Agreement Signing phase

SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




Description :Jatiluhur Regional Water Supply is a drinking waterfacility with 5000L/s out flow generated. This watersupply system (Karawang Regency, Bekasi Regency,Bekasi City, and DKI Jakarta) covers the construction ofintake, transmission pipeline, water treatment plant(WTP), and main development network.

Sector: Water Supply Sub-Sector: Water Supply


Government Contracting Agency : Director of Perum Jasa Tirta 2Contact Person : Mr. Djoko Saputro

+62-264-201972; e-mail: [email protected] Concession Period : 30 years

Implementation Schedule (ETA):1. Preparation : 2013 - 20142. Land Acquisition : 20163. Construction : 20184. Operation : 2022


Business Opportunity:Bidder/financier

Project Status:Evaluation of Feasibility Study (Unsolicited Project)

Indicative Government Support & Guarantee:For Unsolicited Project, the project initiator will get a benefit to choose the compentation (additional 105 point on the procurement score, right to match, or purchasing initiative ideas by GCA0


JATILUHUR REGIONAL WATER SUPPLY ILOCATION: DKI Jakarta – West Java

1111

Business Entity

Business Entity

Business Entity

SPV

Ministry of Public Works and

Housing

Perum Jasa Tirta 2 (GCA)

PAM JayaDKI Jakarta

PDAM Tirta PatriotBekasi City

PDAM Tirta BhagasiBekasi Regency

PDAM Tirta TarumKarawang Regency

Development Partners(consultant/contractor/ve

ndor)WTP Operator

delegatesas GCA

bulk watersale and purchase agreement

BOT Agreement30 years

investmentin shares X%

investmentin shares Y%

investmentin shares Z%

ConstructionAgreement

OperationalAgreement

12

Description :West Semarang Water Supply project is built with a capacity of 1,000 liters per second. The service area is planned to serve three (3) subdistricts divided into five (5) service zone zones. This project gets Project Development Fund from Ministry of Finance for Final Business Case Preparation and Transaction Advisor Support.



Government Contracting Agency : Director of PDAM Tirta Moedal, Municipal Government of SemarangContact Person : Muhammad Farchan (Director of PDAM Tirta Moedal Semarang Municipal);

+62248315514; e-mail: [email protected] Concession Period : 27 years

Implementation Schedule (ETA):1. Preparation : 20172. Land Acquisition : 20183. Construction : 2019 - 20204. Operation : 2021



Project Status:Project is currently on PQ phase

Indicative Government Support & Guarantee:Project Development Fund from Ministry of Finance forFinal Business Case Preparation and Transaction AdvisorSupport.


WEST SEMARANG WATER SUPPLYLOCATION: Central Java


13

Description :Bandar Lampung Water Supply project is a joint project between government and business entity in order to increase the coverage of drinking water services for society in Bandar Lampung from 20% (2015) to 46% (2024) and improving environmental sanitation, living standards, and public health. This project gets Viability Gap Fund from Ministry of Finance.



Government Contracting Agency : Way Rilau Regional Water Supply Company (“PDAM”)Preparation Agency : PT SMI through PDF from Ministry of Finance Contact Person : Mr Supardji (Technical Director of PDAM)


Implementation Schedule (ETA):1. Preparation : 20172. Contract Signing : 20183. Financial Close & Construction : 20194. Operation : 2020


Indicative Government Support & Guarantee:The project will require VGF from the Ministry of Finance, financial project support from the Ministry of Public Works and Housing and the City Government of Bandar Lampung. Project guarantee from IIGF may be required.


BANDAR LAMPUNG WATER SUPPLYLOCATION: Lampung

Investor(s):Bangun Cipta Contractor – Bangun Tjipta Sarana


14

Description :Nambo waste processing technology can accommodate 1500-1800 tons of waste every day turned into Refuse-derived Fuel. Tipping fee has been guaranteed through Local Government Regulation.

Sector: Waste Management System Sub-Sector: Waste Management


Government Contracting Agency : Governor of West Java ProvinceImplementation : Regional Waste Management Office, West JavaContact Person : Edi Bahtiar (Head of Regional Waste Management Office

+62-81221264704; e-mail: [email protected] Concession Period : 25 years

Implementation Schedule (ETA):1. Perparation : 20142. Bidding : 20153. Construction : 20174. Operation and Maintenance : 2019


Indicative Government Support & Guarantee:Tipping fee has been guaranteed through Local Government Regulation.


Nambo Regional Waste ManagementLOCATION: West Java

Investor(s) : PT Jabar Bersih LestariConsortium: Emsus, Enbicon, Forcabel,Kun Hwa (Korea) and PT PanghegarEnergy Indonesia

Project Status:

Project is currently on PPP Agreement Signing phase.


PPP PROJECTSCONNECTIVITY

Under Preparation

16

Description :

Yogya - Bawen toll road will connect Semarang - Solo

toll road to Yogyakarta. It is planned to reduce heavy

traffic on the arterial road. This toll road will also

support industrial area in Ungaran - Bawen corridor and

development of Joglosemar tourism area. Economic

activity, industries, and tourism in Yogyakarta and

Semarang will encourage usage of Yogya - Bawen toll

road. Furthermore, this project is included in the

Indonesia National Strategic Project (PSN).



Government Contracting Agency : Indonesia Toll Road Authority (“BPJT”)Contact Person : Mr. Herry Trisaputra Zuna, Head of BPJT

+62-21-7258063; e-mail: [email protected] or [email protected] Concession Period : Under calculation

Project Timeline:

Financial Feasibility:FIRR : Under CalculationNPV : Under Calculation


Project Status:Project is currently on Outline Business Case phase

Indicative Government Support & Guarantee:Government support and Government guarantee will be determined in Final Business Case Study.

LOCATION MAP


YOGYAKARTA – BAWEN TOLL ROADLOCATION: Yogyakarta - Central Java



17

Description :The proposed project will connect Semarang (Capital ofCentral Java Province) – Demak (Tourism City). This Projecthas high traffic volume with 25.25 km in length. Semarang asa capital town of Central Java Province is well-developed withindustrial goods and trading. On the other side, Demak is aregion that rich with its natural resources




+62-21-7258063; e-mail: [email protected] or [email protected] Concession Period : Under Calculation

Project Timeline:


Indicative Government Support & Guarantee:Detail assessment of the required Government support andguarantee, in terms of form and scale, for the project isneeded. It will be identified and specified in the subsequentstudies.


SEMARANG – DEMAK TOLL ROADLOCATION: Central Java


Project Status:Project is currently on Final Business Case phase



18

Description :

Suramadu Bridge is a Toll Road Project that had been

operated since 2009. The Government of Indonesia has

to conduct the tender process in order to continue the

operation and maintenance of this project.

Sector: Road Sub-Sector: Toll Bridge




Project Timeline:


Business Opportunity:Operation and Maintenance (O&M)


Indicative Government Support & Guarantee:Potentially guaranteed by IIGF.

LOCATION MAP


SURABAYA – MADURA BRIDGE TOLL ROADLOCATION: East Java



19

Description :The LRT system is planned to be built with elevated structures

connecting the urban sub-centers of Lau Chi Market in the

Southwest of Medan with sub-city centers in the

northeastern part of Medan City along 21 km and through 16

stations. Meanwhile, the BRT system will cross Jalan

Sisingamaraja to Jalan Gatot Subroto with a length of 18.4

km.

Sector: Transportation Sub-Sector: Railway


Government Contracting Agency : Mayor of MedanContact Person : Mr. Wiriya Al Rahman (Head of Medan Development Planning Agency)

+62-61-4539406 / +62-811-639-162; e-mail: [email protected] Concession Period : 35 years

Project Timeline:





LOCATION MAP


MEDAN MUNICIPAL TRANSPORTLOCATION: North Sumatera


20

Description :The Government of Surakarta intends to revitalize the public services of its street lighting. The total length of the streets is estimated at 976 km. Current studies show that the city needs around 31.890 lamp points.

Estimated Project Cost: US$ 28.4 million (10 years) or US$45.9 million (20 years)

Government Contracting Agency : Mayor of Surakarta CityContact Person : Mr. Budi Yulistianto(Surakarta City Regional Secretary); +62-271-662-266

e-mail: [email protected] Concession Period : 10 or 20 years (will be concluded in FBC)

Project Timeline:

Financial Feasibility:FIRR : 10.17% (10 years) or 10.67% (20 years)NPV : US$ 0.9 million (10 years) or

US$ 2.4 million (20 years)


Project Status:

Project is currently on Outline Business Case phase.



SURAKARTA STREET LIGHTING LOCATION: Central Java

Sector: Energy Conservation Sub-Sector: Street Lighting

IIGF

SPC

User

Municipal Gov SOE (PT PLN)

GovernmentGuarantee

Regress Agreement

PPPAgreement

Street LightingServices

AP Payment

ElectricitySupply

PPP Street Lighting Services Agreement

Electricity Bill Payment

Escrow Account


21

Description :Multifunction satellite project is expected to provide benefits for Indonesia’s services to citizens as well as education and defense development. This project plan is inseparable from the Indonesian BroadBand Plan based on Presidential Regulation no. 96 of 2014 on Broadband Plan of Indonesia 2014 - 2019. One of the infrastructure policies and strategies in the Indonesia Broadband Plan is optimizing the use of radio frequency spectrum and satellite orbit as a limited resource.

Sub-Sector: Satellite


Government Contracting Agency : Minister of Communication and Information Technology Contact Person : Mutsla Adlan (CEO Staff of USO Agency of Indonesia); +62-21-7258063

e-mail: [email protected] Concession Period : 15 years

Project Timeline:






MULTIFUNCTION SATELITE LOCATION: National

Sector: Telecommunications and Informatics

IIGF

SPCMCI (GCA) Provider

GovernmentGuarantee

Regress Agreement

PPPAgreement

AP Payment

Rental Agreement

Service PaymentBP3TI

Gov. AgenciesService Agreement

USO Collaboration

USO Implementation

Q1 2018

Final

Business

Case (FBC)

Q3 2018

Pre-

Qualification

Q4 2018

Request

for

Proposal

Q4 2018

Bid Award

Q2 2019

Contract

Signing

Q4 2019

Financial

Close

Q4 2019

Construction


22

Description :Ministry of Social Affairs has a plan to develop nationally integrated welfare system by web-based application with cloud computing technology. The scopes of the PPP project are development of the information system, software, VPN network in all districts/cities and province in Indonesia, cloud computing service (virtual data center), conducting technical assistance and implementation of monitoring and evaluation system.

Sub-Sector: e-Government


Government Contracting Agency : Minister of Social AffairContact Person : Yeti Wulandari (Head of Data Management)


Project Timeline:

Indicative Government Support & Guarantee:Government support and Government guarantee will be determined in Final Business Case.


NATIONAL INTEGRATED WELFARE SYSTEMLOCATION: National

Financial Feasibility:FIRR : 14.00%NPV : US$ 2,449.7 million

Sector: Telecommunications and Informatics




PPP PROJECTSURBAN INFRASTRUCTURE

Under Preparation

24

Description :The purpose of Pekanbaru Water Supply is to provide reliable drinking water infrastructure and to support economic activities in Pekanbaru City as well as to be managed efficiently. The project capacity plan is 500 liters per second. Home Connection is targeted at 35,000 by 2021, an additional 26,451 home connection is required during 2017-2021 or 5,290 home connection per year.



Government Contracting Agency : Director of PDAM Tirta Siak PekanbaruContact Person : Kemas Yuzferi (Director of PDAM); +62-813-6440-1776

e-mail: [email protected] Estimated Concession Period : 25 years

Project Timeline:

Financial Feasibility:IRR : 16.00 %NPV : US$ 9.2 million



Indicative Government Support & Guarantee:PDF from Ministry of Finance.


PEKANBARU REGIONAL WATER SUPPLYLOCATION: Riau

Q1 2018

Final

Business

Case (FBC)

Q3 2018

Pre-

Qualification

Q3 2018

Request for

Proposal

Q1 2019

Bid Award

Q1 2019

Contract

Signing

Q3 2019

Financial

Close

Q3 2019

Construction


PPP PROJECTSSOCIAL INFRASTRUCTURE

Under Preparation

26

Description :Teaching hospital will provide doctors who required in the learning process because they can acknowledge students, giving sustainable exercises or even tutoring them privately in order to be a decent doctor, dentist, and other health examiners.

Sector: Education Sub-Sector: Teaching Hospital


Government Contracting Agency : Minister of Research, Technology, and Higher Education (MORTHE)Preparation Agency : PT SMI and PT Danareksa through PDF from Ministry of Finance Contact Person : Mr. Choiruddin; +62-81319001512; e-mail: [email protected]

Ms. Rini Nuzulul; +62-81288164064; e-mail: [email protected] Concession Period : 20 years

Project Timeline:


Business Opportunity:Transaction advisor/bidder/financier


Indicative Government Support & Guarantee:Potentially guaranteed by IIGF.

UNIVERSITY OF SAM RATULANGI TEACHING HOSPITAL LOCATION: North Sulawesi


SPV

Public Service Agency(BLU UNSRAT)

Sam Ratulangi Teaching Hospital

GCA

SERVICES

College Students

Patients

Non Core

LENDER

a) Banking Institutions

b) Non-Banking Institutions

(PT. SMI, IIF, etc)

Trustee Bank

Q1 2018

Final

Business

Case (FBC)

Q2 2018

Pre-

Qualification

Q3 2018

Request

for

Proposal

Q4 2018

Bid Award

Q4 2018

Contract

Signing

Q2 2019

Financial

Close

Q2 2019

Construction


27

Description :Ministry of Health will develop 2 tower building to support Dharmais hospital as the national cancer center. Tower A will function as a service building and hospice palliative which is the main support for Tower B (12-floor building) to be built. Tower B will function as an Integrated Executive Service Building.

Sector: Health Sub-Sector: Hospital


Government Contracting Agency : Minister of HealthContact Person : dr. Ockti Palupi Rahyaningtyas, MPH (Secretary of PPP team Dharmais Cancer Hospital);

+62-21- 5681570; e-mail: [email protected] Concession Period : 20 years

Project Timeline:


Business Opportunity:Transaction adviser/bidder/financierProject Status:

Project is currently on Outline Business Case phase

Indicative Government Support & Guarantee:Government support and Government guarantee will be determined in Final Business Case (FBC).


DHARMAIS CANCER HOSPITALLOCATION: DKI Jakarta


28

Patients

Description :Sidoarjo Central Hospital is the second hospital owned by the Government of Sidoarjo Regency which aims to provide health service facilities to the community in the western part of Sidoarjo Regency. Sidoarjo Central Hospital is planned as a type C hospital.



Government Contracting Agency : Regent of SidoarjoPreparation Agency : PT SMI through PDF from Ministry of Finance Contact Person : Mr. Agoes Boedi Tjahjono (Regent Assistant on Administration, Economic and

Development); (+62-31) 894 7383; e-mail: [email protected] Concession Period : 10 years

Project Timeline:






SIDOARJO GENERAL HOSPITALLOCATION: East Java


29

Description :Development of a new wing, existing building renovation, emergency and medical equipment in Regional Hospital of Medan Municipal and also to strengthen the hospital’s operational capacity.



Government Contracting Agency : Mayor of MedanContact Person : Mr. Wiriya Al Rahman (Head of Medan Development Planning Agency)

+6261 4517646 / +62-811639162; e-mail: [email protected] Concession Period : 10 years

Project Timeline:




Indicative Government Support & Guarantee:Government support and Government guarantee will be determined in Final Business Case (FBC).


PIRNGADI HOSPITALLOCATION: North Sumatera

30

Description :The Project will combine correctional facility with productive activities such as livestock breeding. The project aims to increase the value of prison by adding economic production which is expected to promote regional economic growth.

Sector: Penitentiary Sub-Sector: Industrial Correctional Facility


Government Contracting Agency : Minister of Law and Human Rights Contact Person : Mr. Aman Riyadi (Director of Information Technology and Cooperation)

+62-21-3857611 ext. 205 / +62-81808230266;e-mail: [email protected] or [email protected]

Estimated Concession Period : 25 years

Project Timeline:

Financial Feasibility:

FIRR : 13.57%

NPV : US$ 83.0 million





NUSAKAMBANGAN INDUSTRIAL CORRECTIONAL FACILITYLOCATION: Central Java

31

Description :

The relocation of the correctional facility in Salemba that is

located in Central Jakarta to Ciangir, Banten Province

(around 40 km from Jakarta) has the following objectives: (i)

to solve the overcapacity in Salemba’s prison; (ii) DKI Jakarta

Spatial Plan did not accommodate current prison location;

(iii) to accommodate the Government’s budget constraint for

building prisons.


Government Contracting Agency : Minister of Law and Human RightContact Person : Mr. Aman Riyadi (Director of Information Technology and Cooperation)

+62-21-3857611 ext. 205 / +62-81808230266;e-mail: [email protected] or [email protected]

Estimated Concession Period : 15 years

Project Timeline:Business Opportunity:Transaction adviser/bidder/financier

Project Status:

Project is currently on Outline Business Case phase



RELOCATION OF SALEMBA CORRECTIONAL FACILITY TO CIANGIRLOCATION: DKI Jakarta and West Java


Sector: Penitentiary Sub-Sector: Correctional Facility

PPP PROJECTSSUCCESS STORY

32

33

Description :This toll road is one of the longest in Northern Sulawesi connecting from Manado City to Bitung City, approximately 39.9 km in length.





Implementation Schedule (ETA):1. Preparation : 2015 2. Land Acquisition : 2016 - 20173. Construction : 2017 - 20194. Operation : 2019


Indicative Government Support & Guarantee:Necessity: - Land acquisition risk - Land fund risk

- Tariff adjustment risk - Ramp up period - Political risk - Termination risk


MANADO – BITUNG TOLL ROADLOCATION: North Sulawesi

Investor(s) :1. PT Jasa Marga (Persero) Tbk.;2. PT Wijaya Karya (Persero) Tbk.;3. PT Pembangunan Perumahan (Persero) Tbk.

Financier :

Refinance BNI, BCA, Bank Mandiri and PT SMI

SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




34

Description :This 99 km toll road will connect the two largest cities in East Kalimantan, Balikapapan and Samarinda. This project is divided into two sections, Section 1 consists of Package 1 (25.07 km) and Package 5 (11.09 km) and Section 2 consists of Package 2 (23.26 km), Package 3 (21.9 km) and Package 4 (17.7 km).





Implementation Schedule (ETA):1. Preparation : 2015 2. Land Acquisition : 20163. Construction : 2016 - 20184. Operation : 2019




LOCATION MAP


BALIKPAPAN - SAMARINDA TOLL ROADLOCATION: East Kalimantan

Investor(s) :1. PT Jasa Marga (Persero) Tbk.;

2. PT Wijaya Karya (Persero) Tbk.;

3. PT Pembangunan Perumahan (Persero) Tbk.;

4. PT Bangun Tjipta Sarana.

Financier :

Financial close through Contractor Pre-Financing (CPF)

SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




35

Description :Pandaan - Malang toll road is designed to improve connectivity in the region. In addition, Pandaan – Malangtoll road is expected to facilitate industrial transportations from Pandaan to Malang which are connected directly to Surabaya, and vice versa.





Implementation Schedule (ETA):1. Preparation : 2015 2. Land Acquisition : 2016 - 20173. Construction : 2016 - 20194. Operation : 2019




LOCATION MAP


PANDAAN - MALANG TOLL ROADLOCATION: East Java


2. PT Pembangunan Perumahan (Persero) Tbk.;

3. PT Sarana Multi Infrastruktur (Persero).

Financier :

Refinancing with syndication of BNI, BCA and Bank

Mandiri

SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




36

Description :Batang - Semarang Toll Road (74.2 km) is a section of the Trans-Java Toll Road Network that will connect Jakarta and Surabaya. Batang is a regency on the north coast of Central Java Province while Semarang is the largest and capital city of Central Java Province.





Implementation Schedule (ETA):1. Preparation : 20162. Tender for SPC : 20163. Construction : 2016 - 20184. Operation : 2019


Indicative Government Support & Guarantee:- Political risk - Land fund- Land acquisition- Tariff adjustment

LOCATION MAP


BATANG - SEMARANG TOLL ROADLOCATION: Central Java


2. PT Waskita Toll Road.

Financier :


SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




37

Description :Serpong-Balaraja Toll (30 km) is part of the Jabodetabekroad network. This toll road is located in Banten Province and will support rapid development in that area.





Implementation Schedule (ETA):1. Preparation : 20152. Tender for SPC : 20163. Construction : 2016 - 20194. Operation : 2019


Indicative Government Support & Guarantee:- Political risk- Land acquisition- Tariff adjustment

LOCATION MAP


SERPONG-BALARAJA TOLL ROADLOCATION: West Java

Investor(s) :1. PT Bumi Serpong Damai;

2. PT Astratel Nusantara;

3. PT Transindo Karya;

4. PT Sinar Usaha Mahitala.

Financier :

Syndication between PT Bank Mandiri, PT Bank BNI and

PT SMI



38

Description :The project is an elevated 36.4 km toll road to be built over the existing Jakarta - Cikampek toll road, which is being operated by PT Jasa Marga. The Jakarta -Cikampek road is part of the Trans-Jakarta toll road network connecting Jakarta and Surabaya. The existing road’s capacity has already been reached, but there are limitations to widening it thus the proposed solution is to expand the road’s capacity by building over it.





Implementation Schedule (ETA):1. Preparation : 2015 2. Tender for SPC : 20163. Construction : 2017 - 20194. Operation : 2019


Indicative Government Support & Guarantee:- Political risk - Termination risk- Tariff adjustment

LOCATION MAP


JAKARTA - CIKAMPEK ELEVATED II TOLL ROADLOCATION: Jakarta – West Java

Investor(s) :1. PT Jasa Marga (Persero) Tbk. (80%);

2. PT Ranggi Sugiron Perkasa (20%).

Financier :

Syndication of bank on investment credit

SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




39

Description :• Part of the Trans-Java Toll Road located in East Java

with length at approximately 38.2 km from Krian to Manyar.

• One of the attractive points for development of this toll road is that it will have tremendous facilities, such as development of residential areas and commercial areas along the corridor.





Implementation Schedule (ETA):1. Preparation : 2015 2. Larap, Land Acquisition &

Tender for SPC : 20163. Construction : 2017 - 20184. Operation : 2019


Indicative Government Support & Guarantee:Necessity: project’s authorization risk, construction delay risk, payment risk and guarantee statement.


KRIAN - LEGUNDI - BUNDER - MANYAR TOLL ROADLOCATION: East Java

Investor(s) :1. PT Waskita Toll Road (55%);

2. PT Energi Bumi Mining (25%);

3. PT Panca Wira Usaha Jawa Timur (20%);

Financier :


SPV(BUJT)

PT PII


(BPJT)

Regress Agreement

Guarantee Agreement

PPP Agreement

70% 30%

User

Bank (Debt)( 70% )

Equity( 30% )


Ministry of

Finance

Regress Payment




40

Description :The Umbulan Water Supply Project aims to increase the water supply capacity to meet the demand in the East Java Province.

The capacity of the drinking water is 4,000 L/ps at Gresik Regency, Surabaya City, Pasuruan City, Pasuruan Regency and PDAM (Industrial Area) connecting approximately320,000 households.



Government Contracting Agency : East Java Provincial GovernmentContact Person : Mr. Lili Soleh Wartadipradja

e-mail: [email protected] Concession Period : 25 years

Implementation Schedule (ETA):1. Preparation : 2011-20162. Land Acquisition : 2016-20173. Construction : 2017-20194. Operation : 2020


Indicative Government Support & Guarantee:The project is supported by VGF from the Ministry of Finance, financial project support from the Ministry of Public Works and Housing and the Government of East Java. Project guarantee by IIGF.

LOCATION MAP


UMBULAN WATER SUPPLYLOCATION: East Java

Investor(s) :Consortium of Bangun Cipta Kontraktor and Medco Energy International

Financier :

PT IIF and PT SMI (Persero)

41

Description :This project is the development of coal-fired power plant in Batang Regency, Central Java with a capacity of 2x1,000 MW. It is considered as the largest PPP electricity project by capacity in Asia. This project reached financial close on 6 June 2016 with PT. Bhimasena Power Indonesia as the investor.

Sector: Electricity Sub-Sector: Power Plant


Government Contracting Agency : Directorate General of Electricity, Ministry of Energy and Mineral Resources /PT Perusahaan Listrik Negara (Persero)

Contact Person : Mr. Ipung Purwomarwanto (Marketing Mgr of Strategic IPP); +62 217261122Concession Period : 25 years

Implementation Schedule (ETA):1. Preparation : 20112. Land Acquisition : 20113. Construction : 2016 - 20204. Operation : 2018


Indicative Government Support & Guarantee:Land acquisition, Capacity Payment (CP) and Availability Payment (AP). Guarantee by IIGF.

LOCATION MAP


CENTRAL JAVA CFPP 2 X 1000 MWLOCATION: Central Java

Investor(s) :Consortium of J-Power, Adaro Power, Itochu Corporation;

Financier :

PT Bank Mandiri

42

Sector: Telecommunications and Informatics Sub-Sector: Fiber Optic


Government Contracting Agency : BP3TI on behalf of Ministry of Communication and Information Technology Contact Person : Mr. Dhia Anugrah Febriansa, Infrastructure Director of BP3TI;

+62 8129003167; [email protected] Estimated Concession Period : 15 years

Implementation Schedule (ETA):1. Preparation : done2. Construction : 2017-20183. Operation : COD at 29 Mar 2018

Financial Feasibility:FIRR : 13.01%NPV : USD 13.2 million

Indicative Government Support & Guarantee:Payment mechanism: Availability Payment (AP). Guarantee by IIGF.


PALAPA RING CENTRAL PACKAGELOCATION: East Kalimantan, North Sulawesi, Central Sulawesi, South East Sulawesi and North Maluku

Description :Development of fiber optic-based broadband telecommunication network covering 17 regencies across Kalimantan, Sulawesi, and Maluku. The project still needs around USD 12.8 million for the equity.

Investor(s) :Consortium of Pandawa Lima: PT LEN Indsutri, PT Teknologi Riset Global Investama, PT MultikontrolNusantara, PT Bina Nusantara Perkasa

Financier :

Syndication of PT. Indonesia Infrastructure Finance (Persero), PT. Bank BNI (Persero), and PT. Sarana Multi Infrastruktur (Persero)


43



Implementation Schedule (ETA):1. Preparation : done2. Construction : 2017-20183. Operation : COD at 11 Feb 2018


Indicative Government Support & Guarantee:Payment mechanism: Availability Payment (AP). Government guarantee by IIGF.


PALAPA RING WEST PACKAGELOCATION: Sumatera and West Kalimantan

Description :Development of fiber optic-based broadband telecommunication network which will connect Riau Province, Riau Islands, and the Natuna Island with a total length about 2,275 km.

Investor(s) :Consortium of PT Mora Telematika Indonesia and PT

Ketrosden Triasmitra

Financier :

PT Bank Mandiri




44

Description :Development of fiber optic-based broadband telecommunication network and microwave transmission which will connect 35 regencies in East Nusa Tenggara, Maluku, West Papua and remote places inside Papua with a total length of about 6,878 km.



Implementation Schedule (ETA):1. Preparation : done2. Construction : 2017-20183. Operation : COD at 29 Sept 2018


Indicative Government Support & Guarantee:Payment mechanism: Availability Payment (AP). Government guarantee by IIGF.

LOCATION MAP


PALAPA RING EAST PACKAGELOCATION: Maluku, Papua, and East Nusa Tenggara

Investor(s) :Consortium of PT Mora Telematika Indonesia, PT Infrastruktur Bisnis Sejahtera, PT Inti Bangun Sejahtera, PT Smart Telecom

Financier :

Syndication of PT Bank BNI ICBC Indonesia, Bank Papua

Bank Malukumalut and Bank Sulsebar




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