infrastructure projects pipelinekpsrb.bappenas.go.id/data/filedownloadbahan/digest iiif 2017... ·...
TRANSCRIPT
INFRASTRUCTURE PROJECTS PIPELINE
Indonesia Infrastructure Investment Forum Seoul, 20-21 September 2017
1
PPP PROJECTS
2
REPUBLIK INDONESIA
3
Project
identification Preliminary
study Outline Business
Case (OBC)
Final Business
Case (FBC) Prequalification Request for
Proposal Bid Award
PPP
Agreement
Signing
Financial
Close
Construction
and
Operation
PLANNING PREPARATION TRANSACTION
1 – 3 YEARS
PPP OFFICE
GOVERNMENT OF INDONESIA KANTOR BERSAMA KPBU REPUBLIK
INDONESIA
CAPITAL PLACE, 8TH FLOOR
JALAN JENDERAL GATOT SUBROTO KAV. 18
JAKARTA SELATAN 12710-INDONESIA
PHONE: +62 21 27081111
www.pppoffice-indonesia.or.id
Private sector involvement:
• Debt financier.
Private sector involvement:
• Transaction advisory through success fee mechanism;
• Investor/bidder;
• Debt financier.
Private sector involvement :
• Project preparation and transaction
advisory through success fee mechanism;
• Project initiator under unsolicited scheme.
GCA submitted project document
Reviewed Preliminary Study
OBC in process or completed
FBC in process or completed
GCA announced the PQ
GCA has issued bidding document
GCA announced bidding winner
Cooperation agreement has been signed
Financial close
Solicited PPP Project Scheme
REPUBLIK INDONESIA
4
Unsolicited PPP Project Scheme
Project proponent submits a proposal and pre-feasibility study (FS) document to GCA
• Pre-FS document evaluation to
get pre-FS approval;
• GCA gives rights to project
proponent to prepare feasibility
study (FS).
Business Entity
submits FS FS evaluation
Issuing approval letter: 1. Establishing the project as an
Unsolicited Project;
2. Establishing the business entity
as the project initiator;
3. The approved type of
compensation:
Procurement PPP
Agreement Signing
Compensation option
to the project initiator
Additional mark of 10% on the procurement score
Right to match The GCA purchase
the PPP initiative
CRITERIA OF EVALUATION:
•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.
Example: Jakarta – Cikampek Elevated Toll Road
REPUBLIK INDONESIA
PPP Project Pipeline
5
Under preparation
Project Identification (US$ 2,850.3 million++) OBC (US$ 12,658.3 million++)
No. Project Name Project Value
1 Samarinda - Bontang Toll Road Under Calculation
2 North Bali International Airport US$ 2,100.0 million
3 Makassar – Parepare Railway US$ 593.0 million
5 Batam SWRO Under Calculation
6 Batam Sewerage System Phase 2 US$ 157.3 million
7 Batam Industrial Waste Treatment Under Calculation
8 Batam e-Government Phase 2 Under Calculation
9 BP Batam Hospital Under Calculation
No. Project Name Project Value
1 Yogya - Solo Toll Road US$ 6,200.0 million
2 Yogya - Bawen Toll Road US$ 270.0 million
3 Bitung Port US$ 2,500.0 million
4 Kuala Tanjung Port US$ 2,800.0 million
5 Maloy Port and Industrial Area US$ 642.6 million
6 Surakarta Street Lightning Under Calculation
7 Multifunction Satellite Under Calculation
8 Pirngadi Hospital US$ 13.3 million
9 University of Udayana Teaching Hospital US$ 59.4 million
10 Dharmais Cancer Hospital Under Calculation
11 National Integrated Welfare System Under Calculation
12 Batam Polytechnic Education Facility Development US$ 142.0 million
13 Papua Sports Arena US$ 15.5 million
14 Nusakambangan Industrial Correctional Facility US$ 15.5 million
15 Relocation of Correctional Facility Under Calculation
5
REPUBLIK INDONESIA
PPP Project Pipeline
6
Under preparation
No. Project Name Project Value
1 Surabaya - Madura Toll Bridge US$ 24.0 million
2 Tanjung Sauh Port US$ 952.6 million
3 Batu Ampar Port US$ 250.0 million
4 Hang Nadim Airport US$ 375.0 million
5 Medan Municipal Transport US$ 477.4 million
7 Batam LRT US$ 956.9 million
11 Legok Nangka Waste Treatment US$ 200.0 million
12 Bandung Street Lighting US$ 72.3 million
13 University of Sam Ratulangi Teaching Hospital US$ 15.5 million 14 Sidoarjo General Hospital US$ 18.5 million
8 Pekanbaru Regional Water Supply US$ 35.5 million
9 Pondok Gede Water Supply US$ 18.5 million
10 West Semarang Water Supply US$ 6.1 million
6
FBC (US$ 3,402.3 million)
REPUBLIK INDONESIA
7
Project Pipeline (1)
Already Tendered - Under Construction (US$ 7,223.9 million)
Already Tendered - Available for Financing (US$ 3,796.5 million)
PQ (US$ 1,429.2 million) RFP (US$ 1,700.7 million)
PPP Agreement Signing (US$ 44.4 million)
FC (US$ 622.2 million)
Ready for Transaction (US$ 593.0 million)
No. Project Name Project Value
1 Semarang - Demak Toll Road US$ 593.0 million No. Project Name Project Value
1 Serang - Panimbang Toll Road US$ 400.0 million 2 Jakarta - Cikampek South Toll Road US$ 1,029.2 million
No. Project Name Project Value 1 Cileunyi - Sumedang - Dawuan Toll Road US$ 622.2 million
No. Project Name Project Value
1 Probolinggo - Banyuwangi Toll Road US$ 1,620.7 million 2 Bandar Lampung Water Supply US$ 80.0 million
No. Project Name Project Value 1 Nambo Regional Waste Management System US$ 44.4 million
No. Project Name Project Value 1 Manado - Bitung Toll Road US$ 396.0 million
2 Balikpapan - Samarinda Toll Road US$ 767.0 million
3 Pandaan - Malang Toll Road US$ 461.0 million 4 Krian - Legundi - Bunder - Manyar Toll Road US$ 287.0 million
5 Jakarta - Cikampek Elevated II Toll Road US$ 1,249.0 million 6 Batang - Semarang Toll Road US$ 230.0 million
7 Serpong - Balaraja Toll Road US$ 231.0 million 8 Umbulan Regional Water Supply US$ 140.7 million
9 Central Java Power Plant US$ 3,000.0 million
10 Palapa Ring East Package US$ 369.7 million 11 Palapa Ring West Package US$ 92.5 million
UNDER PREPARATION
ROAD
1.Samarinda – Bontang Toll Road (Under Calculation)
2.Yogyakarta – Solo Toll Road (US$ 113.0 million)
3.Yogyakarta – Bawen Toll Road (US$ 270.0 million)
4.Surabaya – Madura Bridge Toll Road (US$ 24.0 million)
8
9
Description :
The development of road infrastructure is an absolute necessity for the development of transportation, improvement of the economy and regional development in East Kalimantan. In an effort to fulfill road infrastructure and through taking into account the limited time the government of East Kalimantan has on one side and see any chance private investment on the other side, the government of East Kalimantan makes policies to draw private investors into the field of a motorway/toll by involving the private sector. It is expected to accelerate the provision of infrastructure to achieve community welfare.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : Under Calculation
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] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition & Tender for SPC : 2018 - 2019 3. Construction : 2018 - 2019 4. Operation : 2020
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case.
Indicative Project Structure
SAMARINDA – BONTANG TOLL ROAD LOCATION: East Kalimantan
10
Description : Yogja – Solo Toll Road will cross Sleman District in Yogyakarta and 3 districts in East Java; Surakarta District, Sukoharjo District and Klaten District. Sleman is a well-developed district especially in trading. The other three districts have their own potential resources which will attract economic growth around East Java. This toll road is approximately 400 km in length.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 113.0 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] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : N/A 2. Larap, Land Acquisition &
Tender for SPC : N/A 3. Construction : N/A 4. Operation : N/A
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC is being prepared through KPPIP’s assistance
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
YOGYAKARTA – SOLO TOLL ROAD LOCATION: Yogyakarta - Central Java
SPV (BUJT)
PT PII
National Toll Road Authority
(BPJT)
Regress Agreement
Guarantee Agreement
PPP Agreement
70% 30%
User
Bank (Debt) ( 70% )
Equity ( 30% )
Tariff Government and SPV Obligations
Ministry of
Finance
Regress Payment
Co-guarantee Agreement with Ministry of Finance
11
Description : This toll road is 71,56 km long and will be divided into three sections: 1. Section 1, Bawen to Secang (STA 0+000 to STA
22+200) including Bawen Junction and Secang Junction;
2. Section 2, Secang to Borobudur (STA 22+200 to STA 53+500) without junction;
3. Section 3, Yogyakarta to Borobudur (STA 53+500 to STA 71+393.852) including Borobudur Junction.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 270.0 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] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2007 - 2018 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2018 - 2019 4. Operation : 2020
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: Preparation of OBC
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
YOGYAKARTA – BAWEN TOLL ROAD LOCATION: Yogyakarta - Central Java
12
Description : Suramadu Bridge is a toll road project that has been operating since 2009. The current concession holder is PT Jasa Marga (Persero) Tbk., and the concession period will end in 2017. 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
Estimated Project Cost : US$ 24.0 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] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition &
Tender for SPC : N/A 3. Construction : N/A 4. Operation : since 2009 5. O&M Stage 2 : 2018
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Operation and Maintenance (O&M) Project Status: Principal Approval of PDF’s facility from Ministry of Finance
Indicative Government Support & Guarantee: Potentially guaranteed by IIGF.
LOCATION MAP
Indicative Project Structure
SURABAYA – MADURA BRIDGE TOLL ROAD LOCATION: East Java
UNDER PREPARATION
TRANSPORTATION: PORT
1.Bitung Port (US$ 2,500.0 million)
2.Kuala Tanjung Port(US$ 2,800.0 million)
3.Maloy Port and Industrial Area (US$ 642.6 million)
4.Tanjung Sauh Port (US$ 952.6 million)
5.Batu Ampar Port (US$ 250.0 million)
13
14
Description : The development of Bitung International Hub Port in North Sulawesi is to act as a port hub supporting industrial activity in Eastern Indonesia including Ambon and Ternate (agriculture, manufacturing, and mining) and Samarinda, Balikpapan, Tarakan and Nunukan (coal, oil and plywood) and to support industrial activities in Special Economic Zone (SEZ) Bitung.
Sector: Transportation Sub-Sector: Sea port
Estimated Project Cost : US$ 2,500.0 million
Government Contracting Agency : Ministry of Transportation ROI Contact Person : Susanty Pertiwi +62-8129486011; e-mail: [email protected] Estimated Concession Period : 50 – 70 years
Implementation Schedule (ETA): 1. Preparation : Dec 2017 2. Construction : 2020 3. Operation : 2022
Financial Feasibility: EIRR : Under Calculation FIRR : 12.45% NPV : US$ 353.0 million
Business Opportunity: Developer and operator of the port and terminal Project Status: OBC is being prepared through KPPIP’s assistance and is expected to be completed on December 2017
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
BITUNG INTERNATIONAL HUB PORT LOCATION: North Sulawesi
Will be determined after completing the FBC
15
Description : The Port of Kuala Tanjung is developed as a hub port for Crude Palm Oil (CPO), dry bulk, general cargo and containers for North Sumatra and Nangroe Aceh Darussalam (NAD) Provinces. It is also prepared as support for Sei Mangkei Industrial Estate, Belawan Port and Kuala Tanjung Industrial Estate. The development of this port is to become an International Hub Port and to act as the gate of Western Indonesia, listed as a National Strategic Project.
Sector: Transportation Sub-Sector: Sea port
Estimated Project Cost : US$ 2,800.0 million
Government Contracting Agency : Ministry of Transportation ROI Contact Person : Susanty Pertiwi +62-8129486011; e-mail: [email protected] Estimated Concession Period : 60 - 70 years
Implementation Schedule (ETA): 1. Preparation : FBC Q4 2017 2. Larap, Land Acquisition & tender for SPC : Q3 2018 3. Construction : January 2019 4. Operation : January 2022
Financial Feasibility: EIRR : > 14% FIRR : Under Calculation NPV : US$ 4.0 million
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC is being prepared through KPPIP’s assistance
Indicative Government Support & Guarantee: Land acquisition and basic infrastructure.
LOCATION MAP
Indicative Project Structure
KUALA TANJUNG INTERNATIONAL HUB PORT LOCATION: North Sumatera
Will be determined after completing the FBC
16
Description : The development of Maloy Port, East Kalimantan is to support industrial activity in Special Economic Zone (SEZ) Maloy.
Sector: Transportation Sub-Sector: Sea port
Estimated Project Cost : US$ 642.6 million US$ 450.0 million (port) US$ 192.6 million (industrial area)
Government Contracting Agency : Ministry of Transportation ROI Contact Person : Susanty Pertiwi +62-8129486011; e-mail: [email protected] Estimated Concession Period : 50 - 70 years
Implementation Schedule (ETA): 1. Preparation : 2018 (OBC) 2. Larap, Land Acquisition & tender for SPC : N/A 3. Construction : N/A 4. Operation : N/A
Financial Feasibility: EIRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
MALOY PORT AND INDUSTRIAL AREA LOCATION: East Kalimantan
Will be determined after completing the FBC
17
Description : The project is to develop the transhipment container terminal located in Indonesia, Singapore and Malaysia (IMS-GT) within Sijori Growth Triangle and designated to handle transhipment containers which have the capacity of more than 7.0 million TEUs.
Sector: Transportation Sub-Sector: Transhipment port
Estimated Project Cost : US$ 952.6 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2016 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 4. Operation : 2022
Financial Feasibility: IRR : 12.45% FIRR : Under Calculation NPV : US$ 378.05 million
Indicative Government Support & Guarantee: Land use for commercial and housing as compensation by Government.
Indicative Project Structure
TANJUNG SAUH TRANSHIPMENT TERMINAL OF KABIL PORT LOCATION: Tanjung Sauh, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Interested Investor(s): • PT Pelindo-II; • CMA-CGM-France. Task of Investor:
• Dredging : 600.000 m3; • Quay/Berth : 2.300 m; • Backup area/Container yard : 138 ha; • Gantry Crane : 20 unit; RMGC : 60 unit; • Heat Truck : 100 unit; Trailer : 100 unit.
Third party equity (15%)
18
Description : The project is to develop and manage the container terminal in Batam and designated to handle containers with the capacity of more than 2.0 million TEUs. In 2005, CMA-CGM is interested to develop and manage Batu Ampar Port.
Sector: Transportation Sub-Sector: Sea port
Estimated Project Cost : US$ 250.0 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 20 years
Implementation Schedule (ETA): 1. Preparation : 2017 (FBC) 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 4. Operation : 2022
Financial Feasibility: IRR : 24.0% FIRR : Under Calculation NPV : US$ 151.0 million
Indicative Government Support & Guarantee: Demand risk not guaranteed by Government and investor pay upfront fee.
BATU AMPAR CONTAINER PORT LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
EXISTING:
• Berth = 670 m;
• Container yard = 3 ha. TASK OF INVESTOR: • Gantry Crane 6 unit, RMGC 12 unit, Heat Truck 30
unit and IT System; • Extension container yard area of 30 ha; • Dredging, Container Wharf, Reclamation, Gantry
Crane, 1000 m of Berth, Building, Warehouse, Container Yard, Offices.
Indicative Project Structure
Third party equity (15%)
UNDER PREPARATION
TRANSPORTATION: AIRPORT
1.North Bali International Airport (US$ 2,100.0 million)
2.Airport of Hang Nadim(US$ 375.0 million)
19
20
Description : The NBIA Airport is to be developed as a new international airport that shall operate in addition to Ngurah Rai (Denpasar International Airport). NBIA will mainly focus and be dedicated to commercial operations and general aviation needs, including international flights for leisure and tourism, also business aviation.
Sector: Transportation Sub-Sector: Airport
Estimated Project Cost : US$ 2,100.0 million
Implementation Schedule (ETA): 1. Preparation : N/A 2. Larap, Land Acquisition &
Tender for SPC : N/A 3. Construction : N/A 4. Operation : N/A
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
NORTH BALI INTERNATIONAL AIRPORT LOCATION: North Bali
Business Opportunity: Transaction adviser/bidder/financier Project Status: FS for location determination
Government Contracting Agency : Ministry of Transportation ROI Contact Person : Susanty Pertiwi +62-8129486011; e-mail: [email protected] Estimated Concession Period : 50 years
Will be determined after competing the FBC
21
Description : The project is to expand the passenger terminal of Hang Nadim International Airport and designated to handle up to 8 million passengers in 2019.
Sector: Transportation Sub-Sector: Airport
Estimated Project Cost : US$ 375.0 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : 30 - 50 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 4. Operation : 2021
Financial Feasibility: IRR : 24.0% FIRR : Under Calculation NPV : US$ 151.0 million
Indicative Government Support & Guarantee: Demand risk guaranteed by Government.
Indicative Project Structure
EXPANSION OF HANG NADIM INTERNATIONAL AIRPORT PASSENGER TERMINAL LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Interested Investor(s): • Incheon Airport;
• Angkasa Pura.
Scope of work:
• Passenger Terminal 36.000 m2; • Equipment (8 airbridges, baggage handling system,
FIDS, ADGS); • IT System; • Apron and taxiway construction.
Third party equity (15%)
UNDER PREPARATION
TRANSPORTATION: RAILWAY
1.Makassar – Parepare Railway (US$ 593.0 million)
2.Medan Municipal Transport(US$ 477.4 million)
3.Batam LRT (US$ 956.9 million)
22
23
Description : • The development of 144 km railway from Makassar to Parepare
in South Sulawesi, as part of Trans-Sulawesi project.
• The railway is used as public transportation that will connect to the ports in South Sulawesi.
• The project is partially funded by State Budget, allocated under the Ministry of Transportation .It is estimated that around 62 km of the railway track will be done through PPP scheme.
Sector: Transportation Sub-Sector: Railway
Estimated Project Cost : US$ 593.0 million
Implementation Schedule (ETA): 1. Construction : 2015 2. Operation : 2018
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: FS for Barru – Makassar Track for PPP Scheme
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case (FBC).
LOCATION MAP
Indicative Project Structure
MAKASSAR – PAREPARE RAILWAY LOCATION: South Sulawesi
Government Contracting Agency : Ministry of Transportation ROI Contact Person : Susanty Pertiwi +62-8129486011; e-mail: [email protected] Estimated Concession Period : 50 – 75 years
Barru
Pangkep
Maros
Makassar
Will be determined after completing the FBC
24
Description : With the large amount of private vehicle distribution in Medan City, Medan cCity is expected to reach gridlock in several roads by 2022. Given the size of Medan City, besides BRT system implementation, the use of rail-based mass transportation is also needed as the backbone of accessibility and mobility of Medan citizens. Route selection will focus on areas that have not been served by BRT but have high demand and cross the centres of activity in the city of Medan and future development plans.
Sector: Transportation Sub-Sector: LRT or BRT
Estimated Project Cost : US$ 59.4 million
Government Contracting Agency : Medan Municipal Contact Person : Mr. Wiriya Al Rahman (Head of Medan Development Planning Agency) +62-811-639-162; e-mail: [email protected] Estimated Concession Period : 35 years
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition &
Tender for SPC : 2018 - 2019 3. Construction : 2019 - 2020 4. Operation : 2020
Financial Feasibility: IRR : 17.0% FIRR : 12.5% NPV : US$ 131.0 million
Business Opportunity: Bidder/financier Project Status: Preparation of OBC by Bappenas and continued to FBC through PDF by Ministry of Finance
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
MEDAN MUNICIPAL TRANSPORT LOCATION: North Sumatera
25
Description : To provide a safe, fast and convenience public mass transportation in Batam that will be connecting Batam Centre to Tanjung Uncang via Muka Kuning and from Batu Ampar to Hang Nadim International Airport.
Sector: Transportation Sub-Sector: Railway
Estimated Project Cost : US$ 956.9 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; email: [email protected] Estimated Concession Period : Max 75 years
Implementation Schedule (ETA): 1. Preparation : 2016 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 4. Operation : 2022
Financial Feasibility: IRR : 15.34% (Section 1); 16.57% (Section 2) FIRR : US$ 2.65 billion NPV : US$ 11.74 billion
Indicative Government Support & Guarantee: TOD and demand risk guaranteed by Government.
Indicative Project Structure
BATAM LRT LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Scope of work: • Line I : Batam Centre – Tanjung Uncang
• LRT Train =4 unit;
• LRT Line = 27.54 km;
• LRT Station= 19 stations.
• Line II : Batu Ampar – HNIA
• LRT Train = 4 unit;
• LRT Line = 27.93 km;
• LRT Station = 25 stations.
UNDER PREPARATION
WATER SUPPLY & WASTE MANAGEMENT
1.Batam Sewerage System Phase 2 (US$157.3 million)
2.Batam Industrial Waste Treatment (Under Calculation)
3.Batam SWRO (Under Calculation)
4.Pekanbaru Regional Water Supply (US$ 35.5 million)
5.Pondok Gede Water Supply (US$ 18.5 million)
6.West Semarang Water Supply (US$ 6.1 million)
7.Legok Nangka Regional Waste Treatment (US$ 200.0 million)
26
27
Description : To protect water quality by improving environmental infrastructure and wastewater facilities, also to improve public health, reduce epidemic in Batam and increase tourists and investment in accordance with improvement in environmental quality.
Sector: Waste management infrastructure system Sub-Sector: Sewerage system
Estimated Project Cost : US$ 157.3 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Larap, Land Acquisition &
Tender for SPC : 2019 3. Construction : 2020 4. Operation : 2023
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case.
Indicative Project Structure
BATAM SEWERAGE SYSTEM PHASE 2 LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Third party equity (15%)
28
Description : Currently, Final Disposal Site of Telaga Punggur manages waste efficiently and effectively in an area of 46.8 hectares. In addition to domestic waste that uses sanitary landfill systems, there is also the toxic industrial waste. Therefore, there is a development plan for that landfill to manage the industrial waste as well from harmful waste to become harmless (green industry).
Sector: Waste management infrastructure system Sub-Sector: Industrial waste management
Estimated Project Cost : Under Calculation
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2019 3. Construction : 2020 4. Operation : 2023
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
BATAM INDUSTRIAL WASTE TREATMENT LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Third party equity (15%)
29
Description : New water source is needed because the current reservoir of raw water sources in Batam began to shrink. If it continues to operate to serve the needs of clean water, it will not last long. With SWRO enabled, it can help in reducing the burden of PDAM Tirta Kepri for providing clean water needs.
Sector: Water supply Sub-Sector: Water resource and irrigation
Estimated Project Cost : Under Calculation
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2019 3. Construction : 2020 4. Operation : 2023
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
BATAM SEA WATER REVERSE OSMOSIS LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Third party equity (15%)
30
Description : Pekanbaru Water Supply was developed to improve water services to Pekanbaru citizens with the capacity of 3000 L/s. The level of services provided is expected to be increased from 8% in 2014 to 27% in 2019 with sustainable access to safe drinking water. The capacity of the system is 500 L/sec and the system will serve 40,000 household connections. The service area will cover 6 sub-districs in Pekanbaru.
Sector: Water supply Sub-Sector: Water supply
Estimated Project Cost : US$ 35.5 million
Government Contracting Agency : Director of PDAM Tirta Siak Pekanbaru Contact Person : Mr. Muhammad Suhandi +62-761-27755 / +62-8117099576; e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 - 2020 4. Operation : 2045
Financial Feasibility: IRR : 16% NPV : 9.24 million
Business Opportunity: Bidder/financier Project Status: Preparing the agreement assistance of PDF
Indicative Government Support & Guarantee: PDF from Ministry of Finance.
LOCATION MAP
Indicative Project Structure
PEKANBARU REGIONAL WATER SUPPLY LOCATION: Riau
31
Description : • Scheme: Build – Operate – Transfer (plus). • Project scope: Some PPP scope scenarios are under
consideration, some of which may need Government support such as budget of regional state budget allocation to GCA as investment for the cost of the project and Government guarantee.
• Payment mechanism: take or pay agreement.
Sector: Water supply Sub-Sector: Water supply
Estimated Project Cost : US$ 25.0 million
Government Contracting Agency : Director of PDAM Tirta Patriot Bekasi Contact Person : Achmad Giri Widodo (CEO of PDAM Tirta Patriot Kota Bekasi) +62-21 88966161 / +62-8129398315; e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Land Acquisition : 2017 (done) 3. PQ : 2017 3. Construction : 2019 - 2020 4. Operation : 2019
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Bidder/financier Project Status: OBC revised
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
PONDOK GEDE WATER SUPPLY LOCATION: Bekasi, West Java
32
Description : The production capacity for this project is 750 L/s (plus additional 250 L/s for expansion purpose) which is estimated to serve about 80,000 household connections. The area coverage to be served by this project is 3 sub-districts (Tugu, Ngaliyan, West Semarang) that are divided into 2 zones: semi greenfield zone (existing PDAM network but still low in coverage) and brownfield zone (completed PDAM network and existing customers).
Sector: Water supply Sub-Sector: Water supply
Estimated Project Cost : US$ 6.1 million
Government Contracting Agency : Director of PDAM Tirta Moedal, Municipal Government of Semarang Contact Person : Ms. Etty Laksmiwati (President Director as GCA) +62-811280964; e-mail: [email protected] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 - 2020 4. Operation : 2021
Financial Feasibility: IRR : 16.6% FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Bidder/financier Project Status: FBC is being prepared jointly by KPPIP and Ministry of Finance’s Project Development Facility
Indicative Government Support & Guarantee: • Project Development Fund from Ministry of Finance
for Final Business Case Preparation and Transaction Advisor Support.
LOCATION MAP
Indicative Project Structure
WEST SEMARANG WATER SUPPLY LOCATION: Central Java
Will be determined after completing the FBC
33
Description : • Waste management of 1,800 tons per day, which is
sourced from 6 municipalities (Bandung Regency, Bandung City, Sumedang Regency, Cimahi City, West Bandung Regency, and Garut Regency) located in Legok Nangka, West Java.
• Conversion of waste to electricity with output capacity to be determined and Purchase Agreement with PLN.
Sector: Sanitation Sub-Sector: Waste to energy
Estimated Project Cost : US$ 200.0 million
Government Contracting Agency : Governor of West Java Province Contact Person : Mr. Edi Bachtiar (Head of West Java Regional Solid Waste Management Agency) +62-81221264704; e-mail: [email protected] Estimated Concession Period : 20 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2010 (done) 3. Construction : 2019 - 2020 4. Operation : 2020 - 2040
Financial Feasibility IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction advisor/bidder/financier Project Status: FBC is being prepared through assistance by National Public Procurement Agency and MCAI (Millennium Challenge Account Indonesia)
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
LOCATION MAP
Indicative Project Structure
LEGOK NANGKA REGIONAL WASTE TREATMENT LOCATION: West Java
UNDER PREPARATION
ENERGY CONSERVATION
1.Surakarta Street Lighting (Under Calculation)
2.Bandung Street Lighting (US$ 72.3 million)
34
35
Description :
The two primary objectives of the project are to revitalize the existing street lighting service to meet the required service level standard and to achieve optimum energy efficiency in delivering the street lighting services. The commercial scenarios to achieve optimum VfM include covering the works on the combination of meter installation, energy-efficient replacement for the existing lamps, smart system installation and a suitable installation of the independent lamp posts. Depending on the selected commercial scenarios, it will cover around 21,200 light points.
Estimated Project Cost : Under Calculation
Government Contracting Agency : Surakarta Municipal Contact Person : Agung Widi H. (Public Work and Spatial Planning Agency of Surakarta Municipal) +62-81-225298975; e-mail: [email protected] or [email protected] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition & Tender for SPC : 2018 - 2019 3. Construction : 2018 - 2019 4. Operation : 2020
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC is being prepared through assistance by Bappenas
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
SURAKARTA STREET LIGHTING LOCATION: Central Java
Will be determined after completing the FBC
Sector: Energy conservation Sub-Sector: Street lighting
36
Description : • The project is planned to build at least 34,000 new street
lightings, retrofit 40,000 street lighting existing to LED, installation of smart feeder including room control, 3,700 new poles and installation of new cables.
• The new street lightings are categorized as Basic, Classic and Smart Street Lightings.
• The SPV must achieve minimum efficiency of 50%.
Sector: Urban facilities Sub-Sector: Street lighting
Estimated Project Cost : US$ 72.3 million
Government Contracting Agency : Mayor of Bandung Contact Person : Mr. Iskandar Zulkarnain; +62-22-7278853; [email protected] Mr. Inu Kusuma Wardana; +62-81313916313; [email protected] Estimated Concession Period : 15 years, with 2 years construction period
Implementation Schedule (ETA): 1. Preparation : Dec 2016 – Sept 2017 2. Tender for SPC : Sept 2017 – Feb 2018 3. Construction : 2018 - 2020 4. Operation : 2018 - 2035
Financial Feasibility: IRR : 15.8% NPV : US$ 4.3 million
Business Opportunity: Transaction advisor/bidder/financier Project Status: FBC is being prepared through assistance by National Public Procurement Agency and Millennium Challenge Account Indonesia. The Bandung City Government is also planning to conduct public consultation and pre-market sounding immediately.
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case.
LOCATION MAP
Indicative Project Structure
BANDUNG STREET LIGHTING LOCATION: Bandung, West Java
GCA
PLN
(Collecting
Unit)
SPV People
Str
eet
Lig
hti
ng
Tax
Street Lighting
Services
Submission
Tax Income
Bill Payment
AP
UNDER PREPARATION
INFORMATION, COMMUNICATION AND TECHNOLOGY
1.Batam e-Government Phase 2 (US$ 86.0 million)
2.Multifunction Satellite (Under Calculation)
3.National System of Integrated Welfare (Under Calculation)
37
38
Description : Batam e-Government Phase 2 aims to develop Batam Single Window, which the application and system are based on cloud technology.
Sector: Telecommunications and informatics Sub-Sector: Data center
Estimated Project Cost : US$ 86.0 million
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; e-mail: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2019 3. Construction : 2020 4. Operation : 2023
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
BATAM E-GOVERNMENT PHASE 2 LOCATION: Batam, Riau Island
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Third party equity (15%)
39
Description :
Multifunctional satellite project is expected to provide benefits for Indonesia’s services to citizens as well as education and defense development. Private partner shall be responsible to finance, design, construct, operate and maintain the infrastructure assets, including intake and water treatment plan. The private partner will also be responsible for billing and payment collection from customers.
Sub-Sector: Satellite
Estimated Project Cost : Under Calculation
Government Contracting Agency : Ministry of Communication and Information Technology Contact Person : Ms. Dhia A. Febriansa (Infrastructure Director of BP3TI) +62-8129003167; e-mail: [email protected] Estimated Concession Period : 15 years
Implementation Schedule (ETA): 1. Preparation : 2017 – 2018 2. Construction : 2019 – 2021 3. Operation : 2021 – 2036
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Bidder/financier Project Status: OBC is being prepared through assistance by Bappenas
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
MULTIFUNCTION SATELITE LOCATION: Indonesia
Will be determined after completing the FBC
Sector: Telecommunications and informatics
40
Description : Ministry of Social Services has a plan to develop national integrated welfare system by web-based application with cloud computing technology. The objectives of the information system are: (i) as an integrated social welfare program database center for the Government, private sector and research program unit, also to support their policy and decision making; (ii) to solve the problems in data redundancy and inconsistency in the integrated database center; (iii) solution for data provision in social welfare programs, which are not comprehensive and less accurate; (iii) lowering costs for data updating and management; (iv) integration and data management for each technical unit. 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. The estimated cost for this project is IDR 85 billion. The scheme of PPP is Build, Operate and Maintenance of the information system facilities and transfer.
Sub-Sector: e-Government
Estimated Project Cost : Under Calculation
Government Contracting Agency : Ministry of Social Affair Contact Person : Yeti Wulandari (Ministry of Social Affair) +62-81-298997999; e-mail: [email protected] Estimated Concession Period : Under calculation
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition & Tender for SPC : 2018 - 2019 3. Construction : 2018 - 2019 4. Operation : 2020
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC is being prepared through assistance by Bappenas
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case.
Indicative Project Structure
NATIONAL INTEGRATED WELFARE SYSTEM LOCATION: National
Will be determined after completing the FBC
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Sector: Telecommunications and informatics
UNDER PREPARATION
HEALTH SECTOR: HOSPITAL
1.BP Batam Hospital (Under Calculation)
2.Pirngadi Hospital (US$ 13.3 million)
3.University of Udayana Long Term Care Unit Teaching Hospital (US$ 59.4 million)
4.Dharmais Cancer Hospital (Under Calculation)
5.University of Sam Ratulangi Teaching Hospital (US$ 15.5 million)
6.Sidoarjo General Hospital (US$ 18.5 million)
41
42
Description : The project is to improve out-patient and in-patient services in BP Batam Hospital, which is also a referral hospital in Batam.
Sector: Health Sub-Sector: Hospital
Estimated Project Cost : Under Calculation
Government Contracting Agency : BIFZA Contact Person : Mr. Horman Pudinaung +62-778-469782 / +62-811692995; email: [email protected] Estimated Concession Period : Max 50 years
Implementation Schedule (ETA): 1. Preparation : 2016 2. Larap, Land Acquisition &
Tender for SPC : 2019 3. Construction : 2020 4. Operation : 2023
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
BP BATAM HOSPITAL LOCATION: Batam, Riau Island
Business Opportunity: Project initiator (unsolicited)/Transaction adviser/bidder/financier Project status: Under preparation
43
Description : Development of a new wing, existing building renovation, emergency and medical equipment are needed in Pirngadi Hospital.
Sector: Health Sub-Sector: Hospital
Estimated Project Cost : US$ 13.3 million
Government Contracting Agency : Medan Municipal Contact Person : Mr. Wiriya Al Rahman (Head of Medan Development Planning Agency) +62-811639162; e-mail: [email protected] Estimated Concession Period : 10 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2018 - 2019 4. Operation : 2020 - 2030
Financial Feasibility: IRR : 15.0% FIRR : 12.0% NPV : US$ 39.7 million
Business Opportunity: Bidder/financier Project Status: Preparation of FBC through PDF by Ministry of Finance
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case (FBC).
LOCATION MAP
Indicative Project Structure
PIRNGADI HOSPITAL LOCATION: North Sumatera
44
Description : Driven by the need to plug the skill shortages, RSPTN UNUD is proposing to explore PPP in the Non-Core Education Services in its Bukit Jimbaran Campus as described below: • Main Hospital: Procurement of medical equipment,
consumables, mobility, vehicles and furniture for RSPTN UNUD and maintenance of the new medical equipment.
• LTC Facility: Design, build, finance and maintain long-term care facility with a gross floor area of , 13,000 m2 adjacent to RSPTN UNUD existing complex.
Sector: Health Sub-Sector: Hospital
Estimated Project Cost : US$ 59.4 million
Government Contracting Agency : Ministry of Research, Technology and Higher Education Contact Person : Mrs. Dr. Tuty Kuswardhani (RSPTN Director – University of Udayana) +62-811-388-700; e-mail: [email protected] Estimated Concession Period : 20 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2018 - 2020 4. Operation : 2020
Financial Feasibility: IRR : 20.2% FIRR : 15.0% NPV : US$ 69.4 million
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC has been completed through assistance by Bappenas and ADB
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case (FBC).
LOCATION MAP
Indicative Project Structure
UNIVERSITY OF UDAYANA LONG TERM CARE UNIT TEACHING HOSPITAL LOCATION: Bali
45
Description : Dharmais Cancer Hospital’s capacity in serving radiotherapy is 75 patients/day. As a result, patient queue list period is 2-3 months in average, causing ineffective cancer treatment management and will affect the life quality of cancer patients. It is planned to have new functions as Comprehensive Cancer Center, National Cancer Educational and Information System, and also National Data and Research Cancer Center. Additional 2 buildings will be built: Tower A as a service building and hospice palliative (6 floors, 72 beds) and Tower B as an executive integrated service (12 floors, 137 beds). This hospital will provide executive polyclinic service, PET CT/MRI service, general surgery and all in-patient and out-patient surgical services, integrated diagnostic unit, ICU HCU and PICU services, nuclear medicine, a full renal dialysis program, pediatric services, et cetera.
Sector: Health Sub-Sector: Hospital
Estimated Project Cost : Under Calculation
Government Contracting Agency : Ministry of Health Contact Person : Ockti Palupi +62-81807318650; e-mail: [email protected] Estimated Concession Period : N/A
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition & Tender for SPC : 2018 - 2019 3. Construction : 2018 - 2019 4. Operation : 2020
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation on OBC through assistance by Bappenas
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case (FBC).
Indicative Project Structure
DHARMAIS CANCER HOSPITAL LOCATION: DKI Jakarta
Will be determined after completing the FBC
46
Description : • Sam Ratulangi Teaching Hospital is planned to
support medical students in education and medical research and also could be one of the local options in health services.
• The hospital would be determined as one of the Teaching Hospitals in Indonesia that is initiated by Ministry of Research, Technology and Higher Education.
Sector: Health Sub-Sector: Teaching hospital
Estimated Project Cost : US$ 15.5 million
Government Contracting Agency : Ministry 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] Estimated Concession Period : 20 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2017 3. Construction : 2018 4. Operation : 2019
Financial Feasibility: IRR : 15.05% FIRR : 10.85% NPV : US$ 1.7 million
Business Opportunity: Transaction advisor/bidder/financier Project Status: Preparation of OBC by Bappenas and continued to FBC through PDF by Ministry of Finance
Indicative Government Support & Guarantee: Potentially guaranteed by IIGF.
LOCATION MAP
UNIVERSITY OF SAM RATULANGI TEACHING HOSPITAL LOCATION: North Sulawesi
Indicative Project Structure
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
47
Description : In need of development of a new building and medical equipment, 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 that has a capacity of 150 beds.
Sector: Health Sub-Sector: Hospital
Estimated Project Cost : US$ 18.5 million
Government Contracting Agency : Government of Sidoarjo Regency Preparation Agency : PT SMI through PDF from Ministry of Finance Contact Person : Ms. Elly (Sub Directorate of Cooperation Affairs); +62-81332833150; e-mail: [email protected] Estimated Concession Period : 10 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2018 4. Operation : 2020
Financial Feasibility: IRR : 9.88% FIRR : 8.18% NPV : Under Calculation
Business Opportunity: Bidder/financier Project Status: Preparation of FBC through PDF by Ministry of Finance
Indicative Government Support & Guarantee: PDF from Ministry of Finance.
LOCATION MAP
Indicative Project Structure
SIDOARJO GENERAL HOSPITAL LOCATION: Sidoarjo Regency, East Java
Patients
UNDER PREPARATION
SPORTS STADION AND EDUCATION FACILITIES
1.Papua Sports Arena (US$ 15.5 million)
2.Batam Polytechnic Education Facility Development (US$ 142.0 million)
48
49
Description : This project is expected to promote the development of sports infrastructure in Papua province. Papua Sports Arena will be built near existing Mandala Stadium in Jayapura, which combines sport facilities and a hotel.
Sector: Sport, art and culture facility Sub-Sector: Sport facility
Estimated Project Cost : US$ 15.5 million
Government Contracting Agency : Papua Province Contact Person : Mr. Bernard Sitorus +62-813- 44542430; e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 - 2020 4. Operation : 2020
Financial Feasibility: IRR : 14.8 % FIRR : 11.7 % NPV : US$ 8.29 million
Business Opportunity: Transaction advisor/bidder/financier Project Status: OBC has been assisted by Bappenas and then continued by proposing Project Development Facility to Ministry of Finance for FBC development
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case.
LOCATION MAP
Indicative Project Structure
PAPUA SPORTS ARENA LOCATION: Papua
50
Description : Driven by the need to plug the skill shortages, Polibatam is proposing to explore PPP in the Non-Core Education Services in its Batam Campus as described below: • Design, build, finance and maintain the integrated
education infrastructures consisting of new teaching building, hangar/MRO, student dormitory, auditorium, mechanical workshop, robotics workshop, indoor sports facility and technopreneur center.
• Design, build, finance and maintain the incomplete existing Tower A teaching building.
• Procure, install and commission equipment for new infrastructures and Tower A teaching building.
Sector: Education facilities Sub-Sector: Education facilities
Estimated Project Cost : US$ 142.0 million
Government Contracting Agency : Ministry of Research, Technology and Higher Education Contact Person : Mr. Bambang Hendrawan (Vice Director – Administration,Resources & Finance) +62-812-7729-596; e-mail: [email protected] Estimated Concession Period : 20 years
Implementation Schedule (ETA): 1. Preparation : 2018 2. Larap, Land Acquisition &
Tender for SPC : 2018 - 2019 3. Construction : 2019 - 2021 4. Operation : 2021 - 2038
Financial Feasibility: IRR : 15.0% FIRR : 12.0% NPV : US$ 238.0 million
Business Opportunity: Transaction advisor/bidder/financier Project Status: OBC has been completed through assistance by Bappenas and ADB
Indicative Government Support & Guarantee: Potentially using Availability Payment (AP). Guarantee by IIGF.
LOCATION MAP
Indicative Project Structure
BATAM POLYTECHNIC EDUCATION FACILITY DEVELOPMENT LOCATION: Batam City, Riau Province
UNDER PREPARATION
PENITENTIARY
1.Nusakambangan Industrial Correctional Facility (US$ 15.5 million)
2.Relocation of Correctional Facility (Under Calculation)
51
52
Description : • The project will combine the correctional facility with
productive activities such as livestock breeding. • The geographical advantage of Nusakambangan
supports this project as 210,000 ha of the island will be used for this project.
• The project aims to increase the value of the prison by adding economic production which is expected to promote regional economic growth.
Sector: Penitentiary Sub-Sector: Correctional facility
Estimated Project Cost : US$ 15.5 million
Government Contracting Agency : Ministry of Law and Human Rights Contact Person : Mr. Aman Riyadi +62-21-3857611 ext. 205 / +62-81808230266; e-mail: [email protected] or [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. Preparation : 2017 2. Larap, Land Acquisition &
Tender for SPC : 2018 3. Construction : 2019 - 2020 4. Operation : N/A
Financial Feasibility: IRR : 14.4% FIRR : 13.5% NPV : US$ 28.7 million
Business Opportunity: Bidder/financier Project Status: OBC has been assisted by Bappenas and then continued by proposing Project Development Facility to Ministry of Finance for FBC development.
Indicative Government Support & Guarantee: PDF from Ministry of Finance.
LOCATION MAP
Indicative Project Structure
INDUSTRIAL CORRECTIONAL FACILITY NUSAKAMBANGAN LOCATION: Central Java
53
Description : The relocation of the correctional facility in Salemba that is located in Central Jakarta to Ciangir, West Java Province (around 40 km from Jakarta) has the following objectives: (i) to solve the overcapacity problem in Salemba’s prison; (ii) current prison condition is no longer appropriate with the DKI Jakarta Spatial Plan; (iii) to accommodate the Government’s budget constraint for building prisons. Therefore, developing the correctional facility in Ciangir with an area of 30,000 m2 which could accommodate 5,000 prisoners, with medium security and open camp system is needed. Ciangir is near to Tigaraksa Industrial Estate, enabling the development of industrial prisons focusing on processing industry activities. The prison will provide programs and services by developing processing industry.
Estimated Project Cost : Under Calculation
Government Contracting Agency : Ministry of Law and Human Right Contact Person : Mr. Aman Riyadi +62-21-3857611 ext. 205 / +62-81808230266; e-mail: [email protected] or [email protected] Estimated Concession Period : N/A
Implementation Schedule (ETA): 1. Preparation : 2017 - 2018 2. Larap, Land Acquisition & Tender for SPC : 2018 - 2019 3. Construction : 2018 - 2019 4. Operation : 2020
Business Opportunity: Transaction adviser/bidder/financier Project Status: OBC is being prepared through assistance by Bappenas
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
RELOCATION OF CORRECTIONAL FACILITY LOCATION: DKI Jakarta
Will be determined after completing the FBC
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
Sector: Penitentiary Sub-Sector: Correctional facility
READY FOR TRANSACTION
ROAD
1.Semarang – Demak Toll Road (US$ 593.0 million)
2.Serang – Panimbang Toll Road (US$ 400.0 million)
3.Jakarta – Cikampek South Toll Road (US$ 1,029.2 million)
4.Probolinggo – Banyuwangi Toll Road (US$ 1,620.7 million)
54
55
Description : This toll road is a part of Trans-Java Toll Road which connects Semarang City’s west side, east side and south side. This highway is included in National Way Route 1.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 593.0 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] Estimated Concession Period : 35 years
Implementation Schedule (ETA): 1. FBC & Land Acquisition : 2017-2018 2. Pre-qualification : 2017-2018 3. Bidding and Evaluation : 2017-2018 4. Negotiation with Preferred Bidder : 2018-2019 5. Contract Award : 2018-2019
Financial Feasibility: IRR : Under Calculation FIRR : Under Calculation NPV : Under Calculation
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.
Indicative Project Structure
SEMARANG – DEMAK TOLL ROAD LOCATION: Central Java
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
Length 25.25 km
Designed Speed 80 km/ hr
Number of Lane 2x2 2x3 double MCB
Lane Width 3.6 m
Outer Lane Width 3 m
Inner Lane Width 1.5 m
Median 5.5 m
56
Description : • Located in Banten Province where the toll reach from
Jakarta to Tanjung Lesung Special Economic Zone with approximately 83.9 km in length.
• 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.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 400.0 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] Estimated Concession Period : 40 years
Financial Feasibility: IRR : 13.96 % NPV : US$ 40.9 million
Business Opportunity: Transaction adviser/bidder/financier Project Status: Director General of PPR Ministry of Finance has issued Preliminary Confirmation Letter on AP scheme on PPP project dated July 24, 2017(Letter No S-71/MK.08/2017)
Indicative Government Support & Guarantee: Construction support from Government for
approximately 33 km; Several risks from the Government which can be
potentially guaranteed by IIGF.
LOCATION MAP
Indicative Project Structure
SERANG – PANIMBANG TOLL ROAD LOCATION: Banten
Implementation Schedule (ETA): Availability Payment (AP): 1. Preparation : 2016 2017 2. Larap, Land Acquisition &
Tender for SPC : 2017 2017 - 2018 3. Construction : 2018 2018 4. Operation : 2019 2019
Public
Service
Agency (BLU)
BPJT
Creditor
57
Description : The route of Jakarta – Cikampek II Toll Road is proposed at the south side of existing Jakarta – Cikampek Toll Road to avoid paddy field spreading widely on the north side.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 1,029.2 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] Estimated Concession Period : 35 years
Implementation Schedule (ETA): 1. FBC & Land Acquisition : 2017 - 2018 2. Pre-qualification : 2017 3. Bidding and Evaluation : 2017 4. Negotiation with Preferred Bidder : 2017 5. Contract Award : 2017
Financial Feasibility: IRR : 12.52% NPV : US$ 2.6 million
Indicative Government Support & Guarantee: Project’s authorization risk, construction delay risk and payment risk. Statement from Government to guarantee this project is also required.
Indicative Project Structure
JAKARTA – CIKAMPEK II SOUTH TOLL ROAD LOCATION: Bekasi, West Java
Length 64 km
Designed Speed 80 - 120 km/ hr
Number of Lane 2x2 2x3 double MCB
Width 3.6 m
Outer Lane Width 3 m
Inner Lane Width 1.5 m
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
58
Description : Probowangi Toll Road is 172.91 km long, which connects South Ring Road in Banyuwangi. This toll road starts from Wongsorejo District (the border between Situbondo - Banyuwangi) and requires 257 ha of land which crosses 7 villages in Kraksaan and Ketapang.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 1,620.7 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] Estimated Concession Period : 35 years
Implementation Schedule (ETA): 1. FBC & Land Acquisition : 2017 - 2018 2. Pre-qualification : 2017 3. Bidding and Evaluation : 2017 4. Negotiation with Preferred Bidder : 2017 5. Contract Award : 2017
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.
Indicative Project Structure
PROBOLINGGO – BANYUWANGI TOLL ROAD LOCATION: East Java
Business Opportunity: Transaction adviser/bidder/financier Project Status: Under preparation
ALREADY TENDERED
Available for Financing
1.Cisumdawu Toll Road (US$ 622.2 million)
2.Bandar Lampung Water Supply (US$ 80.0 million)
3.Nambo Regional Waste Management(US$ 44.4 million)
59
60
Description : The Cileunyi – Sumedang – Dawuan toll road project (Cisumdawu) is one of the infrastructure projects run by the Government. This 58.5 km toll road consists of 6 sections, which will support Kertajati Airport in West Java. This toll road will pass 7 areas, namely Cileunyi, Tanjung Sari, Sumedang, Cimalaka, Legok, Ujung Jaya and Kertajati.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 622.2 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] Estimated Concession Period : N/A
Implementation Schedule (ETA): 1. Preparation : 2016 2. Tender for SPC : 2017 3. Construction : 2018 4. Operation : 2019
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.
Indicative Project Structure
CILEUNYI – SUMEDANG – DAWUAN TOLL ROAD LOCATION: West Java
Investor(s) : PT Citra Karya Jabar Tol
Financier :
Financial close on process
Business Opportunity: Engineering, Procurement and Construction (EPC) Project Status: Land acquisition and Construction.
61
Description : Bandar Lampung Water Supply was developed to improve water services to the citizens of Bandar Lampung City. The level of services is expected to be increased from 20% in 2015 to 46% in 2024 with sustainable access to safe drinking water. The capacity of the system is 750 L/sec and the system will serve 60,000 household connections. The service area will cover 8 districts in Bandar Lampung.
Sector: Water supply Sub-Sector: Water supply
Estimated Project Cost : US$ 80.0 million
Government Contracting Agency : Local Government Owned Water Utilities (PDAM) Preparation Agency : PT SMI through PDF from Ministry of Finance Contact Person : Mr Supardji +62-721-483855; e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. FS : 2017 2. Bidding : Q3 - 2017 3. Evaluation and award : Q3 - 2017 4. Contract Signing : 2018 5. Financial Close & Construction : 2019
Financial Feasibility: IRR : 17.6% FIRR : Under Calculation NPV : US$ 54.7 million
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.
Indicative Project Structure
BANDAR LAMPUNG WATER SUPPLY LOCATION: Bandar Lampung
Business Opportunity: Bidder/financier Project Status: Tender process (pre-qualification)
62
Description : West Java Province will develop green waste management technology which can produce RDF. This technology can process waste up to 1,500 ton per day.
Sector: Waste management infrastructure system Sub-Sector: Waste management infrastructure system
Estimated Project Cost : US$ 44.4 million
Government Contracting Agency : Governor of West Java Province Implementation : Regional Waste Management Office, West Java Contact Person : Edi Bahtiar (Head of Regional Waste Management Office +62-81221264704; e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. FS : 2014-2015 2. Bidding : 2015 3. Construction : 2017 4. Operation and Maintenance : 2019
Financial Feasibility: IRR : 13.6 % WACC : 11.8% NPV : US$ 4.8 million
Indicative Government Support & Guarantee: Tipping fee has been guaranteed through Local Government Regulation.
Indicative Project Structure
Nambo Regional Waste Management LOCATION: Bogor, West Java
Business Opportunity: Financier Project Status: PPP Agreement has been signed between GCA and SPV
Investor(s) : PT Jabar Bersih Lestari Consortium: Emsus, Enbicon, Forcabel, Kun Hwa (Korea) and PT Panghegar Energy Indonesia
Financier : Under financial close process
ALREADY TENDERED
Construction and Operation
1.Central Java Power Plant (US$ 4200 million)
2.Palapa Ring West Package (US$ 263.6 million)
3.Palapa Ring East Package (US$ 1065.2 million)
4.Umbulan Water Supply (US$ 140.7 million)
5.Manado - Bitung Toll Road (US$ 396.0 million)
6.Balikpapan - Samarinda Toll Road (US$ 767.0 million)
7.Pandaan - Malang Toll Road (US$ 99.0 million)
8.Krian - Legundi - Bunder - Manyar Toll Road (US$ 940.0 million)
9.Jakarta - Cikampek Elevated II Toll Road (US$ 1249.0 million)
10.Batang - Semarang Toll Road (US$ 850.0 million)
11.Serpong - Balaraja Toll Road (US$ 464.0 million) 63
64
Description : This project is the development of coal-fired power plant in Batang Regency, Central Java with capacity of 2x1000 MW. It is considered as the largest PPP electricity project by capacity in Asia.
Sector: Electricity Sub-Sector: Power plant
Estimated Project Cost : US$ 4.2 billion
Government Contracting Agency : Directorate General of Electricity, Ministry of Energy and Mineral Resources / PT Perusahaan Listrik Negara (Persero) Contact Person : Ms. Fani Vebriliona e-mail: [email protected] Concession Period : 25 years
Implementation Schedule (ETA): 1. FS & Land Acquisition : 2011 2. Bidding & Detail Design : 2011 3. Construction : 2016 - 2020 4. Operation : 2018
Financial Feasibility: IRR : 8.2 % EIRR : 15.2 %
Project Status:
• The project has reached financial close on June 6th 2016
with PT Bhimasena Power Indonesia as the investor
• Construction progress has reached 25% by September 2017
Indicative Government Support & Guarantee: Land acquisition, Capacity Payment (CP) and Availability Payment (AP). Guarantee by IIGF.
LOCATION MAP
Project Structure
CENTRAL JAVA CFPP 2 X 1000 MW LOCATION: Central Java
Investor(s) : Consortium of J-Power, Adaro Power, Itochu
Corporation;
Financier :
PT Bank Mandiri
65
Sector: Telecommunications and informatics Sub-Sector: Fiber optic
Estimated Project Cost : US$ 263.6 million
Government Contracting Agency : Ministry of Communication and Information Technology Contact Person : Mr. Dhia Anugrah Febriansa (Infrastructure Director of BP3TI) +62-8129003167; e-mail: [email protected] Estimated Concession Period : 15 years
Implementation Schedule (ETA): 1. Construction : 2017-2018 2. Operation : 2019-2033
Financial Feasibility: IRR : 15,1 % NPV : US$ 9.1 million
Indicative Government Support & Guarantee: Payment mechanism: Availability Payment (AP). Government guarantee by IIGF.
LOCATION MAP
Indicative Project Structure
PALAPA RING WEST PACKAGE LOCATION: Sumatera and Kalimantan Barat
Project Status: Project currently under construction
Description : Development of fiber optic-based broadband telecommunication network which will connect Riau Province, Riau Islands and the Natuna Island off Sumatera with a total length of about 2,275 km. Investor(s) : Consortium of PT Mora Telematika Indonesia and PT
Ketrosden Triasmitra
Financier :
PT Bank Mandiri
66
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.
Sector: Telecommunications and informatics Sub-Sector: Fiber optic
Estimated Project Cost : US$. 1,065.2 million
Government Contracting Agency : Ministry of Communication and Information Technology Contact Person : Mr. Dhia Anugrah Febriansa (Infrastructure Director of BP3TI) +62 8129003167; e-mail: [email protected] Estimated Concession Period : 15 years
Implementation Schedule (ETA): 1. Construction : 2017-2018 2. Operation : 2019-2033
Financial Feasibility: IRR : 14.3 % NPV : US$ 24.1 million
Project Status: Project currently under construction
Indicative Government Support & Guarantee: Payment mechanism: Availability Payment (AP). Government guarantee by IIGF.
LOCATION MAP
Indicative Project Structure
PALAPA RING EAST PACKAGE LOCATION: 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
67
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 approximately 320,000 households.
Sector: Water supply Sub-Sector: Water supply
Estimated Project Cost : US$ 140.7 million
Government Contracting Agency : East Java Provincial Government Contact Person : Mr. Lili Soleh Wartadipradja e-mail: [email protected] Estimated Concession Period : 25 years
Implementation Schedule (ETA): 1. Preparation : 2011-2016 2. Larap, Land Acquisition &
Tender for SPC : 2016-2017 3. Construction : 2017-2019 4. Operation : 2020
Financial Feasibility: IRR : 14.0 % FIRR : 14.0 % NPV : US$ 34.2 million
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
Indicative Project Structure
UMBULAN WATER SUPPLY LOCATION: East Java
Project Status: Project currently under construction
Investor(s) : Consortium of Bangun Cipta Kontraktor and Medco Energy International
Financier :
PT IIF and PT SMI (Persero)
68
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.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 396.0 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] Estimated Concession Period : 40 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Larap, Land Acquisition &
Tender for SPC : 2016 - 2017 3. Construction : 2017 - 2019 4. Operation : 2019
Financial Feasibility: IRR : 12.2 % NPV : US$ 13.7 million
Indicative Government Support & Guarantee: Necessity: - Land acquisition risk - Land fund risk - Tariff adjustment risk - Ramp up period - Political risk - Termination risk
LOCATION MAP
Indicative Project Structure
MANADO – BITUNG TOLL ROAD LOCATION: North Sulawesi
Project Status: Project is currently on land acquisition stage and under construction
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
69
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).
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 767.0 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] Estimated Concession Period : 40 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Larap, Land Acquisition &
Tender for SPC : 2016 3. Construction : 2016 - 2018 4. Operation : 2019
Financial Feasibility: IRR : 13.78% NPV : US$ 260.0 million
Indicative Government Support & Guarantee: Necessity: - Land acquisition risk - Land fund risk - Tariff adjustment risk - Ramp up period - Political risk - Termination risk
LOCATION MAP
Indicative Project Structure
BALIKPAPAN - SAMARINDA TOLL ROAD LOCATION: 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)
Project Status: Project is currently on land acquisition stage and under construction
70
Description : Pandaan - Malang toll road is designed to improve connectivity in the region. In addition, Pandaan – Malang toll road is expected to facilitate industrial transportations from Pandaan to Malang which are connected directly to Surabaya, and vice versa.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 461.0 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] Estimated Concession Period : 35 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Larap, Land Acquisition &
Tender for SPC : 2016 - 2017 3. Construction : 2016 - 2019 4. Operation : 2020
Financial Feasibility: IRR : 13.81% NPV : US$ 99.0 million
Indicative Government Support & Guarantee: Necessity: - Land acquisition risk - Land fund risk - Tariff adjustment risk - Ramp up period - Political risk - Termination risk
LOCATION MAP
Indicative Project Structure
PANDAAN - MALANG TOLL ROAD LOCATION: East Java
Investor(s) : 1. PT Jasa Marga (Persero) Tbk.;
2. PT Pembangunan Perumahan (Persero) Tbk.;
3. PT Sarana Multi Infrastruktur (Persero).
Financier :
Refinancing with syndication of BNI, BCA and Bank
Mandiri
Project Status: Project is currently on land acquisition stage and under construction
71
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.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 940.0 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] Estimated Concession Period : 45 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Larap, Land Acquisition &
Tender for SPC : 2016 3. Construction : 2016 - 2018 4. Operation : 2019
Financial Feasibility: IRR : 14.6 % NPV : US$ 287.0 million
Indicative Government Support & Guarantee: Necessity: project’s authorization risk, construction delay risk, payment risk and guarantee statement from Government.
LOCATION MAP
Indicative Project Structure
KRIAN - LEGUNDI - BUNDER - MANYAR TOLL ROAD LOCATION: East Java
Project Status: Project is currently under land acquisition stage and under construction
Investor(s) : 1. PT Waskita Toll Road (55%);
2. PT Energi Bumi Mining (25%);
3. PT Panca Wira Usaha Jawa Timur (20%);
Financier :
Financial close through Contractor Pre-Financing (CPF)
72
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.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 1,249.0 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] Estimated Concession Period : 45 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Tender for SPC : 2016 3. Construction : 2017 - 2019 4. Operation : 2019
Financial Feasibility: IRR : 12.6 % NPV : US$ 104.0 million
Indicative Government Support & Guarantee: - Political risk - Termination risk - Tariff adjustment
LOCATION MAP
Indicative Project Structure
JAKARTA - CIKAMPEK ELEVATED II TOLL ROAD LOCATION: Jakarta – West Java
Project Status: Under construction
Investor(s) : 1. PT Jasa Marga (Persero) Tbk. (80%);
2. PT Ranggi Sugiron Perkasa (20%).
Financier :
Syndication of bank on investment credit
73
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.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 850.0 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] Estimated Concession Period : 45 years
Implementation Schedule (ETA): 1. Preparation : 2016 2. Tender for SPC : 2016 3. Construction : 2016 - 2018 4. Operation : 2019
Financial Feasibility: IRR : 13.7% NPV : US$ 230.0 million
Indicative Government Support & Guarantee: - Political risk - Land fund - Land acquisition - Tariff adjustment
LOCATION MAP
Indicative Project Structure
BATANG - SEMARANG TOLL ROAD LOCATION: Central Java
Project Status: This project has reached financial close, currently under land acquisition stage and under construction
Investor(s) : 1. PT Jasa Marga (Persero) Tbk.;
2. PT Waskita Toll Road.
Financier :
Financial close through Contractor Pre-Financing (CPF)
74
Description : Serpong-Balaraja Toll (30 km) is part of the Jabodetabek road network. This toll road is located in Banten Province and will support rapid development in that area.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 464.0 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] Estimated Concession Period : 40 years
Implementation Schedule (ETA): 1. Preparation : 2015 2. Tender for SPC : 2016 3. Construction : 2016 - 2019 4. Operation : 2019
Financial Feasibility: FIRR : 15.89% NPV : ± US$ 231.0 million
Indicative Government Support & Guarantee: - Political risk - Land acquisition - Tariff adjustment
LOCATION MAP
Indicative Project Structure
SERPONG-BALARAJA TOLL ROAD LOCATION: Banten
Business Opportunity: Financier Project Status: Financial close, land acquisition and under construction
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
PINA PROJECTS
INVESTMENT OPPORTUNITIES IN PINA There are currently 5 PINA Categories Projects available for investment
76 • PINA Center for Private Investment, * In Process TBC as per August 31, 2017
Sectors* PINA Project Name & Status
Number of Projects
Project Cost (IDR) Project Cost (US$) Additional Information
Waskita - Toll Road South Sumatera, North Sumatera & Greater Jakarta.
3 26.4 trillion 2,000.0 million • Total 760 km • Status: Under preparation
Hutama Marga Waskita - Toll Road – North Sumatera.
1 13.4 trillion 1,010.0 million • Total 98 km • Status: Under preparation
West Java International - Airport (Phase 1) Kertajati, West Java.
1 2.1 trillion 170.0 million • International Airports • Status: Ready to offer
PP Energi - Power Plant, Meulaboh, Aceh.
1 7.5 trillion 570.0 million • Total capacity 410 MW • Status: Under preparation
Gas-Fired Diesel Power Plant, Pesanggaran, Bali.
1 2.0 trillion 152.6 million • Total capacity 200 MW • Status: COD on 2015
Various types of Power Plants of PT PJB
10 118.1 trillion 8,950.0 million • Total Capacity 6,510 MW
R80 Turboprop Airplane 1 26.4 trillion 2,000.0 million
• The development of the R90 turboprop regional airplane that carries 80-90 passengers
Tananaga – Land of Dragon – Labuan Bajo, Flores 1 13.2 trillion 1,000.0 million
• An integrated Eco-Tourism destination supported with Smart City concept
Total 19 209.1 trillion 15,902.6 million
Toll-road
Airport
Power Plant (IPP)
Aerospace*
Integrated
Tourism Resort
77
Description : • SRIMP is the toll-road business agency that owns the
Kayuagung – Palembang – Betung toll road concession (South Sumatera province). This section is a highway toll road with total length of 111.7 km. Kayuagung – Palembang – Betung has 3 sections under construction and land acquisition process. The first section is expected to operate in June 2018. The second and third section are expected to operate in April 2019.
• The Kayuagung – Palembang – Betung toll road is the back bone of the Trans-Sumatera toll road, which will be connected to other toll roads operated by affiliated companies.
Sector: Road Sub-Sector: Toll road
Estimated Investment Cost : US$ 1,085 billion
Company : PT Waskita Toll Road Contact Person : Joko W. Widodo (CFO) +6281286133745; e-mail: [email protected] Concession Period : 40 years Total Length : 111.7 km
Implementation Schedule (ETA): 1. Preparation : 2016 2. Land Acquisition & Tender for SPC : 2016 3. Construction : 2016-2019 4. Operation : First section on June
2018, second and third section on April 2019
Financial Feasibility: IRR : 16% Payback Period : 12 years
Toll Road Concession Agreement: - Tariff adjustment
Ownership Structure
1. SRIWIJAYA MARKMORE PERSADA (SRIMP) LOCATION: Kayuagung – Palembang – Betung
Business Opportunity: Direct selling of 98% shares of PT Waskita Toll Road in SRIMP, including some of the construction Project Status: Ready to offer
Investor(s) : 1. PT Waskita Toll Road (98%);
2. PD Bende Segukguk (1%);
3. PD Prodexim (1%).
78
Description : JMKT is the toll-road business agency that owns the Medan – Kualanamu – Tebing Tinggi toll road concession (North Sumatera province). This section is a highway toll road with total length of 61.8 km, where 17.8 km is developed by the Government. Medan – Kualanamu – Tebing Tinggi toll road has 7 sections. The second to sixth section are expected to operate by September 2017. The first section is expected to operate by the first quarter of 2018. The seventh section is expected to operate by the third quarter of 2018.
Sector: Road Sub-Sector: Toll road
Estimated Investment Cost : US$ 303 million
Company : PT Waskita Toll Road Contact Person : Joko W. Widodo (CFO) +62-81286133745; e-mail: [email protected] Concession Period : 40 years Total Length : 61.8 km
Implementation Schedule (ETA): 1. Preparation : 2015 2. Land Acquisition &
Tender for SPC : 2015 3. Construction : 2017 - 2018 4. Operation : Section 2 – 6 on
September 2017, Section 1 on first quarter of 2018 and Section 7 on third quarter of 2018
Financial Feasibility: IRR : 14,9% Buyback Period : 19 years
Toll Road Concession Agreement: - Land acquisition - Tariff adjustment - Land fund
2. JASA MARGA KUALA NAMU TOLL (JMKT) LOCATION: Medan – Kualanamu – Tebing Tinggi
Business Opportunity: Direct selling of 30% shares of PT Waskita Toll Road in JMKT Project Status: Ready to offer
Investor(s) : 1. PT Jasa Marga (Persero) Tbk. (55%);
2. PT Waskita Toll Road (30%);
3. PT Pembangunan Perumahan (Persero) Tbk. (15%).
79
Description : • KKDM is the toll-road business agency that owns the Bekasi
– Cawang – Kampung Melayu toll road concession. This section is a highway toll road with the total length of 14.5 km. Bekasi – Cawang – Kampung Melayu or Becakayu has 2 sections..The first section (B and C sub-section) with the length of 8 km, is expected to operate in October 2017. The first section (A sub-section) with length of 3 km, is expected to operate in March 2018. The second section with length of 3.5 km is expected to operate in March 2019.
• The Bekasi – Cawang – Kampung Melayu toll road will be the most preferable route connecting downtown and eastern part of Jakarta.
Sector: Road Sub-Sector: Toll road
Estimated Project Cost : US$ 607.2 million
Company : PT Waskita Toll Road Contact Person : Joko W. Widodo (CFO) +62-81286133745; email: [email protected] Concession Period : 45 years Total Length : 14.5 km
Implementation Schedule (ETA): 1. Preparation : 2014 2. Larap, Land Acquisition &
Tender for SPC : 2014 3. Construction : 2014 - 2019 4. Operation :
First Section (B and C sub-section) on October 2017, (A sub-sction) on March 2018, Second Section on March 2019
Financial Feasibility: IRR : 15,51% Payback Period : 13 years
Toll Road Concession Agreement: - Land acquisition - Tariff adjustment - Land fund
3. KRESNA KUSUMA DYANDRA MARGA (KKDM) LOCATION: Bekasi – Cawang – Kampung Melayu
Business Opportunity: Direct selling of 98,97% shares of PT Waskita Toll Road in KKDM Project Status: Ready to offer
Investor(s) : 1. PT Waskita Toll Road (98.97%);
2. PT Jasa Marga (Persero) Tbk. (1.03%).
Ownership Structure
4. HUTAMA MARGA WASKITA TOLL ROAD Company and Project Overview
80 • Sources: PT Hutama Marga Waskita, PINA Center for Private Investment
A. COMPANY PROFILE
• PT. Hutama Marga Waskita (HMW) is a subsidiary of Hutama Karya in toll road business. Hutama Karya as a holding is assigned by mandate to develop and operate Trans-Sumatera Toll Road.
• HMW is an SPV for Kuala Namu - Tebing Tinggi – Parapat Toll Road with the total length of 98.5 km.
• HMW is owned by 3 national SOEs: Hutama Karya, Jasa Marga and Waskita:
Projects
40% 30% 30%
B. PROJECT OVERVIEW
Project : Name Length : Concession : Start Operation : Start Concession : Period Total Cost :
Kuala Tanjung – Tebing Tinggi – Parapat Toll Road 98.5 km 2016 2021 40 years IDR 13.45 trillion (US$ ~ 1 billion)
INVESTMENT OPPORTUNITIES IN HMW
• Kuala Tanjung – Tebing Tinggi – Parapat Toll Road is already proposed as National Strategic Project and will be supported by Government policies and facilities (including 50 km VGF)
• Kuala Tanjung – Tebing Tinggi – Parapat Toll Road will support the connectivity for Kuala Tanjung Port and Kualanamu International Airport
• Key access to support Toba Lake Tourism Destination Area in South Sumatera
4. HUTAMA MARGA WASKITA TOLL ROAD Indicative Structure and Investment Objective
81 • Sources: PT Hutama Marga Waskita, PINA Center for Private Investment
D. INVESTMENT OBJECTIVE
Investment : Required Use of : Funds Capital Structure of Projects Target : Financial Close
Equity financing HMW up to IDR ~4 trillion or US$ 300 million (assuming 50 km using VGF) Financing equity portion of HMW in projects • 30% equity • 70% debt 2017
Contact: Wikumurti (Director) Mobile : +6281298508229 E-mail : [email protected]
C. INDICATIVE STRUCTURE 2 (two) options of financing instruments are being considered: 1. Discretionary Funds/RDPT (RDPT issued by HMW, RDPT directly invest to HMW project, new investors participate through RDPT)
2. Perpetuity Notes (Bonds Issued by Hutama Karya and fund will pass through to HMW)
New Investors Perpetuity
Notes
Project
New Investors
RDPT Equity
Project
PRELIMINARY
4. HUTAMA MARGA WASKITA TOLL ROAD Project location
82 • Sources: PT Hutama Marga Waskita, PINA Center for Private Investment
Range
Range
Toll Road
Additional route
4. HUTAMA MARGA WASKITA TOLL ROAD Project Location
83 • Sources: PT Hutama Marga Waskita, PINA Center for Private Investment
Preliminary Basic Design Alternative Basic Design
Preliminary Basic Design
Alternative Basic Design
Preliminary Basic Design
Trace Survey of Tebing Tinggi - Parapat toll road
5. WEST JAVA INTERNATIONAL AIRPORT PHASE-I Company and Project Overview
84
A. COMPANY PROFILE
• PT Bandarudara Internasional Jawa Barat (PT BIJB) was founded in 2014 and fully owned by West Java Provincial Government.
• PT BIJB is responsible for land development and airport development and operation, also developing Aerocity area which is integrated with the Airport.
• Based on West Java Province regulation, PT BIJB ownership consists of West Java Province Government and Jasa Sarana (also owned by West Java Province Government):
B. PROJECT OVERVIEW INVESTMENT OPPORTUNITY IN BIJB
• Ministry of Transportation already opens airport sector for private investment
• West Java economy and tourism are growing rapidly, in 2016 West Java’s economic growth is at 5.76% and tourism growth at 17%
• Kertajati Aerocity development will push PT BIJB’s Traffic and Business
• Feasibility of PT BIJB Airport project:
IRR (Project) 20%
IRR (Equity) 22%
NPV US$ 172 million
Payback Period 6 years
Construction finished 2017
Terminal capacity 5.6 Million Pax
Land development 1,000 Ha
Terminal Area 96,280 m2
Runway 1 7,000 m2
Runway 2 3,000 m2
Taxi Way 15 Unit
Aircraft Parking Stand 14 Unit
• Sources: PT Bandara Udara Internasional Jawa Barat, PINA Center for Private Investment
5. WEST JAVA INTERNATIONAL AIRPORT PHASE-I Indicative Structure and Investment Objective
85
D. INVESTMENT OBJECTIVE
Investment : Required Investment Denomination : Use of Fund : Capital Structure Of Project : Preferred Instrument : Minimum : Investment Target Performance Contact :
For Phase 1 development of PT BIJB’s Airport, investment required IDR 942 billion (US$ 70 million) Rupiah (IDR) Phase 1 PT BIJB Development • 70% equity (33% from
RDPT) • 30% debt RDPT equity (RDPT Dirgantara 1) IDR 50 billion (US$ 3.7 million) per Investor 15% (non-compounded) & Min 7% guaranteed by PT Jasa Sarana Buy back by PT BIJB
C. INDICATIVE STRUCTURE
PT BIJB already issued Discretionary Funds/RDPT (Reksadana Penyertaan Terbatas);
‘RDPT’ will invest directly to PT BIJB, to finance PT BIJB Phase 1 development;
Potential investor can participate by investing through subscription of the RDPT instrument.
Investment : Period Exit Strategy : Financial Advisor : Investment Management :
5 – 10 years • Strategic sales or
Exercise put options
• Public offering
PT Sarana Multi Infrastructure PT Danareksa Investment Management
New Investor
RDPT Equity
Project
Contact: Victor Edward (EVP, Head of Loan Syndication and Structure Division PT Sarana Multi Infrastructure) Mobile : +62-812 9054 360 Email : [email protected]
• Sources: PT Bandara Udara Internasional Jawa Barat, PINA Center for Private Investment
5. WEST JAVA INTERNATIONAL AIRPORT PHASE-I Project Progress by July 5th 2017
86 • Sources: PT Bandara Udara Internasional Jawa Barat, PINA Center for Private Investment
5. WEST JAVA INTERNATIONAL AIRPORT PHASE-I Project Progress by July 5th 2017
87 • Sources: PT Bandara Udara Internasional Jawa Barat, PINA Center for Private Investment
6. PP ENERGI POWER PLANTS Company and Project Overview
88 • Sources: PT PP Energi, PINA Center for Private Investment
A. COMPANY PROFILE B. PROJECT OVERVIEW
• PT PP Energi is a subsidiary of PT Pembangunan Perumahan (Persero), PP Energi was founded in 2016.
• PP Energi focuses in the energy sector, with specialization in Engineering, Procurement and Construction (EPC), PP Energi also acts as investor and Independent Power Producer (IPP)
Projects Projects Projects
100%
INVESTMENT OPPORTUNITY IN PP ENERGY POWER PLANT PROJECTS
• Coal-Fired Power Plant Meulaboh is already part of RUPTL (Electricity Supply Business Plan) PLN 2016-2025 and 35.000 MW Mega Project which is supported by Government policies
• Other than Coal-Fired Power Plant Meulaboh, PP Energy is currently conducting development of several on-going project pipelines, such as PLTSa (WTE) Surakarta.
Project : Name Capacity : Transmission : Connection Location : SPV Name : Project Cost :
Coal-Fired Power Plant Meulaboh 2x200 MW 275 Kv Nagan Raya Meurebo, West Aceh n/a (PP Energi 24%, CDTO & Sewatama 76%) IDR 7.1 trillion/ US$ 540 million
Lokasi PLTU Meulaboh/Nagan
Raya 3&4
6. PP ENERGI POWER PLANTS Indicative Structure and Investment Objective
89 • Sources: PT PP Energi, PINA Center for Private Investment
D. INVESTMENT OBJECTIVE
Investment : Objective Use of : Funds Capital : Structure of Project Preferred : Instrument
• IDR ~2 trillion (US$ 162 million)
• Equity financing for
Coal-Fired Power Plant Meulaboh and project pipelines
• 30% equity • 70% debt
• Limited Participation
Mutual Fund (RDPT Equity)
• Perpetuity Notes
Contact : Supri (CFO/Director) Mobile : 0813 2611 9977 Email : [email protected]
C. INDICATIVE STRUCTURE
2 options of financing instruments are considered: 1. Limited Participation Mutual Fund/RDPT (RDPT issued by PP Energi, RDPT directly invests top energy project, new investors participate through RDPT)
2. Perpetuity Notes (Bonds issued by PP and fund will pass through to PP Energi)
New Investors Perpetuity
Notes
Projects
New Investors
RDPT Equity
Projects Projects Projects
Location : Denpasar, Bali
Investor : PT Indonesia Power Financier : Equity by PT Indonesia Power
Sector : Energy Sub Sector : Power generation
Government Contracting Agency : PT Indonesia Power Contact Person : Hermanugroho +628161927100; e-mail: [email protected]
Estimated Project Cost : IDR 15.3 million
Financial Feasibility Based on Feasibility Study : IRR : 15% NPV : IDR 317.63 billion
Implementation Schedule ( ETA ) : COD on June 2015
Indicative Project Structure
Business Opportunity : Financier Project Status : COD on June 2015
Project Scheme
7. Project Profile Gas-Fired Diesel Power Plant Pesanggaran 200 MW – Bali
Source: PINA Center for Private Investment 90
PJB’S PROJECTS
91
51,0%
BPI Invest-ment Investment EPC O&M
O&M IPP IPP IPP
Human Resource Supplier
Certification of Competence
Engineering Consultant
IPP PLTU Mamuju
IPP PLTU Jawa 7
Sub Subsidary
Affiliate
Subsidiary 99,99% 0,01 %
100%
98,0% 98,9% 99,8% 73,0%
49,0% 36,6% 29,1% 49,0%
10 % O&M PLTU Jawa 7
PLN-SC
Corporate Structure of PJB Group
30 %
30 %
92
Existing PJB Power Plant
Cirata Hydroelectric Power Plant 1.008 MW + Solar Power Plant 1 MW
Muara Karang Combined-Cycle Power Plant, Steam Power Plant (Gas/HSD) 909 MW
Brantas Hydroelectric Power Plant
281 MW Paiton
Coal-Fired Power Plant 800 MW
Muara Tawar Block 1,2 Combined-Cycle Power Plant, Gas Power Plant (Gas/HSD) 1,760 MW
Gresik Combined-Cycle Power Plant, Steam Power Plant
(Gas/HSD) 2,219 MW
Java
Bali
Bawean Gas Engine Power Plant 3 MW
1 93
Coverage of Power Plant Pipeline PJB
Coal-Fired Steam PP MT Kalselteng 3
Coal-Fired Steam PP MT Kalselteng 4
Coal-Fired Steam PP MT Kalselteng 5
Steam Gas PP Jawa 3 Steam Gas PP Jawa 5
Steam Gas PP MT Riau 1
Steam Gas PP MT Sumsel 6
Steam Gas PP Sumbagut 1,3,4
Steam Gas PP Belawan 3,4
Total Project Value : US$ 8.95 billion
94
95 Source: PINA Center for Private Investment
8. IPP Coal Steam Power Plant – Mine Mouth Kalselteng 3 Location : Katingan Regency, Central Kalimantan Province
Description : The development IPP Coal Steam Power Plant – Mine Mouth Kalselteng 3 (2 x 100 MW) in Central Kalimantan Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 400 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2017 : 2019
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
96 Source: PINA Center for Private Investment
9. IPP Coal Steam Power Plant – Mine Mouth Kalselteng 4 Location : Katingan Regency, Central Kalimantan Province
Description : The development IPP Coal Steam Power Plant – Mine Mouth Kalselteng 5 (2 x 100 MW) in Central Kalimantan Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 400 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2017 : 2019
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
97 Source: PINA Center for Private Investment
10. IPP Coal Steam Power Plant – Mine Mouth Kalselteng 5 Location : Katingan Regency, Central Kalimantan Province
Description : The development IPP Coal Steam Power Plant – Mine Mouth Kalselteng 6 (2 x 300 MW) in Central Kalimantan Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 1,000 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2017 : 2019
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
98 Source: PINA Center for Private Investment
11. IPP Coal Steam Power Plant – Mine Mouth Sumsel 6 Location : Muara Enim Regency, South Sumatera Province
Description : The development IPP Coal Steam Power Plant – Mine Mouth Sumsel 6 (2 x 300 MW) in Central Sumatera Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 1,000 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2017 : 2019
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
99 Source: PINA Center for Private Investment
12. IPP Coal Steam Power Plant – Mine Mouth Riau 1 Location : Indragiri Hulu Regency, Riau Province
Description : The development IPP Coal Steam Power Plant – Mine Mouth Sumsel 6 (2 x 300 MW) in Central Sumatera Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 1,000 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. FS preparation 2. COD
: 2017 : 2019
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal: Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
100 • Sources: PINA Center for Private Investment
Description : The development IPP Steam Power Plant – Jawa 5 (2 x 1000 MW) in Banten Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 3,000 million
Company Contact Person Estimated Concession Period
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2018 : 2021
Financial Feasibility:
IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
13. JAVA BALI POWER PLANT – IPP BANTEN STEAM POWER PLANT (JAWA 5) Location : Kramatwatu Village, Serang Regency, Banten Province
101 • Sources: PINA Center for Private Investment
Description : The development IPP Steam Gas Power Plant – Sumbagut 1,3,4 (800 MW) in Industrial Area, Medan City, North Sumatera Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 800 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2018 : 2020
Financial Feasibility:
IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project currently under feasibility study and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
14. JAVA BALI POWER PLANT – IPP SUMBAGUT STEAM GAS POWER PLANT (SUMBAGUT 1,3,4) Location : Industrial Area, Medan City, North Sumatera Province.
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
102 Source: PINA Center for Private Investment
Description : The development IPP Steam Gas Power Plant – Jawa 3 (800 MW) in Sidokurum Village, Gresik Regency, East Java Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 800 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. Feasibility Study 2. EPC preparation 3. COD
: 2017 : 2018 : 2020
Financial Feasibility:
IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Project feasibility study has been done and EPC preparation
Indicative Government Support & Guarantee: PLN as off taker.
LOCATION MAP
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
15. JAVA BALI POWER PLANT – IPP JAVA STEAM GAS POWER PLANT (JAWA 3) Location : Sidokurum Village, Gresik Regency, East Java Province.
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
103 Source: PINA Center for Private Investment
16. IPP Steam Gas Power Plant – Riau 2 Location : Indragiri Hulu Regency, Riau Province
Description : The development IPP Steam Gas Power Plant – Riau 2 (250 MW) in Riau Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 250 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. COD
: 2022
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Land assessment and gas contract preparation
Indicative Government Support & Guarantee: PLN as off taker.
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
104 • Sources: PINA Center for Private Investment
17. IPP Steam Gas Power Plant – Belawan 3 & 4 Location : Indragiri Hulu Regency, North Sumatera Province
Description : The development IPP Steam Gas Power Plant – Belawan 3 & 4 (860 MW) in North Sumatera Province is to improve the electrification ratio in the region with the scheme Build-Own-Operate-Transfer (BOOT).
Sector: Energy Sub-Sector: Power generation
Estimated Project Cost : US$ 900 million
Company Contact Person Estimated Concession Period
Implementation Schedule (ETA): 1. COD
: 2021/2023
Financial Feasibility: IRR FIRR NPV
: N/A : N/A : N/A
Business Opportunity: Strategic partner, investor & financier
Project Status: Pre-feasibility study preparation
Indicative Government Support & Guarantee: PLN as off taker
Indicative Project Structure
Investor(s) : -
Financier :
Private equity, infrastructure finance institution and banks.
FUEL SUPPLY: Coal:
Coal miner
51 %
49 % investor
OFF TAKER: PT PLN
(Persero)
EPC Contractor
: PT Pembangkit Jawa Bali : Mr. Yusri Febiyanto +62-81326352269; e-mail: [email protected] : -
105 Source: PINA Center for Private Investment
18. R80 TURBOPROP REGIONAL AIRPLANE – PT REGIO AVIASI INDUSTRI (PT RAI) Location : Bandung & Kertajati, West Java
Sector: Transportation Sub-Sector: Aircraft industry
Estimated Project Cost : US$ 1.5 billion
Government Contracting Agency Contact Person
Estimated Concession Period
: PT Regio Aviasi Industri : Mr. Desra F Ghazfan, CIO
+62 811 11 33 77 2; e-mail: [email protected] or [email protected] : Until 2039
Implementation Schedule (ETA): 1. Full-Scale Development: 2017 - 2025
2. First Flight: 2022 3. Certification Granted: 2025 4. First Aircraft Delivery: 2025
Financial Feasibility: IRR FIRR NPV
: 13.85% : 16.48% : US$ 3 billion
Indicative Government Support & Guarantee: Government support and Government guarantee will be determined in Final Business Case Study.
Indicative Project Structure
Business Opportunity: Transaction adviser/bidder/financier
Project Status: Phase 2.1 – Preparation for full-scale development
Description :
The lowest operating cost in its class, R80 offers high dispatch reliability, advanced avionics for increased safety, high comfort for passengers and it is environmentally friendly. Planned for first flight in 2022 and first delivery in 2025, four airlines has signed their intentions to purchase a total of 155 aircrafts.
This is once-in-a-lifetime opportunity to invest in an aircraft design and manufacturing company in Indonesia. Led by the visionary Prof Dr.-Ing. B.J. Habibie, PT Regio Aviasi Industri (RAI) is a company established to reposition Indonesia in the map of aviation industry by offering the R80, a 80-92 seats regional turboprop aircraft.
Investor(s) : N/A
Financier : N/A
Strategic Partners
Financial Investors
Risk-Sharing Partners
R80 Aircraft Program
Export Aircraft Credit Sales
Airlines Aircraft Leasing
Whitetail
- UK Export Finance - Federal Export Credit Guarantee of Germany
106 Source: PINA Center for Private Investment
19. TANANAGA – LAND OF DRAGON Location : Labuan Bajo – Flores, East Nusa Tenggara
Description : An integrated Eco-Tourism destination supported with Smart City concept (Digital Technology Platform). Total development area is 1000 hectares.
Sector: Tourism destination Sub-Sector: Eco tourism with Smart City concept
Estimated Project Cost : US$ 1 billion
Company Contact Person Estimated Concession Period
: Flores Prosperindo, Ltd : Mr. Alfonso Pardede +62 812 126 777 99 : 15 years
Implementation Schedule (ETA): 1. Construction 2. Operation
: 2018-2020 : 2020-2035
Financial Feasibility: IRR FIRR NPV
: ± 14% : N/A : N/A
Business Opportunity: Strategic Partner, Investor, Operator & Financier
Project Status: Project currently under planning development
Indicative Government Support & Guarantee: Masterplan for Infrastructure and SEZ – Special Economic Zone Status
LOCATION MAP
Indicative Project Structure
Investor(s) : ENGIE (Renewable Energy), GE, Azerai (Hotel & Resorts) and others
Financier :
Private Equity and Banks